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WSTG...Datadobi and Climb Channel Solutions Expand Partnership Across EMEA
EMEA Enterprises Now Have Access to the World’s Foremost Unstructured Data Management Solutions from Trusted VARs and MSPs – Significant Digital Transformation Hurdles Eliminated
April 20, 2022
LEUVEN, Belgium--(BUSINESS WIRE)--Datadobi and Climb Channel Solutions today announced that they have expanded their partnership agreement, under which Climb will now offer Datadobi’s world leading unstructured data management solutions to resellers and solution providers across EMEA. In turn, these strategic channel partners, trusted by enterprises across the region, will now have streamlined access to the most innovative, reliable, and cost-effective solutions for moving, managing, and protecting data across heterogeneous on-premises, remote, and cloud environments. As a result, significant digital transformation hurdles will be overcome and eliminated.
Research firm IDC predicts that, over the next five years, more than 80% of the data collected by organizations around the world will be unstructured data, and that will only continue to grow 40-50% per year for most enterprises. In an analyst brief titled, “The Data Mobility Engine as the Foundation for an Efficient Data Management Strategy”* authored by IDC’s Research Vice President of Infrastructure Systems, Platforms and Technologies Group, Eric Burgener, he urges organizations to implement a comprehensive data management strategy to confront this increasing influx of data, noting that a data mobility engine provides the foundation for an effective data management strategy and can drive significant benefits for the hybrid multicloud enterprise.
“Indeed, this is what we are seeing and hearing from our strategic reseller and solution provider partners. Enterprise organizations are facing a multitude of challenges as they work to reign in control of their exponentially growing unstructured data environments. This is particularly true as it pertains to their ability to move their unstructured data to the cloud, be it onsite or a public cloud such as AWS, Azure, and/or Google,” said Jane Silk, Vice President of Distribution, EMEA, Climb Channel Solutions. “With Datadobi, our channel partners can deliver the ideal solution for understanding, moving, optimizing, and protecting NAS and object data across and between any onsite or cloud environment.” She continued, “Moreover, with these added capabilities, as we have already seen happen in the US, our EMEA channel partners will bolster their trusted advisor status, drive additional business opportunities, and dramatically grow their bottom-line.”
“We are delighted to be expanding our presence in the EMEA region with Climb, a channel solutions provider that is synonymous with enabling channel partner success with the most advanced and disruptive technologies,” said Matthias Nijs, Vice President of EMEA Sales, Datadobi. “We look forward to continuing our work together providing VARs and MSPs with the technology, enablement, and support necessary to meet enterprise customer requirements, and in doing so, take their businesses to the next level.”
Under terms of the agreement, Climb channel partners in EMEA will now be able to enhance their invaluable consultative services and IT deployment and management expertise with all of Datadobi’s unstructured data management solutions, including the newly announced StorageMAP. ??Built upon Datadobi’s best-in-class vendor-neutral unstructured data mobility engine, StorageMAP enables enterprises to discover, organize, and take action on unstructured data distributed across onsite, remote, and hybrid cloud environments. In addition, StorageMAP enables organizations to understand and take control of their data’s cost, carbon footprint, risk, and value.
About Climb Channel Solutions
Climb Channel Solutions, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is an international specialty technology distributor focused on emerging technologies. Climb provides partners with access to Security, Data Management, Virtualization and Cloud, Storage and Hyperconverged Infrastructure, Connectivity, and Software and Application Lifecycle products. The company helps vendors recruit, build, and power multinational solution provider networks, and drive sales revenues that complement existing sales channels. Climb services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream while building profitable businesses.
https://www.businesswire.com/news/home/20220420005229/en/Datadobi-and-Climb-Channel-Solutions-Expand-Partnership-Across-EMEA
FTK...Rolling with the Flo...YEEEE-HAW...Back to $1.45...Up 30% from the bottom 9 days ago. Flotek trading above my average now. NICE!!
If it dips again, I'm prepared to add more.
SD...Nice summery...SD has had very impressive stock gains so far this year. They will be posting some hair-raising results over the next couple quarters. (IMO)
I sold off some SD recently to add more Flotek on the FTK dip last week.
Still hold a decent SD position though.
ISUN...Waiting for the transcript. As of 4/13/22, diluted share count is up approx 2.7x over 12/20. Shareholder equity up approx 8x over the course of 12/20 to 12/21.
