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BOOM - Sector: Basic Materials---Industry: Industrial Metals & Minerals

Started by fill_the_gap., June 15, 2005, 03:44:58 PM

Previous topic - Next topic

fill_the_gap.

Strong Close.

Buying...

fill_the_gap.

See new High of Year Coming.

Nice move today for next leg up.

fill_the_gap.

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.

fill_the_gap

Just one opinion, do the research

fill_the_gap

Great return on BOOM so far.   ;D

High of Year as predicted.
Just one opinion, do the research

3puttssuck

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.

fill_the_gap

Nice Move !

Take a look this morning.
Just one opinion, do the research

setravis


STOCK SPLIT ANNOUNCEMENT:

Dynamic Materials Corporation (Ticker: BOOM)
announced that its board of directors
approved a 2 for 1 stock split.

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

Terliso

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.

Terliso

#9
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.


Terliso

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

Terliso


Lucas Scott

Sold BOOM short today for the technical reasons displayed on this chart...
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Terliso

Big movers this morning ;) :D

UPDATE - TABLE-Dynamic Materials Q4 net income rises
InPlay: Dynamic Materials beats by 4 cents

Terliso

#14
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