Traderbyday007
Oct 3, 8:09 PM
$APLD I think we coukd actually see higher tenant fit out revenue in the ER
APLD recognizes fit out revenue as the work is performed, based on costs incurred relative to total expectedcosts. Harwood does not have to be finished for a huge amount of fit out revenue to be recognized.
If the quarter included:
• remaining fit out at PF1 # 2
• Meaningful tenant specific equipment and mechanical installation at PF2 Harwood
• Potential early fit out activity at PF1 # 3
then a tenant fit out revenue range of
$120M to
$220M is possible:
• PF1 Building 2:
$40M to
$70M
• PF2 Harwood:
$70M to
$120M
• Other PF1 activity:
$10M to
$30M
• Total:
$120M to
$220M.....its possible!
THINK POSITIVE. Everyone seems to think "one time revenue" means one time. Its only one time for THAT portion of a project. The cut off was Sept 30 Think we may crush it. Hopefully we get new financing announced soon. Selling shares right now would sink us in this risk off climate
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