Post by
tamaracktop on Sep 30, 2020 1:21am
I have done an in depth and thorough analysis
Including the age, and net worths of the primary leaders of this company, Herein lies a risk out of left field few have likely considered . My educated guess is Kurt is about 61 years old right now.
As per his biopic, or curriculum vitae, or whatever you want to call it, he has laboured in obscurity, until now. Can you imagine his stress when he bought the division from Parker Hannefin, only to be facing bankruptcy in 2011? Yet he stayed and perservered because of his belief. His mission was to adress a serious concern he specifically referenced as the next potential Back Swan event when he gace his introduction during his year end monologue.
My guess is Kurt's net worth today is somewhere between $38.5 and $40 million. His salary at Xebec is $291,494. There is no question he loves his company, and his team. Nevertheless, when would you decide to leave and enjoy the rest of your life?
Just don't be surprised if he announces his retirement when the market cap approachec $1 billion. That may be a year ,or 2 ,or 3 from now, but he's not going to stay forever, and that would be the worst possible news I could imagine, secconded only to news of the same nature from Prahbu. We always have to consider what could possibly go wrong, particularly when things seem full steam ahead.
Those are the only 2 bad things I can imagine in the future of this company. It's not an inconceivable scenario, after all, they've just sold stock. Kurt sold $7.2 million worth. Prahbu just sold $2.7 million worth. In 2 sales.
As of today, the CFO, Louis Dufour, has no shares or options. None. We can expect the announcement of his retirement shortly. Probably by Christmas.
Louis' departure would be inconsequential. Kurt or Prahbu would be a major hit. That's why you can't overweight this stock despite how much you might believe in it. There are always unanticipated risks we have to consider.
Comment by
marketwatch9 on Sep 30, 2020 9:02am
TT, with all the contacts Kurt and Phrabu have in the sector they can easily bring on new leaders in the company.
Comment by
Ciao on Sep 30, 2020 10:17am
Talk of succession planning? In a few years XBC will have an established foothold in RNG, their foot in the door with H and carbon capture. They will be ripe to attract any energy company interested in the fight against climate change to take an equity interest in part or whole.
Comment by
Ciao on Sep 30, 2020 2:00pm
It has started, conventional energy company buys 50% interest into biogas supplier SNAM buys interest in biogas company
Comment by
Possibleidiot01 on Sep 30, 2020 6:35pm
Ciao, check you mail . PI
Comment by
ddogold on Sep 30, 2020 10:35am
Here here . No amount of sector tailwinds can compare to a company specific news release which seems way overdue . The move to the TSX is scheduled for mid October and hopefully there won’t be any delays on that front . GLTA
Comment by
ZouZS3 on Sep 30, 2020 7:26pm
I think the next 5 years will be fun for Kurk and Prabhu. They are just out there hunting and purchasing all the companies and consolidating the market. They have a huge list and they are talking about 5 acquisitions a year starting 2021. This is massive, they just can't retire now it would not make sense