Umax Group Corp Trade Ideas — OTC:UMAX

UMAX Announces Major Facility Expansion to meet Demand LAS VEGAS, Jan. 8, 2021 /PRNewswire/ -- UMAX Group Corp. (Pink Sheets Alternative Reporting Pink: UMAX) – UMAX and its wholly-owned subsidiary, Home Foam Corporation, would like to announce it is moving to a new facility. The facility is almost twice the size of its current operational footprint. The move is anticipated during the first quarter of calendar year 2021. Mr. Fletcher (President and CEO of the Company), states…"Home Foam initially moved into its current 12,500 square foot facility off Pecos and Cheyenne, in the industrial corridor of the Las Vegas Valley, during the last quarter of 2019. Home Foam expected this facility would meet its operational needs for several years. It became evident in the middle of 2020, less than nine months into since its formation, that Home Foam would need a much larger facility to meet the growing needs of its current client base as well as potential new client contracts that are being negotiated. These new contracts, which are to be announced in the coming weeks and months, will be a macro change in the top line revenue of Home Foam Corporation. As such, UMAX and Home Foam have signed the necessary lease agreement for the new facility and has a planned move in date on April 1, 2020. This brand-new facility is state of the art and encompasses in excess of 24,000 square feet of office and warehouse space. The new location, which is on Cheyenne Road, right of the busy I-15 industrial corridor, will meet the needs of UMAX and Home Foam for the next couple of years based upon its forecasted revenue growth. It has been a genuinely exciting initial year and a half of operations for the Home Foam management and employees as we strive to meet the increasing demands of our current client base and land new clients moving forward." The performance of the Las Vegas new housing market in 2020, and the predicted substantial increase in demand for new homes in the Las Vegas Valley in 2021, has driven the increased demand for the products of Home Foam Corporation leading to its need to move to a larger facility. In the Las Vegas Review Journal on December 24, 2020, the byline was "Las Vegas Housing Market Expected to Stay Hot in 2021". In this article, it stated that the National Association of Realtors expected national home sales to rise 7 to 10 percent in 2021. The article went on to suggest that the Las Vegas market should outpace this national forecast and specifically states that Las Vegas has also long been a popular spot for people to move from higher-priced areas, especially Southern California. The article went on to say that: (1) home sales growth was accelerated during the pandemic as exiled office staffers work remotely and buy bigger more affordable homes in Southern Nevada; (2) the Las Vegas' housing market was initially hit with turbulence after the pandemic upended daily life, as the valley's sales pipeline shrank rapidly, but the real estate market recovered and is now at its most frenzied level in years; (3) new home sales by the end of 2020 may have reached the most since 2007; and (4) local home builders predict that the Las Vegas new home market will be strong in 2021 which is being mainly driven by out of state buyers, mostly Californians, which is driving the predicted increased sales in 2021 and beyond. The expected increase in new home starts in the Las Vegas market is being driven by historically low interest rates, low than normal home inventory for sale, first time home buyers, and new residents moving to the valley from high price areas like California and New York. This is an economic trend that should last for several years to come. UMAX and Home Foam plan to take full advantage of this predicted economic growth. Mr. Fletcher (President and CEO of UMAX) further stated…"The continued and ongoing strength of the Las Vegas real estate market has been a boon to UMAX and Home Foam Corporation. In recent discussions with one of our largest clients, a major home building subcontractor which specializes in stucco applications, they expect calendar year 2021 to bring significant increases in new home demand in the Las Vegas, Nevada real estate market in the neighborhood of 20% to 40%. This client provides turnkey stucco subcontract solutions for some of the largest well known home builders in Southern Nevada. We provide this client with all their required pre-designed glass reinforced gypsum shutters (which are fabricated on site at Home Foam). Home Foam also provides this client with EPS foam window pop outs to provide the finishing touches to these new homes." UMAX expects 2021 to be a year of significant growth in revenue from not only Home Foam's current client base but new large contract clients that are now being finalized. This increased revenue from Home Foam's current client base will have a large impact on its gross margin. Home Foam completed calendar year 2020 as a cash flow positive operation. As such, these anticipated increase in top line revenue for Home Foam will go almost all singularly towards bottom line financial performance of its parent company, UMAX. About Us UMAX Group Corp. is a Nevada corporation, is a public quoted Pink Sheet issuer under the ticker symbol "UMAX". Currently, UMAX has one operational subsidiary, Home Foam Corporation (Nevada Corporation), which specializes in architectural foam (EPS) design products. This includes columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings and interior & exterior moldings. Additionally, they provide ornamental foam pop-outs such as window treatments for outside of new homes for stucco subcontractors and plaster companies. Additionally, Home Foam cuts foam for packaging inserts for shipping companies as well as geo-foam for highway and road development. The company also manufactures shutters for some of the largest regional home building companies for newly constructed residential homes. The company currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada. The warehouse provides services for over 50 customer and currently has 13 full-time employees. Home Foam has plans to participate in the home building market in the Southwest Unites States during calendar year 2021. The company will eventually develop its own patented building system using EPS Foam products and a patented stucco-based coating. The coating insures higher R-values factors than traditional wood-built residences thus lower energy monthly cost. The company is also continually searching for companies that would expand the footprint in the home building industry for partnerships of acquisition.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Sources can be provided upon request as this platform does not allow such clarifications to be used.

