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What an end to the week, and start to they year!
And Monday should have some decent volume..
My Number One Stock For 2020: Xebec Adsorption
https://seekingalpha.com/article/4315168-number-one-stock-for-2020-xebec-adsorption
A nice article from Seeking Alpha.
The Biogas Value West conference is approaching and XBC is co-located in a booth with FortisBC.
The perfect storm may be brewing.
Looking forward to next week!
GLTA & JMO
Nice day!
New high tomorrow?
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Looks like she wants to run early in 2020.
Taking a quick breather before the next leg.
GLTA & JMO
Definitely revving the engines at the starting blocks. New coverage from RaymondJames just came out with a PT of $3.20
Should be a great new decade for XBC and climate policy.
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I see that too. Tightening.. and RSI is reset.
Deal closed with full over-allotment. Acquisition completed. New tenders won. This is a horse that is antsy to get out of the blocks.
And when she runs she will be glorious.
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They usually ease up on dilution at year end. Hopefully they don’t crater this one too early in 2020.
I smell a reverse split before it moves.
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Canadian markets are closed today.
Whatever you say..
If Mantra had anything of value GE would have figured out a way to realize the upside.
I mean really..
Dr. Who? Some people never learn.
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Why is that even news?
Seems a bit fluffy.
Not a great sign.
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The top is going to blow off this chart very soon.
Likely after the deal closes.
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The Nasdaq wont touch this stock with a 10 foot pole.
Lets stop perpetuating nonsense.
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They will never uplist. Its all BS. They dont qualify in any way. Do the research.
They keep the pipe-dream alive for those who turn a blind eye to reality. A few IQ points would serve shareholders well.
This has been a disaster since Larry started down a path of hype and swipe.
Greatest market bull run in history and we are talking about a 2cent stock with $300 in volume.
I mean really..
GLTA & JMO
I imagine right after the bought deal closes we will be in a new range.
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Yes. The chart is a thing of beauty.
And the next stage of growth is going to make the stock go parabolic.
ESG and Green Bonds are just waiting to pour in.
GLTA & JMO
More detail:
M Partner analyst:
It is an all-cash transaction for US$3.3M (C$4.4M). In 2019 CDA generated US$6.5M (C$8.6M) in revenues and US$670K (C$880K) in EBITDA, implying a 5x multiple. It also has excess working capital of US$1.7M. Xebec financed the acquisition through its available support from Export Development Canada.
Looks like another high value deal for XBC.
GLTA & JMO
Xebec Acquires California-Based Air and Gas Service Company
Next step in Xebec’s acquisition strategy to provide North American service for its Cleantech Systems and Installations
MONTREAL, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of clean energy solutions is pleased to announce that Xebec Holding USA Inc, a wholly-owned subsidiary of Xebec Adsorption Inc., has entered into an agreement and effective December 10th, 2019, to acquire through a cash purchase all of the outstanding securities of CDA Systems LLC (“CDA”). CDA’s principals will remain with CDA after the acquisition to optimize their integration into Xebec’s industrial service and grow the business over the coming years.
CDA Systems is a leading distributor and service provider of Oil-Free Air Compressors, Air Dryers, and Filtration Systems in California’s San Francisco Bay Area. CDA designs, sells, rents, and maintains Clean Dry Air systems and, with decades of industry experience under their belt, have supported major manufacturers with numerous equipment installations. These have included value engineered solutions supporting compression, dehydration, CNG, and other specialty gases, with a goal of achieving energy cost savings and utility rebates.
This acquisition follows on the recent news that Xebec has signed a Letter of Intent with Maas Energy Works to provide four small-scale, containerized biogas upgrading units in California. These BiostreamTM units will support the production of renewable natural gas from biogas streams generated from animal waste on small dairy farms located throughout California.
“The CDA purchase continues Xebec’s strategic journey to provide local, customer-centric service, support and operations capabilities for our cleantech and renewable gas segment. This is a critical component to our value proposition, and a key advantage to choosing Xebec for biogas upgrading projects. To be worry-free is important to customers and knowing that experienced local service and support is available delivers that peace of mind.”
– Kurt Sorschak, President and CEO, Xebec Adsorption Inc.
Xebec’s industrial service and products segment has long been a solid contributor to the overall growth and profitability of the company, generating a significant amount of recurring revenue through the sale of parts and services. With the addition of Service Centers throughout North America, Xebec aims to become the leading renewable gas systems service and support provider, offering the unique service advantage of local support for nation-wide biogas to renewable natural gas projects.
Related links:
https://www.xebecinc.com/investor-press-releases-details.php?id=312
https://www.xebecinc.com
http://www.cdasystems.com/
For more information:
Brandon Chow, Investor Relations Specialist, Xebec Adsorption Inc
(647) 990-3639
bchow@xebecinc.com
About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. Xebec has two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe and Asia. Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.
