McCoy Global Inc T.MCB

New info that stood out to me.....

[drunk@noon]

-They will sell 100 FMS this year Only 26 were sold in the first half of the year. That's triple the amount in the second half of the year. And of course if/when the smartCRT is rolled out in numbers there will be a whole lot of catch up.
-They should have enough testing of the fully integrated package done by the END of the YEAR,
so that IF SUCESSFUL they should be able to roll it out at the start of next year.  Before the time frame was testing should be complete by sometime in 2025.
-Something I picked out was magins for the new smart stuff. I always assumed it would be alot higher than  the legacy products. Notice how he said it will be priced for value rather than margin. i..e the margins will be through the roof which make sense as your are selling innovative new tech vs dumb iron, and the cost saving will be through the roof for clients.

[Possibleidiot01]

I think maybe you should relisten to the presentation around the 13.30 mark. What Jim says is that in their budget predictions of 2023 that they budgeted for 40 units to be sold at the end of 2024. Their actual sales are going to be just under 100 . So if you accept there were sales last year ; here's something from November 11 , 2023....  : Reported thirty-nine (39) commercial sales

[laurencelefou]

The SmartTR Integrated Casing Running Package will likely be commercialized next year.  The package will place McCoy Global in a monopoly situation.  If the package is as good as advertised, then the profit margin on a valuable product that has no competition will be high.  The next few years could be very good years for McCoy Global shareholders.