Post by
kingscorpion on Nov 09, 2021 10:02am
Future contracts
Now that Bidens infrastructure plan has been approved CVX could expect new contracts to come or win some of those contracts sitting on the bidding side Everytime a contract comes can move this stock depending on how big the contract is Anything around $10 mil could move the share price up to a .10c If we get similar big contract that we currently have in the $25 mil zone then expect a move in the share price anywhere from .10c to .22c or more. So since the light at the end of the tunnel is at hand Worrying about a penny up or penny down when purchasing is pointless All this current price are still excellent points of entry People don't realize $91 mil in contracts and $450 mil in the bidding pipeline has intrinsic values because at the worst it is 2 years worth of revenues If CVX decides to split the contracts at hand into 2 years or if CVX sees contracts coming in more rapidly then it can ramp up and get well above $40 mil in revenues done for the year Restrictions are easing and this means contracts at hand will be done with no more delays BUY TODAY FOR TOMORROW WHILE THEIRS BLOOD ON THE STREET