Strong Close.
Buying...
See new High of Year Coming.
Nice move today for next leg up.
Watch the action today.
I will add on any dips such as the Pre-Market in $ 42's.
The chart is solid.
Consolidation for a new High of Year.
http://finance.yahoo.com/q/bc?s=BOOM&t=5d
:o
Great return on BOOM so far. ;D
High of Year as predicted.
I blinked and this one was gone. Up over $2 and I can't type as fast as it moves.
Earnings are Thursday. I'm in earlier today at $42.10 to hold for a few days at least. I'm expecting a new high this week.
Volume took off as I'm trying to get this out. My charts are not up-to-the-minute so they won't show this move. Appreciate any current charts. Thanks.
Nice Move !
Take a look this morning.
STOCK SPLIT ANNOUNCEMENT:
Dynamic Materials Corporation (Ticker: BOOM)
announced that its board of directors
approved a 2 for 1 stock split.
I picked boom for 3SOF contest...and i want to put here also.. thank you ;)
We all know that BOOM is growing rapidly, Decreased their debt & mosf of all they will
report their 3Q earnings on tuesday. i'm expecting the company will give a good number.
BOOM is been trading in rectangle pattern for sometime now, the 52 week high is 26.25 is not too far away from the close last friday @ 25.50. i have a feeling BOOM will reach new high on tuesday morning. happy trading
Dynamic Materials Sets Date for Third Quarter Earnings Announcement:
BOULDER, Colo., Oct. 25 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation (DMC) (Nasdaq: BOOM - News), the world's leading provider of explosion-welded clad metal plates and associated services, today announced that it intends to issue its third quarter financial results before the stock market opens on Tuesday, November 8, 2005.
20% so far....
Another 5-Year supply deal , another all-time high... another BOOM :D
UPDATE 2-Dynamic reveals 5-year supply deal with GE
Mon Dec 5, 2005 02:09 PM ET
(Recasts first sentence, identifies GE as customer, updates stock action)
CHICAGO, Dec 5 (Reuters) - Metalworking company Dynamic Materials Corp. (BOOM.O: Quote, Profile, Research) on Monday said its AMK Welding division has entered a five-year supply agreement with General Electric Co. (GE.N: Quote, Profile, Research) , sending shares to an all-time high.
AMK will perform a range of welding, heat-treatment and nondestructive testing services on ground-based power turbine components, said Dynamic, a provider of explosion-welded clad metal plates and services. Annual production volumes associated with the deal will be subject to receipt of firm orders by GE's Energy business.
AMK will soon begin work on a significant expansion of its facility in South Windsor, Connecticut, in anticipation of production requirements related to the new supply agreement, Boulder, Colorado-based Dynamic said.
Dynamic shares rose to a new intraday trading high of $28.77, and were still up $4.50, or 18.6 percent, to $28.65 in afternoon trading on the Nasdaq stock market.
Motley Fool
BOOM's Booming Ahead
Tuesday December 6, 3:10 pm ET
By W.D. Crotty (TMFWD40)
When I wrote about Dynamic Materials (Nasdaq: BOOM - News) in November 2004, the stock of the metallurgical bonding and metal cladding company had doubled -- in a day! BOOM proved to be an appropriate stock symbol. And now the stock has, once again, been booming over the past two days -- though not at breakneck rates.
ADVERTISEMENT
On Monday, the company reported that its AMK Welding operation (5% of total sales last quarter) had received a five-year supply contract that would require a significant expansion of its manufacturing facility. Reuters later revealed that the deal was with General Electric (NYSE: GE - News), which is already an AMK customer. The news sent the stock up 17.1% for the day, and during the day it hit a new 52-week high.
Igniting the stock today is the announcement that the company received a $7.5 million order for clad metal plates to be used in a North American refinery project. The order, scheduled to be delivered in the first two quarters, indicates that the company is poised for a strong start in 2006. The order backlog already stood at $34.1 million at the end of last quarter (about 1.7 quarters of sales by last quarter's numbers, which is pretty high by historical standards).
The stock hit a new 52-week high this morning with a 13.8% gain, but it has subsequently backed off and is trading up 4.4% in mid-afternoon activity.
The AMK order is significant for a very simple reason: It indicates that business is finally accelerating in this division. But any order momentum is great because the company is already delivering high 18% operating margins and a strong 39.6% return on equity.
