Magellan Aerospace Corp T.MAL

dividends

[northcoast]

There is no way this stock will be under $15.00/share by the summer. That is my opinion (regarding dividends). I doubt they'll cut it, but I must say that most of the other companies I have shares in have cut dividends over the past year, and it never seems to affect share price. It would be a prudent thing to do if it did happen in this case. I see MAL as a growth company anyway.

[GOBOGOH]

I think the current aerospace environment will drag on this entire sector for awhile yet.  The Q4 results for nearly all the manufacturers will likely be the worst for the year, Magellan included.   I do believe there is significant upside for Magellan but it will take a few quarter to realize it.  So I expect the price to drop a little and stay there for a few months.