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UGE International Ltd.

UGE brings solar projects to life by developing, building, and financing the full lifecycle of solar PV systmes for commercial and industril clients. With a track record of successfully executing more that 600 projects, UGE is a North American leader in this industry. UGE grew more than 200% in 2017 as it builds on its early-mover advantage, and sees the industry growing reapidly for many yeards to come as the low cost of solar opens new opportunities for the company.

Expert Comments:

UGE International's commercial operation on first self-financed projects and project backlog currently exceed $100 million.
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Clive Maund,

"A fine tight bull flag/pennant has developed with UGE International Ltd. stock that promises another potentially strong upleg, which is made more likely by the volume dieback of recent days. The company is therefore rated an Immediate Buy here for a significant upleg that looks set to start very soon or immediately."

UGE International reported it has executed agreements to develop, build and finance two community solar projects in the State of Maine.
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Clive Maund,

"With a bulging order book and its debt problems diminishing, UGE International Ltd. is well placed to enter a major bull market, which is what it appears to be doing right now. . .the outlook for the company is now so good that it is thought better not to take profits unless it gets really overbought but rather to buy or add to positions on any significant reaction."

UGE International reports a record gross margin of 58% in the second quarter.
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Clive Maund,

"UGE International Ltd. stock is already turning up from support and is well placed to advance, initially to the resistance at the top of the recent trading range. The factors favorable for immediate advance are the rising 50-day moving average coming into play beneath and the moving average convergence divergence rising through its moving average, with its histogram having climbed back to the zero line, which frequently leads to an advance."

UGE International opens an office in the state to capitalize on the new, growing market.
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UGE International's backlog of contracts in the U.S. and the Philippines increased.
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Clive Maund,

"UGE International Ltd. broke out of a fine head-and-shoulders bottom last week on heavy volume, which is a reliable sign that a new bull market is beginning in the stock. . .apart from more aggressive traders who might want to sidestep that, there is thought to be little point in selling here. Instead, we should aim to utilize any near-term back, back towards the breakout point, to build positions or to buy if we don't already own it."

UGE International reported Q1/20 financial results that included better than expected gross margins and a 139% increase in project backlog.
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UGE International Ltd. reported that it has signed agreements to develop, build and finance three community solar projects in Maine.
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Small-cap UGE International boasts a $50 million project backlog and a $250 million pipeline.
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UGE International completes its transition to working solely on self-developed projects.
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More Expert Comments

Experts Following This Company

Clive Maund –
headshot of Sean Peasgood
Sean Peasgood, President ande CEO – Sophic Capital

The information provided above is from analysts, newsletters, the company and other contributors.

UGE International Ltd. is a former sponsor of Streetwise Reports.The company's sponsorship fees paid for Streetwise Reports to create this "Investor Summary Page," to which links were placed on Streetwise Reports' websites and newsletters. Streetwise Reports did not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

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Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
Value market cap approx. 1/8th of backlog of $83m USD as of 6/30/2020
Building cash flow positive and recurring revenue focused business
Commercial/community solar sector growing rapidly; UGE a leader in its target regional markets
catalyst Calendar
Spotlight on Maine expansion
Reaching $100m in backlog approx. Oct 2020
Profitable quarterly results: Q3 2020 (released Nov 2020)
Closing project financing: tax equity in Oct 2020, Philippines in Sept 2020, and Green Bond in Nov
Profitable quarterly results: Q4 2020 (March 2021)