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 > 9 lower weekly closes during the last 11 weeks.

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Comment by gonatgasgoon Jul 29, 2024 3:17pm

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Post# 36153104

RE:RE:RE:RE:9 lower weekly closes during the last 11 weeks.

My fear is Dale will never be happy with the share price he could get. Keep in mind, he has seen $20 a few times over the years.

My fear is that if someone was to offer $6 today, he will want $8.
If Crew ever trades at $6 again, and gets an offer for $8, he will want $10.
If Crew ever trades at $8 again, and gets an offer for $10, he will want $12.

You see the pattern.

I think the timing of the electrification of the plant is killing this stock. As a result, you get a firm that generates no FCF, no growth, no dividends and no sharebuybacks. Maybe it was an opportunity that had to be taken right away or you lose it. Not sure. I am wondering how many years later will they have recouped the entire investment. Will the electrification made the company more attractive to a potential buyer? I hope so.

I know I am complaining a lot. My 7-8 year CR investment is in the red. My early 2020 CR investment is doing extremely well. So net-net, I am fine. I just feel we could get more. Remember, we are in last place ytd vs peers.

upinmuskoka1 wrote: The poor buggers who bought CREW a decade ago today paid $10.25. Dale has done an awesome job creating shareholder value for the bagholders.

Anyone of us dreamers on here believe we will ever see $10 plus ever again?