Seems to be new interest in LGP over the last week. The day starts with the stock trading way down, then it fights back throughout the day to close either up, or slightly down for the session. I think people are looking for yield for sure, but the company has taken on the task of accumulating as many gasoline distribution opportunities as possible. Working with CST, there is no overlap. There will be more bolt on opportunities going forward. They need to not pay up for them, and I'm sure they won't. They must continue to be very operationally efficient. I expect another deal by January/February.
About this time of the quarter, we get an indication of revenue for the quarter just past. Maybe preoccupied with the PP? Or want a big pop all at once when the earnings officially come out.....?
You are in a unique position. I pose the following question: Which will provide a greater return to you: buying APGI stock or buying a glider kit for a truck in your fleet? Is there a reason for hesitation on either action? Thoughts?
Is there a CNG fueling station near your business? If not, where is the closest one? Do your trucks have dedicated routes? Is there a station along that route? I have other questions, but lets start there. Thank you for your posts. You obviously are passionate about your business and the other posters here have a great opportunity to understand this business from an end users POV.
Noticed that one of the directors purchased on the open market over $1M in shares last week. That's a significant endorsement from an important person, not only with the company, but in the Lehigh Valley. Confident that decision wasn't made with a blind loyalty to the board, but with a calm economic analysis of the industry as a whole.
All salient points. I like their approach of buying in bulk. The credit facility needs to be used carefully though. I remember reading that they are working with Clean Energy to install LNG pumps. I hope they will work with others as well to build out an important infrastructure play in the future.
I'm more confident than ever that HTM will continue to grow methodically, yet at a quicker pace. With each installation, more knowledge is gained. I was a little premature in adding to my position last week at .71, added more yesterday at the 10am trough at .54. GLTA
Sentiment: Strong Buy
First and foremost, I'm glad you are still here. As stated before, dual fuel, or bifuel is huge, currently and even more so in the future. Here is my challenge to APGI: fix your website and focus on vehicular.
Exciting news! A what point does a retail investor cross over into the institutional investor realm? 1%? 2%? That's not me of course, but we all can have a dream.
That's great. I read through one of their CC's, didn't see that. But I might have missed it, or read a different one. Glad they are working on it.
My concern for APGI is their website. For me, it is a little too non-technical. Show us a schematic of their gas train, or at least a picture of an installation or application, both vehicular and stationary. Everyone has access to the web and pictures equate into thousands of words (and dollars!)
The promise of diesel and natural gas mixing IS huge, and IS happening with very real cost savings. Diesel prices are not going down as the diesel market is global, and prices accordingly. APGI may (will) be one of several successful businesses involved in this transformative process, but in my opinion, they need to sell it a lot better.