While other publicly traded companies that produce manufactured housing say they are interested in organic growth, among the larger publicly traded brands, Legacy Housing LEGH:Nasdaq) alone has eschewed buying out locations of their active competitors (mergers and acquisitions or M&A). Why such an obvious factual statement is commonly missed by financial analysis and media site reporting is therefore a fair question. It was a Legacy company insider who pointed that fact out to MHProNews. But in fairness, that information is also publicly available for those willing to do the research and look at the facts dispassionately. Or for those who have the chutzpah to reach out to Curtis “Curt” Hodgson or Kenneth “Kenny” Shipley, or one of their competitors, asking questions and listening to the replies can yield fascinating facts and insights. Stating the obvious can be clarifying. It is perhaps no surprise that often those outside of the manufactured home industry do not understand the nuances of the manufactured housing profession. Manufactured housing is often treated like the proverbial red headed stepchild of affordable housing or the total housing marketplaces. That observation doesn’t imply that financial, housing, or mainstream media do not gather useful data about firms such as Legacy or others – they often do. But it is common for media outside manufactured housing profession with little- to no-manufactured housing industry expertise to have hits as well as misses in their reporting. That is why this report on Legacy Housing (LEGH) is dubbed a “hits and miss” analysis. Simply Wall Street (SWS) recent analysis of Legacy has both hits and misses in their overview as well as more detailed insights on Legacy, insider trading, their valuation and stock trends, corporate history and leadership facts, and more. Zacks and Entrepreneur are among others that have done recent reports on Legacy, which may be the subject of upcoming reporting and analysis here on MHProNews.
While the production side of HUD Code manufactured housing has not in recent years yet gained the same level of media interest as the manufactured home communities (a.k.a. – often errantly called “mobile home parks”) sector has, there may be reasons why that will change in 2022. There have been various reports on manufactured housing producing companies such as Clayton Homes (BRK), Skyline Champion (SKY), or Cavco Industries (CVCO). But these often amount to glorified press releases on a new acquisition, or some negative news headline, such as Cavco Industries ongoing legal challenges with the Securities and Exchange Commission (SEC). The so called “Big Three” (Big 3) of Clayton, Skyline Champion (SKY), and Cavco (CVCO) have also periodically made headlines with their involvement in the Manufactured Housing Institute (MHI) branded CrossModTM Homes experiment. Generally reputable media companies such as the Wall Street Journal have published reports that somehow miss key facts and evidence. CrossMods – previously a.k.a. ‘the new class of manufactured housing,’ MH Advantage® (Fannie Mae), or CHOICEHome® (Freddie Mac), have to date have demonstrably been market failures. For those buying into that corporate-media hype, and who overlook the fact that only a few dozen of such costlier manufactured homes have been sold in the last few years – a sliver of the hundreds of thousands of mainstream manufactured homes sold in that same timeframe – miss what a Legacy insider told MHProNews. Namely, that CrossModTM homes ‘don’t pencil out’ (more on that below).
By contrast to the overhyped and underperforming CrossMods, Legacy has reportedly sold multiple times per year what they call “tiny houses” than the total production of their Big 3 competitors have sold in CrossMods. Not only did SWS miss that, but where is that found anywhere in mainstream or financial media coverage of those facts?
SWS discloses, as does MHProNews in every daily business news manufactured housing market update, that they do not hold a position in Legacy’s stock.
Before diving into the SWS statements, more of their stark graphics, insider trading, valuation trends, and other financial details, this report will look at information that SWS could have pulled from the Legacy website. In fairness to financial and other media, as the number of journalists continues to dwindle, the time a reporter or writer has to do a more complete report declines too. Additionally, media has often respond to the notion – right or wrong – that shorter is better. If that is so, why are some of the most engaged reports on MHProNews and/or MHLivingNews thousands of words in length, with graphics that illustrate and links to further insights? Certainly, there is a population segment that wants superficial news and eye candy. Additionally, some media reports are generated by a hybrid of AI and human ‘editing.’ By contrast to those, MHProNews – widely acknowledged as the largest and most read trade media in modern manufactured housing industry history – has human writers that have genuine industry expertise that factors into any given report.
