Mace Security International Inc (MACE)

[TheMonolith]

Has the Amazon storefront always looked as nice as it does right now?

[lolabean]

Please provide a link for job postings for a third shift

[gilead23]

Slowly chewing through that wall at .44

And they are still posting jobs for a third shift, and products still being sold out on Amazon although not as consistently.

[gilead23]

It’s certainly common enough. The mentality isn’t necessarily wrong given everyone’s circumstances are different.

I’ve been on the other side of those paring events where I recognize something is cheap, but for various reasons specific to my situation need to pare some anyway.

Ideally this would just be a rebalancing.

[TheMonolith]

I've run into legacy shares like this a few times before. Annoying, but it gives everyone a chance to load shares at a reasonable price. The old mindset or liquidity needs can't make them realize the story has changed.

[gilead23]

My money says Merlin partners/Barone. No other known large holders out there and they have likely been holding their shares for at least 6 years. Haven’t gone back to see when they were acquired. Probably looks like a liquidity event lately on dead money to those guys. Under previous management this thing went nowhere for years.

[db7]

yeah another 100k seller at .44 today; was hoping the 50k and 100k sellers were done but apparently not yet

still love the play

g/l!

[gilead23]

Another third shift job posted today

https://jobsearcher.com/j/third-shift-warehouse-assembly-at-mace-security-international-in-cleveland-oh-7ZjxJV

I think the next catalyst is an announcement of a third shift. I would expect there would in fact be a PR for that event. Hopefully that cleans out a seller and pushes this to new highs.

[gilead23]

I haven’t looked at home security but first blush reaction?

Low margin commodity business with no moat waiting to be disrupted. I bet the makers of steel bars for windows are thriving though.

[TheMonolith]

Agreed. The demand for non lethal defense should be high for the next several years.

Do you have thoughts on investing in home security services like ADT?

[gilead23]

This is why MACE has huge tailwinds that will likely continue

"There were 242 shootings in August alone, an increase of 166 percent from August 2019, the department said."

https://www.nbcnewyork.com/news/local/nycs-violent-crime-continued-extended-surge-in-august-nypd-stats-show/2601738/

Or this

"From May to June 2020, homicides in 20 major US cities increased by 37%, led by Chicago, Philadelphia and Milwaukee, according to new data from the nonpartisan Council on Criminal Justice (CCJ) think tank. Aggravated assaults jumped by 35% over the same period of time, while other types of crime were down."

https://www.cnn.com/2020/08/16/us/violent-crime-soars-confidence-in-police-takes-hit/index.html

Does anyone really believe violent crime and fear of crime is going to be going down in this environment? Searches for mace and pepper spray on google continue to be extremely elevated from their historical numbers.

[gilead23]

Autozone is carrying mace products btw.

As far as national auto retailers that is a good customer to have.

[gilead23]

I think blindman is right about one thing

There is share overhang in this area. I think a PR about adding a third shift along with some assessment of order trends might break through that wall.

[ABBAZABBA]

Totally agree. This is fantastic. Thank you for the Insight.

Go MACE. This ticker has all the makings!!!!!!!!!!!!!!

[TheMonolith]

Great info gilead! Fits my general feeling that MACE is worth at least $1 today, and in the right scenario that I think is brewing, could run to $1.50-2.00.

[gilead23]

MACE notes from today

I did a one on one as part of the LD Micro conference with management. The most relevant thing to people here is probably revenue capacity at their existing facility which he estimates at 35 million annually. That could probably give us a rough guess of where revenues trends are given the third shift that apparently is being added.

Assume 3 million a shift. They have 2 shifts today and from job postings are in the process of adding a third. That tells me we may see revenue in the 6 million range for Q3 give or take. The fact that they are adding permanent jobs for a third shift suggests they think the permanent run rate is north of 6 million a quarter. I'm assuming about 5.5 million and modeling for .015 a share in Q3. Assuming they are correct about demand trends Q4 would be stronger than that.

They have had some successes with the personal safety section in retail stores although they aren't naming stores. To me this is a significant opportunity. I can envision gas stations, sporting goods stores, and others with personal safety product sections. Successes would be used to market to new retail locations.

They are looking for a permanent CFO so IMO we are going to see some expense bump around that but my impression is as a percent of sales we shouldn't be seeing increases and given revenue bumps it will probably fall.

