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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Plug power
View:
Post by Newtrader1982 on Jun 22, 2021 8:18am

Plug power

plug made 72 million in q1 vs 40 million q1 2020.
Comment by Ciao on Jun 22, 2021 9:02am
Loss of $61M on sales of $72M  (vs $37M loss on sales of $41M in the previous year) in Q1 makes XBC's performance look grand. XBC has a much closer path to profitability.
Comment by catchascatchcan on Jun 22, 2021 9:31am
Yes, they are finding some success in growing that top line though.  I bought 1500 PLUG at $16, and while I was not smart enough to time a sell/rebuy, I am happy holding longer term.  We are very early days with hydrogen, and the likes of PLUG and XBC have a very long run-way.  While it's fun to watch the daily/weekly/monthly stories unfolding, these are 5 year plays at a ...more  
Comment by retiredcf on Jun 22, 2021 10:01am
So one might have thought that this morning's early decline was a reaction to PLUG's earnings except for the fact that PLUG is now up almost 3% on volume of 15M! GLTA
Comment by Newtrader1982 on Jun 22, 2021 12:05pm
and plug is up 13 percent now.
Comment by catchascatchcan on Jun 22, 2021 12:21pm
You're seeing value given to their sales increase.  XBC needs to take a page from their playbook ASAP.  Profitability is very nice indeed, but the market can see past immediate loses on growing sales for a time, as long as those sales keep growing.  Being highly profitable on small stagnant numbers is not a recipe for success.  The playbook is as old as time - grow the top ...more  
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