While public engagement with news media has been declining, MHProNews has consistently bucked those trends. More complete reports mean that those who like or dislike the facts, evidence, and commentary presented are nevertheless routine readers. That makes what is published here relevant to manufactured housing specifically and to the broader public too. It may explain why public officials and researchers are on our site on a routine basis, per third-party sources and analytics.
Additional information, quotes from Legacy leadership, and relevant insights by MHProNews will follow the next segments of this ‘hits and misses’ report and analysis.
Those points noted, the following is from the Legacy website, following these qualifiers and notices.
- Note that Legacy’s ‘about us’ clearly contradict some of the statements found on the graphics and written report by SWS further below.
- Note too that there are some that assert that Legacy is not number 4 in total manufactured housing production, but they and a few other producers have a count similar in number, so either way, it is ‘close.’ That may be examined in a separate upcoming report.
- What is fair to say – based on known data from Statistical Surveys – is that Legacy is the #4 publicly traded company in manufactured housing.
Those disclosures and points made, let’s dive into Legacy and then SWS provided insights.
Legacy Housing Corporation is the fourth largest producer of manufactured homes in the United States and a recognized leader and innovator in the manufactured housing industry. With current operations focused on the southwest and southeast of the United States, Legacy offers an array of products that help make quality housing affordable again.
In business since 2005, Legacy continues to build a high-quality home at a substantial value to its network of independent retailers, company-owned stores, and their customers. Our ownership team of Curtis Hodgson and Kenny Shipley started working in the industry 35 years ago. In that time, they have become experts on every facet of the industry, utilizing that knowledge to build a company that is consistently an innovator in the industry, including with respect to Legacy’s floor plan designs, the construction methods and materials, and available financing options. Building 80+ floor plans ranging from 1 to 5 bedrooms with up to 2600 square feet, Legacy has built its reputation on designing family-functional floor plans and offering features that most of the competition cannot match.
Legacy is also one of the industry leaders for the emerging “tiny house” market, which are structures between 320 and 399 square feet in size. Legacy’s tiny houses come in a variety of models and floors plans, which range from 1 to 3 bedrooms and even include the option of adding a large covered patio.
With over 130 retailers in fourteen states primarily located in the southwest and southeast of the United States, Legacy is poised for exponential growth as affordable housing becomes more popular, accessible, and desirable for today’s housing consumers.
Legacy manufactures homes at its three facilities, located in Fort Worth, Texas, Commerce, Texas, and Eatonton Georgia, each of which range in size from approximately 97,000 square feet to over 385,000 square feet. With Legacy’s control of the design and manufacturing process, Legacy can offer a variety of floor plans and features, such as fireplaces, state-of-the-art kitchens, and central up-flow air conditioning.
One of the most vertically integrated companies in the industry, Legacy offers a complete solution to our customers. Legacy focuses on quality and affordability from beginning to end of the process, including product design, directly purchasing the materials for the construction, manufacturing the home in Legacy’s plants, and delivery of the home using Legacy’s fleet of trucks to ensure timely and safe distribution to Legacy’s expansive network of independent retailers and company-owned stores. Legacy also offers comprehensive, tailored financing solutions to our dealers, community owners, and customers.
Legacy employs over 900 people and has been named multiple times to the list of America’s Fastest Growing Companies by Inc. Magazine.”
Similar and by contrast, Simply Wall Street (SWS) says the following.
About the Company
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan or wholesale financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities.
The company markets its homes under the Legacy brand through a network of 100 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
From that same SWS source is the following.
What Type Of Shareholders Own The Most Number of Legacy Housing Corporation (NASDAQ:LEGH) Shares?
Simply Wall St Simply Wall St
JAN 3, 2022 8:21AM EST
The big shareholder groups in Legacy Housing Corporation (NASDAQ:LEGH) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.
