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Westport Innovations Inc. Message Board

  • ichihizen ichihizen Nov 14, 2012 9:03 AM Flag

    growth catalyst news

    If you have no done so already, you should read about GE's commitment to expanding natural gas transportation infrastructure.

    GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants.

    Jeffrey "jobs council" Immelt (CEO of GE) is meeting with Obama to discuss the overhyped fiscal cliff.

    I wonder what else they will be talking about??


    Maybe the NEW jobs that might be created by nat gas transportation?

    Hope you got in at 23..


    Sentiment: Strong Buy

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    • Another good source of information is "Chart Industries Earnings Call Transcript. It is a long transcript with some superfluous info but gives a very good look at the future of CNG and LNG. For those who are unfamiliar with the company, they make a lot of the components and systems that are necessary to process and deliver the CNG and LNG including GE's Nat Gas in a box. Compelling evidence that CNG and LNG transportation is in high gear.

      • 2 Replies to duggyy
      • Highlights from conference call transcript from Seeking Alpha:

        We expect substantial and ongoing orders for 15,000 to 18,000 gallon tanks for LPG filling stations in both Asia and North America.
        As a result of continued strength in our North American LNG orders flow and prospects, during the quarter we announced our fourth major plant expansion.
        Asia orders are up significantly for the first quarter with strong demand for LNG track tanks and filling stations. Heavy duty truck fleets in Asia continue to switch to natural gas and we are seeing demand for our equipment grow
        We’re now seeing the railroad industry testing LNG fueled locomotives as an alternative to using diesel, which could become a significant opportunity for us in the future. Momentum is gathering for high horsepower applications, particularly marine, off-road and stationary power gen diesel replacement.

      • Nice post dugg

        Sentiment: Strong Buy

    • Ichi, a nice observation. Immelt must have many ideas, but this is the ONE idea that would have so many positive results -- NG not only making lots of new jobs, but attaining energy security, less pollution, and perhaps a true bridge to renewables sometime in the future.

    • Expect another Goldman Sachs announcement about why you should sell and then a price swing. as they pick up your shares.

      Sentiment: Strong Buy

      • 1 Reply to ichihizen
      • I wanted to mention this before but just didn't have the time. I don't recall seeing so many big name analysts at such a small cap stock question and answer session. Jeffries, Goldman Sachs, Lazard, J.P. Morgan Chase, Morgan Stanley, Piper Jaffray, Cannacord, CIBC, and another half dozen. This company is being watched carfully by the big boys. Interesting that there were downgrades just before and after earnings announcement.

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