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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Comment by Resilience19on Jul 15, 2020 11:19am
173 Views
Post# 31270682

RE:Another write-off day

RE:Another write-off day
As you've previously indicated xbc is a two steps forward, one step back stock (and/,or sideways). This pretty much works on a 3-4 week cycle. We recently had a peak and we're now consolidating. Beyond this I agree the cash on hand will soon be put to good use. Deals under consideration pre-COVID have likely been set back, reassessed and/or renegotiated, leading to delays in announcements. So, I don't think we need to read too much in the lack of news and SP movement at this point. Things will move, positively, soon enough, after which we'll get another slower couple of weeks etc etc. In the meantime, let's simply try to enjoy the summer traditionally slower moving months, before locking down for a second C-19 wave or our long winter months. For my part, am off taking the family picnicking, before enjoying a nice cold brew late afternoon. Cheers to all and stay Zen in knowing xbc will progressively only keep going upwards, on a monthly basis, for years to come.
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