They did have some supply chain issues around covid and are looking for alternative sources to buffer any potential issues with that. Still think this is undervalued and will see a bump maybe over 1. There really isn't a better story stock for civil unrest, and insecurity. I like the combination of turned around operations, likely cheap on a multiple basis, and the possibility of it being a story stock to boot.

[gilead23]

I thought it might be barone selling. He still had like 4 million shares recently. I don’t think it indicates anything fundamentally wrong. These shares were maybe a dime not that long ago. Sellers can show up on triple digit runs.

[blindman28]

something is off here and i don't know what it is... I have been watching trading really closely the past 3 weeks and it seems like endless shares selling in the .42-.43. Puma MM scares me a little. Every time it tries to run it quickly gets pushed back down.

Considering all the positive developments i would feel like their should be less selling pressure on the stock.

[gilead23]

I think I agree with this. They mentioned in the CC they were adding another shift. Now we know they are hiring for a third shift. They didn’t seem to feel they needed a third shift when things were running 150% over last year.

The tea leaves look really good here.

This is the bit you were referencing about an additional shift from the q2 CC. Seems like wildly bullish language. Looking forward to their presentation at ld micro next week.

“The backlog is substantial. And like I said, it's building each day. Incoming orders are heavy, and we're doing everything we can from an operational standpoint. We've got a lot of purchase orders which are placed, a lot of components coming in on a daily basis. We've added another shift to fully staff practically. We have a couple of open positions, and our field room is just running flat out to get all the cans filled that they can.”

[TheMonolith]

MACE Story as I see it.

I don't know if you guys are watching, but someone or group is swallowing up all the shares.

Correct me if I'm wrong, but the transcript from Q2 basically says they went from one to two shifts as orders were rolling in.

Now we have indications of a third shift.

CEO bought a ton right when he realized what was coming. Nice that the new CEO was turning this company around before the pandemic, now he hit gold.

Q3 numbers are going to be blockbuster. Comparisons are going to show crazy growth and profitability.

Report in October?

Right around the election?

Now I think $1 is the easy target, but why not $2?

[gilead23]

I haven’t found it. They aren’t subject to sec filings when they buy.

This is all I have, and it doesn’t say what was paid. Guessing it had to be under .20.

https://www.accesswire.com/592464/Mace-Reports-Insider-Stock-Purchases-and-Announces-Virtual-Investor-Day-Date

[littlefish]

Any idea how much the insiders paid for their purchases? TIA.

[TheMonolith]

Thanks for sharing! My mom's car had a cinder block thrown through her car during the 15 minutes she was in a store yesterday. They stole a few trivial things. Told her that she needs to order some Mace, and she instantly agreed.

[gilead23]

Looks like they are adding a third shift

https://jobsearcher.com/j/third-shift-production-supervisor-at-mace-security-international-in-cleveland-ohio-e9D6mp

Still have a lot of stuff sold out on amazon. They seem to be getting product in but there is always something out of stock.

[ABBAZABBA]

Right time, Right place kinda ticker here. Thanks for sharing.

Go MACE. Trending in the right direction.

[gilead23]

Wow that’s a nice find thanks. A third shift is something. They have a chronic problem keeping stocked on amazon so it makes sense.

[TheMonolith]

Sales boost isn't letting up.

https://amp.usatoday.com/amp/3425219001?__twitter_impression=true

Consumers are responding to the continuing uncertainty of the pandemic as well as anxieties over future events including the Nov. 3 presidential election, says Mace Security International CEO Gary Medved. He says the Cleveland-based company is contemplating adding a third shift to its factory to keep up with demand for its Mace-branded pepper spray, which had introduced new colors and packaging in the months before the pandemic shut down the economy.

The sales boost “is not letting up,” Medved says. “The last few months have told people, ‘Be prepared.’”

[ABBAZABBA]

Moving nicely. This is a strong ticker.

And I agree with that sale price ;) !!!!!!!

Go Mace. Forward march continues!

[gilead23]

Getting pretty close to the 52 week high. A trade at the ask would do it.

Edit: There it is. 44.5. Now we just need some volume.

