Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Another Assessment
View:
Post by retiredcf on Apr 13, 2022 3:46pm

Another Assessment

Question: How much additional value does this $113.5M contract add to XBC's current value. Given that their revenue for all of 2021 was $126M, isn't this huge? Also in what amount of time will the money be received from this contract?

It is a very nice contract, but there was already an announcement of a memorandum of understanding for such a deal, which was announced in March. A contract is more concrete than a MOU but investors did get a heads up here. The time frame was not disclosed. Sales estimates for 2022 were just under $200M, but most analysts likely had factored in some impact from the previous announcement in their forecasts. (5iResearch)

Comment by Zebec2021 on Apr 13, 2022 3:50pm