FormerXBC Inc XEBEQ

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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.

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FormerXBC Inc > Alex Ruus - BNN - Don't BUY

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Comment by savyinvestor333on Oct 06, 2021 6:16pm

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RE:RE:Alex Ruus - BNN - Don't BUY

Well tis could work like the Automotive stealserships. Sell the unit at cost and hammer them on parts and service.

sumpineh wrote: I think Ruus will Rue the day he made his comments. This was good news and we should have had a better reaction. I wonder if XBC is selling their product too cheap and are not profitable.I remember years ago the joke about GM. The bad news was they lost a thousand $ on each car that they sold and the good news was that sales were the highest ever. Nonetheless,I bought more at the close. .

Possibleidiot01 wrote:
Obviously , Alex Ruus belongs to the Don't try to Catch Falling knives school of funding managers.. He will wait to getback into something he finds interesting long term.

DON'T BUY

Xebec Adsorptions Inc(XBC-X)

RNG market. Hyperbolic growth over the last 2 years. Now a disaster at 52-week lows, in freefall. Got to such a crazy valuation, it was outside the realm of possibility. Not making money, lost $30M last year. Technicals are negative. Long-term it's interesting, but don't touch it here.
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Not, owned