GREY:XEBEQ - Post by User
Comment by
Ciaoon Dec 28, 2020 8:54am
305 Views
Post# 32186704
RE:Buying or selling
RE:Buying or selling This has been up to a 10-20 bagger for some of us so far. It's hard not to take profits, that's why it's hard for people to get 10, 20 baggers (let alone the elusiive 100 bagger).
If you can ride out the sector rotation into Cleantech / ESG / De-carbonization (move away from traditional fossil fuels) with XBC you have a good chance of seeing this $1B company become a $2B company. 3 years ago XBC was a $25M company!
The current price does not take into account the cash rasied from the financing (cash/share effect; from $6.85 to $8.20 per share) and the hydrogen premium on revenues from the HyGear acquisiton (another $5 / share, taking XBC to $13.20). Then we have the Inmatec acquisiton which gives a major footprint in Europe with 8000 installs with on-site gas generation which adds additional value to the company. The TSX uplist is another catalyst for the stock.
Wait for analysts to set new target prices for XBC, I'm sure it will be in the mid-teens. XBC could be in the double digits before analysts come out with their reports.