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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.


NYSE:CR - Post by User

Comment by Cheadle12on Jan 18, 2022 7:21pm
288 Views
Post# 34330891

RE:RE:RE:RE:RE:RE:RE:This could be one of the reasons for an increase in price

RE:RE:RE:RE:RE:RE:RE:This could be one of the reasons for an increase in priceAll of the below is not to be confused with 'any thoughts of leaving team Crew'..  it's simply a scenario and one I'm okay with.  I think we've all done very well, and I believe (as Robert41 has stated) that we will continue to do even better.  

For me, it's now a tax problem.  I hold the bulk of my Crew shares in a taxable account, so I need to be aligned with Dale for the proper exit.. which would mean an all stock acquisition..  any CNQ type deals like with SRX at $6.22 per share is great, but it also means that 25% of the profits would be going into Justin Trudeau's federal liberal pocket.

Why would I want to take on the risk, the analysis I've done, the money I've put up, simply to reward Justin Trudeau, the enemy of the O&G Industry with a 25% paycheque on my capital gains?  

I wouldn't... so Robert41, I need to think through a fair exit plan and anything north of $4 I'm okay with.. sure.. $5-6, even $12 is even better, as long as it's all stock... CNQ, TOU, ARX, WCP even... I would NOT rule out acquisition hungry (like Pac Man) WCP from taking a foray into the BC Montney and gobbling up Crew..   they pay a nice monthly dividend too.. and very sustainable business.. net zero at the corporate level.. so lots of years of runway despite ESG pressures..

~The Great Cheadle.

Cheadle12 wrote: Just saying Robert41, I'd take $4 a share, deferred tax..and roll into Tourmaline.. which I believe will be paying out around 10-12% yield in 2022.   Probably set to run up also like CNRL have just done...   Crew at $5-6 is around 40-50% gain in the new horse.. so roughly TOU at $60-$65 per share with dividends.. 

So would TOU get to $60-$65 ?  At the same speed as Crew would get to $5-6?  Who knows..

Happy to hold, but also happy to port my profits into a larger name to protect any downside and start collecting some dividends on my money.

~TGC.



robert41 wrote: Just giving you a hard time... my stock is in my RRSP so no incentive for me to look at Selling for less. $4 bucks is a gift for Tou no different than back about a year ago when you wanted to do this at $2 bucks. They didn't do it then haven't done it now so I'm guessing that ship sailed for now. $5 or $6 and I'm interested especially if it's Tou.




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