SD...$20??...Almost there. :]
ISUN...Record fourth quarter propels company past its stated 2021 guidance of $45 million.
WILLISTON, Vt.--(BUSINESS WIRE)--iSun, Inc. (NASDAQ: ISUN) (the “Company,” or “iSun a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced results for the fourth quarter and full-year 2021.
Full year revenue of $45.3 million representing 115% growth over 2020.
Full year margin improved by 300 basis points from 2020.
Fourth quarter revenue of $27.0 million compared to $9.3 million in the fourth quarter of 2020, an increase of 190%.
Fourth quarter gross margin of 21%, an increase of 190 basis points over the same period 2020.
Total assets increased to $103.7 million in 2021 from $19.6 million in 2020.
Management Commentary
“2021 was a milestone year for iSun,” commented iSun CEO Jeff Peck. “We successfully built a solar service platform capable of addressing the generational opportunity presented by EV adoption and decarbonization. While doing so, we delivered on our promise to grow revenues by more than doubling our 2020 revenues, exceeding our revenue guidance, and increasing shareholder equity by 650%. The fourth quarter 2021 provided our newly assembled leadership team their first opportunity to collaborate, and we are thrilled with the results. We are excited to continue these synergies into 2022, and to seeing what we can accomplish with our platform across a full calendar year.”
Fourth Quarter and Full-Year Results
iSun reported fourth quarter 2021 revenue of $27 million representing a $17.7 million or 190% increase over the same period in the prior year. iSun reported full year 2021 revenue of $45.2 million, a $24.3 million or 115% increase over 2020. Revenue growth was driven by the continued execution of iSun’s Commercial and Industrial project backlog, the addition of a new Professional Services revenue stream and continued deployment of iSun’s EV Infrastructure.
Gross profit in the fourth quarter was $5.6 million compared to $1.8 million during the fourth quarter in the prior year, an increase of 214%. Gross margins for the fourth quarter were 21%, compared to 19.1% during the same period in the prior year. Gross profit for the year was $4.6 million, representing a $3.8 million or 214% increase over 2020. Gross Margin improvements were attributed to iSun’s diversification into new solar segments and services, and improved operating efficiencies.
EBITDA for the fourth quarter of 2021 was a loss of $0.5 million. When adjusted for one-time expenses related to M&A transactions, adjusted EBITDA was $0.9 million.
SunCommon - iSun’s residential division – has customer orders of $19.2 million expected to be completed in the next four to six months, their commercial division has a contracted backlog of approximately $9.3 million expected to be completed within six to eight months, and the industrial and municipal division a contracted backlog of $73.8 million expected to be completed within twelve to 18 months. iSun’s utility division has over 550 MW of projects currently under development. iSun expects the first of these projects to commence development late in the third quarter of 2022.
Total assets increased on December 31, 2021, to $103.7 million from $19.6 million at December 31, 2020. The increase is attributable to numerous strategic investments made throughout 2021 as well as the four acquisitions completed during 2021.
Stockholder equity increase to $60 million at December 31, 2021, compared to $8 million at December 2020.
Outlook
iSun currently remains optimistic about the long-term outlook for the solar industry and its ability to capitalize on such growth. By servicing every segment of the solar marketplace with a comprehensive suite of services and products, iSun is capable of quickly responding to demand fluctuations in any one sector, or supply chain disruptions affecting any one service. iSun continues to study the impacts of recent market developments on each of its divisions and will revise its guidance if it feels there is a need to do so.
Fourth Quarter and Full Year 2021 Conference Call Details
iSun will host a conference call on Monday at 4:30 PM EST to review the Company’s financial results, discuss recent events, and conduct a question-and-answer session. Participants can access the live conference call via telephone at 888-506-0062, using Conference ID #608529. An archived audio replay will be available through Monday, May 2, 2022, at 877-481-4010, Conference ID# 44808.
Interested parties may also listen to the live audio of the conference call via webcast. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time to register, download, and install any necessary audio software.
ISUN...10k is out...Looks like they hit guidance w/ net loss coming in a bit better than expected...
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=116623800&type=PDF&symbol=ISUN&companyName=iSun+Inc.&formType=10-K&formDescription=Annual+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2022-04-15&CK=1634447
Not too shabby...If 2022 guidance has not changed (or goes up), I'm guessing/hoping the stock price has bottomed. We'll see what they say on Monday's cc.
