You just watch it teach. NG Advantage total margin has to be .50. CLNE was .30 and I am sure NG Advantage would not do the business for less than .25 on their own. Look at the purchase price paid. This company is EBITDA positive as of today. Wait for the detail read or conf. call. I am 100 % sure some analyst is going to ask that Question.
Hope all the old times on this borad that study financial reports seriously realize that with NG advantage purchase, CLNE is now EBITDA positive. 16 million gallons with a margin in including CNG and delivery and setup in trailers etc. would give .50 margin per gge, is equal to $8 million EBITDA, and that puts CLNE at $3.million positive EBITDA plus the improvement of $2.5 million, which now means CLNE will have a $5.5. million positive EBITDA minimum in 4th Qtr. Start valuation of this company on earnings now and a lot of other discussion on becomes void.
realistic target. Predictable earnings and becoming more like utility but without the regulator on pricing. Customers save money is the big key and each customer is minimum 500000 gge so its like getting 25 trucks.
I agree. Westport engines, even at the same rate as last year, is a doubling gge for CLNE. CLNE has possibility of a upside surprise and i put odds that they will have upside surprise.
i saw that, but I think he paid much less as compared to receipt on earlier trade. Looks like he does not want too much exposure to CLNE. Anyway you look at it, if stock was going up soon, he would not have sold the earlier position.
Rick Wheeler is out and soon could leave the company?
Board members would not buy at 9 and 10 if it was not good news.
They are and will be close to Break Even by December for EBITDA.
ya watch the Q report. If the EBITDA is less than $3 million, your assumptions would be considered conservative. I still say you are correct in assuming trucking is the major segment for them. The rest are important, but do not offer critical mass to be profitable.
You got to only count cash loss. Depreciation and stock options loss is not a cash loss. Interest would be I the short run. So first count cash loss, then, consider market share, they have stations share of 35%, so why sales share of 20%?
I do not think you know what you are talking about. Many companies give guidance and target range. They do not because they move their strategy and mile post every quarter.
They can but NG will not grow much. Husband and wife team and also regional. Regulations by town. Read the article on gas leak by NG advantage that shut down the road from one of their trailers. CLNE wants to supply at station and may get to deliever with Mansfield or NG advantage, but I hope they do not take on bulk distribution.
So if every one can open station at 25 trucks , this is like 440 stations worth of business this year, on top of may be 320 stations last year based on 8500 trucks. That tells me there is enough trucks by 12.31.14 to support 700+ stations. Hopefully industry turns positive in 2015.
Ryder’s CNG fleet has clocked close to 27 million miles since launching a natural gas program just four years ago. Scott Perry, Ryder’s vice president of supply management and fleet management solutions, says the company plans to have 1,000 CNG and LNG trucks in operation by the end of 2014 serving lease and rental customers. Ryder also operates natural-gas-compliant maintenance facilities in eight states.
finding new verticals is good, but they need to be up front about how they are doing on the HD trucks. They have touted that as their largest market 22 Billion GGE, and they need to level with share holders as to their progress. Hope they do not go hamna hamna hamna on next CC like last few.
Any serious thoughts on what caused analyst estimates to go up on last 90 days? Is it new Rigs? Rates?. I thought rates were softening a bit now from Sdrl,news. Any one with some more info. on this.
Have no fear. In a capitalistic society. Unmet demand does not last for ever. This problem will be solved. Could be cummins playing games with westport because they parted ways for new engine development. They had difference of opinion on which technology to follow. The current design gives too much share to westport so why rush to solve production bottlenecks?
If I were running a competitor company, how much would it costs to set up a go pro camera or hire A person to go around and count trucks for one day at each station. Two people 50,000/ each and some camera and motel stay. I would say that I for is $200k per year. With Go Pro, even less. And No, I do not think competitors are interested in each stations as many are for third party and not CLNE trucking. I do think having touted to shareholders the size of trucking market being $22 billion/ yr etc, and ANGH etc, they do owe and explanation as to what the progress is in clear terms and not fuzzy math. E.g see what happened to WPRT afters years of providing engine data, they stopped since they introduced 12 liter and stock is down 25% in two qtrs? same future awaits CLNE unless management wakes up and start walking the walk.