Jeb Bush to Present at NobleCon16 Investor Conference

Jeb Bush to Present at NobleCon16 Investor Conference

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

Presidents Day 2020, Jeb Bush, Governor of Florida (1999-2007) will provide the opening address at Noble Capital Markets annual investor conference, NobleCon16. Bush’s keynote address on Monday, February 17, should offer a unique perspective on the upcoming election, along with current business and economic topics.

During his eight years as Governor, Bush became known for his pro-business, low-tax position. He reduced taxes by $19 million, cut the size of Florida’s state government by 6.6% and vetoed $2 billion in new spending. During that time the state’s reserves grew from $1 billion to $10 billion, resulting in Florida being the only state from 1999-2007 to be upgraded to AAA by analysts at S&P. “NobleCon offers family offices, self-directed investors, investment advisors and institutional investors direct access to America’s most important asset: emerging growth companies,” said Bush. “These are the companies that represent breakthroughs in technology, science and medicine. I’m looking forward to being a small part of this important conference.”

The conference is open to investors, including, institutions family offices, investment advisors, hedge funds, equity analysts, private equity & venture capital firms, independent brokers, wealth managers, and self-directed investors. Information for those wishing to attend can be found on the NobleCon conference
website
.

His keynote address is one of many important announcements Noble has been making concerning NobleCon16. Additional “in-the-know” presenters and the details of six different panel presentations with topics such as; Oncology, Inflammasomes Immunotherapy Agents, Type 1 Diabetes, Precious Metals Exploration, International Transportation & Logistics, and others.

Should you attend NobleCon16?

If you’re a Channelchek user, you already have an interest in discovering more about the types of companies that will be represented at NobleCon16.  NobleCon conferences experience 70% repeat attendance by investors who want to build on their understanding of opportunities and perhaps meet privately with company management to best understand potential.  If you’re a money manager, family office, financial services provider, self-directed investor, or equity analyst, you are likely to learn of companies, products, and breakthroughs you could easily miss in a world where larger household name companies get the majority of the spotlight. Some of tomorrow’s household names are companies that benefit from more light being shed on them today. That’s what NobleCon and ChannelChek are about, shedding more light on small and microcap opportunities — unearthing actionable ideas.

More Information:

www.NobleConference.com

https://noblecapitalmarkets.com/news/jeb-bush-noblecon

Photo Courtesy of: Gage Skidmore

Do Budget Deficits Matter? U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year

Do Budget Deficits Matter? U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

The U.S. budget deficit topped $1 trillion in calendar 2019 according to Treasury Department figures released on Monday.  The $1.02 trillion deficit was an increase of 17.1% from the previous year.  The U.S. deficit has expanded for four consecutive years. This is the first time this has happened since the early 1980s.  With the latest figures, the national debt has now grown to $23.2 trillion.  Budget plans for the fiscal year ending September 30, 2020, anticipate a deficit of $1.1 trillion. This is based on government spending of $4.75 trillion and revenue of $3.65 trillion.  Kimberly Amadeo, of The Balance, cites three reasons for the increase in the budget deficit in recent years.  First, she points to increased defense spending ($989 billion) in response to an expanded war on terrorism.  Second, tax cuts have added $3 trillion to the national debt greatly increasing debt servicing costs ($479 billion).  Finally, she points to a growth in unfunded mandatory spending for programs such as Medicaid ($419 billion) and Medicare ($645 billion).  Put succinctly, more than half of government spending is going toward programs that would be very difficult to cut.  So, is the federal deficit a runaway train about to derail (Bear case), or is the increase a manageable outcome of an expanding economy (Bull case)?

