Replies to post #4578 on Westport Fuel Systems Inc (WPRT)

[Jack_Bolander]

Let's have fun with math so everyone can see what the pathetic management at CLNE are proposing:

1. CLNE pays the incremental $40k for 2500 engines and takes on $100M of debt which Total Guarantees for a 10% annual fee. Let us assume 6% cost of debt.

2. CLNE's expenses for leasing program are $16m/year at its peak of $100M. ($10m fee to Total for its guarantee on the debt)
And $6M in interest expense. You can use you own cost of debt and come up with your own scenario.

3. The 2500 engines uses 20,000 gallons equivalent or 50 million gallons (equivalent) year and CLNE makes $.25 per or $12,500,00 thus guaranteeing it will lose money.

4. It's not enough to dilute shareholders into the Stone Age, we must introduce a loser program to get people to buy engines that they will be REQUIRED too use to meet regulatory requirements in places like CA and NY.

5. This will tank the stock!And explains Friday's drop for BOTH CLNE and WPRT !

6. BOD is thinking ahead, in their SEC filings that details this debacle, they are proposing various levels of reverse stock splits.

7. Everyone should read the SEC filings.

8. Anyone see it any other way. If so, please share your view.


From a post on the Yahoo board.

[pack10]

AGREED. Have you seen this?

Westport Fuel Systems (WPRT -9.6%) has turned sharply lower after reporting a smaller than expected Q1 loss but a decline in gross margin due to lower service revenues and the ramp-up of Westport HPDI 2.0.

Oppenheimer analyst Colin Rusch maintains his Buy rating and raises its stock price target to $4 from $3.50, saying WPRT’s restructuring is "paying dividends and the important growth drivers are in place with HPDI 2.0, a broad portfolio that even reaches into hydrogen-based vehicles."

Investors should be encouraged by WPRT providing full-year guidance, even as it is roughly in line with Street expectations, Rusch says, adding that Total's purchase of a stake in Clean Energy Fuels is "evidence of the ongoing diversification of transportation fuels... WPRT has both a strong IP and product position to benefit from that diversification."