Where do you get such a fantastic price prediction of $40? The conference call was just ho-hum and this company has challenges even meeting analysts expectations. What kind of EPS are you expecting in 2018 that would justify $40 share price?
I predict we trade in the $8-10 range until the next earnings report.
From my research back in 2010, MARX is part of the name referring to a beneficiary trust hedge fund account that oversees millions of dollars in numerous stocks. They have been somewhat of a major holder since BWEN IPO - ed. From what I see, they have been scheduled to sell over many years. This is nothing new. They sold low, I mean very low; and they sold high. In fact they are selling very low right now, because since the reverse split of 10 shares to 1 share about a 1 1/2 years ago, the price MARX is getting is $1.00 per share of pre-split stock (when it is selling this month for $10 dollars per share). I am very surprised they are selling, since they have a good view of the fundamentals, being an inside owner. They must have made a decision years ago to dump BWEN. Let them do it. It keeps the price low for everyone else in the near term. I wish the 'WINERS" would just stop their complaining, because they are clueless!
Be patient over the next few years and you will be surprised by the strength that BWEN will show.
Just a note: I started accumulating BWEN when it was $4.00 / share ($40.00 at todays 10:1 split) I have been adding steadily since then over 4 years and have about an average price of $1.00 / share ($10 today). I fully expect the current price to exceed $40 per share over the next few years. I do not think it will go past $100 per share as the company is structured today, but on Wall Street anything can happen. Any company that hits a home-run in less that 5 years as BWEN will, should have solid long term share holders. My advice is by some now, and if it falls again to $6 per share, consider it a gift and load up the boat!...the company officers just bought a boat-load of shares last December at that quick stock price collapse. That should be the most important indicator besides income, cash flow, and balance sheet.
Sentiment: Strong Buy
That is my hope; the lower we go the better so I can buy MORE!
hd, this is an Industrial company, not a tinselly tech stock. Their margins are small, but their business consists of building large things; even in gearing.
So if you want a real producing company, not a gadget business, sit tight. BWEN growth is steady and sure and it will be rewarded! 2018 should find a PPS over $40 and rising.
Sentiment: Strong Buy
After all the hype and waiting for today.
Makes me uncomfortable when I think of $800 K Bwen accountants found. For a Corp.that is running skinny and tight how could they not know. Shakes the credibility of all numbers.
no sure to recommend until a satisfactory answer come forth
You are watching every day stock movement. BWEN will go higher but no body knows when ? It many go down back to 8 or 7 . You will damage your health owing BWEN. MARX is pose for BWEN. He will not allow stock to go up even though they get new order. They have already back log means nothing.
I think the key part of the conference call was that the CEO said that Gearing capacity is $100 million, which means that this business could double or more in the next few years. Plus, the services business is now improving dramatically. As gearing and services were the weak parts of the business in the last year or so, any improvements in those businesses will dramatically improve the company's cash flow. So all in all, I see continued growth and profitability with BWEN in the next few years. It seems as if the stock price assigns zero value to the Gearing and Services businesses, even if I think Gearing alone is probably worth $5 per share for BWEN in the event of a sale.
Overall, I see BWEN going to $15 - $16 by the end of this year, for a 50% gain or so. Not as dramatic gain as last year, but still respectable given the markets overall returns.
I guess the Buy-Attendant got the line "cash positive"........ then "Mcap Lower than Backlog orders"......
What a bunch of sleepers.....
Because the market is looking in another direction....
Alt energies are now playing with fuelcells stocks..... (I'm long on FCEL BLDP HYGS, they all jumped of a 100%/300% in 3 weeks!!!).
Soon, some interest will move here.
When you see a stock -10% with 40k shares, I said enough... no volumes yet.
What do you like ?? Big loss. Market is telling you ,nothing is good. You will get chance to buy below 9 for sure.