BEL ==> The New Year's Winner

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  • jiesen
    Senior Member
    • Sep 2003
    • 5320

    #91
    damn, Lye, that was a good call!

    Comment

    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #92
      Maybe I drank too much beer at today's golf outing, but for the life of me I can't understand BEL's press release. Anyone want to translate?
      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

      Comment

      • Karel
        Administrator
        • Sep 2003
        • 2199

        #93
        Let me have a try at it:

        "In 2003, we not only cooked contaminated soil, but also our books, to make 2003 look even better than it should have done. As a result, 2004 looked even worse than it should have done. We have straightened things out. And Q4 from 2005 looked a bit worse than Q3, because we were saddled with an unfavorable contract. We have that one out of the way now. Expect things to pick up this quarter."

        That is not too bad, although I would have like a bit more positive news on the income side. We now have optimism for the rest of this year. But a turnaround job can't be a smooth ride either. I think most investors will be quite ready to wait for the Q1 reports now.

        Regards,

        Karel
        My Investopedia portfolio
        (You need to have a (free) Investopedia or Facebook login, sorry!)

        Comment

        • billyjoe
          Senior Member
          • Nov 2003
          • 9014

          #94
          Karel,
          That's a good report. If Lay and Skilling had you working for them they wouldn't be going to the big house.

          billyjoe

          Comment

          • mrmarket
            Administrator
            • Sep 2003
            • 5971

            #95
            Rutro

            Bennett Environmental Inc. Update
            Tuesday July 11, 5:05 pm ET


            OAKVILLE, ONTARIO--(MARKET WIRE)--Jul 11, 2006 -- Bennett Environmental Inc. (TSX:BEV.TO - News)(AMEX:BEL - News) announced today that its facility in St. Ambroise Quebec will be shutdown until it has adequate soils to process in a cost efficient manner. The shutdown is expected to last until September 1, 2006.
            =============================

            I am HUGE! Bring me your finest meats and cheeses.

            - $$$MR. MARKET$$$

            Comment

            • jiesen
              Senior Member
              • Sep 2003
              • 5320

              #96
              so long and thanks for all the fish

              At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.


              Bennett Environmental Inc. Accepts Resignation of President and CEO and Offers Thanks for a Job Well Done

              yeah, thanks for inking all of those sales contracts you promised us...

              Comment


              • #97
                Erin Brockovich deja vu?

                Articles in todays' New York Times and USA Today reveal "hundreds of waste sites are contaminated with trichloroethylene, and that many communities are exposed to the chemical, with associated health (cancer) risks." For more detail, click on the below:



                Major soil cleanups could be mandated.

                Comment

                • mrmarket
                  Administrator
                  • Sep 2003
                  • 5971

                  #98
                  just burn that dirt...BEL is worth holding and waiting for the day of reckoning..
                  =============================

                  I am HUGE! Bring me your finest meats and cheeses.

                  - $$$MR. MARKET$$$

                  Comment

                  • mystiky
                    Senior Member
                    • Dec 2004
                    • 333

                    #99
                    BEL - time to sell???

                    Ernie,

                    Congrads on 83 in a row, but I think BEL is done...for good...

                    ---------------------------------------
                    Friday October 6, 5:05 PM EDT

                    Bennett Environmental Inc. (CA:BEV) (BEL) announced today that it will re-open its soil facility, Recupere Sol Inc. ("RSI"), Saint Ambroise, Quebec, on October 16, 2006. The facility will process soils that it has accumulated and any soils that arrive while the facility is in operation and once those soils have been processed, the facility will take another shutdown, until such time as it has adequate inventoried soils to process with economies of scale.

                    Further, due to weaker than anticipated market conditions, the Company no longer anticipates that it will process the quantities of soil as described in its press release of August 4, 2006. The nature of the hazardous soil remediation business is such that deliveries are highly variable and subject to numerous factors outside of the Company's direct influence. In light of this unpredictable nature of the industry and in accordance with the practice of many public companies in Canada, the Company announced today that, effective immediately, it will no longer issue financial or other guidance in advance of the release of its quarterly or annual financial results to shareholders. The Company will, however, inform shareholders from time to time of material developments. The Company also withdraws all financial or other guidance relating to the 2006 fiscal year or any interim period therein, provided by the Company in previously issued press releases, conference calls or other means of guidance and investors are advised not to rely on any such financial or other guidance.
                    ---------------

                    Comment

                    • Karel
                      Administrator
                      • Sep 2003
                      • 2199

                      BEL now BEVFF

                      After its delisting on the AMEX, BEL now lingers on the US market as a pink sheet: BEVFF. The Toronto quotes might be more enlightening:

                      (interestingly, this site has a conversion option, so I asked for the quote in USD!)

                      Regards,

                      Karel
                      My Investopedia portfolio
                      (You need to have a (free) Investopedia or Facebook login, sorry!)

                      Comment

                      • jiesen
                        Senior Member
                        • Sep 2003
                        • 5320

                        BEVFF is up over 50% today... (a whole lot of good that does me.) I wonder what's going on.

                        Comment

                        • IIC
                          Senior Member
                          • Nov 2003
                          • 14938

                          Originally posted by jiesen View Post
                          BEVFF is up over 50% today... (a whole lot of good that does me.) I wonder what's going on.
                          Speaking of BEL...I still have our original pix of the year in the Contest from a couple of years ago in a Stockcharts folder...Maybe one day I'll post the current prices
                          "Trade What Is Happening...Not What You Think Is Gonna Happen"

                          Find Tomorrow's Winners At SharpTraders.com

                          Follow Me On Twitter

                          Comment

                          • mrmarket
                            Administrator
                            • Sep 2003
                            • 5971

                            Does this company still exist? I always liked their product idea...but they were the poster boy for mismanagement. What a train wreck.
                            =============================

                            I am HUGE! Bring me your finest meats and cheeses.

                            - $$$MR. MARKET$$$

                            Comment

                            • jiesen
                              Senior Member
                              • Sep 2003
                              • 5320

                              Sold BEL for a bit of a loss today.

                              Just sold my BEL (now BEVFF.PK) for $1.1/shr. It was up 40%+ today, and I couldn't pass that up, especially after seeing it trade for 0.07 earlier this year. Cutting my loss at 95% is certainly better than still being down 99%...

                              Good riddance to ya, Bennett!

                              Comment

                              • billyjoe
                                Senior Member
                                • Nov 2003
                                • 9014

                                I forgot about those guys. Did they ever clean up that pile of crap in Canada that was goin to make them billions? Or are they still delayed by paperwork.

                                ------------billy

                                Comment

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