GREY:XEBEQ - Post by User
Comment by
Mick67on Aug 13, 2021 12:42pm
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Post# 33701133
RE:Interesting Day
RE:Interesting DayI would agree that the overshoot goes both ways.
1) The company needs to get its RNG contracts profitable.
2) Path to get there - scale BGX, legacy contracts gone, lower development + integration costs.
3) Overlooking - Brian Levitt, Mike Munroe, Jim Vounassis. (operations/gov relations)
4) Profitability is solid in other segments. Not a widespread issue across company.
5) Demand outstrips supply. Demand for environmental credits exploding, also Oxygen.
Think the stock is fairly punished. Much focus on margins but the analysts (17.50), don't account for the team they have put in place to fix cost side. These are proven operation specialists at multi-billion companies. And demand is strong. Theiy now have some time at the comapny and should be able to implement change.
Experience tells me the analysts are scared to make a call. I for one am buying today.