GREY:XEBEQ - Post by User
Post by
tamaracktopon Mar 22, 2021 2:04pm
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Post# 32851312
Pretty Amazing
Pretty Amazing How much this stock has been punished. Ballard's full year revenues were $103 million. If Xebec'c revenues come in at $57 million, as suggested in the guidance revision, then even at only half Ballard's trailing revenue multiple, we arrive at a stock price of $17.42, notwithstanding the fact that Xebec's revenues may very well eclipse Ballard's in 2021.
Hard to say, given that Ballard didn't provide guidance:
"Consistent with the Company's practice in this early stage of hydrogen fuel cell market development and adoption, and in view of the ongoing uncertainties resulting from COVID-19, Ballard is not providing specific financial performance guidance for the coming year."