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Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Echelon Wealth - Buy - $1.00 target
View:
Post by Dunworkin2 on Dec 23, 2021 6:02am

Echelon Wealth - Buy - $1.00 target

21 Dec. 2021
Echelon Wealth Partners
Michael Mueller CFA
7,414
BUY
$1.00
Comment by lscfa on Dec 23, 2021 8:23am
Values Aldersyde at $0.03/sh and Fort Sask. phase 1 at $0.15/sh.   
Comment by lscfa on Dec 23, 2021 10:03am
Report dated Nov 24/21.  The July report had a TP of $1.70.  There must have been another report prior to Nov 24 that reduced TP to $1.00 because analyst says little change to his current forecast. His July forecast was for revenue of $26.2 million revenue in 2023. Nov report shows $5.4 million revenue for 2023. This means analyst was aware of reduced forecast volumes at Aldersyde ...more  
Comment by lscfa on Dec 23, 2021 1:31pm
Just like McWhirter, Echelon blindly buys mgmt BS that co. will be able to sell its renewable diesel for $1.60/litre when traditional biodiesel is at $1.25/litre. Why the hell would a blender pay a 28% premium to use renewable diesel? The govt. mandated blending levels mean biodiesel works fine in winter conditions. Analyst should assume Cielo will not receive more than the biodiesel price ...more  
Comment by lscfa on Dec 26, 2021 1:11pm
Flawed analysis. Analyst assumes no additional shares will be issued despite assuming each plant can only raise 60% in project debt financing. He assumes that the 100% Cielo-owned plants (Aldersyde and Fort Sask phases 1,2,3) will cost $163 million so 40% equity financed means $65 million to be raised.   "In our analysis summarized in Exhibit 1, we have assumed project-level debt ...more  
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