Champion Homes Inc V.SKY

Primary Symbol: SKY

Consumer Cyclical Residential Construction

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

Champion Homes Inc

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Comment by Agardon Mar 24, 2011 2:14pm

445 Views

Post# 18335798

RE: Pilot Plant

I have also wondered why the pilot plant is not closer to the site. For sure they will not make any money trucking the raw material down and the sand back when it comes to the real thing. The production plant will need to be on site or close to it.

Meantime, the chart suggests that it could get very interesting over the summer.

I am thinking by next November it is possible this will be a 2.00 to 2.50 stock. A 1.618 extension target of the first wave (semi log scaling) is 2.40, providing we don't dip below 0.38, which I am assuming is a fourth wave bottom in a possible extended fifth wave pattern.

Wouldn't that 2.40 target be nice. :-)

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