EXRO TECHS INC. NEW WKN: A2DWXY ISIN: CA30222R1091 Kürzel: 1O2 Forum: Aktien Thema: Hauptdiskussion
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Kommentare 1.440
G
Gast-747555200,
15.12.2020 15:56 Uhr
0
Haywood upgrades EXRO to $8.00,
Canadian Dollar! Sollte man erwähnen
G
Gast-754871601,
15.12.2020 13:14 Uhr
0
Ich habe keine Kohle mehr. 😜
I
Inspite,
15.12.2020 13:13 Uhr
0
Hab gleich 1000 Euro nochmal reingebuttert, danke 😊
G
Gast-754871601,
15.12.2020 13:12 Uhr
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Sorry, habe es nicht gesehen. Respekt, alle waren schneller. 😅👍
G
Gast-754871601,
15.12.2020 13:09 Uhr
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Haywood upgrades EXRO to $8.00, read the report on the Reddit Sub.
😎, here we go !
C
Chris59,
15.12.2020 12:53 Uhr
0
🙏🏻 Sempre
sempre,
15.12.2020 11:40 Uhr
0
Haywood upgrades Exro to $8 CAD from $6
Haywood upgrade $8.00
Exro Technologies Inc.
(EXRO-V, $4.58)
RATING: BUY
TARGET: $8.00 (from $6.00)
RISK: Very High
RESUMING COVERAGE
One of Canada’s Next Billion Dollar Tech Companies in 2021? We Think So; Increasing Target to $8.00/sh
OUR TAKE
We are resuming coverage of Exro following the close of the Company’s oversubscribed equity financing for gross proceeds of $42 MM at $3.25/sh. With ~$10 MM in cash (no debt) prior to announcement, we were surprised at the time by the financing but see it as a positive on several fronts: 1) Exro is cashed up with a long runway to significantly advance both its coil driver and battery management technologies; 2) New major (unnamed) investor adds further credibility to the story. With the financial flexibility to accelerate proof-of-concept and deployment across several focus areas (coil driver and battery mgmt.) over the next twelve months we are revising our target price higher as we anticipate management is likely to continue to execute on value additive items in sectors highly sought after by investors, similar to the track record built through 2020. Reiterate our Buy Rating; Increasing Target Price to $8.00/sh (from $6.00).
KEY HIGHLIGHTS
Closes heavily oversubscribed equity offering. Exro has closed its November 24th announced $3.25/sh equity offering of $36.5 MM, ultimately closing on gross proceeds of $42 MM with execution of the over-allotment. With a lead order of $20 MM from an unnamed fund out of Switzerland, the deal was heavily oversubscribed. The fund is said to be a big deal in the electric vehicle investing space and was really the primary driver behind the timing of the raise. Interest in the offering was also evident in that the stock barely retraced to the offering price. Post close, the Company will be well capitalized with an estimated $50 MM in cash, no debt.
Use of proceeds points to the potential for interesting things to come. We found it intriguing that the stated use of proceeds from the offering was led by “for further research and development of the Company's intelligent battery management system”. While the statement went on to highlight“micro, light and commercial electric vehicle programs, marketing, capital investments and general working capital requirements” as uses, the focus for the Company (and certainly the excitement for investors) thus far has been on Exro’s Coil Driver technology for electronic gearing of electric motors. The battery management side of the business has been relatively quiet, but we think holds significant potential as it is designed to improve second life technology. Exro’s system will be designed to manage the charge and discharge levels of every cell within a battery pack with the electromagnetic current continuously adjusting for a more efficient, longer life span and greater range. The scalability and market for this type of solution could eclipse even the Coil Driver technology.
Upcoming catalysts could unlock more interest in the name. 1) In the next few weeks, we anticipate delivery to Potencia. Potencia Industrial is one of the top motor/generator manufacturers in Mexico. The company is approved by Mexico City to convert the city taxis and some of the major fleet and delivery vehicles from combustion engines to electrical power. In the next few weeks, Exro will supply a Coil Switching Driver that will enable maximum efficiency and powertrain performance for the application. With engineering validation achieved prior to shipping, we see a de-risking of the potential performance gains to be realized by Potencia and read-throughs to other new customers. 2) Published engineering validation results. We could see published results of the engineering validation of the 100V inverter that describe the gains in speed, torque, and efficiency of the technology before year end as well.
VALUATION
Exro trades at a blended 2022e/2023e EV/Revenue of 16.3x versus high growth proof-of-concept transitioning companies at 22.1x 2022/2023e EV/Revenue.
C
Chris59,
15.12.2020 9:34 Uhr
0
Habe im Reddit-Chat gelesen, das Haywood das Kursziel auf 8 CAD angepasst hat. Finde leider keinen Link dazu.
G
Gast-754871601,
14.12.2020 17:56 Uhr
0
Gibt momentan keine News
t
tr78,
14.12.2020 17:38 Uhr
0
Geduld
sempre,
14.12.2020 17:29 Uhr
0
Autsch 😪
G
Gast-747555200,
11.12.2020 18:22 Uhr
0
https://www.boerse-online.de/nachrichten/aktien/magforce-aktie-us-boersengang-bietet-fantasie-1029862222
H
HomoLudens,
09.12.2020 11:24 Uhr
0
Ich habe bisher jeden rationalen Einstieg verpasst, und jetzt beim letzten Rücksetzer meine letzten Pfennig schon wo anders blockiert. Jetzt schau ich mir das ganze an und freu mich für alle die früh drin waren oder auch später noch eingestiegen sind.
I
Inspite,
09.12.2020 10:43 Uhr
0
Ich ärgere mich nicht noch mehr investiert zu haben. Habe bei 1,59 Euro 1650 Stück gekauft, leider nur etwas über 2000 Euro Spielgeld investiert um nach paar Tagen wieder rauszugehen und 100 Euro plus minimum zu machen. Wollte mir eine Festplatte kaufen 😅 bin dann aber doch drin geblieben, weil ich mich erkundigt hatte genauer wie das alles funktioniert und nach den Nachrichten jetzt doch long drin 😊 exro performt die letzten Tage großartig und ich hoffe wir werden hier alle sehr glücklich. Potential ist hier enorm.
H
HomoLudens,
09.12.2020 10:41 Uhr
0
Dischu, du solltest in der Lage sein Google zu nutzen und selbst rauszufinden was Exro herstellt. Kein Grund beleidigend zu werden.
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