Short Term Trading Week Starting: 26th Feb, page-126

Sci, if you haven't already, take a look at the Stock One Reports on LPE - two in 2017 and one in 2018. The secret to LPE's cash flow lies in this statement:



The upfront capex sees the LPE cash flow forecast look like this:



So don't expect any miracles from their cash flow, despite the smoke and mirrors.

Over a six month period State One downgraded their YE18 Revenue predictions from $34m to $20m, as (1) management haven't been able to accelerate the rate of installations, and (2) because of the effect of this statement from management:

"Strata communities defined as "under contract" are under a contractual arrangement with LPE and commence revenue generation after an installation period that typically takes 16 weeks, after which they are referred to as energy "under management"."

Don't get me wrong, I think LPE is a great long term investment in the world of speccies, and wish you all the best. I just think the market understands LPE a little better now, and has tempered it's expectations.