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FormerXBC Inc XEBEQ

Industrials
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

FormerXBC Inc > Surprised by the market reaction
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Comment by Gann999on Aug 12, 2022 10:02am
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Post# 34891126

RE:RE:RE:RE:RE:RE:RE:RE:Surprised by the market reaction

RE:RE:RE:RE:RE:RE:RE:RE:Surprised by the market reactionManagement has done the right thing here as much as it sucks now show us improvement and get the cash burn under control. This can still be a billion dollar company it's far from over. People throw bankruptcy around like a company is not going to fight against it bankruptcy is the least likely scenario here.
tamaracktop wrote: Track record?

Who's track record?

New management has been in place for 4 months.

And they're doing exactly what they said they would do.

At less than half this year's revenues and a fraction of book value, Xebec is an incredibly
good buy at 60 cents.




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