BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

ECVT: Rearranging the Year, Not Cash Flow

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>ECVT has navigated a challenging 2023, marked by unforeseen external factors that have made accurate quarterly forecasting a formidable task</li>
<li>As the year comes to a close, ECVT is seizing an opportunity during the seasonal refinery downtime to expedite its capital expenditure plans from 2024.</li>
<li>ECVT reported third quarter sales of $173.3 million compared to our estimate of $171.3 million. The miss was the result of greater than expected slowdown in ecoservices segment</li>
</ul>


ECVT has navigated a challenging 2023, marked by unforeseen external factors that have made accurate quarterly forecasting a formidable task
As the year comes to a close, ECVT is seizing an opportunity during the seasonal refinery downtime to expedite its capital expenditure plans from 2024.
ECVT reported third quarter sales of $173.3 million compared to our estimate of $171.3 million. The miss was the result of greater than expected slowdown in ecoservices segment


Ecovyst

ECVT: Investing for 2024