Legacy Housing is a smaller company with a market capitalization of US$641m, so it may still be flying under the radar of many institutional investors. In the chart below, we can see that institutions own shares in the company. Let’s take a closer look to see what the different types of shareholders can tell us about Legacy Housing.
What Does The Institutional Ownership Tell Us About Legacy Housing?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Legacy Housing does have institutional investors; and they hold a good portion of the company’s stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Legacy Housing’s historic earnings and revenue below, but keep in mind there’s always more to the story.
Legacy Housing is not owned by hedge funds. Our data suggests that Curtis Hodgson, who is also the company’s Top Key Executive, holds the most number of shares at 25%. When an insider holds a sizeable amount of a company’s stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company. With 13% and 2.3% of the shares outstanding respectively, Kenneth Shipley and Voss Capital, LLC are the second and third largest shareholders. Interestingly, the second-largest shareholder, Kenneth Shipley is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company’s top shareholders.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
Insider Ownership Of Legacy Housing
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
It seems insiders own a significant proportion of Legacy Housing Corporation. Insiders have a US$241m stake in this US$641m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we’ve identified 2 warning signs for Legacy Housing that you should be aware of.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SWS, as some other financial news companies and platform also do, provides a mix of free and for a fee compilation of data. Samples of their info on Legacy follow below. Before providing their graphics, it is worth noting that when something as easy to verify as the length of time that upper management has been in place, it is a flag for other possible concerns. That said, generally the data – vs. the analysis – from such firms as SWS tend to be accurate, because they are often captured and generated via an automated process. It is SWS’ analysis and commentary that are ironically contradicted at times by other known facts, including some that their own reports provide.
Additional Information, more MHProNews Analysis and Commentary in Brief
Legacy has at times reportedly paid other producers to build models for them. While there are certainly naysayers about Legacy, or other brands for that matter, there is also respect for the work ethic of Hodgson and Shipley.
Hodgson has made it clear that they see the industry as largely thinking too short-term.
Hodgson and Shipley have had a long-term view of the industry and their place within manufactured housing. That is why they have been busy developing sites and communities.
Legacy has not been without controversies, perhaps the most notable being the declared COVID pandemic-declaration connected SBA loan program. Insiders in the company provided MHProNews with their claims. Unlike some other MHI members, Legacy responded directly to MHProNews with their response to those allegations.
Additionally, Legacy leadership took the extra step of giving MHProNews an exclusive heads up on what they were telling other media.
While Legacy may respond on or off the record to inquiries, they routinely have been responsive. That is true for others in manufactured housing, which at times have included members of the Big 3. That said, following factual and evidence-based critiques, other fellow MHI member brands have at times gone silent. By contrast, Legacy has continued to engage. It should be noted that MHProNews continues to get periodic insights from management and others in the Big 3, most commonly in an off the record manner.
In a matter of weeks, anyone in the world who has uncensored internet access who wants to know can find out what total manufactured housing production was for 2021. It is widely expected for manufactured housing to have finally crossed the 100,000 total national production threshold. While that is an improvement from the 2009-2010 low around 50,000 units, it is a weak recovery compared to what automotive, mainstream housing, or RVs have during their respective market swings.
MHProNews will soon be providing an update to this fact-packed report linked below. But until then, the reports that follow shed significant light on historic and trend insights.
MHProNews noted above that Legacy has thus far eschewed the CrossMod scheme. In doing so, we teased the following from an insider. Namely, that CrossMods – per that source – do not pencil out. Meaning, when the added costs for CrossMods, a ground set, etc. are factored in, even with lower interest rates available from Fannie and Freddie, these units are no bargain. Perhaps that is why they have not taken off with the general public?
We plan an update on the looming threat to CrossMods and other costly HUD Code or other factory built housing products from 3D printed housing. Until then, the report linked below explains at length why CrossMods – which may gain some modest steam in the coming months, is likely to hit a wall and then decline. The details follow, but the short version is simple. 3D printed housing will have a similar cost to CrossMods. Given the negative media that has been allowed by MHI to take hold of the manufactured housing market, why would most customers pick one of the CrossMods if they could get a 3D Printed house faster and at a similar cost?
