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PermaFix Environmental Services Inc

PermaFix Environmental Services Inc (PESI)

15.08
-0.23
(-1.50%)
At close: November 08 4:00PM
15.08
0.00
( 0.00% )
After Hours: 4:30PM

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PESI News

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PESI Discussion

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tigerpac tigerpac 1 week ago
Guess it's not all about Hanford. 

Perma-Fix was part of winning consortium for DOE West Valley, NY nuclear waste remediation site.

$3 billion, 10 year contract.
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tigerpac tigerpac 1 week ago
Touching all time highs here. Not expecting good earnings but it's really all about how much of the Hanford small business contract they get. And perhaps some news about reopening of old nuclear reactors and building of new ones.
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rrat02 rrat02 3 months ago
Relentless upward move and with decent volume. Have not seen or heard any news but I it seems safe to say that somebody thinks that they know something positive is going to happen.
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tigerpac tigerpac 4 months ago
Trying to find a bottom hopefully. A 40% pullback after the ill timed, heavily discounted 2 million share offering, followed by a weak quarterly report. Will a change of administration further punk this company?
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tigerpac tigerpac 4 months ago
Looks like end of the month fund buying and selling, hence the large volume.
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tigerpac tigerpac 4 months ago
Traded several short term opportunities after the heavily discounted offering. I don’t like paying short term cap gain taxes but some opportunities are too good when getting 15% price moves. Still have a core position as this has become a late 2024/2025 story. Yes the years keep getting pushed back due to govt indecision, red tape. But barriers to entry are extremely high when dealing with nuclear waste.
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tigerpac tigerpac 7 months ago
The 20 dma was a lot lower than the actual price a few days ago so there was room for profit taking. Don’t take that into account when I made the previous post. My bad. See what happens at the 11 support level.
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tigerpac tigerpac 7 months ago
Some investors like to sell when they have quick gains thinking that they will buy back in if the price drops lower. However, I’ve found that the really large gains come from resisting that temptation. Remind yourself about the long term potential. Plus I hate paying short term capital gain taxes….almost double the long term rates.
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tigerpac tigerpac 7 months ago
Great news!

https://www.globenewswire.com/news-release/2024/04/03/2856931/0/en/Perma-Fix-Successfully-Completes-Pilot-Plant-Testing-and-Unveils-New-Process-for-Destruction-of-PFAS-Forever-Chemicals.html
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rrat02 rrat02 7 months ago
Aaron Warwick just posted another update. Does let you read some of it. I'm not a subscriber so can't read the rest. Appears to be focusing on the treatment for "forever" chemicals.
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tigerpac tigerpac 10 months ago
Perma-Fix Joint Venture Receives Formal Award of European Waste Treatment Contract Valued at up to EUR 50 Million
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tigerpac tigerpac 1 year ago
Perma-Fix Joint Venture Awarded $40 Million, 5-Year USACE Contract for Environmental Remediation at the Niagara Falls Storage Site


Yay…a contract win from US Army Corp of Engineers!
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tigerpac tigerpac 1 year ago
Revenue increased 29%, gross profits increased 56% in Q2.

Company looks like it is turning the corner and starting consistent profits. Backlog is solid and Hanford may be nearer than we think (although end of 2024!seems a long time off). Enough contracts getting awarded presently. Small jobs in this business can turn into large jobs at any time because pollution/ contamination is always greater than originally estimated.
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tigerpac tigerpac 1 year ago
How disappointing this decline is but added more today at 9.50.
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tigerpac tigerpac 1 year ago
I’ve been staircase buying from 8 to 12 over the last two months. Tank farm contract is being appealed and other contract ms to be announced soon. They also have an offering in place.
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tigerpac tigerpac 2 years ago
Was not part of winning consortium for tank farm contract. However, will likely pick up some of the revenue as part of β€œsmall business” clause in these contracts. It’s for lower margin service revenue rather than the higher margin treatment revenue that Hanford entails.

Nonetheless picked up some shares under 9 but only a partial order was executed.
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tigerpac tigerpac 2 years ago
The day a contract gets announced this stock will pop to $15-16 and won’t look back.