PR has not been released yet (that i've seen) so they will probably release it on Monday along w/ the cc.
the current 2022 guidance of $165M in revenue is strong.
ISUN...If the cc was scheduled for tomorrow I'd be a bit more skeptical, But it's scheduled for Monday afternoon so hoping this is a buying opportunity. I mean if there is a big negative tucked in the report or guidance I would think the cc would be after the close tomorrow, (but you never know though.) I love their 2022 guidance and hope it doesn't change. Guessing/hoping they will be profitable in 2022 as well??
ISUN...Just added in the mid $3.80's...I view it as a positive...they are releasing earnings when the filing specified and waiting on the cc for Monday after the market closes,
We'll see how things look tomorrow/Monday.
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=116588758&type=HTML&symbol=ISUN&companyName=iSun+Inc.&formType=NT+10-K&formDescription=Notification+of+inability+to+timely+file+Form+10-K+405%2C+10-K%2C+10-KSB+405%2C+10-KSB%2C+10-KT%2C+or+10-KT405&dateFiled=2022-03-30&CK=1634447
ISUN...iSun Inc. Announces Rescheduled Fourth Quarter and Full-Year 2021 Results Conference Call Date WILLISTON, Vt .--(BUSINESS WIRE)-- April 14, 2022 --
iSun, Inc. (NASDAQ: ISUN ) (the "Company", or "iSun"), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced that it will issue results for fourth quarter and full-year 2021 on Friday, April 15 (th) . A conference call will be held on Monday, April 18, 2022 at 4:30 PM EDT to review the Company's financial results, discuss recent events, and conduct a question-and-answer session.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of iSun's website at investors.isunenergy.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.
FTK...nelson, here are a couple links that have a bit of info in them...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168162773
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168410819
The kicker is that Flotek still has approx 45% of their capacity freed up to fill other contracts and are already getting more interest since announcing the ProFrak deal. FTK could easily be @ $300M+ in yearly revenue a couple years from now (IMO).
SD...Getting closer to $20...Another 52wk high today. Nice.
WSTG...Climb Channel Solutions Expands Seagate Technology Offerings to Enable Data Transfer Services to the Channel
EATONTOWN, N.J., April 13, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), in collaboration with Seagate® Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, is expanding its data protection and storage portfolio to provide Seagate’s Lyve™ Mobile to the channel community. Today, Solution Providers are facing complex challenges, including data sprawl, data overflow, unstructured data, and bandwidth limitations. Lyve Mobile data transfer services are designed to address these top challenges, enabling secure, cost-effective means to rapidly move massive volumes of data across their enterprises.
“With simple deployment, next to limitless data capture, and a low-cost infrastructure investment, Climb’s collaboration with Seagate Lyve Mobile will be transformative to our channel partners as they can now offer this enterprise class data service,” says Dale Foster, CEO of Climb Channel Solutions. “We look forward to growing with Seagate and enabling Solution Providers with better data management offerings that meet their customers’ needs.”
The latest collaboration between Climb and Seagate enables solution providers to accelerate their clients’ time to data, bringing data transfer as-a-service to the channel community which will allow for new revenue opportunities for partners. Lyve Mobile is a key enabler for solving clients’ data mobility challenges. By providing an agnostic tool for edge-to-core data workflows, Lyve Mobile enables hardware, software, and managed services opportunities behind its subscriptions. The collaboration between Climb and Seagate Lyve Mobile enables Solution Providers access to the Lyve Mobile Services through a trusted channel provider. Lyve Mobile fits nicely into Climb’s portfolio and is expected to enable the channel community to continue to provide value and services unique to the enterprise market’s needs.
“The channel community is key to solving our clients’ time to data challenges. We have provided a new and exciting service for Solution Providers to leverage that supports the market’s need for edge-core data services,” explained Melyssa Banda, vice president of Lyve Mobile Solutions at Seagate Technology. “By joining forces with Climb to deliver a new service to the channel community Seagate will help move, scale, and monetize data. The collaboration will drive incremental revenue opportunities for our solution providers to harness their clients’ data while providing best in class services to them.”
