Posted: Thursday Jul 31 7:47:33AM 2003
The recent volume spike was caused by a large cross of 400,000 shares that was arranged with some brokers. The volume spike last week was a major institution acquiring a block of 1 million shares. Both of these crosses have introduced new large investors to Bevo Agro. The company continues to be very active even though this is typically their downtime for cleaning and maintenance. EPS for the year ended June 30, 2003 is expected to be about $0.09. If you remember, the forecast for the last fiscal year was originally $0.05 but the company beat expectations in each quarter. BASED ON EXISTING ORDERS, I expect that company to better the last fiscal year. It is still a little preliminary to forecast out an accurate earnings model for the entire year.
Posted: Tuesday Jul 29 7:36:12PM 2003
Dorin, Large BVO volume again today. What`s up. Where do you see their EPS next year or two...