FormerXBC Inc XEBEQ

I have done an in depth and thorough analysis

[tamaracktop]

Including the age, and net worths of the primary leaders of this company, Herein lies a risk out of left field few have likely considered . My educated guess is Kurt is about 61 years old right now. 
   As per his biopic, or curriculum vitae, or whatever you want to call it, he has laboured in obscurity, until now. Can you imagine his stress when he bought the division from Parker Hannefin, only to be facing bankruptcy in 2011? Yet he stayed and perservered because of his belief. His mission was to adress a serious concern he specifically referenced as the next potential Back Swan event when he gace his introduction during his year end monologue.
   My guess is Kurt's net worth today is somewhere between $38.5 and $40 million. His salary at Xebec is $291,494. There is no question he loves his company, and his team. Nevertheless, when would you decide to leave and enjoy the rest of your life?
    Just don't be surprised if he announces his retirement when the market cap approachec $1 billion. That may be a year ,or 2 ,or 3 from now, but he's not going to stay forever, and that would be the worst possible news I could imagine, secconded  only to news of the same nature from Prahbu. We always have to consider what could possibly go wrong, particularly when things seem full steam ahead. 
    Those are the only 2 bad things I can imagine in the future of this company. It's not an inconceivable scenario, after all, they've just sold stock. Kurt sold $7.2 million worth. Prahbu just sold $2.7 million worth. In 2 sales.
      As of today, the CFO, Louis Dufour, has no shares or options. None. We can expect the announcement of his retirement shortly. Probably by Christmas.
     Louis' departure would be inconsequential. Kurt or Prahbu would be a major hit. That's why you can't overweight this stock despite how much you might believe in it. There are always unanticipated risks we have to consider.

[marketwatch9]

TT, with all the contacts Kurt and Phrabu have in the sector they can easily bring on new leaders in the company.

[Ciao]

Talk of succession planning? In a few years XBC will have an established foothold in RNG, their foot in the door with H and carbon capture.  They will be ripe to attract any energy company interested in the fight against climate change to take an equity interest in part or whole.

[Ciao]

It has started, conventional energy company buys 50% interest into biogas supplier SNAM buys interest in biogas company

[Possibleidiot01]

Ciao, check you mail . PI

[Mick67]

First of all nice to see TT engage back on the board. Hope to see this continue. WHile most of your posts I completely agree with I believe Kurt and Phrabu are on the cusp of taking this company to another level supported by the tailwinds of climate change being address globally. WIth that i think they are as engaged as ever and prepared to see this through for many more years while new leaders

[ddogold]

Here here . No amount of sector tailwinds can compare to a company specific news release which seems way overdue . The move to the TSX is scheduled for mid October and hopefully there won’t be any delays on that front . GLTA 

[ZouZS3]

According to Raymond Jaymes DEC 2019 report. "From our conversations with management, we understand these companies are typically run by individuals who are nearing retirement and are thus motivated to sell. These businesses typically come at transaction multiples between 4-6x adj. EV/EBITDA (or 0.5x revenues) suggesting meaningful accretion relative to the companys 2020 and 2021 multiples of

[ZouZS3]

I think the next 5 years will be fun for Kurk and Prabhu. They are just out there hunting and purchasing all the companies and consolidating the market. They have a huge list and they are talking about 5 acquisitions a year starting 2021. This is massive, they just can't retire now it would not make sense

[GGreen]

I've been quiet for some time but feel compelled to address some inaccuracies. I'd suggest including a review on the AGM mgmt info circular as part of any "in depth and thorough review". #1 In 2018 & 2019 the CEO's salary & bonus was just over $500k (page 21) which is very good (and well deserved in Kurt's case) but above avg for a TXS.V listed company. The

[tamaracktop]

Thank you for your advice, but I am well aware that a review of the AGM management information circular would be part of a thorough analysis, as I said I did. In fact I did a very thorough analysis.    With all due respect, I must correct you. Louis Dufour has no options.  He excercised them to offer 100,000 shares as part of the insider block attached to the issue that closed June

[ZouZS3]