Sharing Knowledge in Smallcaps

[timhyma]

BEL (BEV on TSE)
http://www.bennettenv.com/

This company has traded on the AMEX since Aug 01, so a lot of the sites I use does not show much info. I like the chart, and rumor is next quarter will rock (tune of 13mil). One of the BTS members is checking on the Kirkland site, where they are planning to build a plant. Could be a quick gainer, as there is not much volume. Comments welcome- Tim


Bennett Environmental Inc. and its subsidiaries are engaged in the business of remediating contaminated soil. The Company owns and operates a soil remediation facility in St. Ambroise, Quebec, Canada for the treatment of contaminated soils. The Company also designs, manufactures and markets thermal-oxidizing equipment and other pollution-control equipment for the remediation of contaminated soils and the incineration of waste materials. The Company carries on business through its operating subsidiaries: Bennett RemTech Ltd. (BRT), Bennett Remediation Services Ltd. (BRS) and Récupère Sol Inc. (RSI). BRT designs, engineers and supervises the fabrication and installation of thermal treatment equipment and associated air-pollution-control equipment. BRS was formed for the purpose of establishing, either alone or through its subsidiaries or with partners, remediation facilities utilizing equipment manufactured by BRT. RSI operates the Company's thermal treatment facility in St. Ambroise.

For the nine months ended 9/30/01, revenues totaled C$13.3 million, up from C$5.8 million. Net income totaled C$1.8 million vs. a loss of C$1.2 million. Results reflect increased focus on generating sales and several major contracts awarded to the Company.

Recent Price $5.90
Book Value (mrq) $1.04
Total Cash (mrq) $789.0K
Shares Outstanding 10.1M Float 9.50M
Insider and 5%+ Owners: 6%
Net Inst. Buying: 510.0K shares
8 institutions
Profit Margin (ttm) 4.7% Operating Margin (ttm) 8.1%

stockscouter gives an 8 out of a possible 10
Bennett Environmental Inc, a micro-cap growth company in the public utilities sector, is expected to significantly outperform the market over the next six months with average risk.
Previous day's closing price for BEL was significantly above its 50-day moving average. Very positive
Shares are under heavy accumulation by financial institutions. Positive for a small company like BEL
The price-to-sales multiple is significantly higher than the average for all stocks in the StockScouter universe. Negative for a small company like BEL

Results for BEL Very Mild Outperform, short term (1-6 wks)
TARGET 1 Price: 8.25 Profit: 39.8%
TARGET 1 POTENTIAL Excellent
Stop Limit/Trailing Stop Limit: 5.44
TARGET 2 Price: 8.98
Watch for POSSIBLE breakout above 6.55

Support Price (5day): $5.900 Support Price (20day): $5.800 Support Price (50day): $3.390 Support Price (100day): $3.000

Resistance Price (5day): $6.000 Resistance Price (20day): $6.560 Resistance Price (50day): $6.560 Resistance Price (100day): $6.560

Downside trading:
TARGET 1 Price: 3.2 Profit: 45.8%
POTENTIAL Good
Cover Limit/Trailing Cover Limit: 6.43
TARGET 2 Price: 2.7
Watch for POSSIBLE breakdown below 5.62