The potential for HUD Code manufactured homes has perhaps never been greater than today. But as MHI award winner, volume MH retail and MH communities veteran Marty Lavin recently tweaked the industry leaderships’ respective noses, the decades of hype have never come to fruition.
As part of our ongoing pro-growth efforts, MHProNews and our MHLivingNews sister site have recently launched our expanded effort to inform objective media, public officials, investors, and the homebuying public of the sobering realities vs. the often obscured by others undercurrents that have kept manufactured housing struggling during an affordable housing crisis.
The facts are clear. There is a need for millions of housing units. With a largely uncontrolled southern border, just illegal immigration alone means that still more housing will be needed. The potential for growth is substantial. But it should be obvious that the dominating brands at MHI do not sincerely want to enforce the federal laws that could make robust growth a reality.
That said, as a well-positioned manager in an MHI member producer told MHProNews, despite the opportunities, if those underlying issues of zoning/placement and finance are not addressed, another industry downturn looms.
Given the apparent game playing by the dominating brands, which is highlighted and evidenced by the SEC suit against Cavco, there are reasons to believe that a gamut of SWOT related outcomes is possible.
In this turbulent environment, Hodgson and Shipley have plowed ahead with a clear vision that does not depend on MHI or others. This is one of the misses in reports by Zacks, SWS or others when it comes to Legacy.
Not to say that Legacy doesn’t have its own issues. But their leadership clearly believes in organic growth vs. growth by buying out competitors. As an insider told MHProNews, it is less costly to develop or open a new plant than it is to buy out a competitor’s plant. There are a range of potential legal risks to the larger competitors of Legacy, as the SEC suit underscores.
MHProNews will continue to bring the expert reports, fact checks, and analysis on publicly traded firms, and periodic ones on non-public firms such as the one linked below about Sunshine Homes and their 50th anniversary of producing respected HUD Code manufactured homes with high levels of consumer satisfaction.
MHProNews’ parent company will continue to lay the foundation for exposing those who arguably have manipulated the manufactured housing market from within. Additionally, the efforts to shine a light on industry issues and opportunities by utilizing platforms beyond manufactured housing should over time yield the needed accountability for predatory and apparently illegal behavior by some of the ‘leading’ brands at MHI.
For those who eschew fluff and want facts, evidence, and common-sense analysis based on reality, stay tuned for what’s new, historic, trending, and developing in 2022. That and more are all right here on industry leading MHProNews and our MHLivingNews sister site.
Next up is our business daily recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left (CNN) – Right (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 1.4.2022
- Stocks are acting weird
- A U.S. flag on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Jan. 3, 2022.
- Bond yields are up which is usually a bad sign for the market. Instead, investors are cheering
- Wall Street is getting greedy again
- GM was just dethroned as America’s largest automaker
- A record 4.5 million Americans quit their jobs in November
- Biden’s $1 billion bet to make beef cheaper: When will prices fall?
- Classic BlackBerry phones stop working today
- 3 key takeaways from the Elizabeth Holmes verdict
- Fanatics buying Topps trading card business for $500 million
- OPEC and its allies agree to keep pumping more oil
- China denounces Walmart for ‘stupidity’ after Sam’s Club was accused of pulling Xinjiang products
- Evergrande has been ordered to demolish 39 buildings in Chinese resort
- Seth Meyers cancels week of ‘Late Night’ shows after testing positive for Covid-19
- Shared history of January 6 is impeded by disinformation and denial
- Brooklyn Borough President Eric Adams at a gun violence prevention community meeting and press conference on July 14, 2021 at the Lenox Road Baptist Church in Brooklyn, New York City.
- NYC Mayor Eric Adams to big banks: We need you back in the office
- The world’s 500 richest people became $1 trillion richer last year
- A view of Crystal Pepsi at the Crystal Pepsi Throwback Tour with Busta Rhymes to bring music, baseball, and iconic Clear Cola to fans at Billy's Sports Bar on August 1, 2017 in the Bronx.
