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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.


TSX:MCB - Post by User

Post by Angleson Jun 01, 2021 5:13pm
352 Views
Post# 33307747

If you want to know the reasons?

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.


 

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