UMAX CEO's Revenue Projections for 2021, Ignites Huge Rally.🚀🚀 UMAX Group Corp. ( UMAX ) Float: 9.75M Technical Analysis This low-float alert is trading on a bottom'd out chart, and appears to be primed and ready for a monster breakout. UMAX Group Corp.: Is operating in a red hot housing sector Has just completed a major acquisition of Home Foam Corporation CEO anticipates strong revenue growth in 2021 Has an extremely thin float of just 9.75M About the Company UMAX Group Corp. is a Nevada corporation, is a publicly traded company that trades under the symbol "UMAX". Currently, UMAX has one operational subsidiary, Home Foam Corporation (Nevada Corporation), which specializes in architectural foam ( EPS ) design products. This includes columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings and interior & exterior moldings. Additionally, they provide ornamental foam pop-outs such as window treatments for outside of new homes for stucco subcontractors and plaster companies. Additionally, Home Foam cuts foam for packaging inserts for shipping companies as well as geo-foam for highway and road development. The company also manufactures shutters for some of the largest regional home building companies for newly constructed residential homes. The company currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada. The warehouse provides services for over 50 customer and currently has 13 full-time employees. Home Foam has plans to participate in the home building market in the Southwest Unites States during calendar year 2021. The company will eventually develop its own patented building system using EPS Foam products and a patented stucco-based coating. The coating insures higher R-values factors than traditional wood-built residences thus lower energy monthly cost. The company is also continually searching for companies that would expand the footprint in the home building industry for partnerships of acquisition. UMAX CEO Delivers End Of Year Update. Provides Bullish Outlook For 2021 With the current client base of Home Foam, it is anticipated that UMAX will generate approximately $2.0M to $6m USD in revenue in calendar year 2021. Mr. Fletcher (President and CEO of the Company), states… "The calendar year 2020 has brought positive changes to the company and laid the foundation for the upcoming year. Since taking control of UMAX during the first quarter of this year I have been focused on taking the necessary actions to get UMAX current with OTC Markets and also taking the necessary actions to make changes in the capital structure necessary to make UMAX attractive to both market investors and potential acquisition targets. These corporate actions culminated with our first acquisition in the fourth quarter of this year with the acquired of Home Foam Corporation in November of 2020. The changes to its capital structure included reducing the authorized common stock from 1,850,000,000 shares to 500,000 shares amended in the articles of Incorporation and the cancellation of 500,000,000 shares owned by the controlling shareholder. This reduced the issued shares by 89% and should be concluded by the end of January. Once these shares of Common Stock are cancelled, UMAX will trade at a more normalized market capitalization (with only 60,472,27 shares of Common Stock outstanding). Both of these corporate actions are pivotal to our acquisition plans for calendar year 2021. " As previously announced and stated above, UMAX acquired 100% of the equity of Home Foam Corporation ("Home Foam"), a commercial operation which specializes in architectural foam ( EPS ) design products. These products include columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings and interior & exterior moldings. Home Foam also provides ornamental foam pop-outs such as window treatments for outside of new homes for several of the largest stucco subcontractors and plaster companies in Las Vegas, Nevada. Additionally, Home Foam cuts foam for packaging inserts for shipping companies as well as geo-foam for highway and road development. The company also manufactures shutters for some of the largest regional home building companies for newly constructed residential homes. Home Foam has a basic web site at which is currently being upgraded to be a full company and consumer facing, ecommerce-based web site. Home Foam works expanded polystyrene ( EPS ) or extruded polystyrene (XPS), which is valued for its insulating and cushioning properties. Foam polystyrene can be more than 95 percent air and is widely used to make home and appliance insulation, lightweight protective packaging, surfboards, foodservice and food packaging, automobile parts, roadway, and road bank stabilization systems and more. Currently Home Foam fabricates shapes from polystyrene per specifications of its clients which includes event designs and packaging, as well as foam walls, columns, and crown molding for home builders. Utilizing heat cutting technology we can cut almost any shape and form. Mr. Fletcher (President and CEO of UMAX ) further stated…"The acquisition of Home Foam Corporation