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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 truestaron Apr 29, 2009 11:12am
447 Views
Post# 15952683

RE: Hello Truestar..!

RE: Hello Truestar..!
Delphi,

I am glad to provide any info that I feel might occur.  I do believe that the takeover of UEG will help and that sales will continue to be strong as the sales system and managment of sales is superior.  It would make sense that there would be increases in distributions based upon both strong sales, the takeover, and the fact that a lot of gas was burned this winter, (and spring), yet gas prices, (to fill in gas exceeding estimates), is much lower than the average sell price to the consumer.  I own a lot of shares and I have chosen to sell none, even with the strong upward move, (I picked some up at lower levels on the downturn), as I feel the company is strong, green energy is a boost to sales, the new energy efficiency grants and incentives are an opportunity for further growth and I feel management may have another move or two up their sleeves.  And what would be a better stock to put your money into and receive a 10 per cent yield? 
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