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Universal Matters UK GBR Ltd.
https://www.universalmatter.com/
Past News
Dated June 18, 2023
Applied Graphene Materials changes its name to UNIVERSAL MATTER GBR
In February 2023, Universal Matter acquired Applied Graphene Materials' assets for $1.3 million. Now, AGM has announced that it will be changing its company name to Universal Matter GBR Ltd, effective immediately.
This rebranding aims to reflect the Company's commitment to delivering cutting-edge materials and innovative solutions to customers worldwide.
With the acquisition of Applied Graphene Materials, Universal Matter expanded its capabilities and strengthened its position as a provider of advanced materials. The recent name change aims to reflect this transformation. The addition of “GBR” represents the location in the United Kingdom, where the headquarters and operations are based.
Source:
https://www.graphene-info.com/applied-graphene-materials-changes-its-name-universal-matter-gbr
Marker: APGMF
$.0001
Nearing 4 year low
Marker:
UPS
$136.86 2.45 (1.82%)
Volume: 4,077,754
Marker:
TCC
$78.46. -0.34 (-0.43%)
Volume: 1,707,812
Marker from 10 years ago;
First Citizens Bancs (FCNCA)
$222.75 up 1.69 (0.76%)
Volume: 1,428
Marker as of 03-08-24
First Citizens Bancs (FCNCA)
$1,559.87 -6.935 (-0.44%)
Volume: 12,129
Marker:
DTZZF
$1.00 0.886 (777.19%)
Volume: 209,720
*New stock.. new all-time high.
.
Marker;
SKYT
$9.40 -1.10 (-10.48%)
Volume: 236,184
*A 98% increase from the Nov. 22 low of $4.73
PacWest, Banc of CA Merger Approved
DECEMBER 4, 2023
Four months after PacWest Bancorp and Banc of California Inc. announced their intent to merge under the Banc of California banner, the transaction officially closed on Nov. 30 following both shareholder and regulatory approval.
[....]
Source:
https://labusinessjournal.com/featured/pacwest-banc-of-ca-merger-approved/
UPS earnings fall as company warns of economic headwinds ahead
By Chris Isidore, CNN
Updated 8:12 AM EDT, Thu October 26, 2023
—
UPS reported sharply lower earnings in the third quarter and said it expects lower revenue and thinner profit margins ahead. But it cited a slowing global economy, not its recent labor issues, for its gloomy forecast.
[....]
UPS is something of an economic bellwether, as its trucks move an estimated 6% of US gross domestic product and 3% of global GDP, the broadest measure of economic activity.
Source:
https://www.cnn.com/2023/10/26/business/ups-earnings-fall-sees-economic-headwinds-ahead/index.html
Marker:
$154.13 2.52 (1.7%)
Volume: 1,988,406
*This report is a month old but still relevant as the trucking giants' demand for services entering their peak season have not changed.
13D filing General Statement of Acquisition of Beneficial Ownership
Source:
https://ih.advfn.com/stock-market/USOTC/republic-first-bancorp-ce-FRBK/stock-news/92404446/form-sc-13d-a-general-statement-of-acquisition-o
Marker:
FRBK
$0.10
* I have not seen nor read in any news release wherein the existing legacy shares have been or will be cancelled in order to issue new shares to the investing group. .
Marker:
BSWGF
$0.05928 0.00136 (2.35%)
Volume: 5,528
*No position
FDIC suspends Republic First Bancorp's auction process
- Bloomberg News
Reuters
November 1, 20231:34 PM
Nov 1 (Reuters) - The Federal Deposit Insurance Corp (FDIC) has suspended an auction process for Republic First Bancorp (FRBK.PK), after the bank struck a deal with an investor group to raise money, Bloomberg News reported on Wednesday.
The FDIC notified potential buyers on Tuesday that the bank's capital-raising effort was the avenue it was focused on pursuing, the report added, citing people familiar with the matter.
[....]
Source:
https://www.reuters.com/business/fdic-suspends-republic-first-bancorps-auction-process-bloomberg-news-2023-11-01/
Marker:
FRBK
$0.10
.
