GREY:XEBEQ - Post by User
Comment by
tony08on May 31, 2022 10:06am
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Post# 34719773
RE:RE:RE:RE:Contracts
RE:RE:RE:RE:Contracts ZouZS3 wrote: Very simple, it's called behavioral biases. And yes that's what makes it less risky & more attractive right now. Obviously less risk = less return.
Gann999 wrote: I really don't see how losing almost 200 million after announcing a 113 million dollar contract makes sense you are right that they screwed up investors confidence but greenlane is also not profitable and has way less to manage. Xebec will get there eventually.
ZouZS3 wrote:
It actually does makes sense! Greenlane has no debt, it's almost profitable, and it did not screw up investor's confidence.
What excites me is knowing that legacy issues will no longer be a drag soon for Xebec and at the same time, $143M contracts will very soon be counted in the quarterly results....
At the same time, I am certain that the CEO and his team have fully understood the lesson that the market gave them in the last quarter and that they will do everything to improve margins.
At the current price Xebec is a quality company, in a field of the future and is trading at an incredible bargain price.