Stockchase Opinions

Robert McWhirter Cielo Waste Solutions Inc CMC-X COMMENT May 13, 2021

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.
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Stock price when the opinion was issued

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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.
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

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.
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.
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.
DON'T BUY

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

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.
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.
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.
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.