- Crystal Pepsi is back
- A person carries a briefcase while walking along State Street in Madison, Wisconsin, U.S., on Wednesday, Sept. 23, 2020.
- HR executives share some of the biggest challenges of 2021
- Employers had a rough 2021. Now here comes Omicron
- Employers are preparing for big pay raises in 2022
- 5 ways to nail a financial negotiation
- Walking from your bed to home office now counts as commuting in Germany
- ON THE ROAD
- A rendering of the Mercedes-Benz Vision EQXX.
- Mercedes says its electric concept has 620 miles of range
- 2021: The revolutionary year in pickup trucks
- Tesla posts record fourth quarter and full year sales
- Lucid Air named MotorTrend Car of the Year
- This 33-year-old made the world’s fastest electric car. Now he’s running Bugatti
Headlines from right-of-center Newsmax – evening of 1.4.2022
- Parents of Marine Slain in Afghanistan Pullout Want Biden’s Joint Chiefs Chairman to Resign
- At left, a Marine Corps carry team moves a transfer case containing the remains of Marine Corps Lance Cpl. Kareem Mae’Lee Grant Nikoui, 20, of Norco, Calif., at Dover Air Force Base, Del., on Aug. 29, 2021. At right, a scene from his Sept. 17 funeral procession. Nikoui along with ten additional Marines, one Navy corpsman and one soldier were killed Aug. 26, 2021, as the result of an enemy attack while supporting evacuation operations in Afghanistan. (AP)
- Newsmax TV
- Jha: ‘Irresponsible’ to Close Down Schools Over Omicron | video
- Florida State Rep. Ingoglia: DeSantis Right on Medication Demands | video
- Burgess: Border Overwhelmed Without Remain in Mexico Policy | video
- Matt Gaetz: Greene Kicked Off Twitter for ‘Challenging the Regime’ | video
- Buck: Expect GOP to Take Over 25 House Seats in 2022
- Lisa McClain: GOP in Congress ‘Ready to Fight’ Dems Agenda | video
- Ben Carson: Critical Race Theory Infiltrating Public Health Is Absurd | video
- More Newsmax TV
- Biden Urges Concern, Not Alarm as Omicron Rises
- President Joe Biden urged concern but not alarm Tuesday as the U.S. set new records for daily reported COVID-19 cases and his administration struggled to ease concerns about testing shortages, school closures and other disruptions caused by the surging omicron…… [Full Story]
- Bobby Rush Formally Announces he Won’t Seek Reelection
- Democratic Rep. Bobby Rush of Illinois formally announced Tuesday [Full Story]
- Study: Early Pandemic Babies Behind on Skills at 6 Mos.
- Babies born during the early months of the COVID-19 outbreak scored [Full Story]
- Kazakh Police Clash With Protesters Over 100 Percent Gas Price Hike
- Demonstrators denouncing the doubling of prices for liquefied gas [Full Story]
- Pennsylvania Gubernatorial Candidate Says Biden Admin Flying More Migrants to State
- The Biden administration continues to secretly fly migrants from the [Full Story]
- Record Number of Police Officers Killed in Line of Duty in 2021
- After a record number of their fellow police officers died in the [Full Story] | Platinum Article
- Senate GOP: Biden Failed to Report Afghanistan Details
- Republican senators say the Biden administration failed to deliver a [Full Story]
- Hawaiian Telcom Drops Newsmax From Cable
- This past weekend and without notice to you, Hawaiian Telcom removed [Full Story]
- Judge Blocks Pentagon from Punishing Navy SEALs Who Refused COVID-19 Vaccine
- A federal judge on Monday barred the U.S. Department of Defense from [Full Story]
- Surgeon General Murthy: CDC Will Clarify Isolation Rule ‘Any Day’
- The Centers for Disease Control and Prevention will be issuing a [Full Story]
- Florida Hospital System Breached
- A hospital system in Florida revealed over the weekend that hackers [Full Story]
- Progressives Rip Aaron Rodgers for Owning ‘Atlas Shrugged’ Novel
- Green Bay Packers quarterback Aaron Rodgers received backlash on [Full Story]
- BuzzFeed Adds ‘TransRights’ Disclaimer to Its Harry Potter Content