Marker;
FRBK
$0.10 -0.10 (-50.00%)
Volume: 2,398
*No position
Marker:
SKYT
$5.84 0.35 (6.38%)
Volume: 368,783
*No position at this time nor planned.
Marker:
BE
$11.61 1.58 (15.75%)
Volume: 8,351,213
.
Marker:
PVBC
$9.70 -0.08 (-0.82%)
Volume: 27,142
Marker:
TTC
$80.35 -0.96 (-1.18%)
Volume: 507,337
Marker:
AMZN
$119.07 -9.49 (-7.38%)
Volume: 69,809,734
Marker:
ZION
$29.04 -0.82 (-2.75%)
Volume: 2,713,325
Marker:
WAL
$40.63 -0.51 (-1.24%)
Volume: 2,525,524
Marker:
C
$38.45 -0.48 (-1.23%)
Volume: 15,716,008
Marker:
FHN
$10.38 -0.13 (-1.24%)
Volume: 9,270,054
Marker:
UPS
$147.85 -1.47 (-0.98%)
Volume: 3,565,678
My bearish opinion isn't specifically about Toro [TCC] so much as it is the entire lawn care industry as a whole.
Take the commercial side of the house first. Toro is a highly recognizable and respected name in the professional lawn care industry ..but it's my guess they (and their competitors) have seen their best days. I think we're seeing the early cracks in the foundation. Lawn care isn't what it used to be.
Take Golf and the subsequent lawn care the sport entails as an example which unquestionably makes up 85% of their customer base. Golf has been on the decline for a number of years now. Fewer and fewer young people are playing the sport. When was the last time you had to call ahead or reserve a Tee time!? And most of the guys you see still out there are over 60.
Country club housing projects are a thing of the past due to 1) the premium cost of space and land a golf course requires 2) the water and fertilizer requirements it takes to maintain a pristine course and 3) the high cost of HOA fees associated with living on a golf course. They simply cannot make it private. They need the public to even hope to break even.
It's problematic.
It's my contention is - as Golf goes.. so goes Toro (and it's competitors).
I look for a slow decay of their business and industry overall. Selling to the Res market can't possibly make up for the commercial losses. Not only that but the high cost of water is a problem for homeowners as well. They're not putting in large lawns cause they can't afford them.
Marker:
TTC
$82.16 -4.91 (-5.64%)
Volume: 1,041,045
* TTC has been on a dramatic fall this past week... which is a big deal considering they've had arguably one of the best 30 year charts you'll ever see. There's a bigger story behind this. Apparently Res homeowners aren't buying lawn equipment. Toro, which currently only sells their res equipment at Home Depot, plans to sell their equipment at Lowe's beginning in 2024. Color me skeptical.
Marker:
CBBI
$10.89 0.00 (0.00%)
Volume at time of posting: 0
Marker:
PACWP
$19.15 -0.19 (-1.0%)
Volume: 30,952
Marker:
DTZZF
$0.10 -0.04 (-28.57%)
Volume: 5,001
* New company with a new technology = erratic start.
Marker:
BSWGF
$0.1158 -0.0192 (-14.22%)
Volume: 14,977
*FD: I do not have a position in this stock. I do not anticipate that happening... monitoring only.
Marker:
SKYT
$7.81 -1.61 (-17.09%)
Volume: 1,082,269
* The 2nd Qtr shows good news and bad news. The market today is reacting to the bad news.
SkyWater Technology Reports Second Quarter 2023 Results
Record Revenues and Continued Year-over-Year Increase in Gross Margin
BLOOMINGTON, Minn., – August 7, 2023 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2023, ended July 2, 2023.
Highlights for Q2 2023:
•Revenue increased 47% year-over-year to a record $69.8 million.
•Gross margin increased to 23.9% on a GAAP basis, compared to 4.4% in Q2 2022, and increased to 24.7% on a non-GAAP basis, compared to 5.6% in Q2 2022.
•Net loss to shareholders of $8.6 million, or $(0.19) per share on a GAAP basis, and net loss to shareholders of $6.4 million, or $(0.14) per share on a non-GAAP basis, compared to net loss to shareholders of $13.0 million, or $(0.32) per share on a GAAP basis, and net loss to shareholders $10.8 million, or $(0.27) per share on a non-GAAP basis in Q2 2022.
