Author: Admin

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Comtech Telecommunications Corporation (CMTL) – Another Major NG911 Win

Posted on by Admin

Wednesday, November 25, 2020

Comtech Telecommunications Corporation (CMTL)
Another Major NG911 Win

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.

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

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

    NG 911 Win. Comtech has been awarded a statewide contract valued up to $175.1 million to design, deploy, and operate Next Generation 911 services for the Commonwealth of Pennsylvania. This latest win adds to Comtech’s impressive list of NG911 wins, which include Massachusetts, South Carolina, Northern Illinois, and Australia. The Company continues to seek out additional NG911 opportunities and we believe at least one more major contract could be awarded this year.

    Contract Details.  Pennsylvania initially funded the contract for $137.4 million, of which Comtech expects to record $111.6 million as a booking during its fiscal 2021 second quarter. The term of the contract is for seven years with a potential three-year extension. We anticipate revenues to begin to flow to Comtech in the fourth quarter of fiscal 2021 and believe the contract could add …



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. 

Schwazze (SHWZ) – Schwazze: Building a Seed to Sale Colorado Powerhouse

Posted on by Admin

Tuesday, November 24, 2020

Schwazze (SHWZ)

Schwazze: Building a “Seed to Sale” Colorado Powerhouse

Medicine Man Technologies, Inc. is now operating under its new trade name, Schwazze. Schwazze is executing its strategy to become a leading vertically integrated cannabis holding company with a portfolio consisting of top-tier licensed brands spanning cultivation, extraction, infused-product manufacturing, dispensary operations, consulting, and a nutrient line. Schwazze leadership includes Colorado cannabis leaders with proven expertise in product and business development as well as top-tier executives from Fortune 500 companies. As a leading platform for vertical integration, Schwazze is strengthening the operational efficiency of the cannabis industry in Colorado and beyond, promoting sustainable growth and increased access to capital, while delivering best-quality service and products to the end consumer. The corporate entity continues to be named Medicine Man Technologies, Inc.

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

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

    Initiating Coverage. We are initiating coverage of Schwazze. Our rating and price target assume the Company is successful in its acquisition of Star Buds. At our price target SHWZ shares would trade at 3.5x projected 2021 revenue and 14.2x projected 2021 EBITDA.

    Experienced Management Team.  Lead by former Albertson’s executive Justin Dye, Schwazze has assembled a management team with deep experience in both the cannabis business as well as finance, M&A, and operations. Significantly, Mr. Dye and the executive team are highly motivated through their ownership interest in delivering success for shareholders …



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. 

Release – Energy Fuels (UUUU) – To Present at the H.C. Wainwright Virtual Mining Conference on Monday, November 30 at 3:00 pm ET

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Energy Fuels to Present at the H.C. Wainwright Virtual Mining Conference on Monday, November 30 at 3:00 pm ET

 

LAKEWOOD, Colo., Nov. 24, 2020 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that the Company’s President and CEO, Mark S. Chalmers, will present at the H.C. Wainwright Mining Conference on Monday, November 30, 2020 at 3:00 pm ET. The conference will be held on November 30 and December 1, 2020.

During his live webcast, Mr. Chalmers will provide an update on the Company, including progress on its uranium and rare earth element (REE) initiatives.

To join the webcast, please click on the following link:

Energy Fuels’ H.C. Wainwright Presentation

Mr. Chalmers will also be available to participate in one-on-one meetings with investors who are registered to attend the conference via Zoom. If you are an institutional investor, and would like to schedule a meeting with Mr. Chalmers, please click on this link to register for the conference and request a meeting.

About Energy Fuels: Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the potential to recover rare earth elements at its White Mesa Mill. Its corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the Company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” Energy Fuels’ website is www.energyfuels.com.

SOURCE Energy Fuels Inc.

For further information: Investor Inquiries: Energy Fuels Inc., Curtis Moore, VP – Marketing and Corporate Development, (303) 974-2140 or Toll free: (888) 864-2125, [email protected]; www.energyfuels.com

Are We Headed to Another Oil Collapse?

