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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 > Worse than sad
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Post by tamaracktop on May 17, 2022 1:35pm

Worse than sad

It's far worse than sad when you're hoping for a close over a buck. It's actually pathetic. I've been 100% wrong on this stock for 15 months now, with no relief. I've inadvertently hurt alot of people, including close friends. I still don't see how management can't take remedial action, no matter how painful in the short-term. Unless their intentions are to purposely blow this up. That wouldn't look great on their resumes. It would be a business-class example of incompetence. A real-life example of The Peter Principle. Feeling very damaged.
Comment by tony08 on May 17, 2022 2:07pm
That's why you're not part of the management team.....They know what to do, just give them time.
Comment by Ottery on May 17, 2022 2:10pm
Given up at this point or just figure its a show me story for the next year.  Assuming margins come up and revenue keeps growing this company has a lot of value. But that's an 'IF'
Comment by Kronyboy on May 17, 2022 3:16pm
amusing side-note, I thought this was whognu1... look what's become of us Ottery... we've become SEASONED by the burn.   
Comment by Kipperly on May 17, 2022 2:24pm
Your posts to this site have been some of the best so hope you can hang in there and continue to post. I've bought way too much of this stock but still have hope that in a few years the market will see it as worth way more than a buck.  BMO commented that if they can provide solid execution it has the potential for $4.  The markets are screwed up right now with inflation, war and ...more  
Comment by tony08 on May 17, 2022 2:57pm
I don't think as soon as next quarter margins will be very much improve because the $143M contract revenues still wont be accounted for in Q2 results contrary to the legacy contract that will still make their weight felt
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