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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 Feb 08, 2010 12:54pm
338 Views
Post# 16762910

RE: RE: Timelines and scale

RE: RE: Timelines and scaleI don't completely disagree, a PP is inevitable. These guys have been running on nothing, with big cash burns depending upon what property they were chasing. I've held since sullivan deep, the uranium was easy to see as a dog, other BC copper play just another of the many treat-of-the week when prices were crazy. I don't know how much of this company is held by insiders, but I would guess a significant majority from their past several PPs being taken by the directors. As much as I am dissappointed with their other play ROK, it has proven that this management can bring a property to production. I like the new direction, something different in a time that they could have been buying moose pasture for potash development that will end up being useless when POT and BP have shown to have saturated the potential mine development in Saskatchewan. I would like to know how extensive the silica development will be, or if this is just a glorified gravel pit. If a gravel pit, production can occur very quickly with minimal development/permits/cost. If this is to be a full-out open pit mine, chances remote. I just don't know the scale. I guess that to get to their local demand of 450,000 tpa, they will of course be producing over 1000 tpd, which isn't too big. And if annual estimated rev is $135 mill, and costs are $22.5 mill, not a big operation, but profitable enough depending upon capital. 
 
Bullboard Posts