RE:Exponential Growth is underway I fully agree. I held shares in exro initially bought at .20 sold all of them around low .50's and and high .40's may have been to either little profit or break even overall. But here is the thing with the company, so far whatever they have been trying to do has been all lab based amound 10 plus partners with small purchase orders nothing proven and very little revenue. Because of the hype around ev and electrification and their board they systematically put into place their shares soared to over $5 dollars and is above four! Their price to book is ridiculously high at over 122 but their earnings per shares is ridiculously low at negative 55 these are figures when i last checked. Their share count isn't all that much comparative to many companies well into 100 million plus getting close to 200 million so they really kept that low even when trading in the .20's. The company just did a 3.25 raise on best efforts to get 30 million to fund their science and developments.
No way that their share price warrants more than a buck or two based on the bottom line anymore than this deserves to be trading this low. I have given the calculations without any multiplier and straight revenue and it is showing no less than .375 but that was on only the first quarter of this year so with more revenue and what we see in the next quarter all that gets added--theoretically this can get to .50-$1.00 this year wherever it may fall but less than that the numbers don't justify it. Granted i would love to see the gross profit margins rise to 20-40% 7-12% is not great actually even with large contracts and revenue but still by raw calculations this is trading way too low.
I didn't bring exro to slam the company but exactly for the reason what you said--this is now having to move forward after cleaning up all the damage Jeffery Schwartz has done and to that extent it is starting all over again and must do so properly where it moves with integrity and does not repeat the same mistakes that were done under Jefferey's leadership. The only good moves he made as far as i am concerned is putting the essential manufacturing and partners in place as well as brining in Unifire which ultimately was a double edged sword it kind of extended his time as CEO and diminised it. That is too bad what has happened to have casted and created a dark shadow on this company but that still does not justify the low share value and people will hide behind all excuses to manipulate the shares so others like us have to use everything in our tool box to account for that one of which taking the profit when it is there is huge so that you can either buy on dips or buy somewhere else while holding a longer term core.
In any case, I really have to stay off the boards so I don't respond not because there are not good posts but because that is a huge goal of mine so I don't come across as either promoting or bashing companies as i try to talk as fairly as possible. The other reason is that I know for my own exponentially growth i will have to take advantage on sentiments to companies that I feel don't otherwise deserve to trade where they are and I will not like to say that when I hold their shares even though I have done so in the past to be as neutral and objective as i can. A few other reasons include suggesting things that I myself haven't followed but because those things are more conservative and safer to do than what I have been doing which is letting the dice roll for more than doubles on the majority of my holdings. Anyways, if people want to chat private just pm i will most likely be very conservative in my recommendations in how people manage their shares like recommending when you see a double take your intial out less comissions--so sell half your position that way you have nothing but sheer profit with the rest minus commissions so factor all the buys and sell into your calculations and moves--as well as on any run sell some a quarter or whatever to get the profit as 9/10 the share prices slide back. I will usually 90 percent if not as near to 100 percent recommend this yet I don't do it so yeah that happens with me. The one thing i will not do is lie to people--in two places matters of the heart and in monies. On the boards I have been a very straight shooter and that will be the same in the private messages.
I am hoping this is the last post--i couldn't help but respond but yes i see this way above a buck in the coming year as it really seems like the company has something really strong up its sleeve at least from that shareholders update and they seem to be moving rather aggressively. Now i know every company likes to be extremely positive and the majority in the end kind of disappoint but seeing the pieces and people who are joining leads me to believe this will be one of the few that actually will deliver over time but the beauty is that they are moving products and for those that they may develop there will be build time for people to test and evaluate them it is just the way it is but I think lot of their stuff must have been tested but wasn't quite embraced not because I think that they were bad qualtiy but perhaps budget and need for the time however you have to keep pounding the pavement and continue to show the cost and quality benefits for the offering and they have done so. There are over 1 million products sold by Unifire and all their expertise in training and counseling so this is way more tha ppe a whole lot more. People are sadly mistaken to think otherwise. But sure the lionshare of the money from what i can see literally all of it has been ppe regardless they show they can get contracts and deliver and their quarterlies will keep reflecting it and in my opinion first be stable and then keep growing. They appear to be stable at 20 to 30 million over a partial of 2019 to 2020 i forgot which part of 2019 in 2018 the whole year was around $20 million---2020 one quarter was 24 million from my recollection--i would have to go back and see the figures for sure but from my recollection the trend off the last two or three quarters is around the 20 plus million mark moving to 30 million.
