Today, Robert McWhirter commented about whether NPI-T, EMP.A-T, DPM-T, GRN-T, SMF-T, VMD-T, CVX-X, PLC-T, SVA-X, NTR-T, BDGI-T, ATE-T, ARE-T, ALY-X, GSI-X, GSI-X, UGE-X, XBC-T, NVA-T, PNG-X are stocks to buy or sell.
He's owned this for a long time.They're a master of renewable energy, particularly natural gas, in North America and Europe. Their hydrogen business will leap--hydrogen and clean energy are huge now (look at Ballard Power's performance). 2021's earnings are expected to grow 35%. $5.15 is the target price.
UGE boasts a US$72 million backlog, a huge increase in less than three months. That backlog is 40x last quarter's annualized sales run rate. Their enterprise value is 10% of their backlog. They focus on New York state and the Philippines. UGE is transitioning their business model to resemble Xebec's to raise recurring revenues and margins. His price target is 50-70 cents and will likely rise as earnings come in and impress markets.
It's like they're building the discount brokerage arm for Royal Bank--they have a partnership with a huge Italian bank, Sanpaolo, and are thoroughly testing that system--testing is almost complete and they're awaiting government approval. Once the Italian government approves them by end-September, the new discount brokerage system could lead to a spin-out by the end of the year. This is a great long-term opportunity. ALY can build other systems at other European banks.