NEW: No-Cost StreetSmart Live! Events. This type of intellectual capital is usually not made available to the general public. Learn More
UGE:TSX.V; UGEIF:OTCQB

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.
UGE:TSX.V UGEIF:OTCQB

Expert Comments:

Clive Maund, CliveMaund.com

(9/28/20)
"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.
read more >

Clive Maund, CliveMaund.com

(9/13/20)
"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.
read more >

Clive Maund, CliveMaund.com

(8/25/20)
"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.
read more >
UGE International's backlog of contracts in the U.S. and the Philippines increased.
read more >

Clive Maund, CliveMaund.com

(7/5/20)
"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.
read more >
UGE International Ltd. reported that it has signed agreements to develop, build and finance three community solar projects in Maine.
read more >
Small-cap UGE International boasts a $50 million project backlog and a $250 million pipeline.
read more >
UGE International completes its transition to working solely on self-developed projects.
read more >
UGE International also completed several projects during the quarter.
read more >
This project, along with two other new projects, increases the company's order backlog by 65%.
read more >
The largest project is 12–15 times the size of its average installation.
read more >

More Expert Comments

Experts Following This Company

Clive Maund – CliveMaund.com
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.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

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
Q3
2020
Spotlight on Maine expansion
Q4
2020
Reaching $100m in backlog – approx. Oct 2020
Q4
2020
Profitable quarterly results: Q3 2020 (released Nov 2020)
Q4
2020
Closing project financing: tax equity in Oct 2020, Philippines in Sept 2020, and Green Bond in Nov
Q1
2021
Profitable quarterly results: Q4 2020 (March 2021)