I think we are about ready for a strong technical bounce.
Tom,Thank you for the recap on Brookwood's textile gains/margins in the past several years. I wonder whether Washington's plans for a "leaner meaner" military will be a factor in the close future for Brookwood.I also wonder how many shares the solitary shareholder held.With gratitude,Joe
joeevani,This is the limit of my knowledge about Brookwood Group textile business: 2004 2003 2002 GainSales $136 M 104 M 84 M 31 M/19 MCost $102 M. 83 M. 71 M. Profit 26.4 % 20.5 % 15.7 %Adm/Sales $15 M. 14.7 M. 11.2 M.As you can see, sales and profit margins increased substancialy in 2004. The 1st quarter 2005 had a nice bump up inrevenues but profit margins declined due toincreased royalty expenses in sales ofmilitary products.By the way, I asked Mary at IR who the customer was but she was not allowed to sayanything more than what's in the annual report.She also said there was only one shareholder atthe Annual Meeting!Regards,Tom
I couldn't resist. I bought another 100 at $118, but I really wish I'd sold back at $159 and then bought all my shares back at this price.c'est la viewoulda, coulda, shoulda-David
David,You bought that hundred shares at a very good price!I picked up some at these prices too.Sure hope the drop in share price for only6000 shares total sold today holds and HWGheads back up.Could it be that HWG is thinly traded thatpushes the price down coupled with the 10Q?Regards,Tom