OEC orbital corporation limited

Ann: Half Yearly Report and Accounts, page-3

  1. 605 Posts.
    lightbulb Created with Sketch.  1
    Why?

    Do you believe the Company does not have enough cash to achieve its objectives?

    The key for me is understanding why only $6m of the $12m Boeing contract was received as revenue.

    Orbital is now totally committed to building UAV revenue. Fairly simple to model what happens if they achieve guidance of $22m revenue for the full year. In my numbers share price should double.

    Also easy to see what happens if they don't - while some of this is factored into current share price it would go down at full year in absence of a profit.

    Slow story. I am only in this company as a follower of Welborn. Will be interested to see if this comes good.

    J9




    J9
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.