Model Airplanes

New manager Steve Shin-abery of St. Marys on Monday morning shows off some plane. . .

Article source: https://www.dailystandard.com/archive/2018-02-20/stories/34324/skys-the-limit-for-managers-passion

Larry Sheffron, 83, went home to be with His Lord, Jesus Christ on February 16, 2018, at RoseWood Village in Charlottesville, Va., under the care of Hospice of the Piedmont. He was born on February 9, 1935, in Brooklyn, N.Y. to Shirley and Jack Sheffron. Married to Karen Southard Sheffron, they lived in Staten Island, N.Y. from 1981 to 2001, retiring to Lake Monticello that same year. He is survived by his wife, Karen; his brother, Allen and wife, Arlene; sons, Paul and Eric Sheffron; stepsons, Timothy Villegas and wife, Cecilia Riedel, and Kevin Villegas and wife, Minoska; three grandsons, one granddaughter; mother-in-law, Georgia Polhemus; and in-laws, Thomas and Terry Southard, and Joanne Southard Ferster and their families. Larry attended Erasmus H.S. in Brooklyn and received his B.A. at Hunter College, Bronx, N.Y. He served in the Army reserves during the Vietnam War. He was an accountant, loved playing softball and building model airplanes. He was a member of Covenant Church in Charlottesville. The family wishes to thank his caregiver, Francine Hall, the staffs at JABA, RoseWood Village, and Hospice of the Piedmont. The memorial service will be held at Covenant Church, 1025 Rio Road East, Charlottesville, Va. at 1 p.m. on Saturday, February 24, 2018. In lieu of flowers, memorial contributions may be made to Covenant Church, building fund, 1025 Rio Rd. E., Charlottesville, VA 22901. J. F. Bell Funeral Home is in charge of arrangements. www.jfbellfuneralservices.com

Article source: http://www.dailyprogress.com/obituaries/sheffron-larry/article_6ff0e7ec-769c-5c4d-b5bf-dc713c10401d.html

Introduction: Inventory Red Flag?

RPM International Inc. (RPM) is an international company that manufactures and markets coatings, sealants, and building materials. The company generates a majority of its revenues from its industrial segment (over 50%), but has a sizeable consumer segment (~1/3 of revenues) with well-known products like Rust-Oleum.

RPM brings back fond memories for me, because another of its consumer product lines is Testors. Among other things, Testors sells toy model glues and enamel paints that I used to put together scale model airplanes as a kid. Good ‘ole nostalgia.

image source: Old Model Kits

Another contributor recently highlighted RPM as an “overlooked dividend aristocrat gem” and reviewed recent operating metrics (bold emphasis is mine).

Revenue increased four consecutive years with improving margins. That’s a sign management has control of costs. There is a minor issue with their receivables and inventory: the turnover ratio for each is declining. Ideally, we’d like to see this improve, or, at worst, remain constant.

That contributor disclosed that he has no RPM holdings. However, I purchase RPM through a monthly direct purchase plan, so I thought I would look further into the inventory question.

Financial Red Flag?

First, is declining turnover ratio a red flag? A declining inventory turnover suggests that the company may be struggling to sell its products. So, yes, it can

Article source: https://seekingalpha.com/article/4148603-rising-rpm-finished-goods-sign-obsolescence

Rusty Lee

Rusty Lee, agronomy specialist in Montgomery County, spoke on agricultural uses of drones, such as this copter-style drone.

Posted: Tuesday, February 20, 2018 1:31 pm

Eye (In The Sky) On The Future: Lee Talks About Uses Of Drone Technology In Agriculture

Rusty Lee, an agronomy specialist for the extension in Montgomery County, gave the keynote speech at the 88th annual Ste. Genevieve County Soils and Crops Conference last Thursday on the use of drone technology in agriculture

Article source: http://www.stegenherald.com/community/eye-in-the-sky-on-the-future-lee-talks-about/article_ac60dbf2-1674-11e8-8665-3302b14cbbf5.html