Data movement, data mobility, and data migration are key challenges across all major industries, and the channel community works on the front lines in solving these challenges for their clients. Most companies physically move data on a regular cadence, but the growth in data sets and data security requirements emerging in enterprises today are pushing innovation for next-generation endpoint infrastructure. Lyve Mobile, Seagate’s data transfer service, is a simple, secure storage solution, uniquely built to mitigate the challenges of data gravity at the edge or dispersed across multiple locations. For solution providers, Lyve Mobile is a must-have tool to enable next generation data mobility to their clients. Together, Climb and Seagate will provide the channel community with a service ready solution to enable the next generation of data movement, mobility, and migration practices to the market.
Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at sales@climbcs.com
About Climb Channel Solutions and Wayside Technology Group
Climb Channel Solutions is a global specialty IT distributor for emerging technology vendors with solutions for Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud and Software & ALM. Climb provides vendors access to thousands of VARs, MSPs, CSPs and other resellers. Climb holds an IT-70 GSA contract vehicle that provides resellers and vendors with a competitive edge within the Public Sector. Climb is a wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG). Read more at www.climbcs.com, call 1- 800-847-7078, and follow us on LinkedIn.
WSTG/SANM...Viking Enterprise Solutions Launches Highly Scalable, On-Premise Software Defined Storage Solution
Cloud Native Obsidian Offers Secure, Flexible and Cost-Effective Alternative to Public Cloud Storage Platforms
SAN JOSE, Calif., April 11, 2022 /PRNewswire/ -- Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), today announced the launch of Cloud Native Obsidian (CNO), an on-premise storage solution that provides enterprises with complete control of mission critical and frequently accessed data. CNO addresses the enterprise sector, delivering easy-to-manage, cloud based solutions to market segments including the media/entertainment, video surveillance, backup and archive, and enterprise file services sectors.
Dramatic growth in unstructured data has challenged enterprises to pay unpredictable storage fees to public cloud providers, while also having to deal with performance and control issues. CNO is an on-premise storage solution designed to provide enterprises an economical and flexible storage alternative to public cloud solutions.
"We're excited to expand our position in the storage market with this comprehensive solution that meets the unique needs of enterprises and reduces operational expenses," said Mark DeVincent, SVP and GM of Viking Enterprise Solutions. "CNO was specifically designed to present an appealing proposition to the channel in the form of an attractive, more secure, all-in-one solution that delivers cloud benefits on-premise."
Based on a cloud native and object-and-file storage architecture, CNO's compatibility with public cloud platforms enables businesses to deploy a hybrid cloud strategy while reducing operational expenses. The solution simplifies storage implementation by providing flexibility, geo-redundancy, data durability, reliability and scalability at predictable costs.
CNO is now available through VES distribution partner Climb Channel Solutions. For more information, please contact channel@vikingenterprise.com.
https://finance.yahoo.com/news/viking-enterprise-solutions-launches-highly-201500334.html
SD...Me!!!...and more. LOL. Nice.
FTK...Not sure why more aren't seeing this as a huge energy play. O&G will remain strong for years to come (IMO) as many parts of the world wean themselves off Russian energy. FTK = green chemistry w/ a 10yr $2B+ backlog (post shareholder approval). Why more investors don't want a piece of this in their portfolio beats the heck out of me.
Added more below $1.10 yesterday making FTK my now #2 position.
Inching up a notch this morning, so hopefully it's hit bottom.
We'll see what happens.
CSPI...More insider buying...Ol' Joe adding shares again...
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=116615921&type=PDF&symbol=CSPI&companyName=CSP+Inc.&formType=4&formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&dateFiled=2022-04-11&CK=356037
WSTG...Next phase of growth...TechXtend Rebrands to Grey Matter...
"The change from TechXtend to Grey Matter, and building a global solutions business, is the next exciting phase in Wayside’s growth plans."
11 April 2022
The US and Canadian VAR will now operate under the Grey Matter name as Wayside Technology Group [NASDAQ: WSTG] expands its Solutions and Services business.
In October last year, TechXtend joined the Grey Matter family. This gave their customers access to new technical services, a wider range of solutions and increased expertise. Grey Matter will now expand its ISV, cloud services, mapping and IoT business in the US and Canada.
"We will not be changing the great service that TechXtend has offered customers for many years. However, we will be investing to bring cloud and mapping specialists, as well as technical support resources, to the US and Canada." said Matthew Whitton, Managing Director.
