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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

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FormerXBC Inc > why gross margin is so low? 10%?

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Post by mingzhu on May 12, 2022 4:11pm

why gross margin is so low? 10%?

no matter how much revenue it can have, such low margin will keeps Co. losing money.

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Comment by Gann999 on May 12, 2022 4:18pm

Legacy contracts with them stripped out it's 17 percent still much lower than q4 and lower more from q3. Legacy will continue to impact the company for another 7 months tack on another 6 months in case they are lying again.

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Comment by mingzhu on May 12, 2022 5:33pm

GRN just reported gross margin 25%, it is still loss of $ 2m[. I am wondering which one i should buy. quote=Gann999]Legacy contracts with them stripped out it's 17 percent still much lower than q4 and lower more from q3. Legacy will continue to impact the company for another 7 months tack on another 6 months in case they are lying again. [/quote]

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Comment by Gann999 on May 12, 2022 6:06pm

Do what you feel is right my friend I won't push you one way or the other I have been wrong for a year and a half good luck whatever you choose [/quote]

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Comment by SNgu8000 on May 12, 2022 6:22pm

Gann999 wrote " I have been wrong for year and half ...... " ................. You are STILL GOOD Bro . I HAVE BEEN WRONG MOST MY LIFE and STILL hold all XBC - F..... ed !

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Comment by SNgu8000 on May 12, 2022 6:27pm

And GRN . NOW IS TIME TO LOOOOOOONG GOLD and SLVER to cover XBC and GRN . If GOLD " cup and handle " break out to $2100 then FFFFFFFFFFF......... ALL .

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Comment by Gann999 on May 12, 2022 6:39pm

But you literally just said you wrong your whole life. Fc k it I am buying gold and silver yolo

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Comment by Gann999 on May 12, 2022 6:37pm

It happens man I am taking a beating as well you not alone

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Comment by ZouZS3 on May 12, 2022 6:43pm

The moment you realize you're a bozo for holding this over the past year and a half. Had plenty of time. Should have sold at 11, 10, 9, 8, 7, 6, 5, even 4 loll and get it over with. When I look back I would have been pretty happy with my profits. I remember feeling invincible against the market. Sure thing is I will never turn down a 500%+ return in a very short period of time again in my life ...more

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