Posted on by Admin

 


Oil Storage Numbers are Worth Watching

 

Cushing, Oklahoma is a major trading hub for crude oil and a price settlement point for West Texas Intermediate (WTI) oil prices. It is located at the intersection of many pipelines and has 91 million barrels (MMbbls) of oil storage capacity. As such, most of the oil that is produced in the Permian Basin flows through Cushing, with 6.5 MMbbls of oil flowing in and out of Cushing each day. An estimated ten MMbbls of new storage and 1.6 MMbbls of exit capacity is being considered to address current bottlenecks.  Those bottlenecks became clear at the end of April when traders were caught with long oil positions at Cushing and no place to store or transport the positions. WTI oil prices turned negative briefly as traders scrambled out of positions. In hindsight, the issues seen in April seem obvious if one was tracking the rise in storage levels that occurred in March and April as the pandemic sapped demand, but producers kept on producing. With COVID-19 cases growing again, we see a similar story unfold as Cushing oil inventories approach levels seen last April. Are we headed to another oil price meltdown? Or, has the market learned its lesson?

 

 

The Reasons Why Oil Prices May Be Headed for A Crash

The current situation is looking eerily like last spring. COVID-19 cases are rising, and government officials are putting new restrictions in place. People are driving less as they work out of their homes and stop going out to restaurants and theaters. Gasoline represents 44% of the output of a crude oil barrel. Distillate fuel oil (28% of crude oil) is turned into diesel fuel and heating oil, which are also affected by pandemic mitigation. Jet fuel (10%) has also been negatively affected as recreation and business travel has decreased. The result is that refineries are running at low capacity with decreased demand for its products, which means it has less demand for crude oil.

 

 

With the number of COVID-19 cases growing, there is little indication that crude oil demand will return in the foreseeable future. On the demand side, producers have not shown signs of reducing production. With wells taking several months to drill, a supply response generally does not come in response to one month’s rise in storage. Shutting in existing production is a possibility, but shutting in and restarting production is expensive, and companies are unlikely to take such drastic steps if the drop in price is viewed as a temporary event.

 

The reason why oil prices are not headed to a crash

The crash of last spring was due to traders being caught in long oil contracts with no place to store the product. As recently as January, money managers had large open oil positions. They began exiting these positions in February and March, but it wasn’t until April that they were forced to exit positions at a loss. Turning to the current situation, we do not see the same involvement in the market by money managers. Long positions have held steady. There is less speculation in the oil market today than there was last spring, and speculation leads to price volatility.  It is reasonable to assume, then, that the traders currently taking long positions in the market are doing so to meet demand and not because they are betting on oil prices.

 

 

It is also important to remember that WTI prices do not represent the entire oil market. When WTI prices crashed last spring, it’s worth noting that Brent oil price did not. That may come as little comfort for energy companies operating in the Permian Basin, but it should provide some comfort for energy companies in other operating areas.

 

 

It is too early to say whether we are headed to a repeat of last spring. Higher storage levels are a concern but not a condemnation of current price levels. With the expiration of the December future’s contract less than two weeks away, the number bears watching.

 

Suggested Reading:

Contango and the Known Risk to ETFs

Will Oil Prices Rise in 2021?

Tesla Car Batteries and Virtual Power Plants

 

Do You Know a College Student?

Tell them about the College Challenge!

 

Source:

https://finance.yahoo.com/news/america-biggest-oil-storage-hub-005607002.html, Lucia Kassai and Andrew Guerra Luz, Bloomberg, November 20, 2020

https://en.wikipedia.org/wiki/Cushing,_Oklahoma, Wikipedia

http://www.okenergytoday.com/2020/10/cushing-oil-hub-isnt-following-national-trend-of-crude-oil-storage/, OK Energy Today, October 3, 2020

https://www.cmegroup.com/education/lessons/the-importance-of-cushing-oklahoma.html#:~:text=Cushing’s%20inbound%20and%20outbound%20pipeline,of%20barrels%20of%20oil%20daily., CME Group

https://rbnenergy.com/that-was-then-this-is-now-part-2-new-crude-pipeline-capacity-out-of-the-cushing-hub, Housley Carr, RBN Energy LLC

 

Euroseas (ESEA) – Soft 3Q2020 But Container Market Fundamentals Improving

Posted on by Admin

Monday, November 23, 2020

Euroseas Ltd. (ESEA)

Soft 3Q2020 But Container Market Fundamentals Improving

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers. As of March 31, 2017, it had a fleet of seven containerships; and six drybulk carriers, including three Panamax drybulk carriers, one Handymax drybulk carrier, one Kamsarmax drybulk carrier, and one Ultramax drybulk carrier. The company was founded in 2005 and is based in Maroussi, Greece.

