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 daniel004on May 22, 2010 10:08pm

417 Views

Post# 17124932

RE: Targets for MAL

This is a funny stock but I like it. I gave up trying to time my trades. Now I'm just buying it and holding.
IMO, this is a long term hold that requires some patience.
MAL has gotten their act together and are setting the stage by paying down debt, investing in new equipment and a new facility in India. They have received some very large multi-year orders. These factors will eventually come together to pay dividends (literally).

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