CBD - CBD Energy

[Anthony Hosemans]

Trader Paul, I have been following this stock for many years and currently qualify for the Share Purchase Plan. I will apply for my total new entitlement as I feel this stock has enormous potential. After 5 or 6 positive announcements I would have expected this stock to have already surged.
Even though all announcements were also media releases not one of the major newspapers reported on any of their announcements. That is dissapointing, but it has allowed me to increase my shareholding at these lower prices.

This company is the only one in Australia (as far as I am aware) that is involved with solar and wind power generation AND has the ability to store excess energy with their graphite battery. Forget about all the other bigger companies who continualy talk about doing something. This small company is several years ahead of everybody else.

That is why the Chinese company Tianwae are now becoming involved. They see the potential and will be using CBD'S battery for their four square km solar project and will be supporting CBD in future projects that they are developing.

Overall some people may think this stock is still a big gamble but already they have had at least two grants of funds from Federal Government, $15 million to complete their King Island Project and additional funds for ecs Kinetics (which is currently being absorbed into CBD) to supply solar panels to Shepparton. One of the best gambles I've seen for a long time!!! Regards Kooka

 

[Jako]

Have noticed Robert Milner from WH Soul Pattinson (SOL) has bought 17% of CBD Energy.

I find this interesting as he has a very good record for picking stocks with an upside.

I guess he will move for a board seat to help guide the company towards turning a profit.

Interesting................

 

[Megacents]

Jako, he does have a reputation to picking some good deals. Just have to wait and see what direction he will push this slow bird into.

Their ideas are on the right track but not doing much at 10cents. CBD seemes to have so much promise a few years ago.

Oh well wait and see.
dyor

 

[Jako]

Announcement yesterday

Profit upgrade to 3.5-4m

Price moved up to .155 & touched .16

nice......

DYOR

Cheers

 

[Jako]

After falling back to around .12 during May, with very low trading ( abt 100-200k per day ).

In the last three days the number of shares traded has risen to around 500-800k per day.Still not a lot, but quite a bit more than the last month or longer.

CBD Energy is expected to announce a profit of 3.5-4m in August, their first profit I think.

With a number of revenue streams comming on line during the next year, I wonder if this stock is finally going to go somewhere ( up maybe ).??

Anyway I'll keep watching.

Cheers.

 

[Jako]

A couple of Announcements over the last couple of days.....

Quarterly cash flow, went from ($3.9m) to $4.815m.
Will have to wait for the annual report to see how it all turns out.

CBD Energy also reported that they are in advanced discussions concerning a number of Renewable Energy Projects in Europe, Thailand, Australia & China.

As an example of the size of these projects, The Italy & Thailand projects will produce around $60m in revenue.

Maybe this is the reason for the extra activity in the number of shares trades over the last few days.
1.5m shares traded yesterday @ .13 up .01. Still not a lot, but much more than has been trading in the prior weeks.

cheers

DYOR.

 

[Jako]

CBD Energy Full Year results today.

.. .. .. .. ..2010 .. .. 2009
Revenue ..44.4m .. 16.9m . .up163%
EBITDA ... 6.2m .. (3.3m)
NPAT . .. 8.5m .. (3.4m) . .up356%
EPS . . .. 023

A better result than expected.

Share price rose to .155 after touching .16, up 10% at the close.

Have also announced the signing of one of the contracts mentioned above.

Will be interesting to see how they hold up over the next few weeks.

Cheers

 

[Jako]

After a few quiet days, where the sp fell a cent or two, with very light trading, things look alittle bullish in early trade today.

Has been a trade over 100k & another over 75k, with some smaller ones in between.

The trades left a gap in Bid/Offer for a bit, but was filled in very quickly ( for this stock ).

This has happened twice lately, both times just before announcements ( 1-3 days before).

The first was for a project with about 300m Revenue.
The second was Full Year Accounts.

Both GOOD news.

There are three more large contracts they have bid for & are in the short list for them.

More Good news Soon ?? Maybe !!

 

[Gringotts Bank]

Latest ann is a ripper. Signing an agreement with one of China's biggest renewable energy companies. The signing is tomorrow I think. See here:

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=CBD

 

[skc]

Latest ann is a ripper. Signing an agreement with one of China's biggest renewable energy companies. The signing is tomorrow I think. See here:

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=CBD

Yup. Entered a position on the back of the announcement. It is a reasonable business doing solar installations on the domestic scale and it is now moving into much largercommecial / industrial scae projects. Remains to be seen if they can step up to that. My stop's at break-even so worth a punt.

 

[Sirbill]

http://www.thebull.com.au/articles/a/19137-china-firm-to-invest-$6bn-in-energy.html


Sounds like another announcement later on the week, hopes its keeps the SP heading up north like it is currently

 

[McCoy Pauley]

The managing director was interviewed on Lateline Business tonight. The transcript isn't yet uploaded to the ABC site, but I presume will be uploaded tomorrow. It's an interesting interview.

 

[mattycat]

Clearly this one's not had much interest here for a while.
They haven't exactly bloomed, but still there!

Anyone have any thoughts on where they are going with overseas listing and Westinghouse?

Offering packets of shares to holders at 1.3c ... will this be a big flop, or will growth from this or overseas listing turn things around for good??

Curious..

 

[System]

On February 3rd, 2014, CBD Energy Limited (CBD) was removed from the ASX's official list at the request of the Company.