Can’t believe there is only a couple of posters in this stock. Every else is chasing the junky sub-Pennys.
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tigerpac tigerpac 2 years ago
A couple long term groups in this stock along with a new institution .

Go to Seeking Alpha or Yahoo Finance for detailed conversations.

Most people will miss the boat if relying on the conversation here. I tried but talking to myself is like talking to my dogs.

The barrier to entry in this business is huge. Just waiting for more contracts. Lot of political and regulatory hurdles but it will happen.
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tigerpac tigerpac 2 years ago
Some investors are modeling price target to be minimum $48. Perhaps as high as $200 based upon insane amount of gallons of nuclear waste at Hanford that need to be treated.

Contracts to be awarded soon although in this industry β€œsoon” has its own special definition.
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rrat02 rrat02 2 years ago
Own it as well. Miracle rally from where the price was 2 months ago.
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tigerpac tigerpac 2 years ago
Looks like some news may be announced any day given the 10% move so far today.

On an island by myself with this stock.
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tigerpac tigerpac 2 years ago
After a consolidation between 6.30-7.00 , stock is breaking out on volume and set to challenge its January 2021 high of 8.

Not much in the way of short interest. Only 13.3 million shares outstanding.
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tigerpac tigerpac 2 years ago
Perfect scenario for PESI to be involved with the Ohio train derailment.
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tigerpac tigerpac 2 years ago
Up 50% over last two plus trading days on no news. Volume has been well above average. Hmmm, perhaps there is a contract announcement on the horizon?
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tigerpac tigerpac 3 years ago
This is another hidden gem if the company can just get noticed. Been waiting for a large superfund contract in an industry where government just likes to kick the can down the road. At some point there will be a major nuclear accident that brings to light all the foot dragging that has occurred. Investors are too distracted by crypto stocks and trying to make the quick buck.

Sometimes good things happen to those who wait.
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tigerpac tigerpac 3 years ago
Golden Gross happening tomorrow (50 dma crossing thru 200 dma). Just need to see some volume however.
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tigerpac tigerpac 3 years ago
Company did a 1 million share public offering yesterday at $6.20 per share and stock advanced over 10% on the news. Total OS shares went from 12.2 million to 13.2 million (excluding incentive grants). All the recent contract wins probably necessitated the following upgrades.

Perma-Fix plans to use the aggregate net proceeds of approximately $5.8 million from the offering primarily to fund general growth capital as well as for general corporate purposes and working capital. Growth capital initiatives include, but are not limited to, expansion activities and upgrades at its four treatment facilities and related to the Test Bed Initiative.

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yielddude yielddude 3 years ago
All Phase Services Inc.,* Delray Beach, Florida (W912DY-21-D-0121); North American Dismantling Corp., Lapeer, Michigan (W912DY-21-D-0120); Prism, Export, Pennsylvania (W912DY-21-D-0118); and Perm-fix Environmental Services Inc., Atlanta, Georgia (W912DY-21-D-0119), will compete for each order of the $95,000,000 firm-fixed-price contract for demolition and abatement of excess facilities. Bids were solicited via the internet with 13 received. Work locations and funding will be determined with each order, with an estimated completion date of April 18, 2026. U.S. Army Corps of Engineers, Huntsville, Alabama, is the contracting activity.

https://www.defense.gov/News/Contracts/Contract/Article/2790164/

Contracts For Sept. 27, 2021
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tigerpac tigerpac 3 years ago
Only 12.2 million shares outstanding. Could rocket at any moment if they keep piling up the contract wins. CEO has said they got carpal tunnel from writing so many proposals over the past few years.

On September 20, 2021 Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the β€œCompany”) today announced that it has been awarded a total of approximately $50 million in contract awards during the third quarter of 2021, to be recognized over the next 18 to 24 months.
Mark Duff, Chief Executive Officer, stated, β€œI am pleased to report we have been awarded 3 contracts totaling approximately $50 million just since the end of the second quarter of 2021, including a single project valued at nearly $40 million we received last week. These new contracts, supporting the U.S. government, significantly enhance our project backlog within the Services Segment, now estimated at $74 million heading into the fourth quarter, and further validate our technical and service capabilities, as well as illustrate the success of our efforts to enhance our bidding organization. In addition to these latest awards, we are encouraged by our growing sales pipeline in both the nuclear services and waste treatment segments that will position Perma-Fix for solid growth in 2022.”