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

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

    Adjusted 3Q2020 EBITDA of $1.3 million below expectations mainly due to lower TCE rates and higher opex. Reported adjusted EBITDA was $1.2 million. We added back drydock expenses of $0.1 million to calculate adjusted EBITDA of $1.3 million, which was about $1.0 million below our estimate of $2.3 million.

    Adjusting 2020 EBITDA estimate.  Negative 3Q2020 variance more than offsets stronger container market fundamentals. To reflect the negative 3Q2020 variance and current container market fundamentals, we are forecasting 2020 EBITDA of $12.1 million based on TCE rates of $9,140/day, down from our previous estimate of $13.1 million based on TCE rates of $9,220/day …



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. 

Pyxis Tankers Inc. (PXS) – Lowering EBITDA Estimate to Reflect 3Q2020 and Soft Outlook

Posted on by Admin

Monday, November 23, 2020

Pyxis Tankers Inc. (PXS)

Lowering EBITDA Estimate to Reflect 3Q2020 and Soft Outlook

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.

    3Q2020 EBITDA Below Expectations. Adjusted 3Q2020 EBITDA of $0.7 million was below our estimate due to lower TCE revenue and higher opex and G&A expenses. TCE revenue was $4.37 million, below our estimate by $0.8 million, and opex of $2.59 million was $0.3 million higher. G&A expense of $0.63 million was also $0.1 million higher. TCE rates were $801/day off our estimate and operating days were 39 days below.

    Moving 2020 EBITDA estimate down to $4.0 million (from $5.9 million) based on TCE rates of $11,843/day (down from $12,406/day) and 1,568 operating days to reflect 3Q2020 operating results, softer rates and the dry dockings on the two small tankers in October.  As of November 11th, 68% of available days booked for 4Q2020 (to earliest re-delivery) at an average MR2 gross TCE rate of $14,565/day versus …



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. 

When Will Western Canadian Oil Producers Improve Cash Flow?

Posted on by Admin

 

Improved Efficiencies and Rising Oil Prices May Help West Canada Producers to Soon Generate Strong Cash Flow

 

Canada is the fourth-largest producer of oil and the third-largest exporter of oil.  Most of their production comes from Western Canada, which has a long history of oil production. About 80% of the oil produced in Canada is from the Alberta Providence, with Saskatchewan producing another 10%. About half of Canadian oil production is from oil sands deposits in northern Alberta and Saskatchewan. Oil sands (tar sands, crude bitumen, or bituminous sands) are sandstone deposits containing a mix of sand, clay, and water. Within the deposits is a dense, viscous form of petroleum that may require heating or dilution to allow the oil to flow to the surface. While oil sand production garners significant attention due to large deposits, it is worth noting that western Canada also has large deposits of more traditional oil deposits in shale formations. These formations are fracked to produce quick payouts and low decline curves, similar to the Permian Basin deposits in the United States. And like the Permian Basin wells, drilling, and operating costs are declining as companies perfect the process.

 

Lower Production Costs

Oil sand production has grown in recent years as the cost of an oil sand project has decreased 25-33%. The breakeven oil price for oil sand projects has fallen from around $65 per barrel to $45 per barrel. Oil sand production has larger upfront fixed costs due to the construction of steaming facilities. That makes them less likely to shut in or cut back drilling due to temporary decreases in prices. Shale production, on the other hand, is more flexible to changes in oil prices. Shale production also tends to be less expensive to produce than oil sand, with companies reporting production costs closer to $20 per barrel and all-in breakeven pricing closer to $30 per barrel.

