Get A "Lift" with BOOM, BOOM, BOOM (BOL)

[robbo]

Boom Logistics (BOL)

Improving Profit Forecasts by Boom Logistics...

Company have just released some Big Boom ing News...

With Profit to come in, EVEN above what was I thought an Optimisitic Broker released Consensus !!

....--- ASX NEWS RELEASE for: Boom Logistics (BOL)

Sydney - Monday - June 27:

(RWE Australian Business News) - BOOM
Logistics Ltd (ASX code: BOL) today announced it expected to achieve a
net profit of around $15.3 million, equivalent to $15.7 million before
goodwill amortisation, for the year to June 30.


This forecast represents.... a 62 per cent improvement.... in net profit from the previous year, which had included only nine months revenue from five acquisitions that were an integral part of the October 2003 float.
Earnings per share is forecast to rise by 21 per cent for the
2005 year.

*****

BOOM has signed an option agreement to acquire Sherrin Hire for $60 million plus assumed net debt of $70 million.
It intends to exercise that option on July 4 with settlement to occur in early August following an extraordinary general meeting.
The enterprise value of $130 million represents an EBITDA
multiple of 4.9 times Sherrin's forecast pro forma EBITDA of $26.8
million for the 12 months to June 30.
The acquisition is expected to generate at least 12 per cent EPS growth in the year ahead.
Sherrin is focused on the provision of large-scale travel
towers, where it is the clear market leader with more than 80 per cent
market share.

*****

The acquisition of Sherrin is to be funded from an underwritten
institutional placement, comprising a $35 million firm placement and a
$32 million placement conditional on shareholder approval.

Joint lead managers to the placement will be ABN AMRO Rothschild and Wilson HTM.
Subject to approval of the placement, BOOM shareholders will
have the opportunity to acquire up to $5000 of new shares under a share purchase plan at the institutional placement price.
Record date for the SPP is June 30.

*****

BOOM chief executive Mr Rod Harmon said the outlook for Boom and Sherrin over the next 12 months remained positive across all key
sectors, underpinned by strong demand from resources and infrastructuredevelopment.

"In addition, Boom will be actively targeting cross-selling
opportunities between the respective customer bases of Boom and Sherrin, and this has significant potential to generate further growth," he said.

The announcement was made after the close of trading.
Shares in BOOM Logistics rose 3c to $2.25 today.
ENDZ

We here at The PUB often have a need to lift Heavy Crates of ICE Cold Crownies......[]

...And, so on that thinking,....yep,.... we do OWN BOOM (BOL) shares !!

Kind regards

Robbo

[robbo]

Boom Boom Boom (ASX:Bol)

Snap[ped into Pre Open This Morn, pending another Announcement.

There were five announcments for Boom Last night..

Something is Booming along perhaps....[?][?]

Kind Regards,


Robbo

[robbo]

Boom Logistics.(BOL)

Hi Guys,

I would REALLY...IMO... have a good think about getting on board this share...

I personally reckon Boom is a Big Buy with a capital "B"....IMO....

Why ?

(1) It will probably now qualify for the top ASX 100 now after the Super Successful Hot Demand Insto Placement of $87 million to fund the acquisitions...

(2) Yesterday Boom LogiticsBOL raised $67 million from an insto placement at NO Discount @ $2.20 in 24 hours flat....and was heavilly oversubscrived...

(3) Look at this compared to Coates(COA) at a similar stage in its development back in year: 2001/2002...and do the comparo yourselves...

(4) Profit Guidance was Upgraded from prospectus only 4 days week ago, and I reckon they might even exceed that again...on my own number crunching & calcs...

(5) Nicely leveraged to Mining, Oil & Gas, and and Infrastructure Industries/Sectors:.... which are among the hottest and strongrest Growth sectors; presumably for at least the medium term

Kind Regards,

Robbo

Disclaimer:

The above is not advice,not warranted for accuracy, and ONLY just my pown thoughts and personal views, so do please do your own research....and seek independent counsel before making any investment decision .....etc etc....