Whitton continued “The benefits of offering extended support and giving our ISVs routes into more markets are really exciting. Both companies have very similar backgrounds and so there are many synergies.”
Grey Matter works with class-leading vendors like Microsoft, HERE, Embarcadero, Sophos, JetBrains and many more. They hold nine Microsoft competencies and are classed as an ‘Azure for ISV specialist’ by Microsoft.
Dale Foster, CEO of Wayside Technology Group commented “The change from TechXtend to Grey Matter, and building a global solutions business, is the next exciting phase in Wayside’s growth plans. I’m confident that by combining our deep experience of ISVs and a broad portfolio of first-class vendors we offer the market something unique. This is especially true when you factor in the expertise of Cloud Know How, our services division.”
Cloud Know How is Wayside Technology Group’s technical services division and specialises in migration, modernisation and management services. They are primarily focused on Microsoft Azure, M365 and Manage Engine technologies.
https://greymatter.com/content-hub/techxtend-is-now-grey-matter/
PCTI...PCTEL Announces Strategic Alliance with Stargent IoT
BLOOMINGDALE, Ill., April 07, 2022--(BUSINESS WIRE)--PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, today announced a strategic alliance with Stargent IoT, an Internet of Things (IoT) company providing IoT solutions for an array of use cases for smart manufacturing, process automation and asset tracking. PCTEL’s alliance with Stargent IoT will provide end-to-end remote monitoring solutions to monitor a variety of conditions, including, detection of air quality, temperature, relative humidity, acceleration, angular rate of change, magnetic field, range, and sound.
"I am delighted to announce our new alliance with Stargent IoT, a significant milestone in our strategy to expand PCTEL’s Industrial IoT devices market with our sensor portfolio. Stargent IoT’s expertise in micro cloud computing services will help us to create commercial ready plug-and-play solutions enabling our partners to deploy a wide variety of IoT applications," said Arnt Arvik, PCTEL’s Vice President & Chief Sales Officer. "I am excited about the opportunities to come," added Arvik.
"We are thrilled to have this strategic alliance with PCTEL, to create easy-to-deploy solutions combining their industrial IoT sensors with our software platform. Our mission to make IoT data available and visible to any organization is clearly furthered by adding PCTEL sensors to our platform. I am excited to launch our alliance and can’t wait to demonstrate the value we bring together." – Jon Reedy, Founder, Stargent IoT.
The IoT starter kit includes PCTEL’s Wireless Sensor Endpoint (WSE), a versatile Industrial IoT multi-sensor powered by a high-capacity Lithium-Ion Polymer battery pack that is easy to install.
https://finance.yahoo.com/news/pctel-announces-strategic-alliance-stargent-203000162.html
RGP...It's undervalued but not sure where the price goes from here. I'm running tight (on margin) right now so thought I'd take some profit and wait to see what they say next week.
RGP...Locked in some profit today from last weeks buys. Still think they are undervalued though.
ISUN...Added below $4 today.
PCTI...5% yield trading @ 2.7x cash/no debt...Never thought I'd see the stock price this low again. Would be adding here but I still have a truckload.
nelson, this is where your "Buyout out at a significant premium" thought could really make sense, but you never know...$4.37 today?!! Wow. ($4.35 is the 52wk low).
RGP...Cc Notes...Q4 guidance looks good at $211-$215M in revenue with gross margins @ 38.7%-39.5%. (guessing that should put them @ another $0.50++ EPS Q.)
Bought back approx $20M in stock and has no exposure to Russia or Ukraine.
Side Note: Adjusted FY2022 EPS should easily be over $2 putting current PE at approx 8.
RGP...Damn nice Q!!! Adj EPS = $0.65. Revenue over $200M
FTK...Picked up more @ $1.15, $1.17...This is one of the most undervalued plays in the energy sector. (IMO).
SD...Lol. No problem. I think NG prices will stay elevated for quite some time. Sure there will be fluctuation, but US NG is and will be in much more demand for years to come. Also need it to help transition to cleaner energy.
SD...No open hedge positions or commodity derivative contracts...Large NOL position (over $1.7B)...No debt...Strong cash...Strong cash flow...Low PE...Rocketing NG prices.
I think you're right on creede. SD could easily hit $20+ this year.
RGP... Based on comments in their last cc RGP's revenue will be close to what it was last Q. YoY rev should be up approx 27%+. EPS should be up nicely YoY too.
