McCoy Global (TSX: MCB) - Interview

In this episode of TokStocks, we sit down with Jim Rakievich, President & CEO of McCoy Global (TSX: MCB), for an in-depth look at how McCoy is leading the charge in well construction automation and data-driven solutions. Jim shares insights into the company’s history, its cutting-edge technology in automation and machine learning, and how McCoy’s solutions are enhancing wellbore integrity and data collection for the global energy industry.

We also explore the company's strategic shift in regional revenue distribution, and growth opportunities in key markets. With McCoy’s shares up about 50% in recent weeks and the recent announcement of a normal course issuer bid (August 2024), this episode is packed with valuable insights for retail investors looking to understand the future of McCoy Global.

Looking for a profitable microcap stock? McCoy Global might be worth a closer look: With less than 30 million shares outstanding and 2023 sales revenues exceeding $73 million, McCoy trades at a trailing P/E ratio of just 9.6 and P/S ratio of just 1.1. The company is also buying back up to 10% of its public float and even pays a small quarterly dividend, yielding around 2.8% annually.

🌐 Learn more about McCoy Global: https://www.mccoyglobal.com/
📲 Follow McCoy Global (TSX: MCB) for more updates: https://x.com/McCoyGlobal

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Chapters for your viewing pleasure:

00:00 - Introduction to McCoy Global and Jim Rakievich
03:21 - Jim Rakievich's Background and Career Path
05:44 - Understanding McCoy Global's Business Model
09:35 - Core Technologies and Products Overview
11:37 - Competitive Landscape and Unique Selling Proposition
13:03 - Growth Markets and Opportunities
15:51 - Automation and Data Solutions in Drilling Services
18:53 - AI and Machine Learning Integration
20:14 - Stock Performance and Investor Relations
23:02 - Revenue Growth and Future Projections
25:58 - Margin Growth and Product Differentiation
28:32 - Market Expansion and Strategic Focus
30:51 - Dividend Policy and Share Buybacks
33:45 - Risks and Mitigation Strategies
34:41 - R&D and Customer Engagement Strategies
36:32 - Training and Customer Support
38:00 - Global Operations and Facilities
39:08 - Debt Management and Financial Health
40:25 - Investment Opportunities and Future Outlook
41:47 - Final Thoughts and Closing Remarks

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About Vested One Media:
Vested One Media Inc., owner and host of the TokStocks Podcast, is a financial media company that connects retail investors with market commentary, such as CEO interviews and insights into potential market opportunities. We focus on delivering direct, no-nonsense content aimed at helping retail investors make informed decisions.

Interested in pitching your company to our global network of investors? Reach out to keir@vested.one or visit us online at: https://www.tokstocks.com/

Disclaimer:
We are NOT licensed financial advisors. Our content serves informational purposes only and should NOT be construed as an endorsement or investment recommendation. Some companies featured in our YouTube content and events may compensate us, and we might hold stock in the companies we discuss. Consult with a qualified financial advisor before making any investment decisions. We have NOT been paid or compensated for this interview with McCoy Global (TSX: MCB) but do own shares. We may buy or sell securities without notice.

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