was an initial step for UMAX to acquire additional vertical and horizontal basis cash flow positive operations in the home building industry. With the current client base of Home Foam, it is anticipated that we will generate approximately $2.0M to $6m USD in revenue in calendar year 2021. What the most exciting reason we acquired this particular subsidiary is Home Foam is in the final process of completing the closing of several new clients during the first quarter of 2021 that would potentially increase revenue by a multiple of 5 to 7 times our projected current revenue. We anticipate making an announcement with regards to these new clients by the 2nd Quarter of 2021." Home Foam currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada. The current warehouse provides services for over 50 customers and currently has 13 full-time employees. During the first quarter of 2021, it will be moving to a new location which has 23,500 square feet of operational space due to the increased client base and increased work orders we are expecting in calendar year 2021. This location is brand new and currently being built out to Home Foam's specifications. Homebuilding Industry Preparing For A Strong Post-Virus Upswing: Opportunities And New Strategies The U.S. housing market is witnessing an impressive comeback on major data points post COVID-19-led shutdowns, with home sales rising at a record pace, defying low inventory levels and broad-based economic and public health risks. The fundamentals of this rate-sensitive market, which accounts for almost 3% of the economy, remain favorable given the Fed’s dovish monetary stance and lower mortgage rates. Additionally, the need to rebuild inventories is expected to drive the U.S. housing aggressively. Apart from low borrowing costs, the changing geography of housing demand has been supporting builder confidence. Demand for new homes is improving in lower density markets, including small metro areas, rural markets and large metro exurbs, as people seek larger homes to work from home during the pandemic. Furthermore, homebuilders have also been controlling construction costs by designing homes efficiently and obtaining construction materials and labor at competitive prices. Homebuilders are following a dynamic pricing model, which enables it to set price according to the latest market conditions. Meanwhile, industry biggies have been acquiring other homebuilding companies in desirable markets, resulting in improved volumes, revenues and profitability. Again, the companies are focused on growing demand for entry-level homes, addressing the need for lower-priced homes, given the affordability concerns prevailing in the U.S. housing market. However, the COVID-19 outbreak and response to the health crisis in various countries are likely to have a lingering impact on the supply chain in the near term, which may impact builders’ ability to deliver in time. Precisely, rising material costs are quite a challenge. According to an Associated Builders and Contractors' analysis of information provided by the U.S. Bureau of Labor Statistics, there may be anecdotal shortages of some inputs as the global supply chain buckles under the coronavirus outbreak. Materials prices are likely to rise on supply chain issues and elevated trade tensions. These rapid increases in prices might have major implications on the industry. Again, shortage of skilled labor continues to be a pressing concern. Homebuilders remain cautiously optimistic about the industry’s prospects owing to rising land and labor costs. Meanwhile, softness in home purchases in the high-end housing market segment, in response to affordability challenges and general market uncertainty, is a cause of concern. Unlike in the 2006-2009 downturn, which was driven by an overbuilt housing market, we went into the current recession with a shortage of new homes. New home construction was running 25% below demand prior to this crisis, which means that there is little if any danger of creating an excess housing supply or sharply declining new home prices this time around. New home sales are surging. That's according to a survey conducted by John Burns Real Estate Consulting that revealed sales of newly built homes jumped 55% year over year in June. It represents the largest annual gain since the housing crash at the height of the Great Recession more than a decade ago. One of the best ways to capitalize on this new housing boom is to invest in homebuilding stocks like UMAX . This could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)

