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bajista

05/05/17 8:10 AM

#6003 RE: bajista #6002

Not a lot of questions on the call. here's my take on it:

They retired a lot of debt, obviously a good thing, but that and the BP sale are what account for the earnings beat. Strip that out and they lost money. They missed on revenue and margins were down.

If they can't be a profitable operation without those kinds of events or without a tax credit, it's not a good thing.

They are still waiting for the Cummins Westport truck engines. I don't care how many garbage trucks are running on Redeem, until those truck engines are filling up with NG there isn't going to be any substantial revenue or margin dollar growth.

The price will stay right around where it is for at least another Q.