Regards,

Robbo

[mark100]

Huntleys have an accumulate recommendation on them up to 2.90.
I hold a few.

mark

[robbo]

quote:Originally posted by mark100

Huntleys have an accumulate recommendation on them up to 2.90.
I hold a few.

mark

Hi Mark100, (by the way, ....what does the 100 signify--(ASX 100 specialist perhaps... ??!)

Not that I ever personally look at external anlaysts to assess shares; but since you raise Huntleys reco. what date WAS that reco for BOL actually made on??

Much appreciate youur feedback Mark100, and many thanks in advance...

Kind Regards,

Robbo

[mark100]

davidrob,
I don't put much faith in analysts but I'm always interested to read what they say about stocks I hold/follow. They made that recommendation this week after the news on the acquisition and capital raising.

My name is mark and on another site mark was taken so I put the 100 on the end and now thats my name on all websites except hotcopper. Nothing to do with ASX100!

cheers
mark

[robbo]

Thanks Mark,

F'nuff re, explanation vis a vis Huntleys and their thoughts on Boom, Boom BOL....

So again Mark, Many thanks for taking the time Mark with that Huntley's snipetts//feedback...quite interesting....

By the way Mark ...I have held BOL for just over 12 months...

Mark, I take it you too are a holder ?? .....[?]

My thoughts are a bit more Bullish than Huntleys for BOL over the long term for BOL-- I do see them (BOL) ---potentially--- as a bit of another ## Coates Hire (COA)--.......

-- although I will be very interested to NOW see Boom's up coming annual Financial Year Report, and what Market Cap (BOL) end up coming in at......(.....and indeed, which S& P indices they(BOL) then fall into !!!.....) .....when the dust is all settled after the Boom (BOL) upcoming EGM-- in early August to ratify their Further Cap Raise as foresahdowed for all of the the Crane biznesses acquisitions....

--as well as for BOL to advise; when all existing Boom (BOL) shareholders can have their agreed upon & announced discounted $5000 worth of $2.20 (BOL) Shares which is now looking well like a free gift of around $$1500-$1900 ++---in Novemeber !!??.... )...... at least for those who were already in the Boom Boom...[][][8D]

--So for me.....BOL ....IMO...only.... Predicition is that My next 14 month Target for Boom is: ## $4.70 to $5.50 plus ..... from around this time--1/7/05....and will now almost certainly ADD to my own holdiongs of BOL (BOOM) on any weakness thru the next period of 14 months (....I say 14 months deleiberately; as this allows us to see another 3 Stated Reporting periods for Boom from todays date !!...)

Do note also; that Boom(BOL) has nearly done 100% in Share price appreciation since only a short; and mere 12 months ago !!

Always a pleasure; and also Good talking to you about Boom Logisistics (BOL) Mark !

Kindest Regards,

Robbo

[mark100]

davidrob,
I bought only small quantity in Jan so I have been down on my intial purchase most of the time until a few weeks ago. I have purchased a few more today however.

$4.70 would be nice but I'll be happy with $3!

mark

[robbo]

Boom Boom Boom Logistics.... (BOL)

Up 22 % since the last post....and still travelling nicely toward the $3.00 mark


Would say, that Boom is Looking good a Boom heads into the ASX 200---

with the Boom earnings and profits Results predicitons, ahead of forecasts and expectations....

And with massive growth in Dividends and Profits...

Boom sems to be attracting a lot of Insto support with daily turnover now about $1.8 millions-plus -- t/over in shares volumes per trading day....

And the leverage to the Petroleum, Oil and Gas, Civil Construction, Mining, and Roads, Ports and Train Tunnell Infrastructure....and now almost enjoying a MONOPOLY in the "big end of Industry" in the Aussie Crane Hire Logistics Bizness.

Yep, as a long term Acculmulate; personally I do like Boom (BOL) very much indeed.

Kind Regards,

Robbo[]

[robbo]

Boom Boom (BOL)

Broke thru all time high of $2.82 today... with Increased v Strong Volume...

Should bash, ( or should that be, BOOM ) --- thru $3.00 within the next short period, one feels....

Kind Regards,

Robbo