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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 > Take Notice!
View:
Post by tamaracktop on Oct 06, 2021 11:55am

Take Notice!

When Xebec announced the master service aggreement on July 6th, Chevron didn't mention it.
It wasn't material.

Today Chevron announced the biostream contract.
Suddenly it's material enough for Chevron to issue a press release.

Chevron's market cap is $210.3 billion.

Chevron is positioned to become a long-term customer of Xebec.

Xebec is at the day's high in the US right now on twice its average daily volume there.

I ask again, how can this development possibly be interpreted as "neutral"

It's the close that matters.
Comment by babedinkleman on Oct 06, 2021 12:01pm
This post has been removed in accordance with Community Policy
Comment by tamaracktop on Oct 06, 2021 12:06pm
Actually, you give me a break. We'll just see how this closes
Comment by babedinkleman on Oct 06, 2021 12:15pm
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Comment by tamaracktop on Oct 06, 2021 12:17pm
That's true. The last trade more than odd lots was 3000 at $2.23. It's traded  82 shares at lower prices since then. 82 shares out of 75,000
Comment by babedinkleman on Oct 06, 2021 12:24pm
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Comment by babedinkleman on Oct 06, 2021 12:27pm
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Comment by catchascatchcan on Oct 06, 2021 12:03pm
It may be neutral becuase, baring the fact that Chevron is a big fish, it does not change in a material way the order, or the cashflow.  And sadly XBC has yet to confirm the finacial implications, which we can only imagine they will not.  It's wonderful to get a deal from a branch of Chevron, but be mindful that Chevron has literally thousands of service provider agreements, and this ...more  
Comment by savyinvestor333 on Oct 06, 2021 12:25pm
Can you post the release? I can find nothing out from Chevron. Thanks
Comment by babedinkleman on Oct 06, 2021 12:28pm
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Comment by babedinkleman on Oct 06, 2021 12:35pm
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Comment by catchascatchcan on Oct 06, 2021 12:35pm
Yes, just stlight of hand by your friendly neighbourhood TT.  This is beyond baby sh*t or mouse nuts to Chevron, so much so it's absolutely laughable and disgraceful that someone would propose otherwise.  We would have moved mountains to get one of their stakeholders to even comment for the PR, but make no mistake, this is a non-event to Chevron.  I have a $5M GOA at work and am ...more  
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