CoreCivic Completes Sale of Three Non-Core Assets For $326 Million

 

BRENTWOOD, Tenn., June 29, 2021 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it has consummated the sale of 100% of the membership interests of SSA Baltimore Holdings, LLC, a wholly-owned unrestricted subsidiary of the Company and the owner of the approximately 541,000 square-foot Social Security Administration office building in Baltimore, Maryland (“SSA-Baltimore”). Earlier in the second quarter of 2021, the Company completed the sale of two additional properties, its approximately 277,000 square-foot office property (“Capital Commerce Center”) and its approximately 217,000 square-foot warehouse property (“NARA Property”) in a single transaction. These three properties were sold for an aggregate sales price of $326.0 million. The Company had purchased all three properties in 2018 in separate transactions for an aggregate gross purchase price of $293.6 million.

Damon Hininger, President and CEO of CoreCivic, stated, “The completion of these asset sales is another important example of our focus on strengthening our balance sheet and creating long-term shareholder value. Including net proceeds of nearly $30.0 million generated from the sales of 42 non-core government-leased assets in the fourth quarter of 2020, we have exceeded our targeted net proceeds from the sale of non-core assets of up to $150.0 million announced in August 2020, in connection with our decision to revoke our election as a real estate investment trust. Hininger continued, “Combining our resilient cash flows with the sales of our non-core assets, we continue to make significant progress toward our goal of reducing our debt ratio to a range of 2.25x to 2.75x.”

Concurrent with the sale of these three properties, the Company used $194.4 million of the aggregate sales proceeds to fully repay two non-recourse mortgage notes associated with SSA-Baltimore and Capital Commerce Center, including prepayment premiums of $32.5 million. The total outstanding balances of the non-recourse mortgage notes, both of which had interest rates of 4.5%, were $161.9 million on the dates sold. The sale of these three non-core government-leased properties generated net proceeds of nearly $130.0 million after repayment of the non-recourse mortgage notes and other transaction-related costs.

About CoreCivic

CoreCivic is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. CoreCivic provides a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. CoreCivic is the nation’s largest owner of partnership correctional, detention and residential reentry facilities, and believes it is the largest private owner of real estate used by government agencies in the U.S. CoreCivic has been a flexible and dependable partner for government for more than 35 years. CoreCivic’s employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

Forward-Looking Statements

This press release includes forward-looking statements regarding the Company’s goal of reducing debt. These forward-looking statements may be affected by risks and uncertainties in the Company’s business and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosures contained in the Company’s Securities and Exchange Commission (SEC) filings, including the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on February 22, 2021, and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, filed with the SEC on May 6, 2021. The Company wishes to caution readers that certain important factors may have affected and could in the future affect the Company’s actual results and could cause the Company’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company.

The Company takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events or for any changes or modifications made to this press release or the information contained herein by any third-parties, including, but not limited to, any wire or internet services.

Contact:	Investors: Cameron Hopewell – Managing Director, Investor Relations – (615) 263-3024
	Media: Steve Owen – Vice President, Communications – (615) 263-3107

Tuesday, June 29, 2021

The GEO Group, Inc. (GEO)
Could Labor Shortages Slow Down the BOP Transfer?

With over 94,000 beds owned, leased or managed across its business lines and serving over 260,000 people daily, GEO is a leading provider of mission critical real estate to its governmental partners. The Company is the first fully integrated equity REIT specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the U.S., Australia, South Africa, and the U.K.

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

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

Labor Shortages. Recently, numerous news articles and commentary has focused on a reported labor shortage at the Bureau of Prisons and budgetary constraints limiting near term work force additions. Reports indicate that about 1/3rd of budgeted correction officer positions are unfilled, resulting in massive OT and the use of non-CO employees to cover shortages.


Incoming to Worsen Situation.  According to news reports, the labor situation is being worsened by the transfer of inmates from the private sector to federal facilities. In addition, some 5,000 people who were on home release due to the pandemic may need to return to prison …

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. 

Monday, June 21, 2021

The GEO Group, Inc. (GEO)
CEO Zoley Buys Shares

With over 94,000 beds owned, leased or managed across its business lines and serving over 260,000 people daily, GEO is a leading provider of mission critical real estate to its governmental partners. The Company is the first fully integrated equity REIT specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the U.S., Australia, South Africa, and the U.K.

