Comments on the earnings report. Looks like no surprises. At 0.36/sh, it slightly beats 'consensus' of 0.35, but is right in line with range of 0.35-0.37. Gross margins very slightly up, but net margins slightly down from last year (still better than 10%, though) and Eaglemark + Buell revenues way up.
I won't speculate on what'll mean to tommorrow's share price, but for me ("holding at least till the 100th") it is exactly the steady up-hill climb I like to see. Justifying the recent run-up, even if it doesn't cause any wild jumps. Steady is fine !
And all those "financial reporters" are still falling over themselves to get some more T-shirts and caps. Cool.
NO. This company is one of those companies with quality almost conservative management that has two things in mind. 1. Quality product. 2. Revenue growth without the cost to quality and debt. Its kind of like a Harley bike. Its not as fast as the rice burners, but will get there. And once yuo get there the value of the bike will be worth at least what you paid for it and maybe a tad more.
What's most impressive about the eanings is that HDI has been able to meet expectations while building a new plant and a new motor. How many times have you heard a company say they would have reached target except for high start up costs for new facilities. Hats off to HDI management.