Opinions
Bruce Campbell (2)
GreenPower Motor Company Inc.
GPV-X
TOP PICK
Jun 29, 2021
Stock price when the opinion was issued
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They make electric buses. This is a good place to be. They are just starting to make deliveries. The stock price doesn’t yet reflect good news. It doesn’t trade much. He expects it to do well in the future. He is hanging onto his shares. He likes the management team and sees this as a multi-year play.
BUS vs. GPV. There’s a lot of money flowing into this space. Some of the emissions scandal money is going to school boards to buy busses. GPV has more upside in the short term. It’s volatile, but has done well. Great management team, who have put a lot of their own money in. Anticipates announcements on GPV’s order book.
They just posted record revenues. E-buses run on specific routes, and so are aware of their battery ranges and to allow time to recharge them. Meanwhile, this technology will advance. GPV will take off depending on cities' budgets--if cities spend on e-buses, then GPV will hugely benefit. GPV remains a small company, so he doesn't hold it yet. If you want to invest in e-buses, consider NFI who are bigger and more established. He prefers to own GPV in a mix of companies (i.e. ETF) when that happens.