McCoy Corp.

MCB-T

Analysis and Opinions about MCB-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 9, 2016

(Market Call Minute.) An energy service company that is still struggling. There is quite a bit of value here, but it is going to take energy services as a whole to come back.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
August 9, 2016

(Market Call Minute.) An energy service company that is still struggling. There is quite a bit of value here, but it is going to take energy services as a whole to come back.

HOLD
HOLD
July 20, 2016

Longer-term out, over the next few years, he thinks you will be rewarded. Half their market cap is in cash. When the oil/gas sector hits bottom, their earnings and revenue pretty much collapses. Also, it is offshore and a lot of their south American stuff has hurt them. He expects that over the next few years things will come back and you will be handsomely rewarded. The next couple of quarters are probably not going to look good.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
July 20, 2016

Longer-term out, over the next few years, he thinks you will be rewarded. Half their market cap is in cash. When the oil/gas sector hits bottom, their earnings and revenue pretty much collapses. Also, it is offshore and a lot of their south American stuff has hurt them. He expects that over the next few years things will come back and you will be handsomely rewarded. The next couple of quarters are probably not going to look good.

HOLD
HOLD
September 1, 2015

This services the oil/gas industry. Has some diversification in what it does. Extremely well-managed company. Feels they have taken corrective action given the environment they are in. If you own, he would not be selling.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
September 1, 2015

This services the oil/gas industry. Has some diversification in what it does. Extremely well-managed company. Feels they have taken corrective action given the environment they are in. If you own, he would not be selling.

PAST TOP PICK
PAST TOP PICK
April 9, 2015

(Top Pick Apr 21/14, Down 34.79%) When oil price cratered, it was time to get out. No debt and pays a dividend so now it is probably not a bad stock.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
April 9, 2015

(Top Pick Apr 21/14, Down 34.79%) When oil price cratered, it was time to get out. No debt and pays a dividend so now it is probably not a bad stock.

COMMENT
COMMENT
November 26, 2014

Had some good quarters and there were some analysts that got behind the story, but then they missed on a couple of quarters. Sell a lot of tooling equipment for offshore drillers. Pretty good value at these levels, but management has to show that they can start to grow earnings again. (He inherited a little when he took over this portfolio.)

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
November 26, 2014

Had some good quarters and there were some analysts that got behind the story, but then they missed on a couple of quarters. Sell a lot of tooling equipment for offshore drillers. Pretty good value at these levels, but management has to show that they can start to grow earnings again. (He inherited a little when he took over this portfolio.)

TOP PICK
TOP PICK
April 21, 2014

It had a mishap with an ERP installation (software). These things are tricky to implement. It is a temporary problem and in the long term the ERP will increase profits. Next year will be very good for profits because they go into replacement parts.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
April 21, 2014

It had a mishap with an ERP installation (software). These things are tricky to implement. It is a temporary problem and in the long term the ERP will increase profits. Next year will be very good for profits because they go into replacement parts.

BUY
BUY
October 25, 2013

Really quite a good company. Manufactures farm equipment and other industrial products. Likes how they think. Came out with some new products about a year ago and it hurt their short-term performance. They were of the view that the products were good and the revenues would kick in later. So the stock took a bit of it for a couple of quarters. Great products, sales are picking up, margins are improving and it’s up to a new high. Could be a takeout candidate. Not expensive.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
October 25, 2013

Really quite a good company. Manufactures farm equipment and other industrial products. Likes how they think. Came out with some new products about a year ago and it hurt their short-term performance. They were of the view that the products were good and the revenues would kick in later. So the stock took a bit of it for a couple of quarters. Great products, sales are picking up, margins are improving and it’s up to a new high. Could be a takeout candidate. Not expensive.

HOLD
HOLD
October 2, 2013

This is in the right sector and the basket in this sector has done well and thinks it will continue to do so. Chart shows an initial advance in 2010 and then a large consolidation during 2011 and 2012, which he calls bullish congestion. Nothing to stop it from going higher.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
October 2, 2013

This is in the right sector and the basket in this sector has done well and thinks it will continue to do so. Chart shows an initial advance in 2010 and then a large consolidation during 2011 and 2012, which he calls bullish congestion. Nothing to stop it from going higher.

