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FormerXBC Inc XEBEQ

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.


GREY:XEBEQ - Post by User

Comment by Ciaoon Mar 26, 2022 2:31pm
146 Views
Post# 34548498

RE:RE:RE:RE:the pipe dream is done

RE:RE:RE:RE:the pipe dream is done Unlike some other companies, XBC is not trying to buy revenue growth.  They are building the company by purchasing service centers to service the products they sell, purchasing companies with complimentary tech so they can produce green (cyan) hydrogen from RNG, adding complimentary business in profitable niche areas (Gaas), etc.

Organic growth will come largely from BGX RNG system sales. Analysts need to do some homework as they should recognize that in 2021 XBC sold a lmited number of BGX systems in H1 and a trickle in H2. These were sold at zero or negative margins. Obviously if they were quoted correctly, the margins would be there and there would be a much higher revenue contribution (thus organic growth). Let's see how BGX sales are for 2022. 

As for the share price not reacting to Q4 (let's see the shorting activity that occurred to suppress teh share price, the report should be out in 2 weeks) and for the stagnant share price, where would the share price have been if there wasn't a 10M short position on the stock. Or where would the share price be if the SHORT started to cover say 8M shares.

If analysts were doing their homework they should be commenting on valuations, such as book value and how the short position has distorted the share price. If they're not aware of the short position, then they are blindly accepting the valuation that the market is assigned to the company without questioning it or investigating. I can see why they are fraught with fear now that XBC is no longer giving guidance and they may need to start thinking for themselves.

tony08 wrote:
AlwaysLong683 wrote:

 

That jump in revenue would be impressive if it was mostly organic growth, but isn't the majority of it due to acquistions? Acquisitions aren't free. You either dilute existing shareholders by issuing equity, paying cash, and/or issuing debt. Theoretically, you could boost revenues 10x in 3 years and still be a money loser, chalking up net loss after net loss.

 

You are right about that.....For the moment the increase in revenues comes mainly from these acquisitions and the margins do not follow.... But as i said in an earlier post:

You seem to forget that we are just emerging from a pandemic, that there is war in Ukraine and that the majority of acquisitions made by Xebec, as good as they are, are only a few months old.

 

I am convinced that the majority of small or medium-sized companies following major or multiple acquisitions took more than a few months to perform at sufficient levels.

 

XBC's share price closed at 1.69 on March 16.

 

XBC announced their Q4 and year-end results on March 17 before market open.

 

XBC closed Friday at 1.70.

 

Obviously, once the market had a chance to digest the results, it was not impressed with latest results.

 

The market has been influence by the way to much negative rating of analysts.....that's all.

 

 

At 1.70, XBC's share price is back to what it was in September 2019, 2 1/2 years ago.

 

So far, this thing has been a bust and I suspect lots of people have lost a lot of money on their shares. Pumpers have been dead wrong for a long time.

 

 

Xebec is not the same compagnie it was 2 1/2 years ago....
Xebec is trading below book value. 

In normal times, the market should takes into account their future potential.

Furthermore that potential is in an area (green energy) that can only grow in near future.




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