 

Oil Sands bpd production has increased as conventional bpd production has remained stable

 

Western Canada Shale Plays

There are many shale plays in western Canada. The Cardium Formation is one of the largest shale formations and includes several profitable plays including the Pembina Field, the largest oil field in Alberta. Other producing areas in Western Canada include the Muskiki Formation, the Wapiabi Formation, the Blackstone Formation and the Kaskapau Formation.

As western Canadian oil production grows, new infrastructure needs to be built to transport and store oil. Delays in the construction of new pipelines has meant that the Western Canadian Select oil price trades at a discount of approximately $10 per barrel to West Texas Intermediary prices. That discount roughly offset the gains associated with converting prices from the U.S. dollar to the Canadian dollar. There is a good chance the basin discount will decrease as new pipelines are built. Mark Salkeld, president of the Petroleum Services Association of Canada explains, “The only thing holding us back is access to market and the cost.”

 

Shale oil production in western Canada went dormant when oil prices sunk last spring

 

Take-Away

With oil price rebounding during the summer, production is returning. With low production costs and improving prices, western Canadian oil producers may soon be generating strong cash flow once again.

 

Register Now for Today’s Virtual Road Show Featuring InPlayOil (IPO:CA, IPOOF):

 

Virtual Attendance of the InPlay Oil (IPOOF)(IPO:CA) Virtual Road Show – has limited free registration.

TODAY, November 23 1pm EST

Join Douglas Bartole – CEO & President as he discusses his company and answers questions from attendees. REGISTER

 

Sources:

https://en.wikipedia.org/wiki/Oil_sands

https://www.businesswire.com/news/home/20190501005040/en/Costs-of-Canadian-Oil-Sands-Projects-Fell-Dramatically-in-Recent-Years-But-Pipeline-Constraints-and-other-Factors-Will-Moderate-Future-Production-Growth-IHS-Markit-Analysis-Says, Businesswire, May 01, 2019

https://www.reuters.com/article/us-canada-oil-shale-insight/why-canada-is-the-next-frontier-for-shale-oil-idUSKBN1FI0G7, Nia Williams, Reuters, January 29, 2018

https://static.aer.ca/prd/documents/reports/DuvernayReserves_2016.pdf, Alberta Energy Regulator, December 2016

http://oilshalegas.com/cardiumshale.html, Oilshalegas.com

Release – Noble Capital Markets, Inc. Announces Type-1 Diabetes Day- The Beginning of the End – Close to a Cure?

Posted on by Admin

Noble Capital Markets, Inc. Announces Type-1 Diabetes Day- The Beginning of the End; Close to a Cure?

 

A Panel of World Experts Breaks it all Down in a Virtual Presentation

 

Boca Raton, Fla., Nov. 23, 2020 (VIA NEWSWIRE)  — Noble Capital Markets, Inc. (“Noble”) announced today that it will host Type-1 Diabetes Day where Dr. Camillo Ricordi and a world-class panel of T1D experts will discuss progress toward a functional cure. The virtual event “Type-1 Diabetes – The Beginning of the End; Close to a Cure?” is investor focused but will have broad appeal among all interested in the progress toward a functional cure for T1D. It is to be held November 24, 2020, at 12:30 online to all who register here.

Dr. Camillo Ricordi revolutionized a method of transplantation of islet cells (cells that produce insulin) 32 years ago. His method remains the gold standard today. The promise of overcoming one of the most challenging problems with any transplantation occurred when an anti-rejection antibody being explored for ALS was coupled with the transplantation. New islet cells had previously been rejected by the host. The anti-rejection antibody was key to this procedure jumping several steps closer to success.

