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

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Comment by blythesbaneon Nov 13, 2015 2:42pm

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Post# 24289826

RE:RE:Very good financial results

I agree that the financials are very strong, but just like last quarter, this news is coming at a time when the rest of the market is under pressure. Look what happened shortly after the last earnings release on Aug. 11. The stock traded above $20 shortly before that. The company is much stronger now and yet the share price has barely recovered to what it was trading at a few days ago. That signifies that there is still value at these prices.

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