GREY:XEBEQ - Post by User
Post by
tamaracktopon Jul 15, 2021 1:50am
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Post# 33547774
Xebec is tightly coiled spring
Xebec is tightly coiled springA salmon can't migrate to spawn by swimming up Niagara Falls. All the majors in this industry have been decimated. They've reported sharp declines in revenues, and in the case of Plug, even negative revenues because of their Wal-Mart options. Xebec hasn't. Xebec reported 17% revenue growth during the height of the pandemic (we hope), and after major accounting revisions that are now in the rear-view mirror. Xebec is certainly much better positioned today than it was at it's pre-Covid high at $4.68. Just look at the trailing revenues and the balance sheet back then compared to today. Look at the accretive acquisitions Xebec has made since then. This company now has a world-wide footprint when only a few years ago it was limping along with a couple of million in revenues. Kurt is as much of a visionary today as he was back then. This isn't a company that's seen its pinnacle and is now in decline. The stock has been hit with major headwinds as multi-billion dollar companies in this space have been cut by more than half. How can anyone possibly think that Xebec's stock price could relentlessly forge ahead in the environment it's been in? That's quite simply not possible. The good news is that the environment always changes. In a small way, thanks to Xebec.