FuelCell Energy Inc (FCEL)

[Babubd]

Wondering a possible hostile takeover bid or reverse merger offer from ExxonMobile??? This gonna happen guys! Mark my words!!

Heading to 52-wk high 14 USD per share.

In the third quarter of fiscal 2019:

- Total revenues increased 88% to $22.7 million in the quarter when compared to the third quarter of fiscal 2018 driven by the ExxonMobil license agreement and an increase in Generation revenues related to the Bridgeport Fuel Cell Project.

- Unrestricted cash and cash equivalents totaled $16.0 million as of July 31, 2019 compared to $14.9 million as of April 30, 2019. Cash and cash equivalents, including restricted cash, totaled $45.8 million at July 31, 2019, a decrease of $7.2 million when compared with April 30, 2019.

- Hercules senior secured debt totaled $7.4 million at the end of the third quarter of fiscal 2019, a decrease of $16.4 million when compared with the end of the second quarter of fiscal 2019.

- Backlog and project awards totaled $2.1 billion at the end of the third quarter of fiscal 2019, compared to $1.9 billion at the end of the third quarter of fiscal 2018.

*** Awaiting huge new deals and contracts info from European and Asian markets***

FCEL is simply beautiful!!