Replies to post #98724 on Savvy Trades and Investments

[hweb2]

Thanks on HDSN. I had skimmed through that presentation but thought those were the same numbers they'd previously put out there. Seems pretty conservative, which is fine with me. I mean who saw that blockbuster Q1 coming?

I'll continue to accumulate ahead of the Q2 report in early August. HDSN will be a cash cow for years to come if they come close to their estimates. Which is more than I can say for a lot of companies in this slowing economy. With most of the country in a heat wave this summer...I'm guessing that will also be good for HDSN.

[larrybaz]

HDSN - Looking back, those operating projections were actually in their 2022 Q1 report issued on May 4, and out previous to that apparently. From the Q1 report:

"We previously communicated longer term targets for 2023 through 2024 with annualized revenue and operating income of $350 million and $72 million, respectively. With our visibility today, assuming the first quarter pricing trend continues, we believe we are on a path to reach those longer term targets at a faster rate than originally expected, as we begin to experience the initial impact of the AIM Act and its regulations."

So, I have no idea why it is headed down beyond the weak market.