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Bullboard - Stock Discussion Forum McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

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 > If you want to know the reasons?
View:
Post by Angles on Jun 01, 2021 5:13pm

If you want to know the reasons?

If you want to know the reasons why;

So much more volume has traded lately,

Why MCB is trading at new higher prices,

And why it is headed much, much higher,

Please take a look at the latest presentation:

https://mccoyglobal.com/mccoy/Files/MCB_Presentation_May2021.pdf

McCoy Global - 5 Year Target - $100 Million in revenue by 2025

With 70% of that in new product revenues & 35% EBITDA Margins 

They will announce several new sales in the next quarters along with two major contract awards later this year.

They are currently in protoype testing with the second and third new products with good feed back from their customers!

The forth and final big new product will come out in 2023 and make a complet system available for many new customers. This will help them attain their sales goals.

All product developments, launch and finacial plans remain on track.

I personally have loaded up recently. A great future BUY in my opinion.

Comment by Possibleidiot01 on Jun 02, 2021 6:30am
Thank you fo rpointing out the new presentation and that revenue prediction. The previous presntation was about financial strength ; the current one is about a 5 year plan and what we should expect on the way. Intrigued by what you say about two major contract awards later in the summer. Congratulations on your purchases.
Comment by Angles on Jun 02, 2021 7:43am
I am not the only one reporting this. It is in a letter from the CEO as well. Here is a partial insert of that letter; "2021 will be a pivotal year as several of our new digital products become commercial. Our team is fully committed to growing market adoption and delivering results from these investments. In addition to McCoy OnDemand, we launched our first digital product Virtual Thread ...more  
Comment by Possibleidiot01 on Jun 02, 2021 8:40am
It's amusing that i don't remember  that detail   in the CEO's letter to shareholders on April 13th that I posted. Oh lord, moe coffee. 52 week high yesterday.
Comment by Angles on Jun 02, 2021 9:38am
Yes, and a lot more new 52 week highs to come this year!
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