Grande West Transportation Group

BUS-X

CVE:BUS

0.26
0.00 (0.00%)
Grande West Transportation Group is a Canadian bus manufacturer headquartered in Aldergrove, British Columbia, Canada.
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Analysis and Opinions about BUS-X

Signal
Opinion
Expert
COMMENT
COMMENT
January 2, 2018

He likes this company. It’s a higher growth company in the bus business. His favourite would be New Flyer (NFI-T). The selloff in this is because of a bit of a transition between different shareholders. Earlier on they had more growth oriented shareholders, and maybe a bit more speculative, but now they are getting older and are producing more buses. Shareholders are now probably thinking longer-term. It looks like they are doing all the right things.

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He likes this company. It’s a higher growth company in the bus business. His favourite would be New Flyer (NFI-T). The selloff in this is because of a bit of a transition between different shareholders. Earlier on they had more growth oriented shareholders, and maybe a bit more speculative, but now they are getting older and are producing more buses. Shareholders are now probably thinking longer-term. It looks like they are doing all the right things.

PAST TOP PICK
PAST TOP PICK
December 21, 2017

(A Top Pick Feb 28’17, Down 13.75%) It has been coming off quite a bit and he is not sure exactly why. He still owns it. He likes it. They just signed a new deal for their first sales in Quebec. Their backlog is about 270 busses. We will continually see them ramping up. We need to see their margins increase a little. They are almost cash flow positive.

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(A Top Pick Feb 28’17, Down 13.75%) It has been coming off quite a bit and he is not sure exactly why. He still owns it. He likes it. They just signed a new deal for their first sales in Quebec. Their backlog is about 270 busses. We will continually see them ramping up. We need to see their margins increase a little. They are almost cash flow positive.

COMMENT
COMMENT
December 15, 2017

Has done a great job in winning municipality bus contracts. The stock really, really ramped up, and then investors paused a little, and said now that you've got the orders, show us you can make money. They've had 2 good quarters in terms of profitability, so they've proven they can take an order and make money off of it. Now it is just a situation of replacing orders they have, growing their backlog and winning new business. A nice little company in the early stages of growth, but it also means that if anything goes wrong, the very, very high expectations will be wrong and the stock will be volatile if there are any problems.

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Has done a great job in winning municipality bus contracts. The stock really, really ramped up, and then investors paused a little, and said now that you've got the orders, show us you can make money. They've had 2 good quarters in terms of profitability, so they've proven they can take an order and make money off of it. Now it is just a situation of replacing orders they have, growing their backlog and winning new business. A nice little company in the early stages of growth, but it also means that if anything goes wrong, the very, very high expectations will be wrong and the stock will be volatile if there are any problems.

WATCH
WATCH
December 11, 2017

He just started looking at this company. He is very intrigued by this company. It was getting ahead of itself at $2. They have a huge backlog. He is having a careful look at it.

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He just started looking at this company. He is very intrigued by this company. It was getting ahead of itself at $2. They have a huge backlog. He is having a careful look at it.

DON'T BUY
DON'T BUY
December 1, 2017

Doesn’t know this company. It seems the stock moved up and has formed what is called a descending triangle. It formed a floor and then recently breaked down. From a technical perspective this is not a good thing. It could stop at $1.80, or it could be going down to 0.90$. Unfavorable looking chart.

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Doesn’t know this company. It seems the stock moved up and has formed what is called a descending triangle. It formed a floor and then recently breaked down. From a technical perspective this is not a good thing. It could stop at $1.80, or it could be going down to 0.90$. Unfavorable looking chart.

HOLD
HOLD
November 16, 2017

They make smaller busses. They have done quite well. They had a big run and the news is baked into the stock. If they can keep going then they could be taken out. This is probably their plan.

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They make smaller busses. They have done quite well. They had a big run and the news is baked into the stock. If they can keep going then they could be taken out. This is probably their plan.

COMMENT
COMMENT
November 14, 2017

Has been doing really well. They’ve ramped up their plants, got orders, and are now actually building and shipping buses. It is kind of expensive for what is a slow growth business. They are in the smaller, niche buses, which get less competition. Prefers New Flyer (NFI-T), as it is a much larger company which is starting to look at the smaller bus size niche. However, he likes Grande West if you want something a little higher risk with a little higher growth potential in the short term.

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Has been doing really well. They’ve ramped up their plants, got orders, and are now actually building and shipping buses. It is kind of expensive for what is a slow growth business. They are in the smaller, niche buses, which get less competition. Prefers New Flyer (NFI-T), as it is a much larger company which is starting to look at the smaller bus size niche. However, he likes Grande West if you want something a little higher risk with a little higher growth potential in the short term.

PAST TOP PICK
PAST TOP PICK
November 8, 2017

(A Top Pick Nov 16/16. Up 92%.) This has continued to do really well. Looking at the evolution, they started off in Canada getting small orders from regional transit authorities, and then would come back with multiple orders for them. They continue to work their way through Canada, and are now in the US with their "Buy in US" certification. They just got a US order 450 buses, and are starting to do the exact same thing in the US.

