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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. is a Canada-based company, which designs and manufactures residential and commercial energy storage systems. The Company is engaged in delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers various solutions from its manufacturing facilities in Europe, Australia and North America. The Company supplies energy storage systems for solar self-consumption, grid services and demand charge applications at the grid edge. The Company’s product lines are based on patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Comment by Howard46on Jan 05, 2021 1:17pm
151 Views
Post# 32224668

RE:Expectations!

RE:Expectations!My sense is that CEO Holland is confident regarding the company's growth going forward as well as the stability and power of it's major partners such as Itochu, LG.
Therefore I'm inclined to accept his projections though, like most others, "when" the numbers are actually produced I'll be a whole lot more comfortable.    

So, what would I anticipate 6 months or so down the line?
IF Holland's comments are born out, and I think they will be, both company strength and share price should develop exponentially. Multiples 4 to 5 times current levels are not unealistic.
1 year and beyond are obviously dependent on achieving the 6 month figures (around $.80 - $1.00) but, if successful on the 6 month levels and general market expectations for this industry are born out, going forward I will be looking for $4 - $6)
(See articles such as:
https://www.mccourier.com/global-energy-storage-systems-market-size-incredible-possibilities-and-growth-analysis-and-forecast-to-2025/)

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