Share
4,224 Posts.
lightbulb Created with Sketch. 56
clock Created with Sketch.
09/04/18
16:28
Share
Originally posted by Presch
↑
I don’t think the piddly 11 archistruct homes is worth the worry tbh
Once the testing is proven, CAT goes binding then KSA will follow and the 50000 homes ,which will be drop in ocean , the projected income that follows irrespective of which year either 19 or 20 doesn’t matter a healthy deposit will be paid to underpin earnings and working capital. Not even to mention the flood of orders to follow worldwide.
The sp will go to at least .50 and I think the Pivacs know this and have this confidently under control.
All my educated opinion of course
Expand
Yes all sounds good but how many machines would be required to build 50000 homes ?
Correct I’ve factored in Archistruct been long gone a while ago
In order to get enough machines built to fill a 50000 order this will take some initial capital
The 150 employees means they are probably running a 10 mill PA wage bill ATM plus costs for HX marketing etc
So let’s say 30 million next two years I think they would probably have to raise capital again before first earnings to shore up the bal sheet
Lot of burn coming up for FBR