It appears that profits rose 15 percent over last quarter in their automotive parts EFS investment/ownership. I know why alot of people are on here because of the Rail plans. But it does amaze me that in the european markets, some one was able to increase profits by 15 percent in the current state of the automotive industry; albeit improving state. They changed production capabilities, and streamlined other processes. It's not to say we will be making rails next quarter, but if they plan to use that style of innovation in Gladstone, as they do in a pretty foul market elsewhere, they might possibly be making more profits then what is proposed at this stage, down the road.
BGD Price at posting:
19.5¢ Sentiment: LT Buy Disclosure: Held
