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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 Aug 09, 2024 8:33am
421 Views
Post# 36171002

Q2 report out, and it looks great!

Q2 report out, and it looks great!In my opinion, I think it is a great report, with many good things to come fully described and stated within. The sales were very close to my projections of $20.1 million at $19.9, with earning per share bang on my numbers of $0.12 per share. According to what I predict, this should yield 2024 YE sales of $87.1 million, with net earnings per share of $0.46. That would be great, with MCB management doing exactly what they said they would do. Increase sales, profits and net earnings with their new TRS Systems. I believe they also addressed some of the issues and problems that had been brought up on this board. So, I believe it is onward and upward from here on their steady rise to a much higher share price. Well done MCB.

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