Grass-Roots-Research (Grass-Roots-Distribution.com) Issues Positive Research Report on Atlantic Energy Solutions, Inc.
May 27 2009 - 9:00AM
Marketwired
Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) announces the
release of a positive 20 page research report. The report was
written by the nation's leading micro-cap research firm,
Grass-Roots-Research (Grass-Roots-Distribution.com). The report can
be viewed on: http://www.grass-roots-distribution.com/cgaq-home.php
and states:
Forecast, Valuation and Target Price
-- We expect stand-alone revenues of $39 million for FYE 2009 and more
than $223 million for 2013. These projections are based on the Company's
current order book and pipeline of opportunities.
-- We have valued the stock using our Discounted Cash flow (DCF) method
to arrive at long-term price target of $1.04, reflecting forward P/E
multiples of 11.9x and 4.0x our estimated FYE 2009 EPS and FYE 2010 EPS,
respectively.
-- Our short-term price target of $0.54 and intermediate-term price
target of $0.87 is derived using the multiple based valuation approach
which uses the Price-to-Earning and Price-to-Book Value ratios.
-- Even based on our most conservative valuation target, AESO common
stock is valued at $0.71, which represents a significant upside over the
current market price of $0.14.
Company Description
-- Atlantic Energy Solutions, Inc. is a globally accredited Energy
Efficiency and Resource Company engaged in identifying, financing and
implementing energy conservation projects using industry standards and the
latest Green Technologies.
-- The Company's services designed to improve the overall efficiency of
energy, water usage and renewable resources, are predominantly used to meet
the demands of healthcare, municipality, educational and
commercial/industrial building owners.
-- Alternative Energy's efficiency solutions achieve positive cash flow
by reducing energy consumption and maintenance expenses; and increasing net
revenues. The Company uses a streamlined approach by providing facility
improvements through a single contract.
-- The NAESCO accreditation demonstrates that AESO has the technical and
managerial competence to develop comprehensive energy efficient projects
and provide a full range of services. This accreditation allows Atlantic
Energy to bid on large state, federal and commercial energy projects.
About Atlantic Energy Solutions, Inc.
Atlantic Energy Solutions is a globally accredited Energy
Efficiency and Resource Company and member of NAESCO
(www.Naesco.org) that identifies, implements, and finances energy
efficiency projects designed to improve the overall efficiency of
energy, water usage and renewable resources, reducing our
dependency on foreign oil and diminishing our carbon footprint.
Headquartered in Saratoga Springs, NY and with satellite offices in
Orlando Fl and Fairfield, NJ, Atlantic Energy Solutions assesses
the energy demands and usages of municipal, corporate and
industrial complexes to improve conservation and apply measures to
bolster savings at the consumer level.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Atlantic Energy Solutions Inc., and members
of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include, but are not limited to,
fluctuation of operating results, the ability to compete
successfully and the ability to complete before-mentioned
transactions. The Company undertakes no obligation to update or
revise any forward-looking statements.
Contact: Rich Inza ir@atlanticenergy.net 1-866-788-1600
www.atlanticenergy.net
Atlantic Energy Solutions (PK) (USOTC:AESO)
Historical Stock Chart
From Dec 2024 to Jan 2025
Atlantic Energy Solutions (PK) (USOTC:AESO)
Historical Stock Chart
From Jan 2024 to Jan 2025