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

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

CEO Zoley Adds to His Already Large Holdings. On June 15th, GEO CEO George Zoley reported the open market purchase of 166,644 GEO shares at an average cost of $6.75 per share for a total investment of $1.12 million. Following the transactions, Mr. Zoley directly owned 3 million GEO common shares, held an additional 518,752 shares through restricted stock, and indirectly owned 104,850 shares held in trust. We view the recent purchases as confirmation of Mr. Zoley’s belief that GEO shares remain undervalued at the current share price.


Meme Stock Creating Volatility.  Given its large short position, some 52% of the float as of May 28th, GEO shares have attracted the interest of the Reddit crowd. This has resulted in large price swings, with the shares briefly touching $11 on 6/9 after closing at $6.11 on 6/8 before retreating back to $6.62 on 6/15. We continue to expect more-than-normal volatility until the Reddit crowd moves onto …

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. 

THROWBACK THURSDAY

Here is What You (our audience) Read the Most During May 2021

 

Visitors to Channelchek pushed two cannabis articles into the #1 and #2 most popular positions last month. The articles address two completely different areas of interest in the marijuana industry.

The first is an interesting read on how cannabis growers have adopted high-tech, even artificial intelligence, in their farming. Cannabis, like many other crops, is more marketable if grown to exacting uniformity.  AI farming helps with this goal.

 

Robotics
and AI are Being Tapped by Cannabis Growers

 

The second most popular in May concerns the federal laws surrounding cannabis production and usage. The glaring difference between laws of states that accept and welcome the industry and the federal laws that literally make the companies and the medical and recreational users all federal criminals creates a strange set of circumstances. The absence of the banking system being able to support this budding industry is also an issue that could dramatically allow it to quickly become more prosperous if changed.

 

Federal
Law Questions Still Loom for the Cannabis Industry

 

Noble Capital Markets is a Platinum sponsor of the 16^th annual World
Stem Cell Summit being held virtually June 14-18^th. This field of study has such potential as new uses and breakthroughs in every area of health, from aging to organ replacement, are being explored every day.  Channelchek is preparing our registered users with insight and information to get more from this event.

What
Cells Can Be Made from Stem Cells?

 

Each year the Russell reconstitution makes waves among market participants as demand for some company’s shares dramatically increase as they are added to an index that portfolio managers mimic and others are removed or qualify for a different index within the Russell family. This May through June reconstitution moves prices, so market participants need to understand what is going on.

The
Annual Russell Index Revision and Dates to Watch

Ford Motor Company announced its aggressive plans for an electric fleet of cars and trucks. This announcement is a reminder of the demand that is going to be placed on the materials needed to meet the goals of the future generation of vehicles. This article spells out the amount of additional copper needed for each vehicle and suggests mining companies for equity investors to gain exposure to this semi-precious metal.

Copper
Facing an Onslaught of Demand

 

Channelchek will continue to provide investors in the small and microcap space information and insight as to where they may look for ideas. The top-tier research provided by leading equity analysts is used by institutional portfolio managers throughout the world. Access is free to registered users.

 

 

 

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Tuesday, June 01, 2021

The GEO Group, Inc. (GEO)
Is the Debt Downgrade Warranted?

With over 94,000 beds owned, leased or managed across its business lines and serving over 260,000 people daily, GEO is a leading provider of mission critical real estate to its governmental partners. The Company is the first fully integrated equity REIT specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the U.S., Australia, South Africa, and the U.K.

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

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

S&P Downgrade. Last week, S&P downgraded GEO Group to CCC+ from B. Senior secured debt was lowered to B from BB- and senior unsecured debt was dropped to CCC from B-. The ratings agency cited weaker and “increasingly complex” operating conditions, significant debt maturities in 2024, unsupportive capital markets, and the hiring of “restructuring advisors,” among the reasons for the downgrade.


But What Has Changed? Not much, in our opinion, since S&P’s previous downgrade in March.  Yes, GEO announced the hiring of Skadden Arps and Lazard to assist with the review of various capital structure alternatives, but we view this step as prudent management by the BoD and would note that CoreCivic took exactly the same measures last year when that Company performed its capital structure review …

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. 

Friday, May 28, 2021

CoreCivic, Inc. (CXW)
A Solution to USMS Renewals? Room for Optimism?