UMAX CEO Anticipates Revenues To Increase Sevenfold In 2021 UMAX Group Corp. (UMAX) Float: 9.75M Technical Analysis Company Website| Recent News As we mentioned earlier, December has been a month filled with monster winners. Our December alerts have already delivered up to +3,899% in gains, and we still have two weeks until 2021! We are swinging for the fences with our next trade idea. Please turn your immediate attention to UMAX Group Corp. (UMAX). This low-float alert is trading on a bottom'd out chart, and appears to be primed and ready for a monster breakout. UMAX Group Corp.: Is operating in a red hot housing sector Has just completed a major acquisition of Home Foam Corporation CEO anticipates strong revenue growth in 2021 Has an extremely thin float of just 9.75M About the Company UMAX Group Corp. is a Nevada corporation, is a publicly traded company that trades under the symbol "UMAX". Currently, UMAX has one operational subsidiary, Home Foam Corporation (Nevada Corporation), which specializes in architectural foam (EPS) design products. This includes columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings and interior & exterior moldings. Additionally, they provide ornamental foam pop-outs such as window treatments for outside of new homes for stucco subcontractors and plaster companies. Additionally, Home Foam cuts foam for packaging inserts for shipping companies as well as geo-foam for highway and road development. The company also manufactures shutters for some of the largest regional home building companies for newly constructed residential homes. The company currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada. The warehouse provides services for over 50 customer and currently has 13 full-time employees. Home Foam has plans to participate in the home building market in the Southwest Unites States during calendar year 2021. The company will eventually develop its own patented building system using EPS Foam products and a patented stucco-based coating. The coating insures higher R-values factors than traditional wood-built residences thus lower energy monthly cost. The company is also continually searching for companies that would expand the footprint in the home building industry for partnerships of acquisition. UMAX CEO Delivers End Of Year Update. Provides Bullish Outlook For 2021 With the current client base of Home Foam, it is anticipated that UMAX will generate approximately $2.0M to $6m USD in revenue in calendar year 2021. Mr. Fletcher (President and CEO of the Company), states…"The calendar year 2020 has brought positive changes to the company and laid the foundation for the upcoming year. Since taking control of UMAX during the first quarter of this year I have been focused on taking the necessary actions to get UMAX current with OTC Markets and also taking the necessary actions to make changes in the capital structure necessary to make UMAX attractive to both market investors and potential acquisition targets. These corporate actions culminated with our first acquisition in the fourth quarter of this year with the acquired of Home Foam Corporation in November of 2020. The changes to its capital structure included reducing the authorized common stock from 1,850,000,000 shares to 500,000 shares amended in the articles of Incorporation and the cancellation of 500,000,000 shares owned by the controlling shareholder. This reduced the issued shares by 89% and should be concluded by the end of January. Once these shares of Common Stock are cancelled, UMAX will trade at a more normalized market capitalization (with only 60,472,27 shares of Common Stock outstanding). Both of these corporate actions are pivotal to our acquisition plans for calendar year 2021." As previously announced and stated above, UMAX acquired 100% of the equity of Home Foam Corporation ("Home Foam"), a commercial operation which specializes in architectural foam (EPS) design products. These products include columns, caps, bases, medallions, railings, balconies, balustrades, shutters, window trims and sills, crown moldings and interior & exterior moldings. Home Foam also provides ornamental foam pop-outs such as window treatments for outside of new homes for several of the largest stucco subcontractors and plaster companies in Las Vegas, Nevada. Additionally, Home Foam cuts foam for packaging inserts for shipping companies as well as geo-foam for highway and road development. The company also manufactures shutters for some of the largest regional home building companies for newly constructed residential homes. Home Foam has a basic web site at which is currently being upgraded to be a full company and consumer facing, ecommerce-based web site. Home Foam works expanded polystyrene (EPS) or extruded polystyrene (XPS), which is valued for its insulating and cushioning properties. Foam polystyrene can be more than 95 percent air and is widely used to make home and appliance insulation, lightweight protective packaging, surfboards, foodservice and food packaging, automobile parts, roadway, and road bank stabilization systems and more. Currently Home Foam fabricates shapes from polystyrene per specifications of its clients which includes event designs and packaging, as well as foam walls, columns, and crown molding for home builders. Utilizing heat cutting technology we can cut almost any shape and form. Mr. Fletcher (President and CEO of UMAX) further stated…"The acquisition of Home Foam Corporation was an initial step for UMAX to acquire additional vertical and horizontal basis cash flow positive operations in the home building industry. With