Tecnoglass price target lowered to $140 from $155 at Raymond James 03/16/20 MAS,MHK,ROAD,DRTT,TGLS Raymond James analyst Sam Darkatsh lowered the firm's price target on several companies in the building products/construction materials space to account for possible COVID-19 impacts. The analyst is assuming Q1 demand in developed markets is only impacted in March, developed market demand deteriorates sharply in Q2, with some lingering effects in Q3 and Q4, and input cost benefits partially offset these demand and supply chain headwinds. The analyst lowered his price target for Mohawk Industries (MHK) to $140 from $155, for Masco (MAS) to $48 from $55, for Construction Partners (ROAD) to $18 from $20, for DIRTT Environmental (DRTT) to $2.00 from $2.50 and for Tecnoglass (TGLS) to $7 from $10. BUT PLEXIGLASS IS ON FIRE))) The Market For Plexiglass Is Booming–And The Nation's Largest Manufacturer Says It's Here To Stay-- Acrylic glass installed between tables at a Cafe in Milan on May 18, 2020 Plexiglass is a hot item all of a sudden, as the need for social distancing and protection has increased. That’s meant a huge uptick in business for Columbus, Ohio-based Plaskolite. The rush of calls started in mid-March. As the coronavirus pandemic logged its first thousand cases in the United States, hospitals were in desperate need of face shields for protection. So manufacturers turned to Plaskolite, the nation's largest manufacturer of thermoplastic sheet, the glass-like material needed for the production of face shields. "There were practically no face shields in the country; the supply was just not there, so there was a major, major rush to manufacture the product," says Mitch Grindley, Plaskolite's executive chairman. "Clearly, the need outweighed anything else that we were running at the time, so we took two of our plants, adjusted our lines and started cranking them out as fast as we could." A couple of days later, Grindley says, the rush was amplified. But, this time, it was orders for clear acrylic barrier sheets that were piling in. One of the first big orders came from Walmart, which needed the sheets installed between cashiers and customers. Coffee shops and small restaurants quickly followed suit. And all told, orders are up six-fold since March, Grindley says. "It basically has not stopped." MORE FROM FORBESSneak Peek At Our New Life Behind Plexiglass Founded in 1950, Plaskolite got its start producing hula hoops and fly swatters but has since grown to be a leader in the roughly $4 billion market for acrylic sheet, also known as plexiglass. Last year the company, which is majority owned bybillionaire Anthony Pritzker’s Pritzker Private Capital, did an estimated $650 million in sales. Now, with demand for its plexiglass soaring, Plaskolite’s ten manufacturing plants, which were already operating on a 24/7 basis, have ramped up production to nearly 100% of capacity—producing enough resin weekly for about 3 million face shields and enough sheet for 200,000 barriers. Even so, they’re facing a backlog of at least 15 weeks for every product they manufacture. Plexiglass is a hot item all of a sudden, as the need for social distancing and protection has increased. That’s meant a huge uptick in business for Columbus, Ohio-based Plaskolite. The rush of calls started in mid-March. As the coronavirus pandemic logged its first thousand cases in the United States, hospitals were in desperate need of face shields for protection. So manufacturers turned to Plaskolite, the nation's largest manufacturer of thermoplastic sheet, the glass-like material needed for the production of face shields. "There were practically no face shields in the country; the supply was just not there, so there was a major, major rush to manufacture the product," says Mitch Grindley, Plaskolite's executive chairman. "Clearly, the need outweighed anything else that we were running at the time, so we took two of our plants, adjusted our lines and started cranking them out as fast as we could." A couple of days later, Grindley says, the rush was amplified. But, this time, it was orders for clear acrylic barrier sheets that were piling in. One of the first big orders came from Walmart, which needed the sheets installed between cashiers and customers. Coffee shops and small restaurants quickly followed suit. And all told, orders are up six-fold since March, Grindley says. "It basically has not stopped." Demand for face shields could normalize by the end of year, Grindley says, but he's not so sure the booming market for acrylic barriers will wind down anytime soon. In addition to the surge in demand from restaurants, retailers and offices that are slowly opening up, Grindley says more use cases and interested buyers keep popping up as nonessential businesses across the country also begin to reopen. "Every day I come in and hear about a new application," he says. Plaskolite is now manufacturing clear barriers installed between booths and tables at restaurants, shatterproof partitions to separate bus drivers from boarding passengers and "barrier stations" for employers to safely take workers' temperatures at the start of shifts. The products have already made their way into retailers, casinos and courtrooms, and Grindley says he's also received proposals for barriers between seats in movie theaters, airplanes and even dentist offices. "It's been a wild ride," says Jay Smith, business director and vice president at Mitsubishi Chemical Corporation’s Lucite International, the nation's largest producer of the chemical compound used to make acrylic glass–and Plaskolite's exclusive supplier. Smith says the nearly complete stop in automotive manufacturing and construction had Memphis-based Lucite, which also supplies materials for those industries, initially bracing for a considerable market downturn. That quickly changed toward the end of March, when Grindley called to tell Smith of the unprecedented surge in demand for clear acrylics. "That's when we became confident that this would be a significant shift for the market,” Smith