Acme United (ACU – $17.54) had an excellent third quarter as it achieved record sales and earnings. Net sales for the third quarter, ended September 30, 2014, reached $30.0 million, compared to $22.1 million in the same quarter last year, an increase of $7.9 million, or 36%. Net income in the third quarter of 2014 rose by 24% to $1,190,000, or $.34 per diluted share, versus $959,000, or $.29 per diluted share, in the comparable quarter last year.
Organic sales for the third quarter increased approximately $3.5 million, or 16%, year over year. This was mainly driven by strong back-to-school sales where iPoint pencil sharpers excelled, increased Camillus knives distribution where Les Stroud continues to do well and first aid sales. Recently acquired First Aid Only, contributed about $4.3 million in sales during the quarter and is on target to meet its goals for this year.
For the nine months, ended September 30, 2014, net sales were [click to continue…]
Last week, we recommended MCW Energy Group (MCW – $1.01), not only because it has an environmental friendly technology with which it can produce oil from oil sands at $35 per barrel, but also because it had recently demonstrated the validity of its technology on the oil sands of Utah. In other words, the company had gone through much of its de-risking cycle, so it was an ideal time to get on board.
Smallcaps.us recommended the stock last week at $0.87, and it closed yesterday at $1.01, up 20%. During the week, the stock reached a high of $1.14, up 31% compared with our recommended price.
Similar to what happened with Innovative Food the week before, smart investors recognized the opportunity and bought shares.
MCW announced this week that it completed [click to continue…]
To help fight the Ebola outbreak in West Africa, Acme United (ACU – $17.29) donated 150,000 disposable respirator masks, worth about $500,000, to the non-profit organization MAP International.
Walter C. Johnsen, Chairman and CEO of Acme, said, “We are very fortunate to be able to help the humanitarian efforts, and I’m delighted to announce this donation.”
The key to containing Ebola is having enough medical supplies. Unfortunately, that’s not the case in Africa at the moment, where the affected countries have a shortage of medical staff and goods to treat the patients. As a result, the disease continues to spread.
Exactly for that reason the chance of Ebola becoming a pandemic in the Western world is minimal. However, it does mean that countries and cities in North America and Europe need to prepare themselves in case they’re confronted with infected people coming from Africa.
This is where Acme’s first aid brand Pac-Kit can be [click to continue…]
Although MCW Energy Group (TSXV:MCW – $0.84 & OTCQB:MCWEF – $0.75) is a Canadian Company, it conducts almost all of its business in the United States.
The Company’s wholly owned subsidiary MCW Fuels is engaged in the marketing and sale of unleaded and diesel land fuel products and related services in Southern California. MCW Fuels also holds a 51% interest in MCW Oil Sands Recovery, which is engaged in a tar sands mining and oil processing operation using a closed-loop solvent based extraction system that recovers bitumen from surface mining.
While the fuel distributing business has been the only source of revenues for MCW Energy so far – $431.9 million in fiscal year 2013 – we’re mostly attracted to this Company because of its revolutionary oil sands recovery business.
The timing of this recommendation is ideal as the oil sands extraction technology was successfully demonstrated for the first time just a couple of weeks ago. [click to continue…]
Innovative Food Holdings’ (IVFH – $1.57) stock price was on a roll the past week. After Smallcaps.us recommended the stock last week at $1.35, it closed at $1.57 yesterday, up 16 percent and it had even been as high as $1.75, or up 30 percent, during the week.
In itself this is a nice achievement, but it makes it even more remarkable knowing through how much turmoil the markets went the past five trading days.
The Company didn’t issue any news and volumes weren’t extremely high, so these were all savvy small cap investors picking up cheap Innovative Food shares. This truly demonstrates the power of investing in small cap stocks. These little ones don’t follow the whims of major Wall Street indexes, they’re in a category of their own.
It’s just a matter of doing your homework and buying undervalued companies that already have a solid business, like Acme United or Innovative Food, or companies that are on the brink of a breakthrough with an extraordinary [click to continue…]
Innovative Food Holdings (IVFH – $1.35) enables, through a fully managed specialty food platform, the distribution of direct from source specialty food products in the United States. The Company has had 19 consecutive quarters of year-over-year revenue growth and is trading at a P/E of 5.2, excluding one-time items.
The Company receives orders from its customers and then works closely with its suppliers and warehouse facilities to have the orders fulfilled within 24 to 72 hours. In order to maintain freshness and quality, suppliers are carefully selected based upon their quality, uniqueness, reliability and access to overnight courier services.
In the professional foodservice channel, Innovative Food Holdings’ platform manages the nationwide sales, sourcing and procurement, logistics, customer service and distribution of over 7,000 specialty food products. Many of Innovative Food Holdings’ products are used on a daily basis by some of the approximately 40,000 leading professional chefs across the United States. Customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals and catering houses.
In the direct to consumer channel, the Company offers [click to continue…]
Calgary Tunneling, a subsidiary of Enterprise Group (E – $0.73), which is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries, was awarded a significant waterway crossing project from a major Alberta based corporation.
Direct Pipe, one of the most technologically advanced and environmentally friendly tunneling systems in the world, will be employed to install a 42-inch pipe casing under the Bow River in the city of Calgary, Alberta.
The value of this project is approximately $2.5 million and is expected to be complete in the fourth quarter of 2014.
Direct Pipe, manufactured by Herrenknecht of Germany, is a sophisticated hybrid that incorporates the best features of both micro tunneling and horizontal directional drilling. It’s unique in both [click to continue…]