Long Story Short: The Budget Deficit Growth Shows No Signs of Slowing Down

Do Budget Deficits Matter? U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

The U.S. budget deficit topped $1 trillion in calendar 2019 according to Treasury Department figures released on Monday.  The $1.02 trillion deficit was an increase of 17.1% from the previous year.  The U.S. deficit has expanded for four consecutive years. This is the first time this has happened since the early 1980s.  With the latest figures, the national debt has now grown to $23.2 trillion.  Budget plans for the fiscal year ending September 30, 2020, anticipate a deficit of $1.1 trillion. This is based on government spending of $4.75 trillion and revenue of $3.65 trillion.  Kimberly Amadeo, of The Balance, cites three reasons for the increase in the budget deficit in recent years.  First, she points to increased defense spending ($989 billion) in response to an expanded war on terrorism.  Second, tax cuts have added $3 trillion to the national debt greatly increasing debt servicing costs ($479 billion).  Finally, she points to a growth in unfunded mandatory spending for programs such as Medicaid ($419 billion) and Medicare ($645 billion).  Put succinctly, more than half of government spending is going toward programs that would be very difficult to cut.  So, is the federal deficit a runaway train about to derail (Bear case), or is the increase a manageable outcome of an expanding economy (Bull case)?

Research – Kelly Services Inc. (KELYA) – Latest Acquisition Adds to Educational Services segment

Thursday, January 1, 2020

Kelly Services Inc. (KELYA)

Latest Acquisition Adds to Educational Services Segment

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company’s operations are divided into three business segments namely Americas Staffing, Global Talent Solutions (“GTS”) and International Staffing. It provides staffing solutions through its branch networks in Americas and International operations and also provides a suite of innovative talent fulfilment and outcome-based solutions through GTS segment. Americas Staffing generates maximum revenue from its operations.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Acquires Insight. After the market closed on Tuesday, Kelly announced the acquisition of Insight, a fast growing educational services staffing company serving some 60 school districts across four states. The Insight acquisition continues Kelly’s strategy of expanding its business in key specialties, in our view.

Strengthens Existing Markets. Insight strengthens Kelly’s presence in existing markets, although in three states, NJ, IL, and MA, it is almost like greenfield territory, while in PA, Insight will be additive to existing operations. Insight brings to the table a tech focus which may prove useful to Kelly’s existing operations. Key management is expected to remain with…



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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research kelly services inc- kelya latest acquisition adds to educational services segment

Thursday, January 1, 2020

Kelly Services Inc. (KELYA)

Latest Acquisition Adds to Educational Services Segment

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company’s operations are divided into three business segments namely Americas Staffing, Global Talent Solutions (“GTS”) and International Staffing. It provides staffing solutions through its branch networks in Americas and International operations and also provides a suite of innovative talent fulfilment and outcome-based solutions through GTS segment. Americas Staffing generates maximum revenue from its operations.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Acquires Insight. After the market closed on Tuesday, Kelly announced the acquisition of Insight, a fast growing educational services staffing company serving some 60 school districts across four states. The Insight acquisition continues Kelly’s strategy of expanding its business in key specialties, in our view.

Strengthens Existing Markets. Insight strengthens Kelly’s presence in existing markets, although in three states, NJ, IL, and MA, it is almost like greenfield territory, while in PA, Insight will be additive to existing operations. Insight brings to the table a tech focus which may prove useful to Kelly’s existing operations. Key management is expected to remain with…



Get the full report on Channelchek desktop.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research pyxis tankers pxs delta mr tanker sale closed

Thursday, January 16, 2020

Pyxis Tankers Inc. (PXS)

Delta MR Tanker Sale Closed

Pyxis Tankers Inc is a United States-based international maritime transportation company which focuses on the product tanker sector. It owns a fleet which comprises of double hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Pyxis Delta, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Sale of 2006-built MR Tanker has closed. The Pyxis Delta sale was driven by the trade-off between cash flow potential and rising fuel/maintenance cost, including the cost of the upcoming 15-year survey. In addition, debt repayment might have played a role.

No impact to 2019 estimates. Our 2019 EBITDA estimate stays in the $6.2 million range based on TCE rates of…



Get the full report on Channelchek desktop.

