Excellent 4th Quarter Report - Future looks very bright! Hi everyone,
Great news!
BLM just reported an excellent 4th Quarter Report.
They got sales, profits and margins back on track.
Their backlog is at record level amounts.
BLM has expanded it number of client and project annual capacities.
They are expanding the opportunities for their patented Water Products to a world wide scope.
Successfully spread out all their contracts and business without any one customer accounting for over 10%.
Are currently hiring more employees and expanding their recently added manufacturing capacities.
Again mentioned acquisitions possible in the technology and consulting space.
They remain in good shape financially to accomplish what they outline.
BLM also recently had an employee conference outlying their expected future growth and how to obtain and handle those results.
A great turnaround by Scott and his team. Great job! Continue on with the great work please.
A nice report to present for Dan's first as the new CFO.
I see BLM stock headed back to the base it was building at $0.42 previously (before these recent problems that have been solved), then slowly and steadily moving higher throughout 2024, IF they continue to execute like they have recently. I believe strongly they CAN. I rate BLM stock as a strong BUY.
This information is gathered by me at the best of my abilities and remains my opinion only. I continue to hold a large position in BLM and may add further at these great prices. Good luck to current and future BLM shareholders.
Angles