You still don't get it. Everything that comes out of Westport is a lie. The market won't buy into a single word of this. You need to assume this is more bogus PR coming out of WPRT management just like everything in the past. If you think this is true, you will need to go to the plant, watch them being shipped out and follow them all the way to delivery.
The market is just not going to listen to anything WPRT says until the day the post verifiable GAAP profits.
This is a dead cat until the day they post positive earnings and not that EBITDA #$%$.
The mighty hand of government knows all and just needs to decide what fuel we all should use.
I'm glad you aren't running the world I live in.
And please try to remember that those myopic investors are the true owners of WPRT, the people who provided the funds to build this company and deserve a modest return on their commitment after 10 years. Show some respect to those who put up their money to make NG engines possible.
You are so out to lunch it's ridiculous. Cummins has every reason to move to NG and they will when their customers demand it. When that crossover day comes, Cummins will do it in a profitable manner unlike the fool who is Running WPRT as his person ATM cash machine.
You must be Drew M. hiding in a sheep costume. Just keep following Demers around in a circle and when the head sheep turns keep following him right off the cliff.
Your points are all the more reason Demers must leave. This technology is too important to be left to someone who only want's his 1 million salary and 1 million bonus.
As soon as Demers is gone this company can start to get on track. That is if it's not too late.
Please no quotes on the notion that there will be a new CEO in Jan 2015. That's total BS until it actually happens. For the last year and for the next 5, everything which comes from WPRT management must be considered as untrue or ignorance. Until the first positive earnings report is published, they have nothing to say that will be worth listening to.
Well, Drew will listen to it. Drew, where are you WPRT needs you,,,,,,,,,,,,, or not.
We have been through how many oil, gas price swings in the last 40 years? All this talk of energy surplus is a sucker bet. The market will find a way to consume what is available at whatever price it takes to get rid of it. Even if we have low prices for 5 years, the long term will not change and that is an ever increasing demand as emerging markets grow, reduce poverty and increase consumption. With the new demands agriculture will continue to consume more oil and gas. Here in the US the worry about climate change will mean nothing when unemployment keeps going up. Consumption is the only answer to deflation if prices keep falling and consumption will happen if the FED has to keep rates at ZERO for 20 years. So those who are worried about climate change the better find a new home.
WPRT is really screwed. They have no plan that will deal with low energy prices for 5 years which is very possible. Instead of concentrating on engines and the move to profitability, the kept expanding. The never should have spent a dime on tank systems. The more stock they issued and the more the borrowed the more they wasted on things which did not produce profit.
WPRT is now in a position where it's production can't expand due to low demand. If that condition lasts 5 years, there may not be a Westport in 2020. The CEO of this company is incompetent beyond measure. His only goal seems to have been to build the cash pile to insure his salary and bonus for 5 years he might not know how to run an engine company be he sure knows how to make money at the expense of others while lying about the condition of the company. I wonder where he has those millions invested because it sure isn't WPRT. He might have invested it all in a real engine company like Cummins.
Drew, where are you, what do you think, how long will it take for WPRT to go under 3? Drew, are you ready to admit you are a sucker who helped to pay for Demers nice high roller life style. Come back Drew.
Double bottom, how about a triple bottom with a twist degree of difficulty 99, who the hell cares.
There were likely a bunch of double bottoms all the way down from 40 and at each one EBITDA profits were on the way. There will probably be 5 more double bottoms on the way to 25 cents.
The company has shrinking sales and growing expenses, falling cash and falling book. Charts have nothing to do with WPRT's problems.
Efective Jan 1. This is not Jan 2015. So, since all the guidance in the past was bogus, this announcement is automatically bogus until Jan 1 when this happens.
At this point if you believe anything that comes from WPRT management or the board you are making a big mistake.
When Demers is out then new discussions can begin. Until that time it's the same old s***.
Remember all is well WPRT will be EBITDA positive next years. You will find next years just happens to always be next year.
You have seen the sales for the last quarter? How can a company have growing pains when, after 10 years sales are not growing? There is growth if you consider the growth in negative cash flow, any increase in losses is a kind of growth, just the wrong kind.
Could you explain?
The only expansion related to WPRT that I see is Demers personal wealth.
More bogus guidance. Until Demers is out the door, you are following sheep.
Come back when Demers is gone. I hope you are right and that the board cleans house. I will believe it when I see it. Why would Demers jump off the grave train? I am to believe the BOD, with him still on it is going to take away his compensation package?
Yes, NG as a fuel had loads of potential for solid companies who understand cash flow and how to build a company. WPRT has zero future as long as Demers is running the show. While Microsoft, Apple, Intel and other companies had massive growth hundred of tech companies went under. WPRT is one of those that will likely go under. NG is find WPRT is not. WPRT is another Capstone turbine, years after going public it is still doing nothing but spending money and losing money. The should merge 2*(-1)=MINUS 2.
Do not buy into this company keep your money in your pocket and not Demers'.
Yes he put out guidance for years to haul cash into the balance sheet. He now has 5 years salary an bonus banked. Think I I'm kidding just keep watching and take note how the book value keeps dropping and he gets paid 1 million in salary plus the typical 1 million bonus each year. Also watch the sales go nowhere.
Sure, every day the market realizes more then the day before that WPRT will never turn a profit. I would wait to buy at 75 cents, that way you are sure to make money.
Kevin Douglass? He might be another person AKA Drew. He's going to be sending a lot of money into Demers accounts if he doesn't wake up.
Man are you out to lunch. It was his bogus guidance that started this WPRT slide. He gets paid to take ND demand possibilities into account. If he can't then he should be in this business. Spending like crazy as all this is starting.
Then again, you probably didn't have lunch or smoked something instead.
Sure, I believe in the ability of Mr. Demers. I am 100 percent confident in his ability to put at least 100,000,000 more into his personal accounts.
HI Drew, where are you. Are you still there in the weeds watching, just waiting for WPRT to jump up 25 cents so you can jump out and tell us how smart you are.
Pleas Drew come back and post more good news, we need it or are you too busy trying to tank Apple or something.
Just give Demers a little more time. He will figure out what to do with that 130 million and it won't be positive for anyone but him.
All you need to know is that WPRT will be EBITDA positive soon,,,,,, very soon.
I'm sure Demers is using his nice big pay check to buy all the WPRT he can get.
Isn't that what everyone thinks?