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Stockchase Opinions

Robert McWhirterCielo Waste Solutions IncCMC.VBUYApr 12, 2021

It's one of his largest holdings. The risk he mentioned last time was in CMC getting their sulfur level below 15 parts a million so they can sell their biodiesel at a premium. Their recent update stated that they have resolved this issue. They're scheduled to test this new de-sulpherization process my end-June. They plan to double their capacity at one plant and building a new plant in Edmonton. He remains very optimistic and sees a huge opportunity to convert landfill and plastics into biodiesel. They pre-sold one contract worth $1.5 million. He targets $8 assuming they get these plants running on time.
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Stock price when the opinion was issued

$0.07

As of Jun 12, 2026. Market Open.

Energy
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WATCH

Their technology extracts diesel (renewable). But they've never reached their production targets. Is watching the recent change in management. If they reach those number, this means they can build plants across the world and become very profitable.

DON'T BUY
Their renewable diesel had sky-high expectations and projections they didn't meet. They had problems getting a plant running and continue to struggle with that. If it works, shares could move up. Until then, this is a show-me story. They haven't lived up to promises.
Unspecified
It had a parabolic rise and a ski slope down. The first plant is running but they need to get it to capacity and make a profit. Wait to see if it is successful and then expansion should happen.
WATCH
Technology that makes renewable diesel from waste. Hasn't met output goals. If and when they do, he'd be interested. Stock ran up on expectations, but has now drifted down. New management team.
DON'T BUY

New management has expectations for better performance. New facility will have to demonstrate profitability.

DON'T BUY
Fascinated by what they do. Waste converted to diesel. Fairly economic. Stock run up on expectations, but took time to bring facility up to capacity. Scathing short report. Management change. He needs to see them meet promised capacity before jumping in.
WAIT
Need to see management hitting milestones in stated timeframe. Numerous delays, short report. Suffering from small cap effect, tax-loss selling. He'd pay a higher price if execution came through.
COMMENT
Has certainly been volatile. As it started to move up, there was a lot of interest in their renewable diesel. However, there was a short report that called into question of the company, as well as the plant delay due to the catalyst that was not mixed properly. Could take a chance on it and if all things go well, then it can move up. However, he is holding off until he sees these aspects become more concrete.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has not had revenues and cash flow is negative. Investors are expecting better things down the road with a market cap of $800M and a stock price that had good momentum. Assuming it lands partnerships, it should have its capital needs met. Should be cash flow positive in the future. Unlock Premium - Try 5i Free

WATCH
Their green technology is fascinating, taking waste, grind it with a solution to extract petrochemicals and turn this into biodiesel which they sell into the market. They're bringing a bigger facility onstream. If they pull this off, it will generate a huge amount of cash. He's certainly watching it.
WATCH

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Volume is picking up and market cap is now $540M. Insiders have been net buyers and own 7%. Valuation is pretty high with no reported sales. Announcement of a second facility points to management being fairly confident. Unlock Premium - Try 5i Free

COMMENT
Rolling out a new business model for buying renewable diesel, which creates a new source of revenue for municipalities. Cost of its basic materials is fixed. Technically grossly oversold, and ready for a rebound. Very optimistic on the stock and technology.
WATCH
It had a huge move in the last six months and has consolidated in recent months. They convert waste--they add a fluid to waste to grind it out, then pull out biodiesel that they sell. They're operating a pilot plant. The market will then evaluate their results. If the results impress, he'll buy. There are similar, but not the same technologies, elsewhere. Their product helps clean the environment, like converting railway ties. As they add plants, it will increase their cash flow.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A renewable diesel refiner. Has no revenues as of last quarter. They have some joint venture fees they earned at $750K and a $500K grant. There are some financing arrangements as well. High risk overall. Unlock Premium - Try 5i Free