The one analyst who follows the company expected it to earn $1.04 a share in 2006, but that was before the announcements over the past two days. That looks like what I'd call a rich valuation at 28.3 times forward earnings, until you realize that last quarter's year-over-year revenue grew 67.7% and quarterly earnings grew 277.9%. Income from continuing operations improved by 126%.
Still, the company is in a cyclical business. Although the oil and gas, petroleum refining, and power generation markets (to name a few the company supports) look strong, investors would be wise to think twice before chasing the stock. Dynamic has acknowledged that recent results and growth have been fueled by robust market conditions and a successful turnaround, which it expects to moderate. When the cycle turns, what will the earnings prospects be for this company -- currently selling at 38 times trailing earnings?
Fool contributor W.D. Crotty does not own any shares in the companies mentioned. Click
here
Dynamic Materials gets $7.5 mln contract for clad metal plates
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh70805_2005-12-06_13-16-31_wna5681_newsml
http://biz.yahoo.com/prnews/051206/latu034.html?.v=38
Sold BOOM short today for the technical reasons displayed on this chart...
Big movers this morning ;) :D
UPDATE - TABLE-Dynamic Materials Q4 net income rises
InPlay: Dynamic Materials beats by 4 cents
I can't forget BOOM when started rocketing after i bought it.... Adrenaline Baby!! ;) :D
My second trade BOOM, when i started trading 2 years ago ;)
BOOM hits new 52 week high... I can sell now my 1 share left, just one... ;) :D
---A growing company
---Market CAP is just 486 million
---Shares Out.-- 11.77m
---FLOAT is just 5.5 million
Terlisa,
I have been holding BOOM long term. Yesterday it came down on this news:
http://us.rd.yahoo.com/finance/external/reuters/SIG=11vg30000/*http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh33069_2006-04-27_14-02-52_n27436734_newsml
Would it be a good idea to add more at this level or sell because of this new?
Also CNXT and NWRE came down today. ADD or SELL? I have been long on both.
thanks
Lalitha
:)
bounced back from bottom around 28$ (third time !)
Great find la-onda applaud!
I like this chart,price tested triple support and bounced off,also its down near the lower portion of a rising channel of multiple time frames,but thats just a quick synopsis fwiw
"BOOM" Threads have been Merged.......
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :( ::)
Thank You....and good luck with all your trades....make some $$$ ;)
Here is today's chart.......
Ascending ;)
Dynamic Materials Ranks Eighth on Business Week's Annual List of '100 Hot Growth Companies'
BOULDER, Colo., May 30 /PRNewswire-FirstCall/ -- Dynamic Materials Corporation (DMC) (Nasdaq: BOOM - News), the world's leading provider of explosion-welded clad metal plates, today announced it has ranked eighth on Business Week's Annual List of "100 Hot Growth Companies." DMC advanced from a 51st-place ranking on last year's list.
Business Week screened 10,000 public companies listed on the Standard & Poor's Compustat database, and selected those businesses with annual revenue of $50 million to $1.5 billion, a market capitalization of at least $25 million and a minimum stock price of $5.00. The companies were then ranked based on three-year sales and earnings growth, as well as return on capital. DMC recorded sales and earnings increases of 41.7% and 210.4%, respectively, during the three-year period, while average return on invested capital was 26.9%. The list is available online at http://www.businessweek.com and in the June 4 issue of the printed publication on newsstands.
DMC also was recently included on Fortune magazine's listing of "100 Fastest Growing Companies," and on Forbes magazine's listing of "200 Best Small Companies."
Yvon Cariou, president and CEO, said, "It is always an honor to be included among the country's most successful businesses, and is especially gratifying to have been ranked among the top-10 companies on the Business Week Hot 100. These honors help validate the strength of our product offering and business model, as well as the efforts of a dedicated management team and a highly committed and talented workforce."
DMC also was recently featured on the History Channel series "Modern Marvels," a program exploring the "ingenuity, invention, and imagination" behind many everyday items and technologies.
Nice chart
Another Good earnings report....great growth.
Strong grower! Looking for breakout soon.
Strong company, using explosion technology to weld metal. Coming out of oversold, I expect the stock to breakout to new highs in next 2 months. JMHO of course...
Need some strong volume to do so...convince me!