•Adjusted EBITDA of $6.5 million, or 9.3% of revenue, compared to $(1.6) million, or (3.4)% of revenue in Q2 2022.
[....]
Source: https://ih.advfn.com/stock-market/NASDAQ/skywater-technology-SKYT/stock-news/91751085/skywater-technology-reports-second-quarter-2023-re
** FD: I do not have a position on this stock.
Marker:
DTZZF
$0.131 -0.019 (-12.67%)
Volume:
Marker:
SKYT
$10.385 0.605 (6.19%)
Volume: 575,187
*No investing interest at this time.
.
Marker:
PACWP
$21.00 3.55 (20.3%)
*Commons we're never the play on PacWest Bank.. Preferred shares are up 3X from March lows.
Marker:
DTZZF
$0.20 0.01 (5.26%)
Volume: 152,548
I've been a paying subscriber for about 15 years. It's been my experience that Free members are far and away the biggest offenders. For that reason I think a ticker should have a stock board for Free users.. and a separate board for paying members only. Will this address all the non-sense? No. But I know for a fact it will curb it.
Weebit Nano finds an Aussie director to resume trading
Jun 29, 2023 – 2.14pm
Weebit Nano has elevated its company secretary to its board, resolving a governance shortfall that caused shares in the chip manufacturer to be suspended when director Fred Bart resigned on Tuesday and the company couldn’t meet its statutory quota of board members.
The installation of an acting director ends a bizarre chapter for Weebit Nano, one of the fastest rising stocks on the ASX this year. Mr Bart’s abrupt resignation, effective immediately, left the board without enough Australian directors – at least two Australian residents – to comply with the Corporations Act.
Weebit Nano shares sank 17.9 per cent to $5.70 on Tuesday before the market operator suspended it. Its shares resumed losses on Thursday, trading down 1.75 per cent to $5.60.
[....]
Source:
https://www.afr.com/technology/weebit-nano-finds-an-aussie-director-to-resume-trading-20230629-p5dkdb
*Wild swings in pps on higher than normal volume due to Directors unexpected immediate departure/resignation.
Marker:
WBTNF
$3.70 -0.10 (-2.63%)
Volume: 97,809
.
Marker:
WBTNF
$5.00 0.51 (11.4%)
Volume: 3,156
Late payments on commercial mortgages are piling up as higher rates and weakening property prices bite into the sector
Jun 2, 2023, 7:43 AM MDT
• Late payments for commercial real estate mortgages rose last quarter as pressure builds for the US property market.
• Commercial mortgage borrowers that were late on payments for at least 30 days or already defaulted rose to 3%.
• More signs of stress could surface as high rates and weak property prices take a toll on the sector, the MBA said.
• Late payments on commercial real estate mortgages are rising, a sign that higher mortgage rates and falling property prices are weighing on the US property market.
[....]
Source:
https://news.yahoo.com/payments-commercial-mortgages-piling-higher-214328465.html
*This trend is not our friend.
Marker:
$7.95 -0.21 (-2.57%)
The $225 MM was a nice cushion to land on after the failed M&A with TD Bank. No argument there.
However.. (as expected) the shareholders & arbs are not as happy as the D&O folks and have filed suit.
The accusations, costs and lengthy court battle can't be good for a bank looking to acquire or be acquired. It puts the bank into the slightly 'troubled' category until resolved.
FHN LAWSUIT ALERT: Levi & Korsinsky Notifies First Horizon Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
June 09, 2023 13:00 ET
Source:
https://www.globenewswire.com/news-release/2023/06/09/2685718/0/en/FHN-LAWSUIT-ALERT-Levi-Korsinsky-Notifies-First-Horizon-Corporation-Investors-of-a-Class-Action-Lawsuit-and-Upcoming-Deadline.html
*Banking in general still sits in a precarious place in the minds of many depositors.
Marker:
FHN
$11.8705 0.1605 (1.4%)
Volume: 8,317,113
.