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Beam Global (BEEM)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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29.32+0.59 (+2.05%)
As of 10:17AM EDT. Market open.
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  • P
    ParflipE
    How come no one is talking about this. One of the most shorted stocks atm. Im betting big on this.
  • F
    Fedi
    240M Cap
    25M Cash
    75M backlog orders
    10 Baggers potential
  • A
    ANTHONY
    Patience grasshopper, Patience! Great things will come in time….
  • 💰💰💰
    50% own by institutions
    Blackrock also own it
  • T
    TobeorNot
    Some more news of more orders, link below. So what's really new here? This is nothing new to shareholders BUT i'd like to highlight a few critical points in the release.

    "The system was funded in part by grants from the Santa Barbara County Air Pollution Control District (APCD) and California Governor’s Office of Emergency Services (Cal OES), and was purchased through California Contract #1-18-61-16 which simplifies the procurement process and ensures best pricing."

    "The City of Goleta’s EV ARC™ unit is equipped with a ChargePoint™ Dual Port charger and can power up to 265 e-miles of driving in a day."

    As most of you are aware, Practically 100% of their orders & customers are some form of Gov't. Therefore i assume that when that humongous infrastructure bill is passed, it should green light EVERY local/State Gov't in the country & give themv the go ahead to purchase one of these systems. Another interesting thing to note here, It's a ChargePoint system....again! From a ChargePoint stance, this would be a very attractive & accretive acquisition for them in the future.

    https://finance.yahoo.com/news/city-goleta-ca-orders-beam-120000024.html
  • C
    Carpe Diem
    Desmond is better at generating orders than delivering units to customers. Production last quarter was 2-3 ARC units per week producing just over $2 mm of revenue for the quarter. Desmond told investors the current facility has the capacity to do $4mm per quarter. Is it running at this rate? How will the company deliver on $75 mm backlog if constrained to $4 mm per quarter? The answer -- find an equipment fabricator to contract manufacture the units. Meanwhile ChargePoint and Blink are doing land grabs on EV chargers, so Desmond needs to act fast. The next few years should be great from a percentage revenue growth perspective -- but if they keep selling the units at below cost, this will be risky. COmpanies like Bloom and Capstone sold equipment below cost (negative gross margin) for several years before getting to scale where they could get positive (but hardly great) margins. Beam has a sexy story, but ultimately ROIC matters. There are lots of ways to charge EVs and the ARC system is one alternative that fits a nice niche.
  • A
    ANTHONY
    I can not fathom the amount of shares that are short! Any large orders or extraordinarily good news could send this stock up and I mean way way up!
  • D
    Daulet
    Important information, yesterday BPT passed the resistance level. recommendation to buy at current prices. potential 350% !!! buy and hold !!!
  • A
    ANTHONY
    You might want to check out the Yahoo Finance S & P Global Market Intelligence report on overly short consumer companies. BEEM is mentioned. We may see some upside activity!
  • P
    Ploria
    I think I am going to call investor relations and ask how come they are not hiring? What are they doing to increase their production capabilities.
  • T
    TobeorNot
    Not sure how much this is worth.....release below.....in terms of bottom line BUT it's another front where the company can increase sales & potentially extract more revenue . So at the bear minimum, another notch in the company's belt & another step forward for company recognition across the world.

    https://finance.yahoo.com/news/beam-global-issued-chinese-patent-120000474.html
  • B
    Bhupinder
    Go to 35
  • R
    Robert
    these chargers are only good at places where people are planning to stay for at least 5+ hours or in remote locations where there are no other options
  • E
    Eddy
    Bought 100 more shares, now holding 700 shares @ $32.66. Thinking to buy at least 50 - 100 more to bring down my avg
  • T
    Tom
    Time is the key. I won't need the money invested in BEEM stock for 10 years. Don't worry about dips except for buying more on such dips. Time....... Let this fishnet soak for years, and the catch with be spectacular in my humble opinion.
  • A
    ANTHONY
    Hurricane in NORTH EAST OF AMERICA! Possible electric power outage? What are the corporate and government leaders waiting for? Electric cars need fuel! Beam Global has the answer.GO BEEM
  • T
    TobeorNot
    More news and what do you know?......More orders. This is becoming so much a daily occurrence & almost common place with Beam that's it's desensitizing investors towards the company's huge potential. How many companies do you guys know that receive orders on a steady weekly basis? Yeah, i know what some of you guys are going to say, it's only one unit orders, small contracts.....BUT i'll say this to counter that argument. Even if these cities or small local communities are only ordering one unit each, how many of these communities or cities are in California alone let alone that whole country? Thousands! That's how many.

    I think this is just a "dip your toes" phase for most of these cities or communities and if they like what they see & how the tech works including having the budget for these items.......these orders will most likely substantially increase in volume in the not to distant future. On another note, i also noticed that ChargePoint is getting the lion's share of having their chargers being tacked on them. How long do you guys think it will take before one of these large EV charging companies like ChargePoint, Blink or even Tesla start to notice the trend.....and Beam?

    https://finance.yahoo.com/news/city-racine-wi-deploys-beam-120000872.html
  • E
    Eddy
    One of the most shorted stock
  • W
    W
    230M Cap
    25M Cash
    75M Backlog
  • C
    Charles
    This is my green tech investment. I do believe for EV infrastructure to be universal, BEEM should become a leader. My opinion