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Old 12-27-2006, 03:36 PM
Gunnski Gunnski is online now
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Join Date: Oct 2006
Posts: 972
Armor Holdings (AH)

I found a nice business & have been tracking it. I bought a small piece today.

AH (Armor Holding, Inc.). I was waiting for MACD to go green for a 3rd Green. I pulled the trigger when I learned they just inked a 19.2 million dollar contract. They are the sole provider for blast-surpressers for Humvees. Plus body armor. If it helps our soldiers I am all for it! If the war keeps going the way it is, our military will continue to need more supplies. Pres. Bush's upcoming statement (re: war & adding more troops) will be informative for these types of businesses.

There have been rumblings of a buy out by Lockheed Martin, in Oct-Nov.

I have MOS at $57.70 (spreadsheet) & $65.53 (by hand with Phil's Calculator). I got in at $54.60. It looks good on all R-1 fronts. I hope it goes up with a Bang!
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