NGV Investor
Oil & gas, small-cap, long-term horizon

Hexagon Composites - Fundamentals In Place For A Strong Q2 Earnings Report

A lot has happened since my last article covering Hexagon Composites (OTC:HXGCF). In this article I will examine the company's longer-term strategic development and provide my estimate for Q2 earnings which will be reported on August 28.

Hexagon Ragasco

As announced on April 22 and April 23 Hexagon Ragasco has now largely filled its production capacity at its plant in Norway until 2H 2015. Ragasco has historically suffered poor sales in Q3 and Q4 and a focused effort has been made in the last couple of years to increase sales outside Europe during these quarters.

Adding Capacity in Norway and International Expansion

In May and June Ragasco ran a recruitment process for various senior production-related personnel. A couple...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details