RE:RE:RE:An A++ report card... Yes, I might be getting a little excited about the share price pop tomorrow :) However, if you look at the BDI share price swings over the years, a rise of over $1.00 tomorrow is totally feasible.
If you look at the valuation of BDI that Stonegate Capital performed back in September (link below), they gave BDI a valuation range of $3.25-$5.25 per share. That was based on the quarter ended June 30th 2021. These Q3 2021 earnings blow Q2 2021 earnings out of the water and are a huge improvement form the prior quarter and even more so for the same quarter last year, so I would think the valuation would improve significantly with these earnings figures and also with the added divvy. The % increases in almost all measurables from the prior quarter are signiifcant so I could easily see this valuation range increasing by 30-50% based on the % increases in Revenues, Profit, EBIDTA, EPS, Cash etc. Conservatively a 30% increase in the valuation range would put us at a range of $4.22-$6.82 per share. I don't think that is out of the realm of possibility when comparing the quarter over quarter improvements. The financials alone should attract more investment in BDI, but the addition of BDI will put it on the radar of many more investors and institutional investors. It also shows that management believes the current cash flows are sustainable.
You can compare them side by side here:
Q3 '21: https://stockhouse.com/news/press-releases/2021/11/02/black-diamond-reports-third-quarter-2021-results
Q2 '21: https://stockhouse.com/news/press-releases/2021/08/04/black-diamond-reports-second-quarter-2021-results
Stonegate Report from Sept 2021: https://stonegateinc.com/reports/BDI.TO%20Q221.pdf