Going to also get info on how the launch of their HUGO app is going.
Investor Day scheduled for next week.
Re: RELL...My funds (+margin) are pretty much tied up and running thin at this time, but I'll take a look.
RGP...Earnings due out Wednesday...Comps should be great.
ELTK...Made a few bucks on ELTK but it just didn't excite me much. Good luck. Hope you do well.
SD...Nice day today. +4.5%.
FTK...Combined with the organic growth, we anticipate our first month of business profitability in 2022, which should be followed by UNINTERRUPTED PROFITABILITY THEREAFTER.
- "We have solidified a partnership with ProFrac to deliver downhole chemistries to its hydraulic fracturing fleets in North America. Should the contract extension be approved by shareholders, we anticipate combined organic appropriate related 2023 revenues to be WELL IN EXCESS OF $200M. Furthermore, the segment has continued its growth into adjacent energy markets with revenue generation and geothermal drilling and cementing operations as well as solar panel coatings."
- WHAT IS THE SENSITIVITY OF THE PROFRAK DEAL TO OIL PRICES?...The great part about this contract, which I hope does not go unnoticed, is that it gives us continuity regardless of oil price.
The contract promises 70% of the crews or a minimum of 30 crews. And with them at 45 crews, they would have to come down by nearly 33% before we got to the 30 crews or less.
I think we are one of the only service companies that have true backlog in place that goes out for a decade, that is secure in the current price environment. And so pretty excited to know that we can make plans going forward and we have a robust revenue stream to support that.
ONLY APPROX 52% OF FLOTEK's CAPACITY IS BEING/WILL BE USED for the ProFrac contract, including the supply, the amendment, what baseline business has been in 2021.
PLENTY OF ROOM FOR SALES EXPANSION WITHOUT ANY TYPE OF CAPEX EXPENDITURE.
Notes above taken from the cc...
https://seekingalpha.com/article/4499127-flotek-industries-inc-s-ftk-ceo-john-gibson-on-q4-2021-results-earnings-call-transcript
PCTI... Hasn't done much lately. Still holding a large position though. Next reported quarter is one of their weakest, so hopefully they'll have some good forward statements when they report.
FTK...Been adding all morning in the $1.20's. Strong forward guidance in the cc. FTK is now my #2 position. Waiting for the transcript to re-hash notes.
Market cap (including all ProFrac diluted shares is only $190M. Flotek will be doing more than that in profitable yearly sales starting next year. (Original $1B 10yr ProFrak contract starts tomorrow and the amended $2B one should have approval by June.)
This is an absolute no-brainer IMO...The way I look at it is...Buy now, avg down, hold for 1yr++, so that when it comes to tax time, your FTK profits go into the "long term" column. There will be profits!!! (IMO) :]
FTK...Earnings are out. Going forward-->>>..."Primed for METAMORPHIC opportunities in 2022 and beyond."
Metamorphic: (Example) "The shift from dead stillness to hurricane-force winds was as metamorphic as Jekyll to Hyde"
- Long-term contract, subject to shareholder approval, valued at over $2B in revenues over the next decade with a leader in North American hydraulic fracturing services, ProFrac.
- Cash: $11.5M.
- Long term Debt: $1.4M.
- Developed a new line of Verax analyzers for the international market and obtained the necessary certifications for usage in hazardous locations internationally.
- Launched the Advanced Interface Detection Algorithm system, or AIDA, a new patent-pending application that uses advanced machine learning algorithms to enable pipeline operators to cut batches using real time detection of batch interfaces without the need for additional sampling or chemometric modeling.
https://finance.yahoo.com/news/flotek-announces-fourth-quarter-full-015200741.html
Tomorrow's cc will be good !!!
FTK...Earnings after the close. Cc tomorrow. With what's in the 10yr pipeline, earnings are pretty much irrelevant (IMO). It's all about the cc and hopefully we will get more info on the ProFrac deal. There will probably be a lot of questions.
I added more shares today @ $1.33 & $1.34.
ISUN..Interesting company. Trading just off a 52wk low...Picked up a few shares today. Thanks RNsidersbuying and researcher
SD...Another strong day for SD. Another big plus is at current NG prices...Sandridge is not hedged!!
SD...Sill holding...NICE!!..And EPSN up over 8% today!!!...EPSN = no debt also.