Stockchase Opinions

Stockchase Insights Anaergia Inc. Subordinate Voting Shares ANRG-T BUY Aug 16, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported good sales growth, suggesting good adoption. Results missed estimates by $2M. There is opportunity here but expectations are high. Growing at nearly 50% and no reason for slowing growth. The stock has held well despite the miss. Unlock Premium - Try 5i Free

$21.680

Stock price when the opinion was issued

INDUSTRIAL PRODUCTS
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The restructuring brought in $40.8M, but now one investment entity owns 60% of the company. It gives the company money to survive, but it may be a while before it prospers. Of course, issuing 102 million new shares (at least, with 20 million more if warrants are exercised) caused massive dilution. Even with the new shares, the company's market cap is still very small. Down 77% in a year, the (now) tight control of the shares may keep larger investors at bay. We think the best strategy is to move on from this. Cash flow remains highly negative. 
Unlock Premium - Try 5i Free