CoreCivic is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Kevin Wahle, Research Associate, Noble Capital Markets, Inc.

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

Potential Solution. Yesterday afternoon local news reported that an agreement had been reached to keep USMS inmates in CoreCivic’s Northeast Ohio facility. While we have not been able to confirm the USMS signed off on the agreement, if the USMS signs off on this, it would remove a significant obstacle for CoreCivic, in our view.


The Report.  According to a report on ww.cleveland.com, the Mahoning County commissioners approved a three-year contract with CoreCivic. In essence, the county Sheriff’s office would contract with CoreCivic to monitor the USMS inmates, with the USMS reimbursing the Sheriff’s office for the cost of the contract. This provides an intermediary between the USMS and CoreCivic. Contract details were not …

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. 

Friday, May 28, 2021

CoreCivic, Inc. (CXW)
A Solution to USMS Renewals? Room for Optimism?

CoreCivic is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Kevin Wahle, Research Associate, Noble Capital Markets, Inc.

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

Potential Solution. Yesterday afternoon local news reported that an agreement had been reached to keep USMS inmates in CoreCivic’s Northeast Ohio facility. While we have not been able to confirm the USMS signed off on the agreement, if the USMS signs off on this, it would remove a significant obstacle for CoreCivic, in our view.


The Report.  According to a report on ww.cleveland.com, the Mahoning County commissioners approved a three-year contract with CoreCivic. In essence, the county Sheriff’s office would contract with CoreCivic to monitor the USMS inmates, with the USMS reimbursing the Sheriff’s office for the cost of the contract. This provides an intermediary between the USMS and CoreCivic. Contract details were not …

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. 

image credit: Panodex - BigQuery (Flickr)

Medical and Tech Giants to Apply AI to Records for Actionable Care Insights

 

Google (GOOG) and HCA Healthcare (HCA) just announced (May 26) a partnership to build on HCA Healthcare’s use of information technology to further their transformation to benefit from collected patient data. According to an HCA press release, “The partnership with Google Cloud is designed to help create a secure and dynamic data analytics platform for HCA Healthcare and enable the development of next generation operational models focused on actionable insights and improved workflows.”

Under the plan, HCA’s 2,000 locations in 21 states would consolidate and store digital health records along with information from internet-connected medical devices with Google Data. The multiyear agreement will require Google and HCA engineers to work to help improve operating efficiency, monitor patients and guide doctors’ decisions.

Patients Privacy and Providing Data

The company said, “While protecting patient privacy and the security of data, HCA Healthcare uses information from its 32 million annual encounters to identify opportunities to improve clinical care and support its 93,000 nurses and 47,000 active and affiliated physicians.” The data collected can be valuable for the hospital chain while at the same time serve to better inform global medical care.  HCA Healthcare has published studies in leading medical journals like the New England Journal of Medicine and The Lancet, developed algorithm-informed decision support tools for caregivers, and identified clinical practices that reduce infections and improve perinatal care. The partnership with Google Cloud is expected to enhance efforts by HCA to continue to improve and develop advanced decision support to promote quality, safety, and efficiency.

Data Science in Medicine

Data generated by hospitals places them in an enviable position as brokers of this information.  Patients under their care, being seen by doctors, labs, pharmacies, and monitored by medical devices, provide records of treatment, behavior, patterns, and results. This information, fed through algorithms developed by data-mining companies, can serve as a revenue source as it may be sold to pharmaceutical and technology companies. The data-mining companies involved include large companies like Google right down start-ups where the profits are more impactful on financials. The results, if done with strict control over privacy, can be win-win-win as patient care improves, hospitals benefit, and tech companies provide solutions.

 

 

Looking Toward the Future

“The cloud can be an accelerant for innovation in health, particularly in driving data interoperability, which is critical in streamlining operations and providing better quality of care to improve patient outcomes,” said Thomas Kurian, CEO, Google Cloud Sam Hazen, CEO of HCA healthcare stated, “Next-generation care demands data science-informed decision support so we can more sharply focus on safe, efficient and effective patient care.”  The cloud-based network is intended to allow clinicians to rely on it for on-the-fly decisions, as well as medical staff in more controlled settings.

