Blink Charging Co (BLNK)

[mikeymgd]

They do sell it today but the revenue is really low. Product sales were 135k last quarter and that should include their home installations.

The company can adapt and can install the newest technology at all locations and at homes. The issue is valuation against old systems. BLNK has very aged equipment as far as I can tell. For that reason their fixed assets are low and the machines break down a lot with high cost in maitenance.

These are some of the arguements against a large valuation. There is a lot of competition in the space already and based on customer reviews it appears BLNK is hardly the top spot.

Though I must give credit to Frakis. With listing this on the markets, unlike the competition, it allows for huge funding in share sales. Bad for stock holders but good for BLNK management.