the current client base of Home Foam, it is anticipated that we will generate approximately $2.0M to $6m USD in revenue in calendar year 2021. What the most exciting reason we acquired this particular subsidiary is Home Foam is in the final process of completing the closing of several new clients during the first quarter of 2021 that would potentially increase revenue by a multiple of 5 to 7 times our projected current revenue. We anticipate making an announcement with regards to these new clients by the 2nd Quarter of 2021." Home Foam currently operates a 12,500 square foot warehouse located in Las Vegas, Nevada. The current warehouse provides services for over 50 customers and currently has 13 full-time employees. During the first quarter of 2021, it will be moving to a new location which has 23,500 square feet of operational space due to the increased client base and increased work orders we are expecting in calendar year 2021. This location is brand new and currently being built out to Home Foam's specifications. Homebuilding Industry Preparing For A Strong Post-Virus Upswing: Opportunities And New Strategies The U.S. housing market is witnessing an impressive comeback on major data points post COVID-19-led shutdowns, with home sales rising at a record pace, defying low inventory levels and broad-based economic and public health risks. The fundamentals of this rate-sensitive market, which accounts for almost 3% of the economy, remain favorable given the Fed’s dovish monetary stance and lower mortgage rates. Additionally, the need to rebuild inventories is expected to drive the U.S. housing aggressively. Apart from low borrowing costs, the changing geography of housing demand has been supporting builder confidence. Demand for new homes is improving in lower density markets, including small metro areas, rural markets and large metro exurbs, as people seek larger homes to work from home during the pandemic. Furthermore, homebuilders have also been controlling construction costs by designing homes efficiently and obtaining construction materials and labor at competitive prices. Homebuilders are following a dynamic pricing model, which enables it to set price according to the latest market conditions. Meanwhile, industry biggies have been acquiring other homebuilding companies in desirable markets, resulting in improved volumes, revenues and profitability. Again, the companies are focused on growing demand for entry-level homes, addressing the need for lower-priced homes, given the affordability concerns prevailing in the U.S. housing market. However, the COVID-19 outbreak and response to the health crisis in various countries are likely to have a lingering impact on the supply chain in the near term, which may impact builders’ ability to deliver in time. Precisely, rising material costs are quite a challenge. According to an Associated Builders and Contractors' analysis of information provided by the U.S. Bureau of Labor Statistics, there may be anecdotal shortages of some inputs as the global supply chain buckles under the coronavirus outbreak. Materials prices are likely to rise on supply chain issues and elevated trade tensions. These rapid increases in prices might have major implications on the industry. Again, shortage of skilled labor continues to be a pressing concern. Homebuilders remain cautiously optimistic about the industry’s prospects owing to rising land and labor costs. Meanwhile, softness in home purchases in the high-end housing market segment, in response to affordability challenges and general market uncertainty, is a cause of concern. Unlike in the 2006-2009 downturn, which was driven by an overbuilt housing market, we went into the current recession with a shortage of new homes. New home construction was running 25% below demand prior to this crisis, which means that there is little if any danger of creating an excess housing supply or sharply declining new home prices this time around. Technical Analysis: UMAX's Chart Appears to be Trending Bullish We've done our very own chart analysis and see the potential for a big move from here! Bullish Indicators RSI has bullish trend line break Wedge break imminent Volume rises as accumulation takes place Bullish crossover & strong trajectory Bullish move above zero-line The Bottom Line New home sales are surging. That's according to a survey conducted by John Burns Real Estate Consulting that revealed sales of newly built homes jumped 55% year over year in June. It represents the largest annual gain since the housing crash at the height of the Great Recession more than a decade ago. One of the best ways to capitalize on this new housing boom is to invest in homebuilding stocks like UMAX. This could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately. (*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)

$UMAX Day trade setting up again, First alert of the day was in at 08 on the first pull back candle out at 14,, now nice triangle formation, and cup with in, looking for the handle pull back to load up again

Umax Group Corp

UMAX trade ideas