[gilead23]

I think this does seem like a good buyout candidate. Mace is such a well known brand that it’s actually a verb. The right acquirer could buy them for a multiple of the current price and own that category. They also have huge NOL’s that are attractive. 100 million seems fair to me :)

[ABBAZABBA]

That would be fantastic. Or taking it a step further, could someone want to acquire this company for its “brand name”?

Mace has been around a while and is a “known” name. All speculation but the trend in 2020 and forward in my opinion will be all about size and SCALE!

Go Mace. Keep up the great work management!

[TheMonolith]

Sounds like sales remain robust. Would be awesome if they land a big account sometime this year.

[mankind]

Mace(R) Security International, Inc. announces IR Conference Schedule for second half of 2020
[ACCESSWIRE]
ACCESSWIREAugust 21, 2020

CLEVELAND, OH / ACCESSWIRE / August 21, 2020 / Mace® Security International, Inc. (OTCQX:MACE) or "the Company", a globally recognized leader in personal safety products, is pleased to announce its Investor Relations Conference Schedule for the second half of 2020. Gary Medved, CEO & President of Mace® Security International, states "we are excited to present our story of continuing revenue and profitability growth to the investment community. A lot of hard work has been realized by our dedicated team members in building on the legacy of the Mace® Brand, and we are proud to tell our story."

Sanjay Singh, Executive Chairman, added "The need for personal safety and peace of mind has significantly changed in the last few months. We are adapting to the changing needs in an agile and thoughtful fashion. The awareness campaigns continue as does our focus on providing empowerment to customers through new products and product line extensions. We are excited to share the future potential of Mace® Brand as an investment opportunity."

IR Conference Schedule:
LD Micro 500 (virtual) September 2 at 3:40 PM
Register here: https://www.webcaster4.com/Webcast/Page/2019/36541
One-on-one with executive team September 3
Investor Summit MicroCap Conference (NYC) September 29-30 (Time TBD)
Register here: https://investorsummitgroup.com/
OTC Virtual Investor Conference October 8 (Time TBD)
Register here: https://www.virtualinvestorconferences.com/events/event-details/monthly-investor-conference-2
LD Micro Main Event (Los Angeles) December 8-10 (Time TBD)
Register info: Will be announced later
Please refer to http://corp.mace.com/mace-events/ at a later date for exact day and time of presentations.

About Mace® Security International, Inc.:
Mace® Security International, Inc. (MACE) is a globally recognized leader in personal safety and security. Based in Cleveland, Ohio, the company has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand - the original trusted brand of defense spray products. The company also offers aerosol defense sprays and tactical products for law enforcement and security professionals worldwide through its Mace® Take Down® brand, KUROS! ® Brand personal safety products, Vigilant® Brand alarms, and Tornado ® Brand pepper spray and stun guns. MACE distributes and supports Mace® Brand products through mass market retailers, wholesale distributors, independent dealers, Amazon.com, Mace.com, and other channels. For more information, visit www.mace.com.

Press Contact:
Gary Medved
President & CEO
[e-mail]
[phone]

SOURCE: MACE SECURITY INTERNATIONAL INC



View source version on accesswire.com:
https://www.accesswire.com/602694/MaceR-Security-International-Inc-announces-IR-Conference-Schedule-for-second-half-of-2020

[ABBAZABBA]

This continues to consolidate well. I totally agree, high ground is coming.

Go MACE.

[gilead23]

I think a dollar is a nice target. With orders trending up 150% as of the earnings report I think q3 should launch it. How high isn’t clear but I figure they might be good for a couple cents a share. That might get you there.

[TheMonolith]

Correction, Q3 should beat any previous quarter and YTD should beat any single year.

[TheMonolith]

MACE I think we see MACE trade north of $1 shortly before or after Q3. We could see a quarter that beats any previous single year. CEO was jacked. He got lucky turning around a business that had a lot of potential, and now the pandemic made it a gold mine.

With more social unrest, and attention from all the trading groups out there today, this turnaround story should have legs. Some legacy holders appear to be in the way, but the demand should overwhelm it soon.

I wouldn't rule out $1.50-$2.00.

[ABBAZABBA]

Awesome. I am going to check it out.

One thing is for sure Personal and Global security is trending up!

Go SECI. Enjoy the weekend.