Just look up the figures and you can verify whether what i have said here is true or not again this is from my recollection and i don't want to mislead. In any case, yeah this is we can call infancy needing to move forward again. If the damage wasn't done this would have been closer to $2.00 assuming everything was going well. But whatever this can be a beast over 3 years providing everything works well and the company doesn't screw up--by both numbers and most likely hype. Very few shares deserve to trade more than a few dollars definitely not over $2 and unless they start proving that their bottom line actually deserves when they trade over $2 and people think this is it the financial institutions start selling down others short and the price collapses even if they are on stronger exchanges now exro is heavily threatened by this and people over there are best to be very careful as it is trading higher than many others that have shown by the numbers they justify trading where they are--again not anything but neutral assessment of the company you can't have a price to book super high with the price to earnings super low that is putting way too much risk on future projections especially when you just have 500k to 1.5 purchase orders with people you are testing your product and systems with you need to see fuller contracts and that you are out of testing phases and people will start to realize this and if the company does not get out of testing and no real contracts it will inevitably collapse always does--just by experience looking at many companies over the year and the trends--so you need to get out of testing within 2 years the third and fourth with all that hype being there is when things really get hammered on the whole. Nxo has proven this and when it gets hammered it gets hammered people get fed up if you don't have a product when there is lots of hype and no to very little revenue--these are the reasons you take your profit because in many cases the shares can get hammered.
Good luck all and i fully agree ando this is really just a new beginning and as i have said I strongly believe the company will get the prime vendor's status back i said this year well the year is not up as well as contract(s) in body armour same thing the year is not up--a .70 year end price (the year is not up) and the body armour contract $150 million with a 5 million order now I said contract(s) that is all that i have said and still remain standing by. Let's see if what I have felt comes true for this year. Like I said, I don't cover or lie about what i had said even if things sound outlandish they are just my perspective and would need to be heavily taken with a grain of salt and another reason that I don't want to post. There have been things that have come exactly as i have said others not and others yes but longer time frame. I do work on the theory of quantum physics but I also look at the price points and that gets tough because I don't believe people should buy and hold but if their intuition and vision tells them it is the right move far be it for me or anyone else to say otherwise and that is why I said I typically will recommend a conservative thing but if people feel strongly want to roll the dice i will say you have to do what you think and feel is right i will not interfere with that but would still recommend something conservativel.
I had said very early to someone who was very skeptical about cbii that it would hit .50 to a buck this year and that is when I held 16300 shares. I had sold off shares to buy here as well as other places--Initially this pulled ahead of the cbii and i was like ok i have made the right move. These started to get screwed and I held about 5000 or so cbii shares and they got to .70 just yesterday i was down to my last 3,000 but I did sell 1,000 to take advantage of the weakness in nxo and got 1369 for 1,000. I have been brutally honest about cb2 on the boards. I said over there i can't see them trading more than $2 unless something big happens. There was a year target of $1.10 which I calculated as being low and put it at $1.25 to $1.40 after adjusting my calculations as initially i based those figures on 60 million fewer shares so I put the price at $1.50 to $2.0 a lot of the figures are stacking things up against doc as well. The $2 high is with hype consideration otherwise $1.40 is about the highest i would put and i openly said that on the boards despite holding shares not to scare and bash to get cheap shares no out of neutrality and the numbers as I did so here. Not because I want to sell shares necessarily but I will most likely lock in profit because of my strategy--so yes i will have intentions to sell some shares--again when i post i post very honestly even though i don't owe anything to anyone --and another reason i want to get off the boards my moves should be kept to myself i may share them with people in private I actually usually do. In any case, I am down to 2,000 cb2 the reason i have done this is because in the near term with nxo within the Qualacom and Nvidia communities i have no doubt if it sells the AI chip that it is now in the process of manufacturing to either or the share value will likely see $2.00 it tested $1.53 with the mention of the two companies no chips nothing but like many other pennies promises to revolutionize AI that has yet to be seen Poet said the same and progressively has been gaining value with ups and downs since it monetized but hasn't been at share values people have seen and desired not yet.
