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Biggest EV of 2021?
$40m for ONE sales orders already
Capability to gross $1B in sales by 2022
partnered with BMW
Insiders buying
Undervalued @ $200m market cap!
$BUSXF will be see the biggest EV gains
It will outperform gains by $XL, $CIIC, $FIII, $GIK, etc.
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$40m for ONE sales orders alreadyCapability to gross $1B in sales by 2022partnered with BMWInsiders buyingUndervalued @ $200m market cap!$BUSXF will be see the biggest EV gains
It will outperform gains by $XL, $CIIC, $FIII, $GIK, etc.
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Who is $BUSXF?
Grande West Transportation is a Canadian manufacturer that builds, designs, engineers mid-size buses. As of 1/14, their market cap is around $200m.
Now @ $2.46
Grande West Transportation is a Canadian manufacturer that builds, designs, engineers mid-size buses. As of 1/14, their market cap is around $200m.
Now @ $2.46
Just recently, they are transitioning their vehicles from gas to EV. In 2019, they launched a bus called the Vicinity.
The Vicinity Electric is considerably more durable & cheaper than other 40’ busses https://twitter.com/mortensenbach/status/1348292187172253697
The Vicinity Electric is considerably more durable & cheaper than other 40’ busses https://twitter.com/mortensenbach/status/1348292187172253697
On November 17, 2020, they announced their plans to enter the EV market.
They partnered with BMW for their battery technology and Hofer powertrain.
They have already received a $40m order for these EV’s. This is only one order!!
They partnered with BMW for their battery technology and Hofer powertrain.
They have already received a $40m order for these EV’s. This is only one order!!
They are planning to deliver $50m in sales by Q2 2021 which gives their valuation significant upside.
$700m for GPV
$5.4b for Arrival
$2b for Lion Electric
$BUSXF has more orders and revenue than GP, giving them 3x upside already
$700m for GPV
$5.4b for Arrival
$2b for Lion Electric
$BUSXF has more orders and revenue than GP, giving them 3x upside already
$1B in Potential Production Capacity
“The company is setting up a US headquarters and building a new plant in Washington state.
This new plant will produce over 1,000 buses per year (at roughly $350K per bus = $350MM in revenue).
“The company is setting up a US headquarters and building a new plant in Washington state.
This new plant will produce over 1,000 buses per year (at roughly $350K per bus = $350MM in revenue).
They further have the capacity for an additional 2,000 buses per year through contract manufacturing (which would be an additional $700MM in revenues per year)”
This means they have potential to make 3,000 busses which would gross $1.05B in annual sales.
This means they have potential to make 3,000 busses which would gross $1.05B in annual sales.
Assume deliveries that 2021 revenues come close to $100MM, then a conservative (and current market-based) 10x multiple means that this equates to a $1 billion market cap by the end of 2021, which then equates to roughly $10 per share
Currently $2.46 per share
Currently $2.46 per share
Their full production capacity is 3,000 buses per year which equates to $1B in sales.
Using this same 10x sales multiplier...
At only 50% max. production, they would be $5b or $60+ per share
Using this same 10x sales multiplier...
At only 50% max. production, they would be $5b or $60+ per share
The icing on the cake...
$BUSXF is OTC
They are not NASDAQ listed
This means on Robinhood and Webull alone there are roughly 23 million traders cannot buy in
Imagine the volume spike from retail & institutions
More Eyes = Higher Demand
$BUSXF is OTC
They are not NASDAQ listed
This means on Robinhood and Webull alone there are roughly 23 million traders cannot buy in
Imagine the volume spike from retail & institutions
More Eyes = Higher Demand
Company insiders have bought over 800,000 shares in the past year
