I’ve been honing in on companies who suck milk from the government tit. Wouldn’t you rather own a business dependent on a stark mad, out of control, government, rather than a populous subject to instant-firing and subsequent impoverished state?
Thus far, I’ve identified the following names as beneficiaries to the larges of government.
PRSC
The Providence Service Corporation provides and manages government sponsored social services and non-emergency transportation services. It offers home and community based counseling services, which include home based and intensive home based counseling, substance abuse treatment services, school support services, correctional services, and workforce development; and foster care and therapeutic foster care services. The company also provides not-for-profit managed services comprising administrative support, information technology, and accounting and payroll services; intake, assessment, and referral services; monitoring services; and case management services. In addition, the company provides non-emergency transportation management services to state Medicaid programs, local government agencies, hospital systems, health maintenance organizations, private managed care organizations, and commercial insurers, as well as to individuals with limited mobility, people with limited means of transportation, people with disabilities, and Medicaid members. Further, it offers school transportation services to school children, including special needs students who are physically fragile or mentally ill. The company has operations primarily in the District of Columbia, United States; and British Columbia, Canada.
MMS
MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, Saudi Arabia, and the United Kingdom. It focuses on administering government-sponsored programs, such as Medicaid, the Children’s Health Insurance Program (CHIP), health care reform, welfare-to-work, Medicare, child support enforcement, and other government programs. The company operates in two segments, Health Services and Human Services. The Health Services segment offers business process and administrative support services, as well as consulting services for state, provincial, and federal programs, including Medicaid, CHIP, Supplemental Nutrition Assistance Program, health care reform, Medicare, and Health Insurance British Columbia. This segment’s services include government health insurance program administration, health insurance program eligibility and enrollment, eligibility and enrollment modernization for government health benefit programs, health insurance exchange design and operations, application assistance and independent enrollment counseling, premium payment processing and administration, objective and evidence-based health appeals, independent medical reviews, health plan oversight, eHealth solutions with the Medigent product suite, Medicaid Management Information System planning and oversight, program consulting, and consumer outreach and education services. The Human Services segment provides various business process, case management, job training, and support services. This segment’s services comprise welfare-to-work services; child support case management, customer contact center operations, and program and systems consulting services; management tools and professional consulting services for education institutions; K-12 special education case management solutions; program consulting services; and tax credit and employer services
SWI
SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software for IT professionals in various organizations in the United States and internationally. The company offers enterprise-class IT management products, including Network Performance Monitor, a server-based fault and performance management platform to minimize network downtime; Network Performance Monitor modules, a series of add-ons; network configuration manager to automate the processes of network device discovery, network inventory management, and network change management; user device tracker, a server-based switch port management tool; scalability engines to increase the scale of a number of the products; and enterprise operations console to provide web-based views of various instances of Network Performance Monitor modules and Application Performance Monitor. Its enterprise-class network and IT management products also comprise Application Performance Monitor, a server-based availability and performance management system for applications and server infrastructure; patch manager to automate the process of deploying, managing, and reporting on patches and configuration settings; and synthetic end user monitor to capture the user steps of any web application and monitor the end-user experience; storage manager that combines reporting, monitoring, and notification on the performance of storage resources; backup profiler to provide a consolidated view of the status of backup operations; virtualization manager to manage various aspects of virtual server infrastructure; and log and event manager to automate the collection and interpretation of logs. In addition, the company provides free tools, such as desktop, laptop, server-based, or internet-based applications; and tools and toolsets for specific solutions of routine and complicated tasks.
GMK
Gruma, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of corn flour, wheat flour, tortillas, and other related products. Its products include rice, oats, packaged tortillas, grits, snacks, hearts of palm, tortilla chips, corn chips, and potato chips, as well as flatbreads comprising pita, naan, chapatti, pizza bases, and piadina. The company also designs, manufactures, and sells machines for the production of tortillas and tortilla chips under the TORTEC and BATITEC names. Its brands include JUANA, TIA BERTA, DECASA, ROBIN HOOD, POLAR, MONICA, ROBIN HOOD, LASSIE, REPOSADA, PODEROSA, SELECTA, DEMASA, FLOR DE TRIGO, MISIÓN, MASECA, MISSION, GUERRERO, TORTIMASA, MASARICA, MINSA, TORTI RICA, TOSTY, RUMBA, and LA TICA. The company offers its products to independent distributors, supermarkets, wholesalers, bakeries, cookie and pasta manufacturers, small grocery stores, tortilla and tortilla chip manufacturers, snack manufacturers, mass merchandisers, independent stores, food processors, restaurants, food service distributors, schools, hospitals, and military, as well as to governmental social welfare and distribution programs. It operates in the United States, Mexico, Venezuela, Central America, Europe, Asia, and Oceania. The company was founded in 1949 and is headquartered in San Pedro Garza García, Mexico.
I am sure there are many more government lackey plays. If you happen to know any, feel free to share. In case you’re wondering what I am up to, it is to expand my current investment universe to include new names through traditional research. I’d also like to address the lack of comportment taking place in the comments section. Understand something and know your place. “The Fly” has made money every single year since he’s been blogging here, on an annual basis, and many years prior. I have an expansive track record and history in navigating the markets and do not shy away from the down times.
“The Fly” will rise up and drive rail spikes through the heads of his enemies. Just wait and see.
