Aurora Solar Technologies Inc (ACU.V)

Moving from selling sensors to software available on a recurring revenue basis and high margins. With this software, each plant could save 5-10M. Optimistic that the stock will move up over the next year. Stock has dropped below his buy target of 28 cents and is rebounding.

The recent stock run-up may or may not have been a Reddit short trade. He sold this last week. They have a new version of their software. The solar energy industry will continue to grow 25% annually. ACU examines energy output, comparing various solar energy locations and how to optimize laggards. They deal with 15 of the world's largest solar manufacturers, many Chinese. Their hope is to offer a software services subscription, not selling one-off product, which will lead to predictable income flow that he expects to happen in 12 months. It's a very small industry, so there's little competition. He wants to buy this stock back around $28-32.

They reported very strong results in recent quarters. They are introducing new software. Currently, there is an existing supply that does this by hand but their software will replace this. The opportunity for profitability is probably three times what they currently have.

The company makes products that make solar chips. It makes a sensor system to aid in the early manufacturing stage of solar chips that helps increase the yield of successful production of chips. The payback on their products is great. They are developing software to increase yields further. He thinks this will lead to higher sales going forward. He owns this personally.