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.

NYSE:CR - Post by User

Crane Co > Reply to gonatgasgo

<< Previous

Bullboard Posts

Next >>

Comment by gonatgasgoon Mar 29, 2022 9:48am

128 Views

Post# 34555026

RE:RE:RE:Reply to gonatgasgo

Thanks a lot MrMomo. I hope you spend more time on this board as your input/opinion is appreciated.

mrmomo wrote: gonatgasgo wrote:
"However, for 2022, AFF could be in the $250M range and capex (based on their guidance) is $95M. As a result, what do you think they will do with the extra $155M?We know it is not share buy back or a dividend payment. There is only capex or paying down the debt left. If they increase capex (which I doubt), their production will exceed their infrastructure capacity. As a result, I think the only option is to pay down the debt. I would like to hear your point."

Assuming your figures are accurate and Crew doesn't revise those numbers downward in the next 6 months, i expect the following. As capex has been greatly reduced by producers both in the US & Canada over the last 3 years, it wouldn't surprise me to see them increase the budget for Capex. So this would be one of the possible outcomes imo. But i don't believe all of it goes to Capex, some of it will be directed to debt reduction of their most costly debt. So the most probable outcome would be a mix of debt reduction & increasing Capex, which i would put at 70% probable. With the remaining 30% probability going to instituting a very small divyy payout. Which imo should not be totally ruled out. As this will be their only means for attracting potential investors to their company & stock in the new paradigm shift where investors are shunning anything fossil fuel related. This applies acrosss the board to all struggling ep's and not only to Crew. Hope this answers your question.

GLTA