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

Renewable Energy Group (REGI):  Sell Short

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

Renewable Energy Group / Equity Bottom-Up

<ul>
<li>REGI being bought by CVX for $61.50 per share in cash</li>
<li>We believe the valuation of approximately $3 billion is high enough to deter another bidder from surfacing</li>
<li>At $61.50, REGI’s stock returned 265.4 percent since we initiated coverage on April 24, 2019, and 44.9 percent on a year-to-date basis</li>
</ul>


REGI being bought by CVX for $61.50 per share in cash
We believe the valuation of approximately $3 billion is high enough to deter another bidder from surfacing
At $61.50, REGI’s stock returned 265.4 percent since we initiated coverage on April 24, 2019, and 44.9 percent on a year-to-date basis


Renewable Energy Group

REGI: Buyout! Dropping Coverage