My strategy is actually in truth to optimize shares in companies who I feel can over the long term get to $3 plus dollars and with all that i hold with one exception i strongly believe they are capable six stocks--i will not mention them here i am not trying to pump just speaking to facts why i will do what i have said and as part of the strategy given i see this with those companies the objective is when there are naturally occuring price differentials another reason i want to keep off the boards again not to sound like pumping and bashing to meet my objectives i will look to take them in shares and build my shares up and any monies that is left set it aside. So for instance if I have a 2-1 meaning i get twice as many shares for the my costlier one to a cheaper one I take all of the even value and whatever monies is left bank it. I don't like to give more to get fewer shares but have done it rarely with excellent benefits and i have mostly done it more for less with equal benefits. I onlly have 17,400 shares in 7 companies over the next year I am looking to have that increase by a double not sure if it will happen organically but that is the goal like i said i see that all but one can hit $3 plus. Two will require a lot of build out as they are natural energy manufacturing processes and will not likely trade high or have lots of movement so those are locked shares but i am looking for more volatile stocks which tech seems to be as do some ev stuff which is all the rage as are analytics and media based during the pandemic like virtual conferencing esports is becoming hot etc. so I may take a chance on some but maybe not following trading between what i have and using the runs to buy the cheaper stocks on share differential and take it all in shares whatever is left bank it.
That is my new strategy given if i do strongly believe they are capable of $3 over time the larger the share the more proportionate return--i am looking for 200k in 3 years which if i can get 50k shares and 4 a share that will do it that is the plan and my strategy but I am looking to use only the shares i hold again I strongly believe they are all capable--some are cbd cb2 as mentioned is one such company, one this company, two resources, one gaming, and nxo that is 7. Again i am not disclosing not because I am jealous secretive or anything like that this is a mrs board what i have discussed was through examples and why I will likely like profits and that is strongly believing this is a $3 plus company but i don't look to sell to others that i don't see as three plus--but folks that is by my gut intuition and desire--i can't predict the price but with laws of attraction I can desire it and just keep doing so--it does work there have been people who don't believe I can't stop them for their thoughts all i can do is follow my own and that is why it is always hard for me to say anything to anyone other than you have to do what is right try not to screw people play games etc because the way the laws work is that inevitably it all comes back and that much worse. Be grateful and just keep working and knowing regardless of how things look yeah sounds fantastical but it does actually work but the moment doubt comes and you draw more of it things collapse. Have a plan all the same.
So, that is what i am doing and will keep to my 1000 minimum although with one company it took a bludgeoning and I sold half my initial 1,000 to buy into one of the two energy companies that will not likely trade high but around news it does trade a bit more and one that I strongly see as a sleeper--ok not to promote it i will tell you which one axe accelware. Apparently the big thing coming out of it aside from the tech which the company has been testing for quite some time is that there is a Native elder who has been instrumental in the Suncor deal I forgot his name as well as his group and people believe he will be instrumental in helping to promote the company. Accelware historically has been around a .05 share but reached as high as .19 it has an ask of .15 but the bids are .125 .13 because I wanted shares I did pay the .15 believing and i will say knowing in time they will be worth quite a bit more. I looked up other companies looked up what is being said and the need to build out and have others test the tech and time etc. and have assessed it at about $4 a share over time but i have taken a conservative figure compared to say Cenovus which is $7 plus another company i mentioned to someone when it was two and he recommended to be careful with it but i would have been right buying in--i have no anger or anything towards not doing so never will because when i talk to people and they have been honest with me and things work the way i would have seen and i didn't make the move there is never any anger likewise if someone recommends something to me and it doesn't work out same thing because i know they do so with pure heart it is the game players that i like to stay away from you won't get that with me--that is why i said what i did if you get in touch with me no bullshiate just straight up and keep things confidential unless we ask and agree to share with others. In any case, before i get derailed yes i see this as in the dollars low of around $4 within a few years but it isn't one that trades all that much right now however with others when news comes the volume goes up and people always buy and sell--this is a stock i want to hold longer term but it is still a gamble the testing has to keep proving what the company is saying and the company doesn't generate lots of revenue. It did get a $10 million no repayable loan from a Canadian government agency so it doesn't have to pay it back and testing at an Alberta site--i loved the tech for quite some time and was in and out of the company shares but decided to grab it again only have 2,000 and i look to build up to 5,000 max i don't want to have too much monies sitting on hold backs. So I do have a plan a vision and a purpose way of moving but it is very unorthodox and remains so so i don't like to promise people anything such as doubling out taking monies on the run etc what i recommend conservatively as I do agree the number one thing is to conserve the principle at the soonest possibility and gamble with the rest yet I have not been doing this--again i will not mislead anyone.
