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Business Description: Australian Power & Gas Company Ltd (APK) is an energy retailer business which holds a full suite of gas and electricity retail licences in Victoria, New South Wales, ACT, South Australia and Queensland and has been approved to operate by AEMO, the Australian Energy Market Operator. Its customers are in residential and commercial sectors. Currently, its customers are located in Victoria, New South Wales and Queensland, which around 65% of customer for electricity supply and the remainder gas.
Strategy Analysis: APK operates as a reseller in the energy marketplace by purchasing energy at the wholesale rate and selling at the retail rate to achieve a gross margin in between 16-23%. Sales and base customer service platforms are outsourced to enable growth, whilst managing fixed costs and focusing on strategic and operational management.
Under APK’s model, direct customer acquisition costs are under $150 per customer, with an estimated number of electricity customers of 7.15m and gas customers of 2.85m.
A property trust allows you to buy 'units' in an investment operated by a professional investment manager. This Guide will help you understand the risks and decide whether to invest your money.
The Age 24/05/2013 |
The door has been opened to full deregulation of electricity prices in NSW after a report found there was a high degree of competition, with more than 60 per cent of households on unregulated contracts.
The Age 24/05/2013 |
James Hardie expects no big improvement in the housing market this year but says the sector has stabilised after interest rate cuts.
The Age 24/05/2013 |
Foster's owner SABMiller reported a 5 per cent drop in sales volumes in Australia over the past year but notched up 3 per cent growth in the fourth quarter, boosted in particular by the relaunch of Victoria Bitter.
The Age 24/05/2013 |
The ASX took more than three hours to tell stockbrokers and investors a computer failure had knocked out its critical market announcements feed in October last year, according to a new investigation into the incident.
The Age 24/05/2013 |
The Australian dollar plunged to its lowest level in a year, shedding over US2¢ in a session, as traders reacted to contradictory comments from the head of the US Federal Reserve on Thursday.