Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.


Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?


Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Magellan Aerospace Corp. T.MAL

Alternate Symbol(s):  MALJF

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

The Market Herald Price Sensitive
{{currentVideo.title}} {{currentVideo.relativeTime}}
{{story.companySymbol}} {{story.headline}}
< Previous bulletin
Next bulletin >
View modes: 

Been shorting this one

since mid $8s.  Stop limit order in place as usual.  Sorry longs!  rate and reply

RE:RE: Purchase for cancellation

That is true but they did buy back some in May.  Not alot but adds up to 24,400 Insider name: Magellan Aerospace Corporation   Insider' more

RE: Purchase for cancellation

This is generally a formality put in place so as to be able to respond to unforseen circumstances. There is no oblication for MAL to actually act on the buy back.  rate and reply

I think I figured out why the share price dropped recently..

Magellan recently cut their dividend, and I think it takes effect end of June. Bottom line, I think this is oversold, and has plenty of room to come back.  Companies cut dividends more

Purchase for cancellation

Up to 5% for the next 12 months. Good news for us. It means that the company figure that the stock price is to low.   rate and reply

New Press Release - Magellan Aerospace Announces Renewal of Normal Course Issuer Bid

Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid (“NCIB”) through facilities of the Toronto Stock Exchange (the “TSX”) or other alternative article.

RE:RE:Sign Manufacturing Contract

I suspect that it is not particularily significant from a revenue perspective. Howerer, there is some s aggressive selling taking place.  rate and reply

RE:Sign Manufacturing Contract

Is it something big ?   rate and reply

Sign Manufacturing Contract

May 17, 2022 05:00 PM Eastern Daylight Time TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) and RocketFrac Services Ltd. (”RocketFrac”) announced today, a contract for more

Magellan is suffering

Magellan is suffering right now. Do you believe in a short-term recovery? Why?  rate and reply

RE:RE:Magellan Aerospace Announces Quarterly Dividend

Dividend has been cut... they are struggling... hope they recover soon and don't need cut again...  rate and reply

RE:Magellan Aerospace Announces Quarterly Dividend  rate and reply

Magellan Aerospace Announces Quarterly Dividend

May 06, 2022 07:00 PM Eastern Daylight Time TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of more

Magellan Aerospace Corporation Announces Financial Results

May 06, 2022 07:00 PM Eastern Daylight Time TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter more

Stock price

Magellan broke its resistance line at $9.50. How far will we go? If the dividend is cut, the stock price will fall further.  rate and reply


Did anyone attend and if so, any input would be appreciated.  rate and reply

Magellan Aerospace Signs Long Term Agreement

April 26, 2022 07:00 AM Eastern Daylight Time TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it has signed a long-term agreement with General more


The declining EBITDA, gross margins and cash balances are a concern. While the balance sheet is in excellent shape and current ratio is high, I wonder if the dividend will be cut at some point more

Earnings out!MAL-3224617/C/MAL It's late, nothing was mentionned about that.   rate and reply


Just browsed through the earnings release, doesn't seem to have hit expectations, but doesn't look terrible either. Expectation would be that it falls a little maybe, I guess... You more
The Power Play by The Market Herald
< Previous Video {{moreVideoText}} Next Video >