PARTIAL SELL
PARTIAL SELL
May 2, 2013

Hasn’t looked at this for a year or two. A decent business, but you have to remember this is an oil field services business. This sector has been absolutely battered in the last year. This is a very small company. Hitting a 52-week high is an aberration. If you own, he would consider taking some profits at this point.

Show full opinionHide full opinion

Hasn’t looked at this for a year or two. A decent business, but you have to remember this is an oil field services business. This sector has been absolutely battered in the last year. This is a very small company. Hitting a 52-week high is an aberration. If you own, he would consider taking some profits at this point.

DON'T BUY
DON'T BUY
April 3, 2013

(Market Call Minute.) There are way better oil/gas service companies to own than this one.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
April 3, 2013

(Market Call Minute.) There are way better oil/gas service companies to own than this one.

BUY
BUY
October 22, 2012

Has taken a bit of a breather here. Almost 6% dividend. Have some interesting opportunities offshore, which is obviously going to be a big part of the big North American scene if the US does decide to drill.

Show full opinionHide full opinion
McCoy Corp. (MCB-T)
October 22, 2012

Has taken a bit of a breather here. Almost 6% dividend. Have some interesting opportunities offshore, which is obviously going to be a big part of the big North American scene if the US does decide to drill.

BUY
BUY
July 13, 2011
Drilling tools for oil. Have a good backlog. Good management. Not very liquid. $100 million market cap but the insiders own about 50%. Earnings where $0.18 last year, probably $0.38 this year and maybe $0.50 next year. Trades at 10X this year's earnings. Cheap.
Show full opinionHide full opinion
McCoy Corp. (MCB-T)
July 13, 2011
Drilling tools for oil. Have a good backlog. Good management. Not very liquid. $100 million market cap but the insiders own about 50%. Earnings where $0.18 last year, probably $0.38 this year and maybe $0.50 next year. Trades at 10X this year's earnings. Cheap.
PAST TOP PICK
PAST TOP PICK
July 31, 2009
(A Top Pick June 26/08.) Down 64.78%.) World's largest manufacturer of drilling tongs for oil rigs.
Show full opinionHide full opinion
McCoy Corp. (MCB-T)
July 31, 2009
(A Top Pick June 26/08.) Down 64.78%.) World's largest manufacturer of drilling tongs for oil rigs.
PAST TOP PICK
PAST TOP PICK
April 8, 2009
(A Top Pick March 28/08. Down 71.8%.) World's largest manufacturer of oil platforms’ hydraulic power tongs. Debt-free. Very cheap. Potentially a takeover target.
Show full opinionHide full opinion
McCoy Corp. (MCB-T)
April 8, 2009
(A Top Pick March 28/08. Down 71.8%.) World's largest manufacturer of oil platforms’ hydraulic power tongs. Debt-free. Very cheap. Potentially a takeover target.
PAST TOP PICK
PAST TOP PICK
February 25, 2009
(A Top Pick March 28/08. Down 70.7%.) World's largest manufacturer of the tongs that go on drilling rigs. Very little debt. Low multiple of current earnings (will probably go down this year). 12% yield. Very cheap.
Show full opinionHide full opinion
McCoy Corp. (MCB-T)
February 25, 2009
(A Top Pick March 28/08. Down 70.7%.) World's largest manufacturer of the tongs that go on drilling rigs. Very little debt. Low multiple of current earnings (will probably go down this year). 12% yield. Very cheap.
Showing 1 to 15 of 18 entries

McCoy Corp.(MCB-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for McCoy Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

McCoy Corp.(MCB-T) Frequently Asked Questions

What is McCoy Corp. stock symbol?

McCoy Corp. is a Canadian stock, trading under the symbol MCB-T on the Toronto Stock Exchange (MCB-CT). It is usually referred to as TSX:MCB or MCB-T

Is McCoy Corp. a buy or a sell?

In the last year, there was no coverage of McCoy Corp. published on Stockchase.

Is McCoy Corp. a good investment or a top pick?

McCoy Corp. was recommended as a Top Pick by James Rife on 2016-08-09. Read the latest stock experts ratings for McCoy Corp..

Why is McCoy Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is McCoy Corp. worth watching?

0 stock analysts on Stockchase covered McCoy Corp. In the last year. It is a trending stock that is worth watching.

What is McCoy Corp. stock price?

On 2020-10-22, McCoy Corp. (MCB-T) stock closed at a price of $0.45.