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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 Zipolitemexicoon Oct 19, 2020 8:17am
147 Views
Post# 31737853

RE:RE:RE:RE:RE:RE:RE:2nd BOO? $42 million facility.

RE:RE:RE:RE:RE:RE:RE:2nd BOO? $42 million facility.I posted a simple question to IR. Is the commissioning of the first BOO still set for Q1? I shared that response and that they have a robust pipeline of projects. Within two years we will be talking about 12 to 15 projects in the works. The explanation was that Covid caused delays beyond what anyone had imagined. A few thoughts here; The first timeline they gave was optimistic, especially being their first project. So now we are 7 months in and they decided to play it safe and go with the 18 month turnaround. 12 months without Covid was a stretch We have had no updates on the first BOO project. No questions asked. Do we know the site location? Nope. But we heard about a second that is starting in weeks. Hmm TD started covering this stock a few weeks ago. They were thorough, reaching out to clients. They would have asked tough questions about this segment. They were positive about XBC As IR pointed out this segment will take time before it is materially significant.
tamaracktop wrote: Again, my apologies, but if you "contacted" the company and they informed you of a significant development that hasn't already already been announced to the shareholders "en masse", I find your claim incredulous. I know several shareholders who have millions in this company. None of them have heard any such thing. The stock price will tell us within a week or two.


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