This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – Pyxis Tankers (PXS) – Delta MR Tanker Sale Closed

Thursday, January 16, 2020

Pyxis Tankers Inc. (PXS)

Delta MR Tanker Sale Closed

Pyxis Tankers Inc is a United States-based international maritime transportation company which focuses on the product tanker sector. It owns a fleet which comprises of double hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Pyxis Delta, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Sale of 2006-built MR Tanker has closed. The Pyxis Delta sale was driven by the trade-off between cash flow potential and rising fuel/maintenance cost, including the cost of the upcoming 15-year survey. In addition, debt repayment might have played a role.

No impact to 2019 estimates. Our 2019 EBITDA estimate stays in the $6.2 million range based on TCE rates of…



Get the full report on Channelchek desktop.

This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research orion group holdings orn new concrete awards help near term visibility

Wednesday, January 15, 2020

Orion Group Holdings (ORN)

New Concrete Awards Help Near-term Visibility

Orion Group Holdings, based in Houston, Texas, is a specialty construction company within the Marine and Industrial Construction sectors, with operations focused in the continental United States and Caribbean. Revenue is split roughly 50/50 between a Marine Construction segment that provides marine facility, pipeline and structural construction services and a Commercial Concrete segment that provides turnkey concrete services in the light commercial and structural construction markets.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Concrete awards of $22 million helps 2020 visibility. Three light commercial jobs in Texas totaling $22 million were awarded; two in Dallas for $14 million and another in Houston for $8 million. The work helps concrete visibility since it begins this quarter with completion by end of 3Q2020.

The outlook remains very good and added awards on the horizon. More than $1.0 billion of bids remain outstanding so additional awards are likely. A large proposed cruise port project in George Town is likely to slip further into this year due to…



Get the full report on Channelchek desktop.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – Orion Group Holdings (ORN) – New Concrete Awards Help Near-term Visibility

Wednesday, January 15, 2020

Orion Group Holdings (ORN)

New Concrete Awards Help Near-term Visibility

Orion Group Holdings, based in Houston, Texas, is a specialty construction company within the Marine and Industrial Construction sectors, with operations focused in the continental United States and Caribbean. Revenue is split roughly 50/50 between a Marine Construction segment that provides marine facility, pipeline and structural construction services and a Commercial Concrete segment that provides turnkey concrete services in the light commercial and structural construction markets.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Concrete awards of $22 million helps 2020 visibility. Three light commercial jobs in Texas totaling $22 million were awarded; two in Dallas for $14 million and another in Houston for $8 million. The work helps concrete visibility since it begins this quarter with completion by end of 3Q2020.

The outlook remains very good and added awards on the horizon. More than $1.0 billion of bids remain outstanding so additional awards are likely. A large proposed cruise port project in George Town is likely to slip further into this year due to…



Get the full report on Channelchek desktop.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – Great Panther Mining Limited (GPL) – Upgrading to Outperform Based on Improving Risk and Reward Profile

Wednesday, January 15, 2020

Great Panther Mining Limited (GPL)

Upgrading Based on Improving Risk and Reward Profile

Great Panther Mining Limited, headquartered in Vancouver, Canada, is a precious metals mining and exploration company that operates three mines. These include: 1) the Tucano gold mine in Amapa State, Brazil, 2) the Guanajuato mine complex which includes the Guanajuato and San Ignacio mines in Mexico, and 3) the Topia mine in Mexico. Great Panther also owns the Coricancha Mine in Peru, which is expected to restart operations in 2020. The shares are traded under the ticker “GPR” on the Toronto Stock Exchange and under the ticker “GPL” on the NYSE American.

Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

GPL reports fourth quarter production results. In aggregate, fourth quarter production increased 275.7% to 44,697 gold equivalent ounces versus the prior year period and decreased 5.7% compared to the third quarter of 2019. The significant year-over-year increase in gold production reflects the acquisition of the Tucano Gold Mine in March 2019. Fourth quarter gold production from the Tucano mine exceeded the recent guidance range of 31,000 to 33,000 ounces with production of 34,181 ounces.

