Post by
alleyesonme on May 17, 2021 7:04pm
Sidoti conference
This will be the first time UGE has participated in this conference. Sidoti does research reporting and analysis with over 500 institutional clients. I think we can expect to see SIdoto initiate coverage in the near future. The momentum in analysts coverage we've seen in the last 6 months will really help get the word out. Demand for quality, socially responsible investments like this is growing amongst institutions. Selling the vision gets easier as UGE can demonstrate the economics from projects online. Binding commitments haven't been moving the SP like it was at the end of 2020. It would appear that getting projects energized is what it takes to really move the dial. Patience is key and this model is brilliant. CEO said we would discuss more in depth about the cash runway after Q1 results. Capital raises should be unnecessary based on historical cash burn and cash on hand. I am looking forward to hearing from the company on this soon. I'm also hoping they can get more projects online this year. CEO stated the bulk of the current backlog won't hit construction until 2022. Steady pace wins the race I guess.
Comment by
Kpitreal on May 19, 2021 7:50pm
Great post and thank you for the information.
Comment by
alleyesonme on May 20, 2021 9:22pm
https://youtu.be/oafu61TwUHo
Comment by
alleyesonme on May 20, 2021 9:34pm
The presentation from yesterday has been uploaded to YouTube. Nick runs through the updated investor presentation and answers questions. Be sure to check it out.
Comment by
1condor on May 21, 2021 12:25pm
Looks like a pop in price due to the conference? Not convinced it can hold onto the gains in the very short term.
Comment by
alleyesonme on May 21, 2021 1:54pm
Yeah maybee eh? ... bulk of that pop was Morgan Stanley. Should have Q1 by next week's end, management says.