Energy has always been high for me but my problem is that I also look for it not to be destructive so it is kind of love not for companies as part of what they do will negatively impact the environment and other parts will not so i try to see is the net benefit positive they are always close so i am on the fence about a company called gratomics which is going to develop from my understanding an open pit in somewhere in Africa and that is quite destructive environmentally speaking in land movement and contaminents in air and soil although the company is saying it will have excellent air control etc but that does very little for the land shifting. This company is looking to provide high quality graphites for the annodes to ev batteries. The thing is a lot of the batteries may have silicon which is highly conductive 10 times more than graphite but they also tend to deterioate really fast. I am not to well versed with lithium but it seems to last so companies are looking into cobalt improving lithium and using graphite--perhaps to get the best of all and people don't mind environmental things there is a company with a ticker elec that is one that acquires rights to minds and pays royalties i have seriously thought about some of those. The ev and electrification is a huge market and something one can benefit by having as part of their portfolio as is bitcoins something i dabbled with but quickly don't touch all that much because it produces too much carbon literally dirty money currency i may think about it again if it cleans up the sector as a whole or there are some companies that do but overall i am not for it because i don't recognize it as legal and it just got pushed onto people it is counterfeit to me as far as I am concerned but i will give you my personal opinion however despite them I will still look at things objectively and say yes they are worthwile to have and i will say this as bitcoins and block chain one should have this as much as ev--my job as someone looking at things as business is just that leaving good and bad aside so i will always tell along those lines whether i invest in companies or not just sheerly from a business point of view. I rejected some AI that jumped heavily because of having business with restaurants that provide meat. I am a vegetarian that is to the extent that i heavily restrict my investments and it will make things tough on me there are some things that I don't embrace others i do turn a blind eye to i have to--at one time I would not be happy with people losing their jobs but I have come to realize nothing is perfect and ethically i will have some or the other "blood" on my hands i try to minimize it. In any case, like i said sheerly looking from investment and sectors i will say yes it is good to have a diversified portfolio and if you are missing blockchain/crypto those are huge as are ev and electrification, mining, medical etc.
Well long again and too much of my business which I am looking to close off so these are all the reasons i want to get off the boards nothing to do with jealousy, being secretive, just more to do with keeping things more private and not coming across as either a pumper or basher while talking about things that I own. I know that stocks will be hyped and i will need that to make monies as well as reflect more the bottom line or be pushed down just as i know that all sorts of games will be played and people will get caught in them and why I had come out to give warning but no matter what this will always be there not with what i will talk about with people privately and i will go conservative with my recommendation but ultimately say you will need to figure out what works and make you happy and whatever you decide you yourself will have to take responsibility for those decisions no blame can or should go anywhere but on one's own shoulders somethings work others may not but that is all the process when we are involved with stocks.
Yes, this will be upwards of a buck in the coming year i have no doubts about it and all that i have said will come to pass. The year is still not up i will leave it at that. Time will look after all these things so i leave it up to time and as people talk quantum physics wise the universe and trust in that as well as my own intuition yeah sounds fantastical but really it does work. My portfolio by the way although it could have been way better but i will not cry about it is just now a little over $5000 worth--I have and continue want it to be worth $10k plus this year. Realistically, I have ran calculations and it leads me to between $5500 and $6500 not what i desire but speaking by trajectory. If anyone pms me I will let you know what it stands as of year's end. Next year however should this fall to any of this I see it as a double because when i run the calculations the numbers are low and there is more upside i see with what i hold especially with this and nxo as well as all the other shares that is why i simply know i don't see the down side to things that are either already pushed way too down or that may have hit near the high like axe bidding lower than .15 with a very influential Native leader who has embraced the company based on environmental calibre which is very important for Natives and they have been getting involved with lots of industry in Nova Scotia i believe with the commercial fishing huge stake 1 billion worth of ownership so I look at factors again not saying for you guys to buy in do your dd but why i have and why if this doubles up and i can grab some shares there i most likely will but it will be a trying stock as half the coming year is all about testing. Some near term excitment is that they will be breaking grounds or something in December so the stock may bump a bit and may most likely pull back a lot of stocks remember are 98 percent sentiment exro is running way too high on it so anyone looking or who holds shares there be careful just a very measured assessment and i say all that i have for the reasons given above!
glta this is a great one to hold!!!