i dont usually post, but i have to 2nd that, WKHS - Workhorse
especially on July 4th ( it's all "Made in USA" trucks, vans, etc.... soon to create USA jobs )
truly a fascinating and amazing story unfolding w/ this company & stock .... well worth it to DD ...
it's overbought now, but despite recent 300% run it's still long term undervalued, may or may not pull back, IF it pulls back at all its still worth jumping on IMO (just had a huge pullback Thursday but EOD back to $20)
maybe some of you know all this & more, but here's some intro DD many long term WKHS investors know
- 1.9B MC currently....in hot EV sector but are not really competing w/ other EV players
- have little to no competition in "last mile delivery" EV truck market
- are set to get a large part of $6.5B USPS contract for 180,000 delivery vehicles over 5-6 yrs
- maintenance for those future USPS vehicles is worth $$ too, may get outsourced
- already have smaller deals w/ UPS, Fedex, DHL, for EV delivery vans
- have other deals w/ Ryder, Goodyear, Duke Energy, MOOG, & too many to list
- "tied at the hip" w/ Lordstown Motors Corp, who owns 6 million s.f. former GM plant
- WKHS owns 10% of LMC, (run by former CEO of Workhorse) w/ estimated value of $1B
- will be providing American jobs, USPS new vehicles are mandated "made in USA"
- last week's LMC fleet pickup debut featured Mike Pence, looks like campaign ad on White House website
- Donald Trump tweets about Workhorse, Lordstown, & GM last year, enough said
- Drone deal w/ MOOG, many types, including last mile delivery, truck roof mounted low profile system
- see youtube for UPS truck roof mounted delivery drone system, automated & w/ phone apps
- at one point a fuel cell / BEV hybrid demo truck was built for Fedex, but current focus seems to be BEV
- sold off their "octocoptor" 8 rotor hybrid helicopter business to military
- may in future build postal vehicles for UK & Australia postal services
- so much more in future
will be fascinating to see how this all unfolds between now & Novenmber
have a great holiday weekend
Pete (side note: thanks GZ for all you do to help)
actual demo vehicle pic
|
