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Champion Homes Inc V.SKY


Primary Symbol: SKY

Champion Homes, Inc. is a producer of factory-built housing in North America. Its segments include U.S. Factory-built Housing, which includes manufacturing and retail housing operations, and Canadian Factory-built Housing. It offers a portfolio of manufactured and modular homes, accessory dwelling units, park-model recreational vehicles and modular buildings for the single-family, multi-family, and hospitality sectors. It has around 48 manufacturing facilities throughout the United States and western Canada. It provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Its brands include Skyline Homes, Champion Homes and Regional Homes in the United States and Moduline and SRI Homes in western Canada.


NYSE:SKY - Post by User

Bullboard Posts
Comment by Fivefive5on Oct 24, 2007 12:18pm
519 Views
Post# 13679754

RE: 6 month anniversay

RE: 6 month anniversayI hear you. I've been holding through the Deeps drop, and also hold ROK as my major portfolio stock which also has this management. In fact, I only bought into SKY because of it's management, a decision that many of us probably made and are maybe questioning now. The posts on ROK show the same frustration as you- that there is absolutely no word from management on progress. ROK is almost exactly 12 months behind schedule for production, and SKY is approximately 6 months behind schedule for data release as well, facts that don't say too many good things about management. The only reason I hold is that I have already lost too much with SKY (nice .36 drop to .11), so there should only be upside and limited downside. I have a hard time being patient with these guys, I know everyone says they are centered upon ROK right now and when the mine is operational they will work with SKY, however that is not any consolation to SKY holders who may not hold ROK. If results from Husky were poor, then they would have had an obligation to release that data and this would be a .02 stock, and insiders would not have participated in this past PP to the same degree- I guess that is why I still hold some hope for management and this stock, management has much more invested and has lost much more capital in SKY than I ever will.
Bullboard Posts