About CDA Systems LLC
CDA Systems is a leading distributor of Oil-Free Air Compressors, Air Dryers, and Filtration Systems in the California’s San Francisco Bay Area. They design, sell, rent, and maintain Clean Dry Air systems as well as Process Vacuum, POU Filtration, and Instrumentation & Automation related to critical air processes. The Industry sectors served include Pharmaceutical, Microelectronics, Refinery, Food & Beverage, R&D and Manufacturing.
Oh yes.
$$ being put in motion. Capital motion.
GLTA & JMO
News: Xebec Acquires California-Based Air and Gas Service Company
More to follow.
It might. It might also go up.
Great thing is we will see tomorrow. :)
GLTA & JMO
Bought Deal at $2.10 via Desjardins.
Gross proceeds of ~$20M should set them up nicely for the future. And there is plenty of future news pending.
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HALTED. Pending News..
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TOP PICK on BNN today.
Looks like we are getting more and more attention.
"Takeout target" was the key phrase.
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This one will put in a new low before it puts in a new high.
Unfortunately I expect a reverse split to happen ahead of more financing. The company is using its equity as a currency. Not a great omen for the shorter term future.
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Looks like I underestimated.
"The analyst estimates that the five orders will add a total of $15 million to Xebec’s backlog, now totalling about $86 million."
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“Transformative”: Xebec Adsorption gets new $3.20 price target at M Partners
DECEMBER 5, 2019 BY NICK WADDELL
Xebec Adsorption (Xebec Adsorption Stock Quote, Chart, News TSXV:XBC) has just announced a deal that M Partners analyst Andrew Hood calls “transformative” for the cleantech company.
In an update to clients on Thursday, Hood reiterated his “Buy” rating and lifted his target price from $2.80 to $3.20 per share.
Montreal-based Xebec, which provides gas generation, purification and filtration solutions, on Thursday announced a letter of intent with Maas Energy Works, a maker of manure digesting facilities, for five renewable natural gas systems, four of which will use Xebec’s innovative small-scale containerized Biostream upgrading solution.
The deal will see Xebec supply dairy farmers with an initial four Biostream container systems, a new product offering by Xebec, with renewable gas injected into the California gas grid, “significantly reducing the State’s carbon footprint while providing a substantial revenue stream for the farmers who proudly support climate change action,” according to the Xebec press release.
Hood says that the introduction of the Biostream upgrading system will allow Xebec to compete with membrane technologies for small-scale projects whereas the company has traditionally focused on medium-sized projects. The analyst estimates that the five orders will add a total of $15 million to Xebec’s backlog, now totalling about $86 million.
“This LOI represents Xebec’s entry into the California dairy market, which is the source of a significant chunk of the state’s emissions. The smaller-scale systems are ideal for farmers and enable them to reduce emissions and generate revenues by injecting the RNG into the gas grid,” writes Hood. “We are also optimistic this LOI could lead to a longer-term relationship with Maas Energy Works, which is one of two major developers for RNG sites in California (alongside CalBio).”
Hood calls Xebec’s RNG systems the most reliable, low-cost performance for upgrading biogas and says that Xebec continues to generate new avenues for growth which come in tandem with the “massive opportunity” that the company has in existing segments.
The analyst points to government support for reducing greenhouse gases as contributing to the worldwide investment in RNG infrastructure, with the market for equipment sales in Xebec’s target markets (Canada, the United States, France and Italy) being over $6 billion.
In addition, Hood says hydrogen purification is a potential long-term growth area for Xebec.
“Xebec has exposure to important long-term growth opportunities in hydrogen purification for fuel cell electric vehicles and Power-to-Gas storage. These segments provide solutions for the future, and Power-to-Gas enables monetization of renewable electricity as well by providing storage of excess supply. In comparison to lithium-ion batteries, Power-to-Gas could provide a much cheaper, more flexible option,” Hood writes.
The analyst thinks Xebec will generate fiscal 2019 revenue and EBITDA of $48 million and $5.7 million, respectively, and fiscal 2020 revenue and EBITDA of $98 million and $13.7 million, respectively. His $3.20 target represented a projected 12-month return of 41.0 per cent at the time of publication.
Xebec’s share price has been climbing over 2019, having now risen 219 per cent year-to-date.
Yes. Great piece today. More news on the way in my estimation.
These kinds of deals are indicative of an expanding pipeline and these companies want to get pin down delivery dates before additional XBC projects are confirmed.
We should see a break into the $2.50's once anallyst coverage and targets get updated.
I am going to guess this deal is worth north of $5M USD, plus maintenance & support.
