 In this video, I'm going to talk about a penny stock that I think could double fast We're going to talk about an EV penny stock an EV related play and I think it's going to double fast things got a lot of potential I've got a lot of information in this video I've got some research to show you and go through about this stock and why I think that this stocks going to do really well I've got to say I'm not a financial advisor I am a business teacher in my day-to-life, but I'm by no means an expert on the stock market And what I'm going to do is get direct right into the information For you today in the video. Okay, if you leave the video like at some point that'd be fantastic So let's get right into it. So who is it? So who are they? So it's grande west Transportation and the ticker symbol You've got it here in terms of bus XF. Okay, and who are they? They're a Canadian company that designs and engineers mid-sized Multi-purpose transit vehicles for the purpose and commercial enterprises grande west utilizes world-class manufacturing partners to produce the best in class heavy-duty vicinity buses one moment There we go, right I'm back So best in class maintenance best in class structural Durability as well So they're creating these buses and it's not just the EV industry that she involved in they do create Other buses as well, but they are getting more involved into the EV sector now with this being a growing sector What does the vicinity bus entails it entails lower costs lower emissions and it's easier to maintain So it's about reducing costs in terms of transportations Costs here. This is a bus. It's reducing the costs of the running of that bus And that's always good for potential buyers that are looking to reduce costs Within their transportation sector, right? Okay, also an interesting point here was there was an update on the delivery or the deliveries involved here So they've actually had a Canadian manufacturer purpose-built transit vehicles for sale in Canada and the United States Is reported on the current deliveries in the fourth quarter of 2020 and early first quarter of 2021 in the third quarter Management discussion analysis the company promised to provide a corporate update of expected deliveries The company has ordered to deliver over 40 million before the second half of 2021 this is a positive step towards regaining profitability and increased liquidity after the negative results of the pandemic So they actually increase the order sale delivery of nine over 90 buses Okay, they've got in terms of 40 million delivery 40 million pounds pounds 40 million dollars in Delivery potential here and they're increasing the revenue. They're getting more orders and more contracts for their buses Which is really good and they remember this is a penny stock, right? And about Grand Air West so it's a Canadian company that designs engineers and manufacturers mid-sized Multi-purpose transit vehicles for public and commercial enterprises. They've got a range of available here So they've got electrics CNG Gas and clean diesel. So they've got a range of choices here But again, they're moving into the electric vehicle market, which is going to be massive. Okay and then you see here the potential growth in the market and actually This particular bus here and the heavy-duty market They're actually a market leader in Canada for these buses particular heavy-duty buses So they're in a market leader and what do we always say investing companies? whereby they are the market leader in the industry or Market leader in a certain product category shall we say and they are in Canada They're actually expanding to the US. Okay, and they're trying to get orders there as well and deliveries there What does it say? So they do 33% fuel savings and what are the benefits of the bus? So they've got lower capital and operating costs right-sizing your fleet Smoother ride purpose-built and it fits into your community So before we move on to the next part of information and research I've got for you I've got to say thank you to everybody who subscribed to the channel who keeps liking the videos the channel's been growing massively So thanks to everybody who subscribes and keeps liking the videos to get them up into the YouTube algorithm It's very much appreciated. So continue to like the videos much appreciate or get right back into the information So some of the key highlights for this stock here. So what are the key highlights for it? So it's not a startup It's not a company that doesn't have a product yet It has a product it has a product that is selling and they're increasing their revenue on okay, which is important So they've got a proven concept proof of concept in terms of the EV bus in terms of the buses that they're selling and They're actually being able to sell them as well, which is important. So it's not a startup It's established relationship with transit authorities It's achieved of a 90% market share in core products in Canada, which is a massive amount of market share It's almost a monopolization in a way right 90% market share Over 500 vehicles operating Canada alone sales and revenue are reoccurring part of the business So they've got reoccurring revenue, which is really good for the sustainability of the business financially It's currently delivering 50 million in orders 100 buses before Q2 Then you've also got here. It's opening a new manufacturing in the USA headquarters Okay, could because they're expanding to the US they're trying to build up their market share In other areas as well. So expanding into the US and it's a delivered by America compliant buses and it's best in class For testing there and today the electric vehicle market now This is the area which is massive because it's got a huge potential going forward into the future for potential growth, right? And it's a partner with with battery technology from BMW It's bloom bags any estimates to follow in sales of the battery electric buses. So they're looking for 2000 in 2020 25,000 in 20 30 and 75,000 that in 2014 they've got a management team that strong in terms of the built a management team that knows what they're doing Okay to drive the money forward And going into some of the management team you can see a lot of people here with a lot of experience So 30 years of business leadership experience experience public finance executive here You've got a global business person with over 30 years in the construction field 16 years experience So you've got a lot of people here with a lot of experience involved in the management team that he's going to help grow And drive the company forward Another interesting area is the competitive advantage of this particular vehicle It's purpose built love for love law, which is easy entrance. It's purpose built He's got same powertrain He's got same hydraulic brakes, which are easy to operate which is really important for for the bus And it's built to outlast a cutaway bus So it's got some great competitive advantage compared to that the competition out there So that's really important It's really really important. Okay, so so they're actually got a much more unique and a much more Effective bus there and not to mention the fact that the you know the EV versions in of the bus also Reducing the cost in terms of fuel in terms of the running costs, right? It's really important for the transportation Okay, so some of the important products here some of the important benefits of the product, right? What do we have? We've got great products with fantastic Levels of revenue growth that's projected into the future So they're getting revenue and they've got revenue for the future there And they've also got a great product with that They've also got really good competitive advantage in terms of the EV bus vehicles that they've got as well My only concern is scaling the business up in other markets faster than their competitors Now what do I mean by that? It's it's can they dominate the market share In Canada like the but they've done in Canada in other in other areas in terms of US as well Can they dominate that market share as well? Can they go into the other areas and dominate that market share and they've got to scale this up faster than the competition Why because economies of scale the more buses they can build the more buses they can sell The cheaper the base cost of the buses will be because they can do it more wholesale They can get this more supplies in they can do it more efficiently and get the cost down cost of economies of scale to get the cost down Okay, and that's really important and that's going to seek to help them when they're looking to expand Okay, it's not really a negative It's just like a concern in the fact that how fast are they going to be able to scale this up because that's going to Have a direct impact on a potential investment Now the current price is set at $2.54. It's having a tiny dip right now He has been growing, you know pretty pretty nicely over the past few days I do think that this is still really cheap price for this stock I think that it's got a potential to double within the next two to three months very much easily Okay, this is going to double fairly fast and it's got a lot of potential It's going into the EV market with EV buses. It's getting the sales in it's got a good quality product Portfolio already is building up contracts and relationships with with the people that need to do that with So there's a lot of potential for this stock And I just want to put this to your radar and get this on your radar to consider to do a bit more favor research into and Consider this as part of your portfolio Anyway, thank you for everybody for watching this video Please leave the video a like if you found this helpful in some sort of way and also subscribe to the channel If you knew it'd be much appreciated And I'll see everybody in my next video