Hi,
Today, at the annual Frankfurt retail and institutional investors lunchtime meeting (this year held via "zoom"), I gave my personal 5 minute "update" about the current situation at EDE, as well as the outlook for 2021.
Given the recent very positive developments on both the EdenCrete and OptiBlend fronts, I presented an upbeat picture (on the basis that the current situation with respect to COVID-19 does not deteriorate any further in the first half of 2021, and actually significantly improves in the second half of 2021).
At this year's meeting, for the first time, I also presented my own personal sales & earnings estimates for this calendar year (EdenCrete and OptiBlend sales only).
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Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
Column 7 |
| 1 |
Eden Innovations - Sales and Earnings Forecast for Calendar Year 2021 - Worst Case |
|
|
|
|
|
|
| 2 |
|
|
|
|
|
|
|
| 3 |
Product |
Sales US$ |
Profit US$ (25%) |
US$/AUD |
Profit in AUD |
SOI |
SP (P/E 20) |
| 4 |
|
|
|
|
|
|
|
| 5 |
EdenCrete |
6,400,000 |
1,600,000 |
1.3100 |
2,096,000 |
2,076,662,102 |
0.0202 |
| 6 |
|
|
|
|
|
|
|
| 7 |
Optiblend |
3,200,000 |
800,000 |
1.3100 |
1,048,000 |
2,076,662,102 |
0.0101 |
| 8 |
|
|
|
|
|
|
|
| 9 |
Totals |
9,600,000 |
2,400,000 |
1.3100 |
3,144,000 |
2,076,662,102 |
0.0303 |
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
Column 7 |
| 1 |
Eden Innovations - Sales and Earnings Forecast for Calendar Year 2021 - Best Case |
|
|
|
|
|
|
| 2 |
|
|
|
|
|
|
|
| 3 |
Product |
Sales US$ |
Profit US$ (25%) |
US$/AUD |
Profit in AUD |
SOI |
SP (P/E 20) |
| 4 |
|
|
|
|
|
|
|
| 5 |
EdenCrete |
12,800,000 |
3,200,000 |
1.3100 |
4,192,000 |
2,076,662,102 |
0.0404 |
| 6 |
|
|
|
|
|
|
|
| 7 |
Optiblend |
6,400,000 |
1,600,000 |
1.3100 |
2,096,000 |
2,076,662,102 |
0.0202 |
| 8 |
|
|
|
|
|
|
|
| 9 |
Totals |
19,200,000 |
4,800,000 |
1.3100 |
6,288,000 |
2,076,662,102 |
0.0606 |
I also indicated that I expected positive news on both the EdenPlast and Hydrogen fronts later this year. However, I refrained from making any sales and earnings estimates at all for these future potentially very lucrative product lines.
Please note: in the short Q&A session immediately after my presentation, there were a lot of questions about EDE's Hydrogen capabilities. There were also some questions about TAS's 30% holding in EDE, as well as TAS's involvement with FMG in their current Vulcan Project JV in SA.
Cheers.
(20min delay)