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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 > Alex Ruus - BNN - Don't BUY
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Post by Possibleidiot01 on Oct 06, 2021 4:49pm

Alex Ruus - BNN - Don't BUY

Obviously , Alex Ruus belongs to the Don't try to Catch Falling knives school of funding managers.. He will wait to getback into something he finds interesting long term.



DON'T BUY
RNG market. Hyperbolic growth over the last 2 years. Now a disaster at 52-week lows, in freefall. Got to such a crazy valuation, it was outside the realm of possibility. Not making money, lost $30M last year. Technicals are negative. Long-term it's interesting, but don't touch it here.
0
$0.000
Not, owned
Comment by sumpineh on Oct 06, 2021 5:13pm
I think Ruus will Rue the day he made his comments. This was good news and we should have had a better reaction. I wonder if XBC is selling their product too cheap and are not profitable.I remember years ago the joke about GM. The bad news was they lost a thousand $ on each car that they sold and the good news was that sales were the highest ever. Nonetheless,I bought more at the close. .
Comment by savyinvestor333 on Oct 06, 2021 6:16pm
Well tis could work like the Automotive stealserships. Sell the unit at cost and hammer them on parts and service.
Comment by HonestAl on Oct 07, 2021 2:50pm
Alex Ruus ought to spell a company's name correct.  It is ADSORPTION, THERE IS NO "S" AT THE END.  I wonder if he spelled his own name correctly......maybe it RUSS and not RUUS??