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.

or

Sign In

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

or

Please Try Again {{ error }}

Send my password

SUCCESS
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

Magellan Aerospace Corp T.MAL

Alternate Symbol(s):  MALJF

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Company’s products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.


TSX:MAL - Post by User

Comment by faraway1on Apr 22, 2024 2:22pm
56 Views
Post# 36001765

RE:RE:RE:RE:RE:Outlook

RE:RE:RE:RE:RE:OutlookI don't see any signs that the stock price is being curtailed. Rather, this is a typical "value trap" where the outlook appears strong and the balance sheet is solid. BUT:

 -the Board and Management do little to keep investors engaged;

 -the company is unlikely to require funding and hence, analyst coverage is limited;

 -the float is small so there is almost no liqiidity;

 -with the exception of Edwards and Moeller, the board and management own very few shares, In fact, the CEO owns only 1900 shares!

 -the company is so diversified that it would appear unlikely that any single acquirer would be interested in making a bid; and

 -we continue to hear of "supply chain issues" when most other companies have progessed through those problems.

I suggest that the one hope here is the dividend. Historically, the board has been responsive to changes in the outlook (both up and down) to adjust the dividend. Hopefully, with the improving outlook and possibly improving earnings, the board will see fit to raise the dividend.

 -
<< Previous
Bullboard Posts
Next >>