Ogden Thomas - Conrad Industries Director

CNRDDelisted Stock  USD 8.75  0.00  0.00%   

Director

Ogden U. Thomas, Jr. was a director of Conrad Industries since April 2004 since 2004.
Age 62
Tenure 20 years
Phone985-702-0195
Webhttps://www.conradindustries.com
Thomas serves as the Managing Director of Cross Group, Inc., a privately held group of companies servicing the oil and gas, marine services, offshore construction and deepwater services industries. From 1988 to 2003, Mr. Thomas served as the President of the ENSCO Marine Company Division of ENSCO International, a leading offshore drilling contractor. Prior to that time, Mr. Thomas served in various management positions with Seahorse, Inc., a worldwide operator of offshore supply and anchor handling vessels and a subsidiary of Texas Eastern Corporationrationrationration, and as President of the Drilling Services Division of Texas Eastern Corporationrationrationration.

Conrad Industries Management Efficiency

The company has return on total asset (ROA) of 0.1333 % which means that it generated a profit of $0.1333 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2053 %, meaning that it created $0.2053 on every $100 dollars invested by stockholders. Conrad Industries' management efficiency ratios could be used to measure how well Conrad Industries manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 10.38 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Conrad Industries has a current ratio of 3.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Conrad Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Conrad Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conrad Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conrad to invest in growth at high rates of return. When we think about Conrad Industries' use of debt, we should always consider it together with cash and equity.

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Conrad Industries, Inc. engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States. The company was founded in 1948 and is headquartered in Morgan City, Louisiana. Conrad Inds operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 492 people. Conrad Industries [CNRD] is a Pink Sheet which is traded between brokers over the counter. Conrad Industries is listed under Shipbuilding Railroad Equipment category by Fama And French industry classification.

Management Performance

Conrad Industries Leadership Team

Elected by the shareholders, the Conrad Industries' board of directors comprises two types of representatives: Conrad Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conrad. The board's role is to monitor Conrad Industries' management team and ensure that shareholders' interests are well served. Conrad Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Conrad Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Parker Conrad, Founder and Executive Advisor To The CEO
Gary Lipely, Director Marketing
Robert Socha, VP Marketing
John Conrad, Chairman, CEO and Pres
Cecil Hernandez, CFO, Executive VP and Director
Jere Shopf, Director
Michael Harris, Director
Terry Frickey, COO, Executive VP of Bus. and Product Devel. and Executive VP
Louis Michot, Director
Daniel Conrad, Sr. VP and Director
Ogden Thomas, Director
Scott Thomas, VP CFO
Brett Wolbrink, COO VP

Conrad Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Conrad Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Conrad Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Conrad Industries' short interest history, or implied volatility extrapolated from Conrad Industries options trading.

Pair Trading with Conrad Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Conrad Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Conrad Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Conrad Pink Sheet

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The ability to find closely correlated positions to Conrad Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conrad Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Conrad Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Conrad Industries to buy it.
The correlation of Conrad Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Conrad Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conrad Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Conrad Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in Conrad Pink Sheet

If you are still planning to invest in Conrad Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Conrad Industries' history and understand the potential risks before investing.
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