Sometimes you have to admit it. Things didn’t work out the way you wanted and it’s not great.
That’s what Tim Collins has to say in his space on RealMoney: “Timing is everything.”
Recently Collins wrote that his position in Draganfly DFLYF seemed ready to pay off and pay off quite well. A week later, he hadn’t exactly reversed his position. But he wasn't as happy about Draganfly as he was originally.
“I misjudged the big money demand for both Draganfly and CurrencyWorks (CWRK). I definitely overestimated where I thought money could be raised, how it would be raised, and how it would be structured. I link the two because they have some ownership commonalities.”
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“In terms of timing, trying to be a small cap and uplist with a cap raise (essentially an IPO of sorts), I can't think of a worse time to try and do such a thing in years. OK, so maybe March 2020 was worse … the small cap market has lacked demand for weeks now, and Robinhood's (HOOD) – Get Robinhood Report IPO flopped. Add in the U.S. halting new Chinese IPOs and some illogical trading breaking small caps both on the upside and downside lately and it's an institutional buyer's market.”
Best Small Cap Stocks To Buy For 2023: NewMarket Corporation(NEU)
NewMarket Corporation (NewMarket) (NYSE: NEU) is a holding company and is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). Each of our subsidiaries manages its own assets and liabilities. Afton encompasses the petroleum additives business, while Ethyl represents the sale of tetraethyl lead (TEL) in North America and certain petroleum additives manufacturing operations. NewMarket Development manages the property that we own in Virginia. NewMarket Services provides various administrative services to NewMarket, Afton, Ethyl, and NewMarket Development. NewMarket Services departmental expenses and other expenses are billed to each subsidiary pursuant to services agreements between the companies. Advisors’ Opinion:
- [By Stephan Byrd]
Sino United Worldwide Consolidated (OTCMKTS:SUIC) and NewMarket (NYSE:NEU) are both business services companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, valuation, dividends, institutional ownership and risk.
- [By Stephan Byrd]
Royce & Associates LP increased its position in shares of NewMarket Co. (NYSE:NEU) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,362 shares of the specialty chemicals company’s stock after purchasing an additional 150 shares during the quarter. Royce & Associates LP owned 0.22% of NewMarket worth $10,663,000 as of its most recent filing with the SEC.
Best Small Cap Stocks To Buy For 2023: NCI Building Systems, Inc.(NCS)
NCI Building Systems, Inc., incorporated on December 23, 1991, is a manufacturer and marketer of metal products for the nonresidential construction industry. The Company provides metal coil coating services for commercial and construction applications, servicing customers. The Company design, engineers, manufactures and markets metal components and engineered building systems in the industry. The Company operates in three segments, including metal coil coating, metal components and engineered building systems. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users. The metal components segment products include metal roof and wall panels, doors, metal partitions, metal trim, insulated panels and other related accessories. The engineered building systems segment includes the manufacturing of main frames, Long-Bay Systems and value-added engineering and drafting. The Company consists of a family of companies operating 38 manufacturing facilities spanning the United States and Mexico.
Metal Coil Coating
The Company’s Metal coil coating segment consists of cleaning, treating and painting various flat-rolled metals, in coil form, as well as slitting and embossing the metal, before the metal is fabricated for use by various industrial users. The Company cleans, treats and coats both heavy gauge (hot-rolled) and light gauge metal coils for its other operating segments and for third party customers, who utilize them in applications, including construction products, heating and air conditioning systems, water heaters, lighting fixtures, ceiling grids, office furniture, appliances and other products. The Company provides toll coating services under which the customer provides the metal coil and provides only the coil coating process.
The Company operates six metal coil coating facilities located in six United States. Two of its facilities coat hot-rolled, heavy gauge metal coils and four of its facilities coat light gauge metal coils. The Company process metal coils to supply substantially all the coating requirements of its own metal components and engineered building systems operating segments. The Company also process metal coils to supply customers in different industries.
