Exro Technologies Inc T.EXRO

A Question Asked

[ace1mccoy]

You can ask any question about any stock and they will answer. may not be your expectations but they give their honest independent answer /opinion.  There is also have 3 model portfolios , balanced , dividend and growth . Currently , Exro is not in the growth model portfolio . The last question asked about EXRO was Sept 11/2023 . Exro is not exactly a high-profile stock for retail investor subscribers of the service either wise they would get peppered with all kinds of questions about Exro. Questions and answers to the multiple of stocks that subscribers of the service ask 5 days a week . Like the answers or not here's the views supplied .  
Reminder for those who don't know me I'm breaking copywrite but I'm willing to keep the Exro Stockhouse members up to date. I spend a significant amount of dollars yearly researching through services.  

GLTA

Symbol(s): Exro Technologies Inc. (EXRO)

Date: Nov 23, 2023 10:31 AM

Question: This stock hit hard today down 12%,I am down 50% in one year is this worth holding for say 6 months to a year. Today's news was on lifting a NDA ban on a deal with Brazil I think,could you give me your thoughts on this company in regards to management,products and burn rate and is it a BSH Thanks

 

Answer:

Cash flow was negative $31M last year, and negative $13M in the recent 3Q alone. The balance sheet is OK, with cash offsetting debt and leases. We would consider management competent, but the company has such a tiny revenue base it is hard to analyze. Management has gotten it to this point and revenue is expected to ramp quickly next year. It only had $2M in sales in the quarter, and lost $11M. It is going to need more capital. The technology looks fine, but we would prefer more sales just to get third-party validation. We are not experts in the field and sales go a long way in such confirmations. Any small cap needs patience, but we think buyers have lots of time here. With minimal sales and a $225M market cap, a lot is priced in. We would be comfortable exiting, with a view to reexamine on the next capital raise by the company. 

So says 5iResearch

[Danno13]

You should ask the for list of stocks in the growth fund to see how well they've done in the last 12 months.

[ace1mccoy]

Here we go .... Danno , If you were a member of the service  , you could easily pull all the information for yourself.

[QuantumTime]

Their model portfolio has had a 150% return since 2013 but S&P return is 270% since then. In terms of exiting, why buy high and sell low? I'm not sure if 5iR considered everything in the pipelene (eg. https://www.exro.com/news/exro-provides-operations-update-with-letter-to-shareholders ) and it is of course hard to put a price on upcoming contracts (KTM notwithstanding) but as long as

[ace1mccoy]

QT , thanks for looking into that .Nice to know and appreciate you're also a client of the service. That says that you're a serious experienced investor and that's all good ! As far as the answer ...I agree. I'll add In they did acknowledge they weren't as familiar in the space. As time passes, they will field more Q&As on Exro. Higher visibility all the way around.  

[Nha1985]

Yea I try not to express being too upset about the lower sp to my significant other lol I think she would cry a little bit. Even more when she finds out I'm still buying a few thousand dollars worth  each few months....eventually it will gain traction and will come back up  maybe in 2025 maybe 2026. We're in our 30s  so we have some time although I hear babies are expensive&

[TeamEddie]

they are clearly stating you may be able to buy lower, if this was in your TFSA and you sold now and bought it back under $1 they would be right, so decide if you think it is going lower

[ace1mccoy]

Danno , Hope you didn't bait me with that loaded Question   Gotta ask and curious to know how many stocks do you own? How's stock performance rating out in this macro market conditions? How's your dividend income going while dead money is sitting in Exro ?  These are Straight up questions and this is Stockhouse. btw 

[Danno13]

Ace- I'm mostly in cash.I have positions in Exro since April 2020.Recently added Interfor 10 days ago,llightspeed,Champion iron,Nvei.I use stop losses of 5%-8% from my original purchase price on all my positions and move my stop loss up if the share price goes up..I don't usually have more then 10 positions at a time.I usually keep my position for as long as I can sometimes days,weeks

[ace1mccoy]

That is Fabulous Danno ! Danno honestly to answer your question in the margin account, i have way too many to take care of . It's too much work ! I wil bring that number down to below 20 reTax loss selling . Then a full position would be 5%. Once the weighting gets too heavy at ~10% , I trim and/or take my book value off the table and let the rest run on the house's money.   

[sumpineh]

 I also use their service and have the same opinion. Straight,unbiased answers on all stocks and a regular email update on any stock from your watchlist.Good to see that you are still here Ace.

[ace1mccoy]

Great to run into you as well Sumpineh!! Noticed you posted over at Couche...left you a message. We have a great chugger in Couche Tard hitting all time highs and upgrades are  happening ... She a beauty! The Beaner , turned me onto that one! Great to see you there !!  I'm also good with the unbias service and the daily emails from 5iResearch ~ 80 watchlist stocks.  GLTA