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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is a proton exchange membrane (PEM) fuel cell power system development and commercialization. The Company’s principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, and the delivery of services, including technology solutions, after sales services and training. It also offers hydrogen fuel cell powertrain integration solutions. Its fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. It also has sales, assembly, research and development, certain engineering services and after-sale service facilities in Hobro, Denmark and London, United Kingdom, and has a sale, supply chain, and after-sales service office in Guangzhou, Guangdong Province, China.


TSX:BLDP - Post by User

Comment by gibbonsjon Apr 23, 2021 1:58pm
279 Views
Post# 33056183

RE:RE:New Business Keeps Rolling

RE:RE:New Business Keeps RollingI just read SA's latest BLDP thesis and thought it was as insightful as the one they did a few months before sp headed from under $4 to +$50. That article essentially said the same thing: bad investment, unclear path to profitability, sell..... my opinion is go where the market is going. We are just at the infancy of the green movement and BLDP has been around a very long time so they can weather anything that comes at them. The large financing they just completed did bring down sp which was to be expected but I feel it's reasonable to think sp will get back to the financing price of $37 soon enough. We tend to look at demand for BLDP's products from our NA perspective which is not exactly aggressively green but Asia will gobble up everything they produce because they absolutely cannot ignore their situation any longer.
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