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UGE International Ltd V.UGE

Alternate Symbol(s):  UGEIF

UGE International Ltd. develops, owns, and operates community and commercial solar generation and storage projects. The Company operates through three segments: EPC, Engineering services, and Energy generation. The EPC segment is engaged in building solar energy projects for third parties. It provides engineering and consulting services through the Engineering services segment. The Energy generation segment is engaged in the sale of electricity generated, and the sale of renewable energy credits. The Company's distributed energy solutions deliver cleaner energy to businesses and consumers. The Company has installed approximately 750 projects. The Company's solar projects include the Bertoline, Zerega Avenue, Abingdon, Staten Island Community, Sharp New Jersey Headquarters, Brinks Warehouse, Smithville, Bertoline, and Norway, among others.


TSXV:UGE - Post by User

Comment by alleyesonmeon May 05, 2022 8:31pm
230 Views
Post# 34660732

RE:RE:RE:RE:Eight Capital: Buy rating and C$2.50 target price for UGE

RE:RE:RE:RE:Eight Capital: Buy rating and C$2.50 target price for UGEThis slide is hard to watch!...fact of the matter is energy rates have skyrocketed with no sign of slowing down and revenue from the assets has risen more than enough to offset the increased input cost.....UGE's offerings are more financially attractive than ever....this price is a steal but it doesn't matter what I think the market clearly is un impressed....the question for me is when will it stabilize and once it does I'll be looking to average down significantly...I think they should sell a portion of their backlog like they've done in the past only a larger bundle of MW's to demonstrate yet again the value in preconstruction commitments.... End of 2024 we should have between 18 to 20m usd of recurring revenue off 100mw's operational assets which is at 83% gross margin presently...I'm not concerned you must look at this play with a 2025 hold minimum in mind...if you do that you will make many many multiples IMHO....also keep in mind low volume slide and the vast majority of shares are purchased between 1.40 & 2.65.....no worries guys!
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