FormerXBC Inc XEBEQ

Some people

[tamaracktop]

No doubt some people will quite rightly point out that in all respects Greenlane's numbers are better than Xebec's.

My response is that the advantages are both marginal and historical.

These are fluid situations, snd the numbers will change quite quickly.

Once profitability is reached, the ROE and ROA numbers will change drastically.

I expect the Summit contract will ensure Xebec's profitability this year, likely to a great extent.

Furthermore, Xebec's virtually non-existant premium to book value provides tremendous downside support, an important consideration in these markets.

The diversity of Xebec's lines of business and its solid base of recurring service revenues are an added advantage that Greenlane doesn't enjoy.

Xebec reached critical mass some time ago.

At a market cap of $138 million, and being highly reliant on new contracts to acheive sustainable revenue growth, I would argue that Xebec's revenues going forward are far more predictable than Greenlane's.

Xebec announced a backlog of $123.8 million in their Q4 release.
This doesn't include the recent $143 million order.

Greenlane announced a backlog of $50.1 million.

Greenlane includes "$850 million sales pipeline" in their Q4 financial highlights.

Xebec makes no reference to their "sales pipeline" in their most recent results.

It's my personal opinion that Xebec is a far better investment.

If anyone wants to argue that I'm not entitled to an opinion, go ahead and waste your breath.

[Nohopebloke]

I think the market sees Xebec as primarily being a biogas upgrading plant provider. The lack of recent sales announcements in this area has likely contributed to the continued suppression of the stock. Last order Xebec announced was Spring/Summer 2021. Conversely, we've been seeing order after order for Greenlane systems.

[Gann999]

order after order for greenlane? Really what are you even talking about they have got like 2 contracts that I can vaguely remember in the past 6 months the most recent for 11 million and off the top of my head the other was very small as well and they bought some Italian company that added like 5 million. In that same time xebec announced the 18 unit Biostream order worth more than all greenlane

[Gann999]

imo if xebec is not worth at least 4.50 right now and the market is saying it isn't then greenlane is not worth 1 dollar right now. Which is it are we undervalued or is everything else overvalued.

[Nohopebloke]

Below are 3 biogas upgrading projects Greenlane signed SINCE Xebec announced the sale of 18 Biostreams.    https://ca.finance.yahoo.com/news/greenlane-renewables-signs-12-1-130000876.html   https://www.biofuelsdigest.com/bdigest/2022/01/09/greenlane-renewables-signs-over-5-6m-in-new-rng-contracts/   https://www.benzinga.com/pressreleases/22/04/n26864752/greenlane

[Gann999]

ok fair I left one contract out so you have 12, 11 and 7 million plus 5 added by aquisition thats 35 million total. Xebec announced the 18 unit Biostream order worth more than all those combined because it was a material contract. To suggest they have sold none since isn't fair because Xebec is not going to drop a news release saying old Mcdonald bought a Biostream unit. There are sales

[Nohopebloke]

Agreed about possible small contracts that went under the radar. We'll find out in 2 weeks.