The Panel will be moderated by Noble’s Nathan Cali, Managing Director, Head of Healthcare Investment and Merchant Banking, with a primary focus on the Novus Therapeutics, Inc. (NASDAQ:NVUS) – CD40/CD40L – FDA Phase II toxicity and efficacy trials and ongoing progress toward a functional cure with islet cell transplantation. The world-renowned panelists include:

  • Dr. Camillo Ricordi, Director of the Diabetes Research Institute at the University of Miami School of Medicine – Ranked as the World Leader in Islet Cell Transplant.
  • Dr. James Markmann, Chief of the Division of Transplant Surgery and Director of Clinical Operations at the Transplant Center at Massachusetts General Hospital, and the Claude Welch Professor of Surgery at Harvard Medical School.
  • Dr. Norma Sue Kenyon, Martin Kleiman Professor of Surgery, Microbiology and Immunology and Biomedical Engineering at the Diabetes research Institute.
  • Dr. David Gros, Chief Executive Officer Novus Therapeutics; Dr. Steven Perrin, President & CSO, Novus Therapeutics.
  • Eric Paslay, two-time Grammy award nominee country recording artist, & owner of The Country Note, a podcast featuring patients who battle diabetes.

November is Diabetes Awareness Month; this expert panel presentation will elevate awareness for investors and others interested in promising progress toward a functional cure for T1D.  The presentation is expected to last two hours and will be held at 12:30 PM (register to attend) on November 24, 2020. Attendance is open and at no cost to all who register for T1D-Day. As conference time is limited, Noble requests that only investment focused attendees participate by asking questions of the panelists. 

Who should attend Type-1 Diabetes Day?

Investors, including institutions, family offices, investment advisors, hedge funds, equity analysts, private equity & venture capital firms, independent brokers, wealth managers, and self-directed investors, will benefit from attending.

The subject is of interest to those within the investment community, medical practitioners and  others interested in the future of T1D. “Noble is proud of its part in the progression toward a cure,” said Nico Pronk, CEO/President of Noble, he added, “Although we had hoped to have an in-person conference featuring this panel, we’re taking advantage of the online platform and making sure many more who are interested in this subject can attend without the need to travel farther than their desktop.”

About Noble Capital Markets, Inc.

Noble Capital Markets  is a research-driven boutique investment bank that has supported small & micro-cap companies since 1984. As a FINRA and SEC licensed, broker-dealer Noble provides institutional-quality equity research, merchant and investment banking, wealth management, and order execution services. Noble launched channelchek.vercel.app – an investment community dedicated exclusively to small and micro-cap companies and their industries in 2018. Channelchek is tailored to meet the needs of self-directed investors and financial professionals. Channelchek is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 6,000 public emerging growth companies are listed on the site, with growing content including research, webcasts, podcasts, and balanced news.

Registration: 

 https://register.gotowebinar.com/register/3215566146913039884

 

Contact:

Email: [email protected]

 

General Information:

www.noblecapitalmarkets.com

channelchek.vercel.app

College Students are Invited to Show-off Their Company Research Skills to Win

Posted on by Admin

 

Channelchek Again Kicks off the Giving Season Helping Students With a Research Contest – What You Should Know

 

A lot in 2020 has been canceled or postponed because of the pandemic; travel, weddings, even Mardis Gras celebrations in New Orleans. But the spirit of helping others has not been postponed, and thankfully not canceled. As we approach the year-end holiday season, Thanksgiving  into the New Year 2021, the idea of helping others has not been put-off and is more important than ever.

A perfect example of this is an event I had the pleasure of being a part of before COVID-19, one year ago. And despite some logistical pivoting, it’s an experience that is right on schedule this year— Only better! I’ll explain; as a reader, you know Channelchek is a platform for no-nonsense information on small and microcap stocks. This includes insightful and unbiased equity research from Noble Capital Markets, industry outlooks, articles on markets, economics, and business news you won’t find elsewhere. Channelchek also has a growing video library of discussions with management about their current operations and  outlook, along with a deep resource of data to help you search for “the next AAPL.”

During NobleCon on February 17, 2020, in Miami, Noble Capital Markets, Inc. arranged for conference keynote speaker former Florida Governor Jeb Bush to present to the College Contest winners. The contest was won by a two-person student team from The University of Tennessee at Chatanooga. Pictured here from right to left, Nico Pronk, CEO/President, Noble Capital Markets, Stephen Zurlo, College Challenge winner, Casey Szatkowski, College Challenge winner, and far-left Governor Jeb Bush.

