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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 robert41on Aug 08, 2023 10:32am
164 Views
Post# 35577408

RE:The End Game

RE:The End GameHere's my view for what it's worth...low debt, low float, massive land position in the perfect location make crew a take out target for sure. Debt and float gives them flexibility if they choose to grow when kitimat opens depending on the gas price received shipping to Asia. To me if they choose to grow and are not taken out I'm in favour of it. yes it's a long term plan and if that plan is clear and includes paying dividends to share holders I'm ok to wait. I've always felt that the big rewards on all these companies come mid to late 2024. They will all be in the best shape since in their existence and kitimat should be a game changer for decades. 
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