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(A Top Pick Nov 16/16. Up 92%.) This has continued to do really well. Looking at the evolution, they started off in Canada getting small orders from regional transit authorities, and then would come back with multiple orders for them. They continue to work their way through Canada, and are now in the US with their "Buy in US" certification. They just got a US order 450 buses, and are starting to do the exact same thing in the US.

PAST TOP PICK
PAST TOP PICK
October 12, 2017

(A Top Pick Oct 26/16, Up 210%) He continues to own it and over the last year they have continued to execute and do all the right things. There is still lots of room for it to go. They just announced a big order last week and they also have a new bus line coming.

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(A Top Pick Oct 26/16, Up 210%) He continues to own it and over the last year they have continued to execute and do all the right things. There is still lots of room for it to go. They just announced a big order last week and they also have a new bus line coming.

COMMENT
COMMENT
October 6, 2017

Their specialty is smaller 30-foot buses instead of a typical 40-foot bus. Has a smaller turning circle and is less expensive. They are creative in getting lower costs in manufacturing. Bought a frame from China, but ended up adding a bunch of US parts to get a “Made in USA” certification. Earnings are expected to almost triple from $.05 in 2017 to $.15 in 2018, relatively expensive, compared to the stock price. Analysts are predicting $.24 for 2019, giving a more reasonable 10X PE multiple. Thinks there is very good growth for them as well as their competitor, New Flyer (NFI-T).

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Their specialty is smaller 30-foot buses instead of a typical 40-foot bus. Has a smaller turning circle and is less expensive. They are creative in getting lower costs in manufacturing. Bought a frame from China, but ended up adding a bunch of US parts to get a “Made in USA” certification. Earnings are expected to almost triple from $.05 in 2017 to $.15 in 2018, relatively expensive, compared to the stock price. Analysts are predicting $.24 for 2019, giving a more reasonable 10X PE multiple. Thinks there is very good growth for them as well as their competitor, New Flyer (NFI-T).

COMMENT
COMMENT
October 5, 2017

They’ve executed very well. He guesses that if they come through with earnings and revenue surprises, the stock will pop. If looking for an earlier-stage version, there is one called GreenPower Motor Company (GPV-X) which makes electric buses. Both are interesting. Feels the bus business is a growth industry.

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They’ve executed very well. He guesses that if they come through with earnings and revenue surprises, the stock will pop. If looking for an earlier-stage version, there is one called GreenPower Motor Company (GPV-X) which makes electric buses. Both are interesting. Feels the bus business is a growth industry.

BUY
BUY
September 28, 2017

He took the majority of a recent financing. They are just starting to ramp up and are now earnings positive. Their backlog should keep them busy for the next couple of quarters.

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He took the majority of a recent financing. They are just starting to ramp up and are now earnings positive. Their backlog should keep them busy for the next couple of quarters.

COMMENT
COMMENT
September 21, 2017

Basically all the action this year is base building. There is probably going to be some resistance at around $3 up to $3.50. Chart shows a long base that it broke out of in 2016. You can look at the chart as being a bull flag. You are probably looking at something just south of $4-$4.05.

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Basically all the action this year is base building. There is probably going to be some resistance at around $3 up to $3.50. Chart shows a long base that it broke out of in 2016. You can look at the chart as being a bull flag. You are probably looking at something just south of $4-$4.05.

TOP PICK
TOP PICK
September 14, 2017

The stock ran up and made a nice move in anticipation of everything happening, and now it is sort of execution for the management team. The stock pulled back giving it a really attractive entry point. They are now aggressively moving into the US with their US partner taking bus orders and starting to sell. There is also lots of room for growth in Canada. The US has 2 markets, municipalities and the private market for rental car, transportation at the airport, etc. Management guides towards 200 buses out the door this year and 300 for next year. (Analysts’ price target is $3.83.)

Show full opinionHide full opinion

The stock ran up and made a nice move in anticipation of everything happening, and now it is sort of execution for the management team. The stock pulled back giving it a really attractive entry point. They are now aggressively moving into the US with their US partner taking bus orders and starting to sell. There is also lots of room for growth in Canada. The US has 2 markets, municipalities and the private market for rental car, transportation at the airport, etc. Management guides towards 200 buses out the door this year and 300 for next year. (Analysts’ price target is $3.83.)

BUY
BUY
August 25, 2017

They have a shorter bus and that is their advantage. It is less expensive, more efficient and has a shorter turning radius. He Has NFI-T. The PE to growth is reasonable. It will do well over the next few years.

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They have a shorter bus and that is their advantage. It is less expensive, more efficient and has a shorter turning radius. He Has NFI-T. The PE to growth is reasonable. It will do well over the next few years.

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