RE:WoW!Yes, these results were way beyond what was expected. Management deserves some serious recongnition for this being the result of a 5-6 year turnaround plan. The diversification, organic growth, and inorganic growth through smart acquisitions has been a really good story. Not to mention the development of what is essentially BDI's own startup in LodgeLink which has gained truly significant traction.
I suspect we may see some articles written in the near future about this turnaroud success story. The best part is that I don't think we will see any significant dips in future performance, due to the truly diversified offerings of BDI.
Good times ahead! Some serious share price target upgrades should be on their way shortly. The most recent price targets on BMO Investorline show the following:
$5.50 BMO (June 10th)
$6.25 Raymond James (May 7th)
$5.00 Cormark (Mar 9th)
These recent results should bump all of those up to between $6-$8 I would imagine.