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SIFCO Industries Inc T.SIF.UN


Primary Symbol: SIF

SIFCO Industries, Inc. is engaged in the production of forgings and machined components primarily for the aerospace and energy markets. The Company's processes and services include forging, heat-treating, coating and machining. It is a manufacturer of forgings and machined components for the aerospace and defense, energy and commercial space markets. The Company provides its customers with envelope and precision forgings, rough and finished machined components, as well as sub-assemblies. It services both original equipment manufacturers (OEM), Tier 1 and Tier 2 suppliers, and aftermarket service providers with products that range in size from approximately 2 to 1,200 pounds. Its product offerings include OEM and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; critical rotating components for helicopters, and commercial/industrial products.


NYSEAM:SIF - Post by User

Comment by leslie000on Mar 17, 2006 9:06pm
271 Views
Post# 10529398

RE: I'm waiting Baudelaire for your responce

RE: I'm waiting Baudelaire for your responce None of these responses has addressed the issue I raised: The company has run out of cash. 1/3 of the distributions Q2 were in excess of cash earned. 95% of distributions Q3 were funded by debt. The company is in a net debt position. You can refuse to acknowlege it, and you can put your head in the sand, and you can say ... 'but this doesn't count, and that doesn't count'. At the end of the day THEY ARE OUT OF CASH.
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