GREY:XEBEQ - Post by User
Comment by
tamaracktopon Jan 12, 2022 7:26pm
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Post# 34310765
RE:RE:RE:RE:Plug & Fuelcell are Overvalued says JP Morgan:)
RE:RE:RE:RE:Plug & Fuelcell are Overvalued says JP Morgan:) tamaracktop wrote: "Yes. Put Ballard's EV/sales multiple on Xebec's expected sales of $200 million and you get a stock price approaching $100."
I posted that pretty much exactly a year ago.
January 14th 2021, after the close.
Xebec hit its all-time-high four days later at $11.55.
Ballard hit its high at $49.12 twelve days later.
The interesting thing is that Xebec's revenues will approach $200 million this year.