Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. The Company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. The Company operates the through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. Its products include Engine Cold Section, Engine Hot Section, Engine Shafts, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, and Manufactured Components and Assemblies, among others. The Company provides supply chain integration by combining core capabilities with global supply chain expertise.

TSX:MAL - Post by User

Magellan Aerospace Corp

Bullboard Posts

Comment by draxteron May 10, 2009 11:33am

522 Views

Post# 15981683

RE: RE: Any Comments

I'm not sure how to feel about what's going on. MAL is up over 400% for me and on such low volume it only makes sense when you realize most of the shares are owned by one person who has been accumulating. It's clear MAL is in no danger of folding since they are now well financed and profitable, but such low volume and the jump up from its lows has been very quiet with little fanfare.

This was a no-brain buy for me at the 30 cents range and I've sold some last week, the rest are all a free ride for me and I plan to ride it to 4-5 bucks or so. Either way MAL is my best performing stock in percentage terms and I love it! It made my a nice return in the 90's and I then sold and forgot about it, and now it's once again a star.

cheers

Bullboard Posts

Cross border trading in Canada and Australia