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Briggs & Stratton Corporation Message Board

  • hitthemark hitthemark Sep 9, 2008 2:17 PM Flag

    BGG... whats keeping it going?

    This company has been inching higher & higher despite the market.

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    • Just short covering from hedge funds. This co. is burning cash. Good shorting opportunity. Stock is worth $10 at best.

      • 1 Reply to shortofaname_99
      • You are wet behind the ears fella!
        Ever hear the one about the old bull and the young bull?

        BGG has some issues on FCF, but it has a sweet spot fundamentally now for a year - all thank's to tropical weather. Shorts will actually cover - AND EASILY DRIVE THIS STOCK TO $25 BY MONTH END. With oncoming orders to rebuild inventory for 2009 sales, do not be surprised if this company goes to $40 in a year, and FCF improves markedly. They are spending money to be competitive with Asian slave labor. I excuse that as a business necessity. They remain shareholder friendly with a nice payout - now resecured for a year.

        You go ahead and short. This old dog has no trouble taking money from cocky kids.

    • The geographic area impacted by IKE was the greatest probably ever in the "age of portable generators" which sold out and now suppliers need to be replenished. Its a windfall for BGG.
      Mojobeta.

    • After hurricanes wiped out power along a broad swath of the country, three Wisconsin companies are getting a windfall of business as they send
      tens of thousands of portable generators
      to Texas, Louisiana and other states that have lost electricity after Hurricanes Gustav and Ike.
      Briggs & Stratton, Generac (Generac is a subsidiary of Briggs & Stratton) and Kohler, are sending a steady flow of portable generators to the Gulf Coast & the Midwest.

      Briggs & Stratton Corp. has stepped up production at its plant in Jefferson, with
      Shifts Working Around the Clock.
      Briggs also has asked its' parts suppliers to increase production to meet the need for Thousands of Generators.

      “We are in Maximum Output Right Now,”
      said Todd Teske, Briggs’ president and chief operating officer.

      http://www.jsonline.com/story/index.aspx?id=794888

    • briggs builds generaters, both portable and standbys!! when there is hurricanes or other weather events that cause power outages there sales go through the roof! every generater and presure washer has a briggs engine! hurricanes are the big money saviors this time! i have heard that people have been swarming to home depot all over texas and louisiana to buy every generater they can get!!!

    • Looks like B&S is going to sell quite a few generators this year. Extended power outages over large areas of the southeast US are creating a huge demand for portable generators. More Hurricanes lining up in the forecast could push the demand even higher. No other supplier is as well positioned as B&S to meet such an unusually large demand.

      I guess one might call it a windfall ?

 
BGG
18.69-0.05(-0.27%)3:02 PMEDT

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