GREY:XEBEQ - Post by User
Post by
AnthonyGuilberton Mar 13, 2021 10:02am
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Post# 32792499
XBC vs GRN
XBC vs GRN Hi all,
I've been always bullish on both companies but after the NR yesterday I had to redo the research and came to the following:
XBC
Met the revenue guidance? No
Q4 EBITDA: most likely negative
PE ratio: 122
Location: Quebec (badly hit by COVID-19 but was not in lockdown during Q4. Now, it's in lockdown with a curfew from 8 pm which will negatively impact Q1 results of 2021)
GRN
Met the revenue guidance? Yes
Q4 EBITDA: positive
PE ratio: 62
Location: British Columbia (the company is running its operations without travel ban or curfew)
I've been in both since they were being traded at the venture market and I have to say that the graduation to the TSX took XBC decades to make it to the big leagues unlike GRN which made it in less than two years. The PE ratio shows an over-valuation of XBC compared to GRN.
We're all here to make money so we shouldn't let our emotions guide us. I'm thinking of investing in my highest conviction company which lately has been GRN in the renewables sector. I'd love to hear the counter argument to make sure I'm not making any emotional decisions.