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Bullboard - Stock Discussion Forum Anaergia Inc T.ANRG

Alternate Symbol(s):  ANRGF

Anaergia Inc. is a Canada-based company, which provides anaerobic digestion and resource recovery solutions for a cleaner, greener planet. The Company is an integrated waste-to-value platform created to eliminate a major source of greenhouse gases (GHG) by turning organic waste into renewable natural gas (RNG), clean water and natural fertilizer through the use of proprietary technologies. Its... see more

TSX:ANRG - Post Discussion

Anaergia Inc > Good to See
View:
Post by retiredcf on Aug 12, 2022 10:51am

Good to See

Growth Model Portfolio

Increase Anaergia (ANRG) by 0.5%
Trade Rationale - The valuation looks much more digestible at 22x expected earnings and 3x forward sales. While the stock has declined significantly since we initiated a position, not much has changed in terms of the fundamentals and story so we believe most of the drop is market-related. Momentum is picking up and we are comfortable averaging down here. (5iResearch)
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