Technicals
Last Price Quote is:
0.42%above 13-day MA
7.37%above 50-day MA
RS Rating: 92
Fundamentals
Key Data:
Market Cap (M): $649.11
P/E Ratio: 27.12
PEG Ratio: 0.606977
Next Earnings: 02/21/2008
Last Analyst Rating: Hold
Below are the 6 month, 1 year, 2 year and 3 year charts.......
Dynamic Materials Q3 results.......
DYNAMIC MATERIALS CORP (BOOM): * Third quarter earnings per
share $0.58 * Third quarter sales rose 69 percent to $42.1
million * Reuters Estimates third quarter earnings per share
view $0.50, revenue view $35.69 million * Dynamic materials
forecasts sales and earnings results for fourth quarter to
likely approximate those of third quarter * Reuters Estimates
fourth quarter earnings per share view $0.57, revenue view
$41.20 million
Press Release Source: Dynamic Materials Corp.
Dynamic Materials Reports Third Quarter Financial Results
Thursday October 25, 4:03 pm ET
BOULDER, CO--(MARKET WIRE)--Oct 25, 2007 --
Selected Highlights
-- Company reports third quarter EPS of $0.58 versus $0.30 in same
quarter last year
-- Net income up 93% to $7.1 million versus Q3 last year
-- Sales increase 69% to $42.1 million versus comparable year-ago period
-- Explosive Metalworking backlog remains strong at $77.1 million
Dynamic Materials Corporation (DMC) (NasdaqGS:BOOM - News), a leading provider of explosion-welded clad metal plates, today reported financial results for its third quarter ended Sept. 30, 2007.
Sales for the third quarter increased 69% to $42.1 million from $24.9 million in the third quarter last year. Gross margin increased to 34% from 33% in the third quarter a year ago. Income from operations increased 72% to $10.6 million from $6.1 million in the comparable year-ago quarter. Net income increased 93% to $7.1 million, or $0.58 per diluted share, from $3.7 million, or $0.30 per diluted share, in the third quarter last year.
Explosive Metalworking
The Company's Explosive Metalworking segment reported third quarter sales of $40.3 million, up 72% from $23.5 million in the third quarter last year. Operating income increased 83% to $10.6 million from $5.8 million in the 2006 third quarter. Order backlog at the end of this year's third quarter was $77.1 million versus $68.8 million at December 31, 2006, and an all-time high $84.7 million at the end of the prior quarter.
AMK Welding
Third quarter sales at the Company's AMK Welding segment increased 32% to $1.8 million versus $1.3 million in the third quarter last year. Operating income was $325,000 versus $391,000 reported in the comparable year-ago quarter.
Management Commentary
"Strong demand from an array of end markets fueled another quarter of robust sales and earnings growth," said Yvon Cariou, president and chief executive officer. "The widespread push for new industrial processing capacity continues to drive significant investments in capital equipment, and based on the broad spectrum of domestic and international projects we are tracking, it appears this activity could continue for the foreseeable future. We are optimistic that many of these projects will incorporate DMC's explosion welded plates."
Cariou said the chemical processing, energy refining and aluminum smelting industries have been sectors from which there has been particularly strong order volume in recent months. "The new production capacity we have brought on line at our Mt. Braddock facility and the upgrades we are making at our European operations have enhanced our ability to effectively process the considerable order volume we continue to experience. In spite of continued tension in the supply chain for high-grade carbon steel, we are very encouraged by the volume of work our production teams are moving through our three explosion welding production centers."
Cariou added that activity at the Company's AMK Welding segment could increase significantly in the coming quarters, as one of the business' largest customers is expected to expand production of its ground-based turbine systems, on which AMK provides specialized welding services. "We believe our capacity expansion efforts at AMK have positioned us to effectively manage this anticipated increase in workload."
Rick Santa, chief financial officer, said DMC ended the third quarter with a strong balance sheet that included a cash position of $22.0 million, up from $10.4 million at the end of this year's second quarter. At the end of fiscal 2006, DMC had cash, cash equivalents and restricted cash of $20.9 million. DMC completed the third quarter with total current assets of $78.9 million, total assets of $106.4 million and working capital of $50.3 million.
Santa said management expects sales and earnings results for the 2007 fourth quarter will likely approximate those of the third quarter.