HCA Healthcare has deployed 90,000 mobile devices that run tools created by the organization’s PatientKeeper and Mobile Heartbeat teams and other developers to empower caregivers. The partnership with Google Cloud is expected to empower physicians, nurses and others with workflow tools, analysis and alerts on their mobile devices to help clinicians respond quickly to changes in a patient’s condition.

This is an opportunity for both partnered companies to benefit while, with sufficient safety and security measures in place, positively impact care patients receive.

 

Suggested Reading:

What Cells Can be Made From Stem Cells	Cannabis Customers Served by “Ice Cream Truck” Model

Scientists Now Better Understand Viral Mutations	The Case for Investing in Regenerative Medicine

 

Sources:

https://investor.hcahealthcare.com/news/news-details/2021/HCA-Healthcare-Partners-With-Google-Cloud-to-Accelerate-Digital-Transformation/default.aspx

https://www.wsj.com/articles/google-strikes-deal-with-hospital-chain-to-develop-healthcare-algorithms-11622030401?mod=hp_lead_pos1

 

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image credit: Chapstickaddict (Flickr)

Zero-Trust Security: Assume Everyone and Everything on the Internet is Out to Get You

 

President Joe Biden’s cybersecurity executive order, signed May 12, 2021, calls for the federal government to adopt a “Zero Trust architecture.”

This raises a couple of questions. What is zero-trust security? And, if trust is bad for cybersecurity, why do most organizations in government and the private sector do it?

One consequence of too much trust online is the ransomware epidemic, a growing global problem that affects organizations large and small. High-profile breaches such as the one experienced by the Colonial Pipeline are merely the tip of the iceberg.

There were at least 2,354 ransomware attacks on local governments, health care facilities, and schools in the U.S. last year. Although estimates vary, losses to ransomware seem to have tripled in 2020 to more than $300,000 per incident. And ransomware attacks are growing more sophisticated. A recurring theme in many of these breaches is misplaced trust – in vendors, employees, software, and hardware. As a scholar of cybersecurity policy with a recent report on this topic, I have been interested in questions of trust. I’m also the executive director of the Ostrom Workshop. The Workshop’s Program on Cybersecurity and Internet Governance focuses on many of the tenets of zero-trust security by looking to analogies – including public health and sustainable development – to build resilience in distributed systems.

 

Security Without Trust

Trust in the context of computer networks refers to systems that allow people or other computers access with little or no verification of who they are and whether they are authorized to have access. Zero Trust is a security model that takes for granted that threats are omnipresent inside and outside networks. Zero Trust instead relies on continuous verification via information from multiple sources. In doing so, this approach assumes the inevitability of a data breach. Instead of focusing exclusively on preventing breaches, zero-trust security ensures that damage is limited and that the system is resilient and can quickly recover.

Using the public health analogy, a Zero-Trust approach to cybersecurity assumes that an infection is only a cough – or, in this case, a click – away, and focuses on building an immune system capable of dealing with whatever novel virus may come along. Put another way, instead of defending a castle, this model assumes that the invaders are already inside the walls.

It’s not hard to see the benefits of the Zero Trust model. If the Colonial Pipeline company had adopted it, for example, the ransomware attack would likely have failed, and people wouldn’t have been panic-buying gasoline in recent days. And if zero-trust security were widespread, the ransomware epidemic would be a lot less biting.

 

Four Obstacles
to Shedding Trust

But there are at least four main barriers to achieving Zero Trust in government and private computer systems.

First, legacy systems and infrastructure are often impossible to upgrade to become Zero Trust. Achieving Zero Trust security requires a layered defense, which involves building multiple layers of security, not unlike a stack of Swiss cheese. But this is challenging in systems that were not built with this goal in mind because it requires independent verification at every layer.

Second, even if it’s possible to upgrade, it’s going to cost you. It is costly, time-consuming and potentially disruptive to redesign and redeploy systems, especially if they are custom-made. The U.S. Department of Defense alone operates more than 15,000 networks in 4,000 installations spread across 88 countries.

Third, peer-to-peer technologies, like computers running Windows 10 on a local network, run counter to Zero Trust because they rely mostly on passwords, not real-time, multifactor authentication. Passwords can be cracked by computers rapidly checking many possible passwords – brute-force attacks – whereas real-time, multifactor authentication requires passwords and one or more additional forms of verification, typically a code sent by email or text. Google recently announced its decision to mandate multifactor authentication for all its users.

