Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

UGE International Ltd V.UGE

Alternate Symbol(s):  UGEIF

UGE International Ltd. develops, owns, and operates community and commercial solar generation and storage projects. The Company operates through three segments: EPC, Engineering services, and Energy generation. The EPC segment is engaged in building solar energy projects for third parties. It provides engineering and consulting services through the Engineering services segment. The Energy generation segment is engaged in the sale of electricity generated, and the sale of renewable energy credits. The Company's distributed energy solutions deliver cleaner energy to businesses and consumers. The Company has installed approximately 750 projects. The Company's solar projects include the Bertoline, Zerega Avenue, Abingdon, Staten Island Community, Sharp New Jersey Headquarters, Brinks Warehouse, Smithville, Bertoline, and Norway, among others.


TSXV:UGE - Post by User

Comment by BCdudeon Oct 13, 2021 2:21pm
155 Views
Post# 34002081

RE:DOE target/email from CEO...

RE:DOE target/email from CEO...Hi Alleyesonme,

No idea what could be happening, but hopefully it's a good surprise and not a bad one. Hard to imagine how they could acquire a company (they have negative free cash flow for the foreseeable future), and I hope they are not acquired for reasons already mentioned. What I would love is for them to focus on building out their backlog. If they can do THAT, opportunities will come their way in due time, including possible acquisitions.

Cheers, BCD

alleyesonme wrote: If you are on the mailing list for investor updates you would of received a email from Nick with commentary about the recent DOE goal to increase community solar 7 or 8X by 2024...having a new CFO and three board members replaced has me very curious about what's happening behind the scenes. I have no idea but I can't help but think there was significant differences on the board and with the CFO. I noticed on the new website they say they will partner or buy development stage projects. They must be discussing project sales or capital raises maybee even mergers or acquisitions?!?.time will tell...what do you guys think?


<< Previous
Bullboard Posts
Next >>