[gilead23]

One thing he didn’t mention is the chart in the presentation showing current 12 day moving average of orders is currently up 150% year over year. That was pretty specific on the companies part. What is also interesting is that they said they were up over 100% for June/July. It’s interesting because in the cc they mentioned June was up 65% implying July ran at something like +135% year over year.

They have a bunch of investor focused content on their website. I would take a look at their investors day video. A lot of good info there about their strategy which I think makes a ton of sense.

[ABBAZABBA]

Great information. Thank you. I had my days mixed up but this recap is fantastic.

Go MACE.

[mankind]

Thanks for that.

Saw this as well from a few months back...

Mace Reports Insider Stock Purchases and Announces Virtual Investor Day Date
06/02/2020 2:45:00 PM

CLEVELAND, OH / ACCESSWIRE / June 2, 2020 / Mace Security International Inc. (OTCQX:MACE) is pleased to announce that President and CEO Gary Medved has purchased 450,000 shares of MACE common stock.

Additionally, board member Denis Amato acquired 100,000 MACE common shares and board member Hussien Shousher acquired 425,812 shares.

All the insider share transactions were of existing outstanding shares, and no new shares were issued, preventing any dilution to MACE equity holders.

Medved commented: "I am pleased with the direction the company has taken over the last 15 months, including lowering our breakeven point through disciplined SG&A spending, customer acceptance of our refreshed product line, and the resulting strong EBIDTA generation. I believe our company represents a good investment, as these recent stock purchases demonstrate."

I also saw that they have a backlog and with this NY Attorney general suing the NRA and with civil unrest in major cities, seems timely.

[Zardiw]

Found This:

hweb2 Wednesday, 08/05/20 11:09:03 AM
Re: otcbargains post# 75366 0
Post # of 75566

I added some MACE after listening to the CC again last night. No clue what sellers yesterday were thinking! It was a great call with lots of positives. The part around 15 minutes in sounded particularly bullish. When they talked about their substantial backlog and said it was building each day. Orders are robust and continue to be robust. Said they're running flat out. As you mentioned in another post, said they've added another shift (which I don't think I saw in the PR).

MACE not a super low P/E, but I wouldn't be surprised to see this one trade up to $1+ in the coming months. Sounds like they're going to have a blockbuster Q3. Should make for an eye-popping comp on both the top & bottom lines (easier revenue comp than they had in Q2 too). Unlike many micros, MACE puts out a decent amount of news. They want to attend investor conferences. Insiders have bought shares recently. And they have a brand that everyone knows. I think when you combine all these factors, this one is headed a lot higher given the dramatic improvement in the financials. I'll be accumulating.

z

[Zardiw]

Interesting stock here.......

z

[ABBAZABBA]

Great info. Thank you. This is tomorrow. https://www.otcmarkets.com/stock/MACE/news/Mace-Security-International-Announces-Release-Date-for-Second-Quarter-2020-Earnings?id=268702

Go MACE.

[mankind]

nice turnaround sir

I get FV $1 ++

CEO likes as well

Mace Reports Insider Stock Purchases and Announces Virtual Investor Day Date
06/02/2020 2:45:00 PM

CLEVELAND, OH / ACCESSWIRE / June 2, 2020 / Mace Security International Inc. (OTCQX:MACE) is pleased to announce that President and CEO Gary Medved has purchased 450,000 shares of MACE common stock.

Additionally, board member Denis Amato acquired 100,000 MACE common shares and board member Hussien Shousher acquired 425,812 shares.

All the insider share transactions were of existing outstanding shares, and no new shares were issued, preventing any dilution to MACE equity holders.

Medved commented: "I am pleased with the direction the company has taken over the last 15

[ABBAZABBA]

Page 4 and 5 tell the story of the trend. https://backend.otcmarkets.com/otcapi/company/financial-report/253262/content

Go MACE. Nice 6 months Profits management. Keep it going!!!!

[ABBAZABBA]

I noticed this. https://backend.otcmarkets.com/otcapi/company/financial-report/253262/content

Go MACE. Trending up, Personal and global security!

[Raphael De La Ghetto]

Mace rocks to the planet rock! Don't Stop

[Raphael De La Ghetto]

Ohio Rules!! Go MACE something

[Raphael De La Ghetto]

Shave your face with some MACE in the dark!