Followers | 23 |
Posts | 8529 |
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Alias Born | 08/17/2015 |
Saturday, August 05, 2017 2:43:39 PM
Remember the 30% growth rates, then 20%, then 11%, NOW 6% ??
That is not a healthy trend nor is it stable.
Fewer new stations
Fewer compressors
A 25% drop in revenues !!!
And the growth rate at WPRT is slowing as well.
The "true Believers" have already bought their NGV's, and now WPRT and CLNE have to sell to the skeptical realistic market, who aren't buying ...for the same reason you don't own an NGV;
it is too inconvenient and not worth the trouble.
UPS already has their token NGV's like a good corporate citizen. We see the handful of NGV's, and ignore their 100,000+ conventional vehicles which still pollute up a storm. I'm not so easily fooled.
Your dream of seeing 1 in 10 long-haul trucks on the highway using CNG, is over. CLNE's quarterly earnings/vital signs show a trickle of business and a small niche. The game is over, and this quarters' numbers signal the beginning of the end.
A school bus here and a garbage truck there is all that we will see from now on, because cities and metros don't care about the bottom lines like real trucking companies do.
Recent CLNE News
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