Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co

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Comment by EbbFlow88on Oct 15, 2019 9:48am

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Post# 30231041

RE:RE:Schachter on BXE November 19, 2018

Auburn, those are good points, but don't you think there are more options available to Crew?

They are paying their interest payments and making small dents in debt with asset sales. Why wouldn't their creditors refinance, assuming they couldnt pay back the sum in 2024? Also, if it still looks bad in 2022, why couldnt Crew cut back on drill spending and direct cash to debt payments, etc? Maybe I'm not fully grasping the situation, but it doesn't seem as bad as the share price indicates.

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