KIGRY - Ballard Power Opens A New Chapter In China - Again
Note:
I have covered Ballard Power (BLDP) previously, so investors should view this as an update to my earlier articles on the company.
After a great run in 2017, Ballard Power's stock has performed poorly so far in 2018 with shares down more than 25% until Wednesday's announcement as investors continued to be disappointed about the projected material decline in revenues from the company's, by far, most important market: China.
As tens of millions of high-margin technology transfer revenues recognized in 2017 won't repeat this year, the company's China revenues will be almost