Comment by
tamaracktop on Jun 17, 2021 2:15pm
Right now its trading at 5.4 times the mid range of guidance. RJ sees 2022 revenues of $153 million?
Comment by
tamaracktop on Jun 17, 2021 2:34pm
That doesn't make a whole lot of sense to me. In other words they don't expect any multiple expansion towards the industry average over the next year, and if Xebec wasn't in the penalty box their target would be $11.00.
Comment by
tamaracktop on Jun 17, 2021 2:55pm
Why should Xebec be any more penalized by their peers anyway. Their peers have disappointed as much if not more! FuelCell numbers were a disaster, Plug had negative revenues, and Ballard's annual revenues were down double digits. Xebec's were up 17%. ( going from memory). This guy's argument is seriously inherently flawed.