The Company sells its products and processes to Original Equipment Manufacturer (OEM) customers who utilize pre-painted metal, including other manufacturers of engineered building systems and metal components. The Company’s customer base also includes steel mills, metal service centers and painted coil distributors who in-turn supply manufacturers of engineered building systems, metal components, lighting fixtures, ceiling grids, water heaters, appliances and other manufactured products.
Metal Components
The Metal components segment include metal roof and wall systems, metal partitions, metal trim, doors and other related accessories. These products are used in new construction and in repair and retrofit applications for industrial, commercial, institutional, agricultural and rural uses. Metal components are used in construction applications, including purlins and girts, roofing, standing seam roofing, walls, doors, trim and other parts of traditional buildings, as well as in architectural applications and engineered building systems. The Company’s metal components consist of individual components, including secondary structural framing, metal roof and wall systems and associated metal trims. The Company sells directly to contractors or end users for use in the building industry, including the construction of metal buildings. Specific component products the Company manufactures include metal roof and wall systems, purlins, girts, partitions, header panels and related trim and screws. The Company is focused on developing and marketing new products, such as its Insulated Panel Systems (IPS), Eco-ficientTM panel systems, SoundwallTM, Nu-RoofTM system and Energy Star cool roofing.
Engineered Building Systems
The Company’s engineered building systems consist of engineered structural members and panels that are fabricated and roll-formed in a factory. These systems consist of structural framing, secondary structural members (purlins and girts) and metal roof and wall systems or conventional wall materials manufactured by others, such as masonry and concrete tilt-up panels. Engineered building systems consist of three systems: Primary structural framing, Secondary structural framing and Metal roof and wall systems.
Primary structural framing, fabricated from heavy-gauge plate steel, supports the secondary structural framing, roof, walls and all externally applied loads. Through the primary framing, the force of all applied loads is structurally transferred to the foundation. Secondary structural framing is designed to the primary structural framing and transfer applied loads from the roof and walls to the primary structural framing. Secondary structural framing consists of gauge, roll-formed steel components called purlins and girts. Metal roof and wall systems not only lock out the weather but may also contribute to the structural integrity of the overall building system. Roof and wall panels are fabricated from light-gauge, roll-formed steel in many architectural configurations. Accessory components complete the engineered building system. These components include doors, windows, specialty trims, gutters and interior partitions. The Company operates eight facilities for manufacturing and distributing engineered building systems throughout the United States and Monterrey, Mexico.
Advisors’ Opinion:
- [By Stephan Byrd]
Shares of NCI Building Systems Inc (NYSE:NCS) have earned an average recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $19.40.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on NCI Building Systems (NCS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
NCI Building Systems Inc (NYSE:NCS) was the target of unusually large options trading on Tuesday. Stock traders bought 1,048 put options on the company. This represents an increase of 1,356% compared to the typical daily volume of 72 put options.
- [By Stephan Byrd]
NCI Building Systems (NYSE:NCS) issued its earnings results on Tuesday. The construction company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03, RTT News reports. The firm had revenue of $548.50 million for the quarter, compared to the consensus estimate of $534.27 million. NCI Building Systems had a net margin of 1.92% and a return on equity of 23.45%. The business’s revenue was up 16.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 earnings per share.
Best Small Cap Stocks To Buy For 2023: CareDx, Inc.(CDNA)
CareDx, Inc., a molecular diagnostics company, focuses on the discovery, development, and commercialization of diagnostic surveillance solutions for transplant patients in the United States and internationally. The companys commercialized testing solution includes the AlloMap heart transplant molecular test (AlloMap), a gene expression test that helps clinicians monitor and identify heart transplant recipients with stable graft function who have a low probability of moderate/severe acute cellular rejection. It is also developing AlloSure, a next-generation sequencing-based test to detect donor-derived cell-free DNA after transplantation. The company markets its AlloMap solution to healthcare providers through its direct sales force that targets transplant centers and their physicians, coordinators, and nurse practitioners. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. CareDx, Inc. was incorporated in 1998 and is headquartered in Brisbane, California.
