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To: Goose94 who wrote (57785)4/15/2019 12:00:04 PM
From: Goose94Respond to of 203019
 
GreenPower Motor Company (GPV-V) six month high on news



To: Goose94 who wrote (57785)6/10/2019 7:56:40 PM
From: Goose94Read Replies (1) | Respond to of 203019
 
GreenPower Motor Company (GPV-V) top pick from Fabrice Taylor on BNN.ca Market Call Monday June 10th @ 1200ET

GreenPower manufactures electric buses ranging from small shuttles to full-size transit vehicles. There’s growing demand among cities and states, particularly in California, for electric buses and incentives for buyers. This shows up in the company's backlog, which stands at more than 200 vehicles and should be good for US$40 million of revenue in the current fiscal year and US$100 million next year. But there’s a second trend that should boost the stock. Transit authorities are getting nervous about Uber and Lyft, which are encroaching on their traditional business. The more forward-thinking authorities are looking at buying smaller, electric buses that can drive through residential areas and pick up passengers much closer to home, if not at home, and deliver them right to their destination. GreenPower’s EV Star is custom built for this and has no competition at the moment. An up-listing this fall to the NASDAQ, where electric vehicle companies get much higher multiples, should provide another catalyst. Last purchased at 46 cents in May.