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Bullboard - Stock Discussion Forum McCoy Global Inc MCCRF


Primary Symbol: T.MCB

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry... see more

TSX:MCB - Post Discussion

McCoy Global Inc > Q2 results
View:
Post by Possibleidiot01 on Aug 13, 2020 9:32am

Q2 results

Interestingly the company has more cash now than last quarter - $10.3 milllion versus 9.1 million.
More analysis later .
Overall first impression is the company is in good shape.
The decline in book to bill is a little concerning , down to .39  to 1. Orders after the quarter push that up to .5 to 1. McCoy has always had fluctuating book to bill ratios
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