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

ECVT: Another Pushout in Story, PT to $12

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>ECVT reported third quarter results proving the business can move past one-time events and generate positive free cash flow.   </li>
<li>Third quarter results showed a normalized period where ecoservices revenue grew sequentially. This business continues to show consistent results.   </li>
<li>ECVT added more than $40 million to its cash balance between the two quarters and is poised to add another $20 million to $30 million in the fourth quarter. </li>
</ul>


ECVT reported third quarter results proving the business can move past one-time events and generate positive free cash flow.   
Third quarter results showed a normalized period where ecoservices revenue grew sequentially. This business continues to show consistent results.   
ECVT added more than $40 million to its cash balance between the two quarters and is poised to add another $20 million to $30 million in the fourth quarter. 


Ecovyst

ECVT: Regenerating Free Cash Flow