Moro Corporation (MRCR) research, news, and more from GeoInvesting

Company description

Mon, 25 Sep 2017 20:23:02 GMT

Moro is a multi-subsidiary construction products and services company engaged in the (a) fabrication of concrete reinforcing steel (rebar) and, sheet metal (duct work), (b) distribution of construction steel and construction accessories, and (c) industrial/commercial and some residential construction contracting services (HVAC, plumbing, electrical and miscellaneous steel).

Research

Mon, 29 Dec 2025 15:33:39 GMT

Moro Corporation (OTC:MRCR) ($3.15; $19.3M market cap) announced it has entered into a definitive merger agreement with Blackford Capital:

Blackford Capital will acquire Moro Corporation in an all-cash transaction valued at approximately $34.2 million (or $5.59 per share).
Approximately $3.3 million (or $0.55 per share) of the purchase price is subject to escrow and holdback provisions.

Our Quick Take:

MRCR resided on our Data Center, Artificial Intelligence and Infrastructure screens. We first added the stock to the AI and Infrastructure screens in June 2024 at $1.75, the acquisition price equates to a 219% rise from being added to those screens.

MRCR joins Crawford United Corporation (OOTC:CRAWA) as a second stock in our model portfolio/screen universe to be acquired before year end at prices well above the price they were added to our coverage universe. #QualityMatters

Moro Corporation provides construction contracting, fabrication, and installation services, including HVAC, plumbing, electrical systems, steel fabrication, and related construction materials.

Research

Fri, 06 Jun 2025 04:00:00 GMT

Adding MRCR to Data Center Tracker Screen

During yesterday’s Live Open Forum Maj added Moro Corporation (OTC:MRCR) to the Data Center Tracker Screen. The stock already currently resides on both our Artificial Intelligence Screen and our Infrastructure Screen.

He added the stock to the Data Center screen after he recalled having a conversation with a Chatbot on the website of one of the company’s HVAC subsidiaries that confirmed its involvement in the data center market.

At this point, we can’t confirm to what extent this statement is true. You should also be aware that that growth has been subpar for sometime.

The company provides contracting and HVAC services to commercial and residential customers.

Research

Tue, 26 Sep 2017 15:42:14 GMT

MRCR ($0.95) - After being dark for several years, the Company announced its first half 2017 results on August 8, 2017. Although this happened early last month, we felt it was worth a mention now, given the movement of the stock on earnings and management commentary:

Q1 2017 sales of $13.9 million vs $13.2 million in the prior year
Q1 2017 net loss of $0.02 vs $0.00 in the prior year
Q2 2017 sales of $15.4 million vs $14.8 million in the prior year
Q2 2017 EPS of 0.10 vs $0.06 in the prior year

MRCR is a construction company (concrete/steel). (see full description below)

Quotes from management:

“It is perplexing to me why the market price for Moro’s stock has recently been trading in the OTC marketplace for about $0.50 per share which is 38% of book value. There is, in my opinion, a disconnect here which should eventually be recognized by the investment world.”

While shares jumped to $0.80 the day of earnings, the last two trading days shares have touched $0.95 on above average volume. Shares are still trading below the Company's book value of $1.32.

We are breaking down the quarterly and annual financials from the last several years but it looks like the Company’s bottom line has been improving.

Some things we need to dig into are the company’s high debt level and seasonality.

The Company operates through two divisions: Construction Materials and Construction Contracting. Its Construction Materials division is engaged in the fabrication of concrete reinforcing steel (rebar), sheet metal (duct work), and process piping, and the distribution of miscellaneous steel and construction accessories. Its Construction Contracting division is engaged in mechanical contracting services, including heating, ventilation and air conditioning (HVAC), plumbing, piping, and electrical contracting (high voltage, fiber optics, lighting, and building controls). Its products and services are used primarily in construction projects, such as highways, bridges, industrial and commercial buildings, office buildings, and other structures.