GLTA & JMO
Xebec Enters California Dairy RNG Market with Maas Energy Works
December 05, 2019
- Marks the launch of Xebec’s Biostream™ systems -
MONTREAL, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today that it signed a letter of intent on December 4th, 2019, with Maas Energy Works (“MEW”) for five Renewable Natural Gas (RNG) systems. Four of these systems will use Xebec’s innovative small-scale containerized Biostream™ upgrading solution.
The Biostream units are fully containerized and automated systems with a 62 to 280 SCFM (100 to 450 NCMH) capacity to convert biogas into 98+% pure biomethane, with 99+% methane recovery. The system is flexible and reliable with a 40 to 100% turn-down. One of the system options includes an integrated CNG Fuel Dispenser.
Maas Energy Works was looking for a solution that would support the production of renewable natural gas from biogas streams generated from animal waste on small dairy farms located throughout California. They discovered this innovative, affordable solution developed by Xebec that meets the needs of farmers while adhering to the strict California “Rule 30” specifications for the Low Carbon Fuel Standard (LCFS) program to reduce greenhouse gas (GHG) emissions.
Xebec will supply dairy farmers with an initial four (4) Biostream™ container systems, each with a 280 SCFM capacity. With additional included options, they could produce more than 80 million standard cubic feet (SCF) of pure biomethane annually. This renewable natural gas will be injected into the California gas grid, significantly reducing the State’s carbon footprint while providing a substantial revenue stream for the farmers who proudly support climate change action.
As part of the LOI, Xebec will also supply another, more substantial unit with a 1500 SCFM capacity for a site located in the Western region of the United States.
Project delivery dates are throughout 2020.
Quotes:
“Maas Energy Works has completed a detailed Technical and Commercial evaluation of different biogas upgrading technologies for our customers in California and found that Xebec’s unique BGX Biostream™ is a perfect fit for our farmers’ requirements to purify small biogas flows using one of the most cost-effective, compact solutions in the industry today.”
- Daryl Maas, President, Maas Energy Works
“Almost ten years ago, we began a clean energy journey in California with a demonstration plant that would successfully test our biogas upgrading solutions against the newly formed “Rule 30” specifications. With the fight against climate change dramatically escalating, we have been innovating ever since. I’m pleased that we can act now with technology solutions and the experience to answer many different needs for decarbonizing our future.”
- Dr. Prabhu Rao, COO, Xebec Adsorption Inc.
Related Links:
https://www.xebecinc.com/
https://www.maasenergy.com/
For more information:
Xebec Adsorption Inc.
Brandon Chow, Investor Relations Specialist
+1 450.979.8700 ext 5762 bchow@xebecinc.com
Antonio Saavedra, Director, Sales and Business Development
+1 604.362.7297 asaavedra@xebecinc.com
About Xebec Adsorption Inc.
Xebec is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Well-positioned in the energy transition space with proprietary technologies that transform raw gases into clean sources of renewable energy, Xebec’s 1500+ customers range from small to multi-national corporations, governments and municipalities looking to reduce their carbon footprints. Headquartered in Montral, Quebec, Canada, Xebec has several Sales and Support offices in North America and Europe, as well as two manufacturing facilities in Montral and Shanghai. Xebec trades on the TSX Venture Exchange under the symbol XBC and the OTCQX Exchange under the symbol XEBEF. For more information, www.xebecinc.com.
With barely any volume the point spread will widen more and then the BID will get taken out.
Flipping pennies is fun stuff.
Mostly for the uneducated.
GLTA & JMO
Shakeout. Just like the other times. Needed to remove the clutter before heading back up.
Classic gap fill too. Great volume and churn.
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Lol.
Once a sham always a sham.
More pain on the way.
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Another nice day so far. Fresh new high and good volume. So much strength. Shes going parabolic soon.
Even the warrants are gapping up.
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The real rub will be when they issue a billion shares for the property in Africa to close the deal.
Hopefully not but there will be dilution for a while.
I like the company but there will be more pain before things get better.
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Shes got legs. And shes gonna be running well into 2020.
Likely taken out once MC gets over 500M.
And the news is just piling up..
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How many beers are we on now?
3 Beers? 3 Cheers?
3 R/S
LOL
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More dilution..
Not a great sign. They may eventually have to RS this one. Or raise the AS.
GLTA & JMO
Its going to be THE major player in the RNG / Hydrogen refining market. They are becoming more vertically integrated and have many channels to drive revenue.
Plus the market is PRIME for these kinds of ESG companies that investors can feel good about, and demanding to have in their portfolio.
This time next year we will be in an entirely different capital arena.
GLTA & JMO
Nice! My targets are considerably north of yours. We can all agree that this one is a winner and will be a darling for many many months if not years.
I think $3 by early next year.
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*gasp!*
Better late than never! Oh wait..
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And into the blackhole SGSI goes..
I feel sorry for every shareholder who was sucked into this vortex by Larry and the gang of misfits who followed.
Hopefully insiders get what they deserve.
GLTA & JMO