Tag Archives: MSM

QUICK BLURBS [Ashtead, FAST, MSM, URI, ZN]

[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 [DAL, GBX, MSM/FAST]

(2,130 words) [MSM: 4/6/17; FAST: 4/12/17] Recall that 70% of MSM’s sales come from manufacturing customers (esp. metalworking), who have seen their average daily sales decline by msd/hsd for each of the last 5 quarters prior to 4q16.  Last quarter, the company saw the beginnings of a recovery…. Management is reluctant to say that the […]
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QUICK BLURBS [FAST, MSM]

(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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