Replies to post #3213 on Westport Fuel Systems Inc (WPRT)

[Jack_Bolander]

Now we might be seeing the light.

The "muddle along" scenario sounds a lot like a niche, which is all the NGV sector will be.

The problem for WPRT is that they cannot survive in this niche scenario. I have stated before the WPRT business model is broken, and the NGV niche was expecting rapid adoption and growth, and that is not the reality.

SLOW ORGANIC GROWTH, and in this market you need huge margins on the few units you do sell, and these margins don't exist, and unit sales rates are falling...No persistence, just reality.