Aside from the other reasons I am very bull on CBR:
'New interest from major aircraft manufacturers, outside the project sponsors'
'The Company expects award of new programs and extensions of existing programs in the second half, both with existing and new customers, and for conventional and EV applications'
'A number of awarded programs are in the key design validation and prototype testing phase, including the previously discussed Premium SUV program and Asian OEM program – all are on track'
Strong momentum is now building from the EV segment, both with conventional OEMs and new ‘pure EV’ entrants.
CBR Price at posting:
$2.40 Sentiment: Buy Disclosure: Held