Nine-Month Results
Through nine months, sales increased 41% to $110.0 million compared with $77.8 million in the nine-month period of 2006. Gross margin was 34% versus 35% in the same period a year ago. Income from operations increased 32% to $26.9 million compared with $20.4 million in the comparable 2006 period. Net income through nine months was $17.7 million, or $1.44 per diluted share, versus net income of $14.2 million, or $1.16 per diluted share, in the same period last year. Net income in the 2006 nine-month period included a gain from discontinued operations of $1.4 million, or $0.11 per share, net of tax, attributable to the sale of a real estate purchase option.
The Explosive Metalworking segment reported nine-month sales of $105.3 million, an improvement of 42% versus sales of $74.3 million in the comparable period of 2006. Operating income increased 35% to $27.2 million compared with $20.2 million in the prior year's nine-month period.
Sales at AMK Welding for the nine-month period increased 37% to $4.7 million compared with sales of $3.4 million in the comparable year-ago period. Operating income was $606,000 compared with $621,000 in the prior-year period.
Conference call information
Management will hold a conference call to discuss third quarter results today at 5:00 p.m. Eastern (3:00 p.m. Mountain). Investors are invited to listen to the call live via the Internet at www.dynamicmaterials.com, or by dialing into the teleconference at 888-713-4215 (617-213-4867 for international callers) and entering the passcode 10554262. Participants should access the website at least 15 minutes early to register and download any necessary audio software. A replay of the webcast will be available for 30 days and a telephonic replay will be available through Oct. 27, 2007, by calling 888-286-8010 (617-801-6888 for international callers) and entering the passcode 53738869.
About Dynamic Materials Corporation
Based in Boulder, Colorado, Dynamic Materials Corporation is a leading international metalworking company. Its products, which are typically used in industrial capital projects, include explosion-welded clad metal plates and other metal fabrications for use in a variety of industries, including upstream oil and gas, oil refinery, petrochemicals, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration and similar industries. The Company operates two business segments: Explosive Metalworking, which uses proprietary explosive processes to fuse different metals and alloys, and AMK Welding, which utilizes various technologies to weld components for use in power-generation turbines, as well as commercial and military jet engines. For more information, visit the Company's website at www.dynamicmaterials.com.
Safe Harbor Language
Except for the historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties including, but not limited to, the following: our ability to obtain new contracts at attractive prices; the size and timing of customer orders and shipment; fluctuations in customer demand; changes to customer orders; the cyclicality of our business; competitive factors; the timely completion of contracts; the timing and size of expenditures; the timely receipt of government approvals and permits; the adequacy of local labor supplies at our facilities; current or future limits on manufacturing capacity at our various operations; the availability and cost of funds; and general economic conditions, both domestic and foreign, impacting our business and the business of the end-market users we serve; as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2006.
Contact:
CONTACT:
Pfeiffer High Investor Relations, Inc.
Geoff High
303-393-7044
--------------------------------------------------------------------------------
Source: Dynamic Materials Corp.
(BOOM).......
Dynamic Materials Acquires
DYNAenergetics for $83.4M and Stock
Dynamic Materials Corporation (BOOM) announced it has purchased
privately held DYNAenergetics, a Germany-based manufacturer of clad
metal plates and various explosives-related oil-field products. The acquisition
was valued at approximately $96.6 million (Euro 65.9 million),
exclusive of transaction costs, and was completed for $83.4 million in
cash (Euro 56.9 million) and 251,041 shares of DMC common stock.
DMC also assumed approximately $2.8 million (Euro 1.9 million) of
DYNAenergetics net indebtedness. DYNAenergetics recorded sales of
approximately Euro 50 million ($73.3 million) for its fiscal year ended
September 30, 2007. The company operates two business units: DYNAPLAT
and DYNAWELL. In connection with the acquisition, DMC
entered into a dollar- and euro-denominated credit facility valued at
approximately $100 million. DMC borrowed approximately $65 million
under the new facility to fund a portion of the purchase price. JP Morgan
was the lead credit arranger for this facility, which was provided by a
syndicate of seven banks. Green Manning & Bunch acted as exclusive
financial advisor to DMC with respect to the DYNAenergetics acquisition
Broke out to new high today.