Full year 2019 production. In 2019, Great Panther produced 146,853 gold equivalent ounces which was above the midpoint of management’s guidance range of 142,000 to 149,000 ounces. In addition to the Tucano mine’s strong finish to the year, the Topia mine experienced higher year-over-year production as a result of…



Get the full report on Channelchek desktop.

This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research great panther mining limited gpl upgrading to outperform based on improving risk and reward profile

Wednesday, January 15, 2020

Great Panther Mining Limited (GPL)

Upgrading Based on Improving Risk and Reward Profile

Great Panther Mining Limited, headquartered in Vancouver, Canada, is a precious metals mining and exploration company that operates three mines. These include: 1) the Tucano gold mine in Amapa State, Brazil, 2) the Guanajuato mine complex which includes the Guanajuato and San Ignacio mines in Mexico, and 3) the Topia mine in Mexico. Great Panther also owns the Coricancha Mine in Peru, which is expected to restart operations in 2020. The shares are traded under the ticker “GPR” on the Toronto Stock Exchange and under the ticker “GPL” on the NYSE American.

Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

GPL reports fourth quarter production results. In aggregate, fourth quarter production increased 275.7% to 44,697 gold equivalent ounces versus the prior year period and decreased 5.7% compared to the third quarter of 2019. The significant year-over-year increase in gold production reflects the acquisition of the Tucano Gold Mine in March 2019. Fourth quarter gold production from the Tucano mine exceeded the recent guidance range of 31,000 to 33,000 ounces with production of 34,181 ounces.

Full year 2019 production. In 2019, Great Panther produced 146,853 gold equivalent ounces which was above the midpoint of management’s guidance range of 142,000 to 149,000 ounces. In addition to the Tucano mine’s strong finish to the year, the Topia mine experienced higher year-over-year production as a result of…



Get the full report on Channelchek desktop.

This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in the full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Long Story Short: Ocean Seabed May Provide Future Supply of Cobalt and Rare Earth Metals

Cobalt and Rare Earth Metals from the Ocean Floor Eyed to Meet Growing Battery Demand

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

The pursuit of seabed minerals, including polymetallic nodules containing nickel, copper, cobalt, and manganese is being driven by growing demand for batteries to power electric cars and to store wind and solar energy.  Discoveries of rich deposits on the seafloor and advances in technology are generating renewed interest in seafloor mining.  The International Seabed Authority (ISA), representing 168 countries as the trustee of the mineral resources of the deep seabed, has approved 30 contracts for exploration in international waters.  These contracts encompass 0.7% of the world’s seabed.  ISA is currently developing exploitation regulations for deep-sea marine minerals.  Technology advances, including remotely operated vehicles, robotics, and communications technology, make deep-sea mining more feasible, the deep ocean is starting to look increasingly attractive.  We look at the bull and bear arguments for opening the ocean seafloor to mining.

Cobalt and Rare Earth Metals from the Ocean floor Eyed to Meet Growing Battery Demand

Cobalt and Rare Earth Metals from the Ocean Floor Eyed to Meet Growing Battery Demand

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

The pursuit of seabed minerals, including polymetallic nodules containing nickel, copper, cobalt, and manganese is being driven by growing demand for batteries to power electric cars and to store wind and solar energy.  Discoveries of rich deposits on the seafloor and advances in technology are generating renewed interest in seafloor mining.  The International Seabed Authority (ISA), representing 168 countries as the trustee of the mineral resources of the deep seabed, has approved 30 contracts for exploration in international waters.  These contracts encompass 0.7% of the world’s seabed.  ISA is currently developing exploitation regulations for deep-sea marine minerals.  Technology advances, including remotely operated vehicles, robotics, and communications technology, make deep-sea mining more feasible, the deep ocean is starting to look increasingly attractive.  We look at the bull and bear arguments for opening the ocean seafloor to mining.