Currently, Casey Szatkowski is  an investment Analyst in the Private Credit Dept. at Unum. Stephen Zurlo is an Associate with Alliance Bernstein; he has passed his Series 7 and will sit for the series 66 before year-end.

Channelchek is a sponsor of the annual research report College Challenge. Last year this contest put thousands of dollars in the hands of two students, helping to offset their education costs. The prize also provided a large donation directly to their school, The University of Tennessee at Chattanooga. As part of the total award, these students were offered a paid internship at Noble Capital Markets and had their award ceremony shown on the Nasdaq Tower in NYC. They were flown to Miami, where former Florida Governor Jeb Bush presented them with the cash portion of their prize in front of over 600 small and microcap investors at NobleCon16. NobleCon is the leading small and microcap investor conference hosted by Noble Capital Markets each year.

This year, with the help of Mike Kupinski, Director of Equity Research at Noble Capital Markets, the Channelchek College Challenge will again increase the visibility of equity research as an indispensable discipline benefitting both investors and public companies. Mr. Kupinski describes the current state of company research this way, “For a variety of reasons, we’ve seen a dramatic decrease in the number of graduates seeking employment as equity analysts. This field is critical to investors and companies, particularly small companies, with great ideas that struggle to be recognized and understood. We hope to incent more students to consider equity research and analysis as a career choice. “

The College Challenge, which kicks off just before Thanksgiving, asks students to register and submit entries by December 31st, (prizes awarded at NobleCon17 virtually the third week in January). Participants will all benefit from better understanding the role and components of equity research.  The winning student(s) will additionally benefit from a large cash prize and paid internship offer. The winner’s college will be awarded cash as well (see prize information).  Students, and faculty encouraging their students to participate, will receive additional help via two Zoom meetings with Director Mike Kupinski. On December 3rd, the meeting will primarily cover the contest and ingredients of a winning equity research report. The meeting on December 8th will be a more detailed session guiding what should be in the report and answer any questions contestants or assisting faculty may have.

This time of year is the helping and giving season. If you aren’t a college student but know of one that would be thankful you shared this with them, I encourage you to use the sharing tool above to tag or address them on social media or email. A student, particularly one with a business or finance concentration, may be particularly interested and grateful. If you have a relationship with a college, ask them to share the College Challenge to help their students and possibly bring a cash prize to the school itself.

2021 will arrive whether a ball drops to a cheering crowd in Times Square or not. The College Contest is determined to again help students, colleges, and the very noble profession of equity analysis.  We look forward to awarding a stand-out student and their school. The past 12 months have made looking out for others and helping when we’re able more fashionable than ever before. All of the Channelchek sponsors are proud of our contributions.

Everyone at Channelchek wishes you a productive start to the holiday season. Links to the College Challenge and Zoom Meetings are found below.

 

Paul Hoffman

Managing Editor, Channelchek

 

Learn More:

Information and rules for Channelchek’s College Challenge

Register now for the College Challenge

Information about NobleCon17

 

Informational Meetings for the College Challenge:

 

December 3, 2020, 02:30 PM Eastern Time (US and Canada)

College Challenge Information Meeting with Mike Kupinski, Director of Research Noble Capital Markets

Join Meeting

https://attendee.gotowebinar.com/register/9109245340248312848

 

December 8, 2020, 2:30 PM Eastern Time (US and Canada)

Tips for Completing your College Challenge Entry With Mike Kupinski, Director of Research Noble Capital Markets

Join Meeting

https://attendee.gotowebinar.com/register/7121098519299164688

 

Channelchek Premium access at no cost

Esports Entertainment Group, Inc. (GMBL) – Heightened M&A Activity In The Gambling Space Validates ESports Strategy

Posted on by Admin

Friday, November 20, 2020

Esports Entertainment Group, Inc. (GMBL)

Heightened M&A Activity In The Gambling Space Validates ESports’ Strategy

Esports Entertainment Group Inc is a development-stage online gambling company focused purely on esports. The company’s principal business operations include design, develop and test wagering systems.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

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

    Sinclair’s big deal.  Sinclair Broadcast Group (SBGI) announced yesterday that it entered a strategic partnership with Bally Corporation (BALY) to participate in the sports betting and iGaming industry. Sinclair will receive warrants to acquire up to 24.9% of Bally’s common shares. In addition, Sinclair will also receive options to purchase 5% of Bally’s common shares in four tranches with purchase prices starting at $30 per share and escalating to $45 per share, exercisable after four years.

