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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Comment by Newtrader1982on May 13, 2021 9:25pm
192 Views
Post# 33200987

RE:RE:RE:Beacon Securities Update

RE:RE:RE:Beacon Securities UpdateStrange indeed here come a new round of downgrades so they can kick xbc when it's down and buy up cheap shares. Wonder what their target for grn is with half the revenues.
newcoin wrote: Strange, because he still says guidance is achievable:

The company reiterated its guidance for FY21E which called for total revenues of $110-$130 million and EBITDA margin in the range of 3%-4% (implying EBITDA in the range of $3.3-$5.2 million). Given Q1/FY21 performance, we believe the middlerange of XBC’s revenue guidance is achievable based on the following assumptions: 1) Cleantech (ex. HyGear) revenues to pick-up back to $9-$10 million range as Q1/FY21 performance was relatively in-line with our expectations 2) HyGear’s revenue to pickup in 2H/FY21E to reflect CAGR of 10% over FY19 reported figures on run-rate basis (we admit the bar might be set too high here) 3) Cleantech’s segment revenues to achieve ~10% organic growth (+ the inclusion of Nortec mostly in 2H/FY21E), with no meaningful contribution from the potential capacity expansion at Inmatec and no additional M&A.

ZouZS3 wrote:
Woww downgrade hard




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