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Tecogen about to roll. I've been following it closely about six months and been in contact with company leadership. Company has been profitable four of last five quarters (except quarter of merger), product orders are trending up nicely, Emissions technology should only add capital--fork trucks 2018 and automobile 2019. Technology is considered proven. They are investing for the future and have a huge backlog. Quality leadership, ESCO relationships are expanding and bearing fruit. Margin down this quarter some due to larger proportion of chiller sales and turnkey installation (this ensures future high margin service revenue. Anticipate a nice 4th quarter as some Enverde sales slipped into 4th quarter. One frustrated investor unloaded Friday afternoon. Killed the stock due to low liquidity. Restructuring facility to meet increased demand. In the last month I have put a lot of eggs in this basket, but feel pretty good about it. Business is improving in all areas, fork and automobile emissions will only add to the equation. Maybe substantial maybe not.
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