27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
WINNIPEG, MB , Aug. 12, 2022 /CNW/ - (TSX:BUI)
Sales
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Revenue for the quarter was $57.8, down $21.4 from the comparable quarter in the prior year. Revenue for the first six months of 2022 was $113.0 million, down $30.7 compared to the six months ending June 30, 2021. The Company's decrease in sales levels is the result of supply chain issues experienced during the quarter and not a result from the lack of demand as it remains very high.
2nd quarter ending | 6 months ending | |||||||
June 30, 2022 | Year Ago | June 30, 2022 | Year Ago | |||||
Revenue (millions) | $57.8 | $79.2 | Revenues (millions) | $113.0 | $143.7 | |||
Net income (millions) | $1.1 | $3.8 | Net income (millions) | $1.4 | $4.2 | |||
Net income/share | $0.04 | $0.15 | Net income/share | $0.06 | $0.17 | |||
Shares issued (millions) | 25.0 | 25.0 | Shares Issued (millions) | 25.0 | 25.0 |
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Net income for the second quarter was $1.1, compared to net income of $3.8 for the same period in 2021. For the six months ending June 30, 2022, the net income was $1.4, compared to the net income of $4.2 for the similar period in 2021.
Sales are expected to grow as the Company resolves supply chain issues, which will also reduce Inventory. The sales backlog remains very high. In the past year, the Company restructured its manufacturing capacity and made changes to reduce the overall cost of operations. The restructuring coupled with improved shipments will increase the profitability of the Company.
Complete financial statement: https://www.buhlerindustries.com/pages/investors.php
Trading symbol: BUI
SOURCE Buhler Industries Inc.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.