Category Archives: [FAST] Fastenal

[FAST – Fastenal] Notes from CFO Convo; [ASHG – Ash Grove] Constructive Cement Pricing, Stock Is Cheap

[FAST – Fastenal] Fastenal’s dense branch network affords scale advantages in distribution and service relative to Grainger, which has 2.5x Fastenal’s sales but only ~1/10 its branches and ~1/7 its field employees.  Local market density is especially important because fasteners, which comprise nearly 40% of the company’s sales and a greater proportion of gross profits, is […]
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Quick Blurbs [Ashtead, Fastenal, MSC Industrial, United Rentals, Zion Oil & Gas]

[ZN – Zion Oil and Gas] Heard about this stock on a podcast; I doubt you can find borrow.  What is it?  Oh, just your run-of-the-mill $240mn+ market cap Nasdaq-listed oil and gas concern whose drilling activity is guided, nay, “inspired” by the Old Testament.  Here’s an excerpt from the company’s 2016 10K: Zion’s vision, […]
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Quick Blurbs [FAST – Fastenal, MSM – MSC Industrial]

(1,206 words) [MSM Earnings (1/11/17)] Management is reluctant to say that the environment has turned but November was better than expected and December saw growth across all customer and product types, including an unexpected “spike” in capital-related sales (machinery, machine tool accessories, tooling package orders), which usually happens when customers are optimistic about the future, […]

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