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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: speculatingvalue who wrote (107)	7/16/1998 10:00:00 PM
From: Ciao	Respond to of 6016

This company has got enough going for itself. Now all it needs is someone to tell it's story. What is the latest on TSE listing? Ciao for now.

To: speculatingvalue who wrote (107)	7/17/1998 1:38:00 AM
From: speculatingvalue	Read Replies (1) \| Respond to of 6016

I sent this question yesterday to GLE IR. I think a TSE listing would bring the spotlight this company deserves. I'd also love them to hire an IR person. I'd like to know what they are up to. On the other hand, I'd like the time to take a stronger position. It is cool to have time to take advantage of a high growth company without paying a high stock price premium. I usually stay with a microcap for a short term, but Global seems like a special opportunity. It's been great that I can buy at $1.05 (.25 warrant) every time someone gives up on it as volume falls to zero. The last time I hit a situation like this was with SWE at $1.50 a year ago. It's up near 400%. Integrity of management in a microcap goes a long way for me. I dumped ISL at $1.57 a couple months ago for that reason and it is trading below $1 today. When management in a high growth microcap is on your side, you can get a great return. When it's not, you dump and run. GLE management seems to have a lot of integrity. As investors each tell two friends ... etc., the story is going to come out and GLE is going to reach the value of the company (if not more). A 50% increase in the near future (minimum) as the story comes out. I wouldn't be surprised if it is many times that as earnings increase. If it makes the main stream press, they should get a P/E of 30 ($4.80). If not, .16 * 10 = $1.60. In the mean time, I'm happy that I own a share of a growing revenue stream. I admire a company that dreams big with technologies like fuel cells, but ensures that the current business is still profitable and growing. A story is great, but I hate investing in a company that loses money (bhw). Global has a STRONG GROWING revenue stream. They earned 16 cents last year. A boring company with zero growth prospects should get 10 x that which is a stock price of $1.60. The warrants will offer a substantial dilution, but they have a near million $ month contract on top of their existing business. Their debt is falling. And the warrants don't come due until next year. Then the fuel cells. Savy management in tune with the shareholders - I can't believe it is taking so long for this one to break out. I wish I had more $ to throw at it when the volume is so low. I was sorry to give away my CUQ, but when GLE drops, it presents such an opportunity. (Insider comment to Ciao - were you the buyer?). Actually selling a hot company like CUQ at a loss shows my faith in GLE. The warrants are trading at $.35. Given a premium of .20 for the time value, the warrant traders value the stock at $1.05 + .35 + .20 =$1.60. I also like a company that embraces a variety of technologies and doesn't put all its eggs in one basket. The thermoelectric stuff was cool, as was the heaters. The US military seems to like the heaters, which should translate into unbelievable sales growth in other countries. The thing is, they offer a steady stream of technologies without keeping their heads in the clouds. A shrewd business person embraces a technology this year that will make a profit next. Why wait for the Ballards of this world to take ten years to market when the Globals can turn new technology around in two. I find the more due diligence I do on this company, the more of a gem it seems. Its main fault is the stock plummets as volume goes to zero. But that is a buying opportunity to the wise. Don't panic and sell at bargain prices unless you have a better opportunity elsewhere! I think the financing and the dilution effect of the free warrants they granted has held back the stock price, but my experience is that this is coming to an end. The stock is going to break out soon! I think that those who hold faith could make a lot of moula! I'd like to hear what everyone else thinks! Cheers!