Tag: GLGI

by Roel Aerts Greystone Logistics (GLGI) designs and manufactures plastic pallets for the logistics industry. They use recycled plastic which would otherwise be destined for landfill. They grind and pelletize the plastic in house. Injection molding and proprietary resin blend is used to manufacture the pallets. Greystone is headquartered in Oklahoma and has its manufacturing plant in Iowa. Recent results and Financials · The company had invested heavily in manufacturing equipment several years ago, that loaded them with quite some debt. Over the last years they worked on a massive reduction in debt. In 2 years they reduced it from 21.6M$ to 9.4M$...

by Tom Konrad, Ph.D., CFA Of the few survivors of the dot com bust, Ebay (EBAY) is a perennial also-ran.  It owned the market for consumer-to-consumer (C2C) transactions in 2000, but has since repeatedly lost market share.  Nevertheless, the company remains a profitable business that enables the sustainable reuse of easy to ship items while returning cash to investors. Note: My supporters on Patreon got an early look at this article.  Want to support my work and get previews of my writing?  Join them here. The Competition for Sellers In the early 2000s, Ebay lost sellers to Amazon's (AMZN) marketplace, which had the...

Here is a short presentation on stock picking for green investors by AltEnergyStocks Editor Tom Konrad CFA, Ph.D., with a couple stock picks.  I gave this presentation as part of a workshop on divestment from fossil fuels and investment in green stocks at the third annual Climate Solutions Summit.  The Divestment part is here.

by Debra Fiakas, CFA Last month Greystone Logistics (GLGI:  OTC/PK) announced a new purchase order valued at $6.8 million to supply recycled plastic pallets to a national food and agribusiness company.  The order requires the fledgling Greystone to manufacture and deliver an unspecified number of the company’s proprietary plastic shipping pallets.  Whatever the number, the contract promises a big shift in Greystone’s prospects given that the contract value represents 9% of total sales in the fiscal year. It seems Greystone is gaining visibility in the logistics supply chain.  However, trading at less than a buck a share its stock seems to not have yet registered on the...