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tigerpac tigerpac 3 years ago
Stock price popped above 7 after hours....finally some of the proposals are being awarded to Perma-Fix.
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yielddude yielddude 3 years ago
$PESI Perma-Fix Environmental Services Inc., Oak Ridge, Tennessee, is awarded a $39,998,941 firm-fixed-price contract for maintenance and modernization aboard Ex-McKee (AS-41) during the fiscal 2021 decontamination availability at Norfolk Naval Shipyard. Work will be performed in Portsmouth, Virginia, and expected to be completed by September 2023. Fiscal 2021 operation and maintenance (Navy) funds in the amount of $39,998,941 will be obligated at the time of award and will expire at the end of the current fiscal year. This contract was competitively procured. Norfolk Naval Shipyard, Portsmouth, Virginia, is the contracting activity (N42158-21-C-0004).
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tigerpac tigerpac 3 years ago
New 6.5 million contract awarded to Pesi. Covers the next nine months.

This company is so under the radar and float is so tight that when infrastructure money gets awarded for all the Superfund remediation work that has been pushed down the road for the past five years (at least) the stock could explode.
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tigerpac tigerpac 3 years ago
Such an underfollowed company in an industry where projects get regulatory delay after delay. Govt has to force cleanup of Superfund sites. Can't just let radioactive waste sit at these sites forever. Must get disposed of properly.
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Think1st Think1st 4 years ago
Very interesting co. Seems you might be onto something BIG
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tigerpac tigerpac 4 years ago
Get ready for liftoff....Monday was up 10%, today tested that gap and actually closed up a few pennies. This could be a double or triple from here.
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tigerpac tigerpac 4 years ago
This is a hidden gem company imo. At some point this country's radioactive waste at Superfund sites are going to have to be disposed of properly instead of sitting at those said sites. They can't delay for much longer.

Perma-Fix Environmental Services, Inc. is a nuclear and waste management services company, and a leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S Department of Energy (β€œDOE”), the U.S Department of Defense (β€œDOD”), and the commercial nuclear industry. The Company’s nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities, nationwide
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tigerpac tigerpac 4 years ago
With the new President coming in, look for environmental regulations to be tightened up again. PESI is in a prime spot with their nuclear and medical waste disposal services.

I expect to see the stock at $10 by beginning of June.
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JefftDecker JefftDecker 5 years ago
thanks for reminding me

almost forgot this one, cheers.

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k-shyne k-shyne 5 years ago
interesting stuff
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JefftDecker JefftDecker 5 years ago
looks like PESI on nobodys radar screen

something i like

http://schrts.co/NzKIYieb

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TrendTrade2016 TrendTrade2016 5 years ago
PESI up 1.50 for the week and not stopping anytime soon.
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TrendTrade2016 TrendTrade2016 5 years ago
PESI tearing up the 9.00s
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whytestocks whytestocks 5 years ago
News: $PESI Perma-Fix Announces New $15 Million Contract Award

ATLANTA, GA / ACCESSWIRE / December 23, 2019 / Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it has been awarded a new contract, as part of a Joint Venture ("JV"), in its Services Segment valued at approximately $15 million over the next 18 months with ...

In case you are interested PESI - Perma-Fix Announces New $15 Million Contract Award
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TrendTrade2016 TrendTrade2016 5 years ago
PESI here comes 8 bucks. BOOM
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TrendTrade2016 TrendTrade2016 5 years ago
PESI unstoppable
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TrendTrade2016 TrendTrade2016 5 years ago
PESI breakout!!! boom...what a beast!!
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TrendTrade2016 TrendTrade2016 5 years ago
PESI low vol surge...its a beast!!!
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TrendTrade2016 TrendTrade2016 5 years ago
PESI. Boom monster in the making
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TrendTrade2016 TrendTrade2016 5 years ago
PESI monster call again...boom!
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TrendTrade2016 TrendTrade2016 5 years ago
PESI on the verge of greatness. Breakout is in!
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