05-15-2021, 12:43 AM
$ALTO Alto Ingredients: The Future Is Bright $PEIX - Institutional Investors are buy
<!-- SC_OFF --><div class="md"><p>Alto Ingredients ($ALTO), the artist formerly known as Pacific Ethanol (PEIX), has undergone a complete transformation since the Covid-19 pandemic began that transcends their name change. With over $200m of net debt and barely any EBITDA or cash flow to speak of, the business has turned around to generating over $65m of EBITDA in FY20 and nearly being net cash positive. Potentially due to being caught in the "post-Covid losers basket", the share price has been hammered in recent months, and they went back below $5 for the first time in months.</p> <p>Read here for DD: <a href="https://seekingalpha.com/article/4426734-alto-ingredients-future-bright-specialty-alcohol-pivot">https://seekingalpha.com/article/4426734-alto-ingredients-future-bright-specialty-alcohol-pivot</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/luxirare"> /u/luxirare </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ncb3mc/alto_alto_ingredients_the_future_is_bright_peix/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ncb3mc/alto_alto_ingredients_the_future_is_bright_peix/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Alto Ingredients ($ALTO), the artist formerly known as Pacific Ethanol (PEIX), has undergone a complete transformation since the Covid-19 pandemic began that transcends their name change. With over $200m of net debt and barely any EBITDA or cash flow to speak of, the business has turned around to generating over $65m of EBITDA in FY20 and nearly being net cash positive. Potentially due to being caught in the "post-Covid losers basket", the share price has been hammered in recent months, and they went back below $5 for the first time in months.</p> <p>Read here for DD: <a href="https://seekingalpha.com/article/4426734-alto-ingredients-future-bright-specialty-alcohol-pivot">https://seekingalpha.com/article/4426734-alto-ingredients-future-bright-specialty-alcohol-pivot</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/luxirare"> /u/luxirare </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ncb3mc/alto_alto_ingredients_the_future_is_bright_peix/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ncb3mc/alto_alto_ingredients_the_future_is_bright_peix/">[comments]</a></span>Kind Regards R