Fourth, migrating an organization’s information systems from in-house computers to cloud services can boost Zero Trust, but only if it’s done right. This calls for creating new applications in the cloud rather than simply moving existing applications into the cloud. But organizations have to know to plan for Zero Trust security when moving to the cloud. The 2018 DoD Cloud Strategy, for example, does not even reference “Zero Trust.”

 

Enter the
Biden Administration

The Biden administration’s executive order attempts to foster a layered defense to address the nation’s cybersecurity woes. The executive order followed several recommendations from the 2020 Cyberspace Solarium Commission, a commission formed by Congress to develop a strategic approach to defending the U.S. in cyberspace.

Among other things, it builds from Zero Trust frameworks propounded by the National Institute for Standards and Technology. It also taps the Department of Homeland Security to take the lead on implementing these Zero Trust techniques, including its cloud-based programs.

I believe that when coupled with other initiatives spelled out in the executive order – such as creating a Cybersecurity Safety Board and imposing new requirements for software supply chain security for federal vendors – zero-trust security takes the U.S. in the right direction.

However, the executive order applies only to government systems. It wouldn’t have stopped the Colonial Pipeline ransomware attack, for instance. Getting the country as a whole on a more secure footing requires helping the private sector adopt these security practices, and that will require action from Congress.

 

This article
was republished with permission from The Conversation, a news site dedicated to sharing ideas from academic
experts.  Written by Scott Shackelford, Associate Professor of Business Law and Ethics; Executive
Director, Ostrom Workshop; Cybersecurity Program Chair, IU-Bloomington, Indiana
University

 

Suggested Reading

Trading Accounts for Children	Is Inflation Going to Hurt Stocks

How Much is a Trillion?	The Case for Investing in Regenerative Medicine

 

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Friday, May 14, 2021

Kelly Services Inc. (KELYA)
Improving Operating Environment; Raising PT

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.

1Q21. Revenue of $1.21 billion was down 4.4% year-over-year as the impact from COVID continued to moderate. Kelly reported operating earnings of $10.6 million compared to a loss in 1Q20 which was impacted by a goodwill impairment charges and a gain on the sale of assets. GAAP EPS for 1Q21 was $0.64 compared to an EPS loss of $3.91 in 1Q20. Adjusted EPS for the first quarter was $0.12 versus $0.20 last year. We had projected revenue of $1.18 billion and adjusted EPS of $0.16.


Improving Demand.  Kelly saw strong demand across all of its operating segments in the quarter. OCG reported positive 9.5% revenue growth in the quarter and the SET, Education, and International segments all reported sequential revenue improvement. P&I is seeing improved revenue growth rates …

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. 

Throwback Thursday – Most Watched Channelchek C-Suite Interviews from 2020

 

Viewership of the 139 Channelchek videos released on Channelchek in 2020 was (and still are) through the roof. Looking back, this makes sense. After all, 2020 brought many new investors to the financial markets – Channelchek’s purpose is to provide information to investors at all levels.  We’re thrilled people keep coming back.

During the year, we enhanced our video output. One video series we began during 2020 is C-Suite interviews; these are discussions between senior management of companies with high potential and veteran research analysts from Noble Capital Markets.

For THROWBACK THURSDAY, we compiled the top 10 most viewed C-Suite video interviews. These ten continue to have massive viewer traffic. Take a moment to scroll down and take a look to see which you may have missed and which you should watch.

 

#1 Gevo  (GEVO)

The increased attention to renewables has brought a great deal of traffic to this C-Suite video and all GEVO research on Channelchek. Gevo Inc. is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Watch Now

 

#2 Seanergy (SHIP)

The halt of overseas shipping as efforts to curtail the pandemic reached a peak brought interest in this sector as a recovery play. 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 11 Capesize vessels. Watch Now

 

#3 Onconova (ONTX)

Cancer breakthroughs have always brought out investors. In the past 18 months, information on medical breakthroughs has been even higher on people’s list of possible investment opportunities. Onconova Therapeutics is a biopharmaceutical company focused on discovering and developing novel products to treat cancer. Their stock enjoyed a good deal of activity, as did this C-Suite interview they are featured in. Watch Now

 

#4 One Stop Systems (OSS)

One Stop Systems is a technology company that is involved in edge computing. Their suite of products has what they call “AI on the Fly.” This allows smart machine decision-making to occur onboard in any environment, rather than having to wait for a signal to be sent outside the affected machine and returned with instructions. Their products are gaining more and more practical uses in the current tech age. Watch Now