BOOM: S&P Cuts to 3 STARS (Hold) from 5 STARS (Buy); Ups Tgt to $66 vs $58; Analyst Notes
Friday , November 30, 2007 15:40ET
Issuer: Dynamic Materials Corporation (NasdaqNM: BOOM)
Analyst Firm: Standard & Poor's
Ratings Action: DOWNGRADE
Current Rating: 3 STARS (Hold) (from 5 STARS (Buy))
Target Price Action: INCREASE
Target Price: $66.00 (+13.79% from $58.00)
Analyst Comments: The shares have exceeded the firm's previous $58 target price. They believe BOOM enjoys a strong competitive position, and can look forward to continued high demand from its primary markets, including oil and gas, commodities processing, chemicals, and petrochemicals. However, with shares now at 26X their 2008 EPS estimate, above their 3-year projected EPS growth rate of 20%, the firm views BOOM as fairly valued. They also see risk in BOOM's recent acquisition of DYNAenergetics. They are initiating an 2009 EPS estimate of $2.95 and raising their target price to $66 based on that estimate.
&
BOOM: Short Interest UP 4.5% to 1.9M in Mid Dec 2007
Wednesday, December 26, 2007 16:17ET
According to new short interest data from NASDAQ, short interest for Dynamic Materials Corporation (NasdaqNM: BOOM) INCREASED 4.5% to 1,938,483 shares as reported in mid-December, 2007.
Based on BOOM's 20-day average daily share volume of 366,855, it would require approximately 6 day(s) of buying to cover this short interest.
Watched this for a long time...it has fallen quit a ways from its highs.
52wk Range: 33.27 - 66.30
Volume: 308,534
Avg Vol (3m): 512,073
Market Cap: 546.67M
P/E (ttm): 21.52
EPS (ttm): 2.02
Div & Yield: 0.15 (0.40%)
Technicals
Close Above the 50-day MA
Last Price Quote is:
6.27%above 13-day MA
1.56%above 50-day MA
RS Rating: 9
Fundamentals
Key Data:
Market Cap (M): $546.71
P/E Ratio: 21.49
PEG Ratio: N/A
Next Earnings: 07/24/2008
Last Analyst Rating: Buy
Below are the 6 month, 1 year, 2 year and 3 year charts.......
BOOM...went boom again!!!
•Dynamic Materials upgraded by DA DavidsonBriefing.com(Tue, Dec 14)
UpGrade...
From: Neutral
To: Buy
technically overbought...expect a pullback to high 18s...buy the dip.
Day's Range: 20.00 - 22.50
52wk Range: 13.50 - 22.50
Volume: 754,370
Avg Vol (3m): 89,274
Market Cap: 295.72M
P/E (ttm): 58.49
EPS (ttm): 0.38
Div & Yield: 0.16 (0.90%)
Technicals
Record Price High
Record Price Break Out
Percentage Gainer
Last Price Quote is:
20.60%above 13-day EMA
34.35%above 50-day EMA
RS Rating: 74
Dynamic Materials Declares Quarterly Cash Dividend
Press Release Source: Dynamic Materials Corp. On Monday December 20, 2010, 8:00 am EST
BOULDER, CO--(Marketwire - 12/20/10) - Dynamic Materials Corporation (DMC) (NASDAQ:BOOM - News), the world's leading provider of explosion-welded clad metal plates, today announced that its board of directors has declared a regular quarterly cash dividend of $0.04 per share. The dividend is payable on January 14, 2011, to shareholders of record as of December 31, 2010.
About Dynamic Materials Corporation
Based in Boulder, Colorado, Dynamic Materials Corporation is a leading international metalworking company. Its products, which are typically used in industrial capital projects, include explosion-welded clad metal plates and other metal fabrications for use in a variety of industries, including oil and gas, petrochemicals, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration and similar industries. The Company operates three business segments: Explosive Metalworking, which uses proprietary explosive processes to fuse different metals and alloys; Oilfield Products, which manufactures, markets and sells oilfield perforating equipment and explosives; and AMK Welding, which utilizes various technologies to weld components for use in power-generation turbines, as well as commercial and military jet engines. For more information, visit the Company's websites at: http://www.dynamicmaterials.com and http://www.dynaenergetics.de.
Contact:
CONTACT:Pfeiffer High Investor Relations, Inc.Geoff High303-393-7044
Day's Range: 22.90 - 23.90
52wk Range: 13.69 - 24.80
Volume: 163,694
Avg Vol (3m): 100,112
Market Cap: 315.13M
P/E (ttm): 62.32
EPS (ttm): 0.38
Div & Yield: 0.16 (0.70%)
Technicals
Last Price Quote is:
14.77%above 13-day EMA
35.15%above 50-day EMA
RS Rating: 77