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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (48499)9/24/2018 9:02:36 PM
From: Goose94Read Replies (1) of 202401
 
Grande West Transportation Group (BUS-V) top pick from Stephen Takacsy on BNN.ca Market Call Monday Sept 24th @ 1200ET

B.C.-based developer of North America’s only single-frame heavy-duty medium-sized transit buses for public and private transit. The “Vicinity” bus was designed from scratch for the B.C. Transit Authority and is cheaper, lighter, more fuel efficient and sturdier than competing buses, which are made by cutting up larger ones. Business model is “capital-light,” with outsourced manufacturing and final assembly in Vancouver and Atlanta. The stock has declined due to delivery delays (not the company’s fault) and lack of recent orders although the RFP pipeline is very strong. Grande West recently reported strong profits and is now “Buy-America” compliant, allowing it to bid on public transit contracts in the U.S. such as in the state of Georgia where the “Vicity” bus was recently approved for purchase. New bus orders in the U.S. should drive share price higher in next few months. We expect stock to double in the next 12 months.
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