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Westport Fuel Systems Inc T.WPRT

Alternate Symbol(s):  WPRT

Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.


TSX:WPRT - Post by User

Bullboard Posts
Post by bugoffon Nov 20, 2009 10:23am
344 Views
Post# 16507372

Looks to me...

Looks to me...that this stock is being artificially propped up.
Wait for those golden words, "We aren't looking for any capital at this time", and there will be a financing announced within the week.
IMHO, there certainly was not enough positive news after the financials to support the stock at this level... and I doubt that the next two quarters will be any better.
Most of the people I speak to, don't expect to see the Nat Gas Act in the House or Senate before March or early summer; so that means no likely Bill (if they pass one) until next fall; by then, where will Westport's stock be?
Bullboard Posts