Well I logged back in after my hissy fit so if i'm moderated i won't be surprised but the break was good. Again my 2 cents on bis. ih 22 div 4.5 cents interim div ,i expect bis will maintain fy22 9 cent div. reason,bis announced substantial order received ,i believe that was related to the boxer production which imo impacted 1h 22 ep and announced by bis as a substantial order.. 2h 22 i expect to track as per guidance. So thenit will depend on fy23 guidance may include some phase 3 armor plate. Obviously the phase 3 contract is approx 2 to 3 times the size of phase 2. If rheinmetal win contract they have the lynx production line ready to go so i can't see wny rheinmetall would not place order for steel/armor plate fy23 they already produce the turrets. Just add z grade doesn't concern me,if rheinmketall is awarded phase 3 contract germany will provide z grade certificate.
ps looking further out,the submarine contract still has a strong pulse imo maybe steel late 2024 to 2025 and as pposted just one sub would send bis sp thru the roof. And because its off the shelf (aas long as we don't try and change it to much) i believe they will start with 2 initial sub production. so imo bis is not a one trick pony,the potential armor plate and pressure plate orders are massive.
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BIS Price at posting:
$1.44 Sentiment: Buy Disclosure: Held
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