    Entercom enters the betting game.  On a smaller scale, Entercom (ETM) also acquired a sports data and iGaming company, QL Gaming Group for approximately $32 million, or 2.7 times revenues. The QLGG technology portfolio includes sports betting data and analytical capabilities, daily fantasy sports, and analytical coverage of the ATP and WTA Tours (TennisInsight.com), each with respective subscriber …



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. 

Release – InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) – Announces Participation in Noble Capital Markets Virtual Road Show Series

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InPlay Oil Announces Participation in Noble Capital Markets Virtual Road Show Series

 

November 19, 2020 – Calgary Alberta – InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) a junior oil and gas exploration and production company with operations in Alberta focused on light oil production, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for November 23, 2020

The virtual road show will feature a corporate presentation from InPlay Oil CEO, Doug Bartole, followed by a Q & A session proctored by Noble Senior Research Analyst Michael Heim, featuring questions submitted by the audience.

The live broadcast of the virtual road show is scheduled for November 23, 2020, at 1 PM EDT. Registration is free, but limited to 100. Register Here.

About InPlay Oil:

InPlay Oil is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. The common shares of InPlay trade on the Toronto Stock Exchange under the symbol IPO and the OTCQX under the symbol IPOOF.

About Noble Capital Markets

Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: [email protected]

About Channelchek

Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. channelchek.vercel.app email: [email protected]

For further information please contact:

Doug Bartole
President and Chief Executive Officer
InPlay Oil Corp.
Telephone: (587) 955-0632

Darren Dittmer
Chief Financial Officer
InPlay Oil Corp.
Telephone: (587) 955-0634

 

Source: InPlay Oil

Seanergy Maritime (SHIP) – Improved Quarter, But Refinancing Risk Remains High

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Thursday, November 19, 2020

Seanergy Maritime (SHIP)

Improved Quarter, But Refinancing Risk Remains High

Seanergy Maritime Holdings Corp., an international shipping company, provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. Seanergy Maritime Holdings Corp. is the only pure-play Capesize shipping company listed in the US capital markets. Seanergy provides marine dry bulk transportation services through a modern fleet of 10 Capesize vessels, with total capacity of approximately 1,748,581 dwt and an average fleet age of about 9.8 years. The Company is incorporated in the Marshall Islands with executive offices in Athens, Greece and an office in Hong Kong. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP” and class A warrants under “SHIPW”.

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

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

    3Q2020 results positively impacted by higher Cape TCE rates. Reported EBITDA turned positive and increased to $12.7 million versus negative $2.1 million in 2Q2020. Excluding a gain on refinancing of $5.2 million, adjusted EBITDA of $7.6 million was slightly above our recently revised estimate of $7.5 million due to slightly higher TCE rates of $16.2k/day (versus our $16.0k/day estimate) and lower G&A expenses, which offset higher opex. TCE revenue of $15.8 million was about $0.5 million above our estimate due to a ~$219/day variance shortfall in TCE rates and higher operating days of 973, about 9 days above our estimate.

    Updating 2020 EBITDA estimate to reflect recent dry bulk market softness.  We are moving our 2020 EBITDA estimate to $16.1 million from $17.5 million to reflect updated TCE rate data and the expected timing voyage charters that shift some revenue out of 3Q2020 and 4Q2020. We are lowering our 4Q2020 TCE rate estimate to $17.0k/day from $18.5k/day. Our adjustments do not include any potential impact …



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. 

Release – Lineage Cell Therapeutics (LCTX) – Video – Spinal Cord Injury Update

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FORCE Webinar: Lineage Cell Therapeutics

 

Lineage CEO, Brian Culley and CFO, Brandi Roberts, talk about how their OPC1 Cell Therapy improves mobility after a severe spinal cord injury.