GREY:XEBEQ - Post by User
Comment by
newcoinon Jun 03, 2021 7:59pm
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Post# 33326951
RE:RE:RE:RE:RE:RE:Jason del Vicario on BNN today
RE:RE:RE:RE:RE:RE:Jason del Vicario on BNN today I think Ciao has the best answer to JDV. Ciao wrote: A lot of his comments should be taken into context with industry comparables and company specific issues.
PLUG / BLDP are not cash flow positive. BLDP has a much longer history of not being cash flow positive than XBC.
PLUG / BLDP have also had multiple share offerings over the past few years.
XBC has admitted that they have incurred costs to build a global business, increasing staff, costs related to activities for acquisitions, etc. Their negative cash flow relative to rev is much better than that of BLDP. If XBC did not have the pricing fiasco on their RNG business, their cash flow would look even better.
XBC is well diversified, their service center R&M business, onsite industrial gas / medical oxygen business have not benefited from large scale subsidiies from governments compared to what is being discussed for clean energy.
Lastly you won't attract top level managers and board members unless they believed in the viability of the company and or the business sector they are in. Climate change initiatives and the need for clean energy won't go away, the need will only accelerate. This is not a cannabis / Bitcoin / shroom play.
HonestAl wrote: I agree retiredcf. He also made it sound as though XBC is the only company on the planet who may be receiving govermment subsidies. And as much as I Iove my oil, his thinking that a government may come along and undo the renewable momentum....not gonna happen. That would have been Trump and that boat has sailed.