- BuzzFeed is adding an editor’s note to all its Harry Potter content [Full Story]
- Fed’s Kashkari, Citing Inflation Risks, Sees 2 Rate Hikes This Year
- Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday [Full Story]
- Joe Scarborough: Biden Must Do More to Stop Russia From Invading Ukraine
- MSNBC host Joe Scarborough is calling for President Joe Biden to be [Full Story]
- NYC Mayor Adams Defends Decision to Keep Schools Open Amid Virus Surge
- New York City Mayor Eric Adams on Tuesday defended his decision to [Full Story]
- NYC ER Doctor: Omicron Making People Sick in ‘Different Way’
- A New York City doctor says the current surge of COVID-19 infections [Full Story]
- Scalise: ‘We Will Hold Big Tech Accountable’
- Steve Scalise is blasting Twitter for going after elected [Full Story]
- Over 1K Boston Teachers, School Bus Drivers, Staffers Call Out Amid Virus Surge
- More than 1,000 Boston Public Schools teachers, bus drivers, and [Full Story]
- Hargray Drops Newsmax from Cable
- Newsmax television has been dropped from Hargray Cable homes.This [Full Story]
- Cincinnati Bell Drops Newsmax from Cable
- Newsmax television has been dropped from Cincinnati Bell homes. This [Full Story]
- Faculty at University of Memphis Offered Money for ‘Diversity’ Training
- The University of Memphis wants select professors to redesign their [Full Story]
- Blue Ridge Cable Drops Newsmax
- Newsmax television has been dropped from Blue Ridge Cable homes. This [Full Story]
- Neurological Illness in Canada More Widespread in Young Adults
- A progressive neurological disease affecting young people in New [Full Story]
- US Arrests Suspect in Haiti Presidential Assassination
- S. authorities have arrested a Colombian man for his alleged [Full Story]
- Chinese Media Releases Bizarre James Bond Parody Mocking US Over Huawei
- Chinese state media released a James Bond-esque parody video on [Full Story]
- Prosecutor Drops Groping Charge against Former NY Gov. Cuomo
- Albany’s top prosecutor said Tuesday he is set to drop a criminal [Full Story]
- Kelly Ernby, Former GOP Candidate for California Assembly, Dies From COVID
- Kelly Ernby, who ran unsuccessfully for a State Assembly seat in [Full Story]
- CDC Recommends Shortening Interval for Pfizer Booster Dose to 5 Months
- The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday [Full Story]
- Former RNC Head Steele Won’t Run for Maryland Governor
- Former Republican National Committee chairman Michael Steele said he [Full Story]
- More Newsfront
- Holmes Conviction Unlikely to Change Silicon Valley VCs
- The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley’s culture of hubris and hype some valuable lessons. Will anyone in the tech industry actually take this moment to heart? Don’t count on it…. [Full Story]
- Qualcomm, Microsoft Partner on Metaverse Chip for AR Glasses
- White House: Biden Is Prioritizing Diversity in Fed Picks
- BMW Achieves Record Sales of 2.2 Million Vehicles in 2021
- BlackRock, AmEx Extend Hybrid Work Plans as Omicron Spreads across U.S.
- More Finance
- CDC Recommends Shortening Interval for Pfizer Booster Dose to 5 Months
- The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday recommended shortening the interval between Pfizer-BioNTech’s second COVID-19 vaccine dose and the booster shot to five months from six. The move follows the U.S. Food and Drug Administration’s decision on…… [Full Story]
- How Parents Can Protect Their Kids During the Omicron Surge
- US Reports Nearly 1 Million COVID-19 Cases in a Day, Setting Global Record
- US Hospitals Seeing Record Numbers of Young COVID Patients
- CDC to Clarify COVID-19 Testing Guidance for Ending Quarantine
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing, and is starting our 12th year of serving the industry as the runaway most-read trade media.
Sample Kudos over the years…
It is now 11+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.