Replies to post #1992 on Ballard Power Systems Inc (BLDP)

[Ecomike]

That 40% is gross margin, not net profits, and can be rigged by the accounting style.

[tykundegex]

Agreed, and the new CEO is an M&A guy so I think we'll see more strategic acquisitions in the coming months. IMO it would be nice to see more application-centric acquisitions.. have Ballard cover a deeper slice of the FC products & solution market. If their Engineering Services division were it's own company, it'd be quite profitable. Also, offering more downstream products is great for them IMO.