 

#5 Kratos (KTOS)

Kratos Defense & Security Solutions, Inc. provides engineering, IT services, and warfighter solutions primarily in the United States. It operates in two segments, Kratos Government Solutions (KGS) and Public Safety and Security (PSS).  The company drew attention as the additional branch of the military. Space Force was added. It continues to get attention today as the focus on high tech defense is an ongoing priority. Watch Now

 

#6 Neovasc (NVCN and NVCN:CA)

Neovasc, Inc. develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products include the Tiara for the transcatheter treatment of mitral valve disease and the Neovasc Reducer for the treatment of refractory angina. Neovasc is developing the Tiara for the treatment of mitral valve disease. Its business is focused on this one segment.
Watch Now

 

 

#7 CoreCivic (CXW)

Last year CoreCivic altered its business structure which caused income investors to reduce their position and growth investors to find the company more attractive. CXW continues to find itself adapting, which has investors making sure that they have the most current information and analysis available. As a government solutions company with the size and experience needed to solve tough government challenges in flexible, cost-effective ways. CoreCivic contracts with government partners in the area of corrections and detention management. Watch Now

#8 Energy Fuels (UUUU)

Energy Fuels is the largest uranium producer in the US and holds more production capacity and uranium resources than any other US producer. The company also produces vanadium. In August of 2020, Energy Fuels sat down with the Noble mining analyst and discussed prospects for the energy source and the company overall. A much more recent C-Suite interview was held with UUUU (April 2021); both continue to get a high volume of traffic as investors recognize that uranium may play a much more significant part alongside other low carbon-producing energy solutions. Watch Now

 

#9 Coeur Mining (CDE)

With increased interest in precious metals investment last year, there were a lot of investors interested in this space. Their CDEs videos and research reports received a lot of traffic. They’re a precious and base metals producer with five operations in North America. Discover more about Coeur direct from the CEO in this C-Suite interview. Watch Now

 

#10 Genprex (GNPX)

Genprex, Inc. is a U.S.-based clinical-stage gene therapy company. It’s engaged in developing a new approach to treating cancer, based on its novel proprietary technology platform, including the initial product candidate, Oncoprex immunogene therapy. Oncoprex, has a multimodal mechanism of action where it interrupts cell signaling pathways that cause replication of cancer cells, re-establishes pathways for apoptosis in cancer cells and modulates the immune response against cancer cells. Genprex has been one of the most researched stocks on Channelchek. Watch Now

 

More

There are new informative Channelchek videos each week where investors can hear directly from C-level management of high potential small companies. Stay informed by making sure you’re registered to receive email notifications and also click subscribe to our Youtube channel for more options.

 

 

 

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Monday, May 10, 2021

CoreCivic, Inc. (CXW)
Post Call Update

CoreCivic is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

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

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

A Fluid Situation. The situation in the Safety segment remains fluid. Again, the key issue is the USMS. We continue to believe there does not exist an acceptable and available alternative to the private industry. On the positive side, two facilities in which the USMS is currently exiting are in-demand from various State Department of Corrections. This should help mitigate the USMS impact, at least in the near-term.


Alabama.  The Alabama project continues to move forward, although it has been pushed to the right due to the Barclay’s situation. In addition, a lawsuit has been filed to stop the construction of the facilities. We would note again that the State is under Federal Court order to improve conditions at its facilities …

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. 

Friday, May 07, 2021

DLH Holdings Corp. (DLHC)
Post Call Commentary, Updated Models

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of veteran affairs, Department of health and human services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.

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

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

Two Down and One to Go. DLHC has now won recompetes on two of its three key contracts. We expect DLH to retain the VA logistics award after the protest and we believe the logistics win puts the Company in the drivers seat for the pharmacy services contract. Nailing down these three contracts positions the Company to add incremental organic growth from the recent acquisitions and any future acquisitions, in our view.


Expanded TAM.  DLH’s recent acquisitions, specifically S3 and IBA, have expanded the Company’s Total Addressable Market, in our view. Management continues to see significant opportunities going forward and we believe the Company’s increased size provides DLH with the breadth and depth to compete for an expanded menu of awards. We also believe the Company will be successful in competing for …

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.