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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

Post by Delphi008on Jan 03, 2009 11:34am
723 Views
Post# 15679790

Recession Proof...!

Recession Proof...!SIF is finally getting its due after an unjustified selloff. Congratulations to those of us who bought in the $6.50 - 7.50 range and condolances to those who were forced to sell down there. This business is solid and it is about as recession proof as they come. No one will stop heating or air conditioning their homes no matter how tough things get. Very nice year end special distribution coming of a minimum of .10 cents (I think it will be higher) and the likelihood of an increase in the monthly distribution before the end of Q1. Six month target - $12...!
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