GREY:XEBEQ - Post by User
Post by
Winston1on Nov 07, 2021 9:51am
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Post# 34097206
3 huge catalysts for XBC next week that could take us to $5
3 huge catalysts for XBC next week that could take us to $5The first big catalyst, as everyone knows, is that the infrastructure bill was passed including $9.5 billion in funding for Hydrogen, so we will see a very big rally in this sector next week on that alone.
The second big catalyst is the conclusion of COP26 on Friday where the new aggressive global climate targets will be finalized. That will surely give this sector a big bump up.
The third catalyst is Q3 revenues that will be released on Thursday. Of course, this one is the biggest wildcard of the three. The earnings could be good, bad, or anything in between, so we'll have to wait and see on that one, although I believe it will be an improvement over Q2 numbers. Xebec won't be profitable, likely won't even have positive EBIDTA, but I'm expecting $35 million in revenue and about negative 1 million EBIDTA. The market reaction may be muted, or slightly positive. If they surprise us all with positive EBIDTA the market will go wild and reward the share price accordingly.