says, “so we just started feeding the materials as fast as we could, moving barges of needed product up the Mississippi River, to Cincinnati, and then trucking it from there to the various sites that Plaskolite has." Lucite's sales have actually beat pre-coronavirus projections, Smith says. Not everyone in the industry is convinced that the plexiglass boom will outlive the pandemic. France-based Altuglas, a subsidiary of competing specialty chemicals supplier Arkema, for example, says that the rising demand for its acrylic sheet is only enough to help offset declines in other segments, and that while it's operating at capacity for these products, it doesn't yet believe the market is sustainable enough to warrant increased investment in new lines. "I believe what we see today is the simultaneous requests of all the potential users... I think we see the peak," says Altuglas chief Jean-Luc Béal. "We are just using our capacity to help weather the market, even if this area of the market is not the strategic area we tend to be in historically." In late March, Arkema withdrew its 2020 EBITDA guidance, which was in line with last year's figure of roughly $1.6 billion (1.5 billion euros). "In this fast-changing environment, this guidance is no longer relevant," the firm said in a statement at the time. Plaskolite’s longtime chief is less worried about the demand. "I think this is very similar to September 11 and what happened in security in airports; I see it as something that's here to stay," says Grindley, adding that Plaskolite is already working on a second generation of antimicrobial and scratch-resistant barriers. "Frontline workers are demanding it, consumers are demanding it, so this is something that people better get used to because it's going to be around. Nov 12, 2018 -Investment firm PPC Partners is acquiring plastics sheet giantPlaskoliteLLC from a unit of Charlesbank Capital Partners for an undisclosed ... Mitsubishi Chemical Holdings Corporation (MTLHY) Down from $41! 28.24-0.23 (-0.81%) At close: July 10 9:57AM EDT
Just what Walmart needs in their parking lots. I'll tell ya what though, if the concert thing catches on.... private land.... Woodstock 2021... Car-A-Palooza. Now you got me thinking... Man I could see a redneck bash from hell... lease a farmers field, bring in a couple up and comers off Music Row, get Ram Trucks and Budweiser to sign on as a sponsor.... holy moly... it would work. Hmmmm. shhhh.
Yeah what happens is if you're putting too much water into the septic, which a leaky toilet will certainly do, solids in your septic tank will float up and get in the pipe(s) that drain out to your leech field. Then these stop up and then you'll be looking at a whole new leech field. I guess the good news on that would be you'll have a back-hoe on site and you can throw him an extra $50 to tear down the grotto. HOW DO YOU KNOW ABOUT MY GROTTO PROBLEM! These freakin' guys they came over and measured my land they pretended they were just doing some project for the land trust. And left a face mask on the ground-- Covid much! And now after all these years they are going to tell me what? Common the prior owner actually deeded the land to the trust imagine the bad vibes of acting all possessive now... and now I'm afraid they are going to make a big deal of like fifteen feet. My Grotto Ok I screwed up I went for shade of a tree and I didn't know where the crazy zig zag slice of pie line cuts through my property in a weird way.Oh I'm getting agitated just thinking about it. Peace and love just go away... go away... no further action taken... I'm not getting my NYC mail so I have no idea what's going down. I just see these guys they walk all over your property without asking and then leave ribbons in areas too close to the house. YOU ARE 100% spot on a shit ton of water can actually happen from a leaky toilet and that's why I bet I've got so much water everywhere in the lower field. And the septic rose up like you said... They use the dye in the toilet to see if there's an imperceptible leak, ie one you can't hear. If the water in the toilet tank clears up, you've got a leak. Those leaky toilets... you'd be surprised how much water they can go through. I got a $500+ water bill once on a rental, the idiots didn't tell me the bitch was running 24/7. I was pissed. Do you put the die in the toilet bowl or in the back tank? And is this something i do?
Elite Traders are getting their money's worth today! CALGARY, Alberta, July 09, 2020 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT, NASDAQ: DRTT), an interior construction company that uses technology for client-driven design and manufacturing, will release its second quarter 2020 financial results on Wednesday, July 29, after markets close. DIRTT is a building process powered by technology. The company uses its proprietary ICE® software to design, manufacture and install fully customized interior environments. The technology drives DIRTT’s advanced manufacturing and provides certainty on cost, schedule and the final result. Complete interior spaces are constructed faster, cleaner and more sustainably. DIRTT’s manufacturing facilities are located in Phoenix, Savannah and Calgary. DIRTT works with nearly 100 sales partners globally
items covered today. Plexiglass Office Interiors Poop Toilets Sony Wallmart Drive in Theaters Stone Grottos 5G Hibbett Sporting Goods BCRX and their anti viral for Covid
You told us about the grotto lol.... On the tank thing... either or. If its leaking water, the tank will eventually loose the food dye, that water will go in the bowl, and then that water will eventually clear up too. Same thing, eventually the water heads outside.
The guy from "we do doodoo"... he had the roto-rotor snake because he wanted to check the pipe that leads out of your tank and feeds the leech field. If its all stopped up, you're pretty much screwed. When you say "the lower field is getting wet"... that leads me to believe your tank is overflowing, not from a leaky toilet, but from a clogged leech field.