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 > No love

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Comment by gonatgasgoon Sep 29, 2023 3:39pm

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Post# 35662411

RE:RE:No love

See TD's note on the downgrade.

https://twitter.com/emmpeethree/status/1707643323459293609/photo/1

They pretty much say the 4-year plan will not happen. A year ago, when the 4-year plan was announced, the stock took a beating, so I thought people were not happy with such big expenses, without seeing an increase in production right away.

What if Crew takes the money they were going to invest on the infrstructure and drill some condensate? That will increase profitability even sooner. Isn't the money fully recovered with 12 months after a new well is drilled? If so, I really do not see a problem.

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