Long
Mission Ready nearing bottom before accumulation
About:
Mission Ready innovates, manufactures and supplies leading tech-centric defense and tactical solutions to prevent injuries and enhance the performance of military personnel, first-responders and all those who protect us, by equipping them with the next generation of personal protective technologies.
Mission Ready is committed to becoming a global leader in personal protective technologies through the strategic growth of its 3 synergistic business segments; Government Contracting Solutions, Manufacturing and Innovations. Company values are held dear by all Mission Ready personnel and are reflected in all Company operations.
Technical analysis:
As per chart.
Price Entry Target:
0.320 - 0.360 (as long it stays within most bottom green line)
Price Exit Target (based on 2nd XABCD pattern)
0.510 - Sell 20% (25 Feb 2022)
0.770 - Sell 30% (18 May 2022)
0.595 - Sell 10% (2 Jun 2022)
1.290 - Sell 50% (27 Jun 2022)
ESTIMATED DATES.
Fundamental analysis:
How To Calculate Return On Equity? (for 1st bullet)
ROE can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for Mission Ready Solutions is:
45% = CA6.4m ÷ CA14m (Based on the trailing twelve months to March 2021).
The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each CA$1 of shareholders' capital it has, the company made CA$0.45 in profit.
BULLISH.
Mission Ready innovates, manufactures and supplies leading tech-centric defense and tactical solutions to prevent injuries and enhance the performance of military personnel, first-responders and all those who protect us, by equipping them with the next generation of personal protective technologies.
Mission Ready is committed to becoming a global leader in personal protective technologies through the strategic growth of its 3 synergistic business segments; Government Contracting Solutions, Manufacturing and Innovations. Company values are held dear by all Mission Ready personnel and are reflected in all Company operations.
Technical analysis:
As per chart.
Price Entry Target:
0.320 - 0.360 (as long it stays within most bottom green line)
Price Exit Target (based on 2nd XABCD pattern)
0.510 - Sell 20% (25 Feb 2022)
0.770 - Sell 30% (18 May 2022)
0.595 - Sell 10% (2 Jun 2022)
1.290 - Sell 50% (27 Jun 2022)
ESTIMATED DATES.
Fundamental analysis:
- Return on Equity
Q1 2021 Financials were the result of financial acumen coupled with front-line sales efforts, the elimination of uncertainties, and a reduction in unnecessary expenses.
C&T gown contract was the primary driver of revenue for Q1 2021, and to date, all orders have been successfully fulfilled.
In addition to numerous solicitation responses recently submitted by the Company, Unifire continues to bid on new contract opportunities, and is well positioned to respond quickly and effectively to the anticipated increase in government spending leading up to the US Government fiscal year end date being September 30.
Unifire continues to generate orders and a steady revenue stream through its GSA Schedules.
Skip Church's realignment to oversee PTF Manufacturing has proven successful to date, generating increased sales of body armor and related products.
In alignment with the Company's growth strategy, Mission Ready continues to expand its revenue pipeline with a recent focus on further leveraging PTF's cut & sew capabilities to expand its product catalog.
How To Calculate Return On Equity? (for 1st bullet)
ROE can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for Mission Ready Solutions is:
45% = CA6.4m ÷ CA14m (Based on the trailing twelve months to March 2021).
The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each CA$1 of shareholders' capital it has, the company made CA$0.45 in profit.
BULLISH.
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