Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

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

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Comment by Cheadle12on Jan 19, 2022 12:09am

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Post# 34331424

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

Yep, agree on all counts !

It's a nice problem to have.. I think that BIR will eventually start paying out larger dividends.. probably their exit plan.. i.e. pay debt to zero (as Jeff said).. then drill to fill & pay out the rest of FCF in dividends.. that's the perfect investment, lots of unrealized capital gains on a stock that pays a lot of dividends..

i.e. hence why it would be nice if TOU or ARX eventually came around and bought out Crew... in time it will happen, but rather either of those & not Shell / RDS.. if it's Shell (the logical fit).. then the whole ADR / withholding tax gets complicated on the dividends.. a Canadian co. is better.. a la Tourmaline.. they're currently below their debt range.. and have cash on hand.. so who knows if they mean it when they said they're done with larger M&A..

Good luck to everyone here.. we've done well & still think it's early innings for the sector. $87 WTI too tonight..

~The Great Cheadle.

robert41 wrote: Fair comments cheadle given you have a tax problem I have the same with BIR I almost sold when it crossed $7.50 but didn't because my tax bill would be huge really hoping BIR turns into a nice divi machine in the next year or so. With crew in my rrsp I have no tax issues and ultimately would like to see it grow into a baby Tou... if Tou you bought us well so be it I would have shares in an amazing company that I missed out on. Tough problems to have for both of us and many others in this sector that is finally getting its due.

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