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Originally posted by New-born baby
But I can give you a hint. It's the IBD board.
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I could tell you, but then I'd have to kill you...
But I can give you a hint. It's the IBD board. -
Mr Market,
YOU are HUGE !!!
I got my 15 % and made my contribution to the hurricane relief fund.
Thanks,
NJDEVILComment
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yeouch
homebuilders taking a hit today. I'm glad we're at least out of the BMCH already. my FNM puts may end up saving me after all...Comment
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Jiesen,
This is the pullback I've been waiting for, but not expecting with BMHC. Wait until reality sets in . The weeks ahead will have federal and state officials wondering where they'll be able to get materials to rebuild regardless of price. Forget gas, how about 3.50 2 by 4's.
billyjoeComment
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Volatile
Homebuilders are always very volatile. Always.Originally posted by jiesenComment
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Not that I still own this, but if I did- I'd sure be happy with today's ER:
Did you notice that BMHC is trading up $7 in the pre-market this morning? Their earnings are HUGE!!!
BMHC Announces Third Quarter 2005 Financial Results
Tuesday October 25, 7:30 am ET
Company Reports Record Sales and Net Income
SAN FRANCISCO, Oct. 25 /PRNewswire-FirstCall/ -- Building Materials Holding Corporation (Nasdaq: BMHC - News), a leading provider of construction services and building materials to professional residential builders and contractors, today reported sales increased 39% to $820 million, compared to $591 million in the same quarter a year ago. For the nine months ended September 30, 2005, sales increased 35% to $2.1 billion compared to $1.6 billion in the same period of 2004. Net income was $41.6 million or $2.81 per share compared to $18.1 million or $1.29 per share in the same quarter a year ago. For the nine months ended September 30, 2005, net income was $96.0 million or $6.57 per share compared to $34.9 million or $2.53 per share in the same period of 2004.
"We are pleased to report that our excellent financial performance continued in the third quarter with record sales and net income," said Robert E. Mellor, Chairman, President and Chief Executive Officer. "Our financial results for the quarter were driven by solid performances at BMC West and BMC Construction. Strong demand in our markets, as well as a continued focus on expanding our construction services, enabled us to increase our top line by almost 40% and more than double our net income compared to the same quarter a year ago. We continue to expand and capitalize on our market position in the construction services industry, reflective of our long-term strategy to meet the service and supply needs of our nation's homebuilders."Comment
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Sounds like houses are still being built. I guess the homebuilders are next to wow the street?=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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Funny, I was looking to get back into homebuilders, so I picked up BZH and CTX, should have gone with BMHC...Originally posted by mrmarketBuy Low
Sell High
STAY FROSTY!Comment
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Whacked
Ugh! BMHC whacked in the premarket . . . bigtime. $7.60+Comment
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