China Recycling Energy Corporation (CREG) Social Stream

China Recycling Energy Corporation (CREG): $0.86

0.19 (-17.97%)

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Industry: China




#45 of 57

in industry

Featured Post From StockTwits About CREG

$CREG Some objective taken on the current lack of interest and what to look for in upcoming ER: we see huge gap between current price and fair value (multiple sources, similar ball park), so what's the missing link? Besides technical disadvantages such as float & volume to keep it under the radar and now this recent China crackdown fear, it's a good thing to acknowledge that CREG is still in pre-revenue stage, like a clinical stage biotech, for now. It ceased old power projects and is more focused on transforming into the highest growth area of renewable energy, likely via M&A. So that's one huge catalyst to immediately generate large revenue; CREG is also slated to renovate 5 existing power projects and that's the second catalyst to see big revenue. The focus of the ER will be assets (incl. cash) vs. debt, cash burn, passive income, and bottom line, which is more important than top line. Any updates or positive developments would be big bonus of course. Will find out very soon.
tsstrade, published August 13, 2021

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