Technology-based manufacturer operating primarily in the U.S. Continuing operations are organized into two segments: Aerospace and Defense, includes the operations of Aerojet-General Corporation and Real Estate, activities related to real estate assets.
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Currently - EPS and is issuing more stock so neg EPS will be greater.
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next round of speculative outperformers. very risky (except for the few at the end of the list).
tickers: gkk,anpi,tstr,agen,htm,ddss,vtg,erii,swhc,brnc,chk,bgp,bks,hlcs,cog,jec,gy
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Pretty solid defense and NASA contractor. Plus the realty part of the business is bound to pick up as the housing sector picks ups.
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Price will drift up as real estate value becomes apparent. Perchlorate issues will provide periodic buying opportunities.
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Rowing aerospace co with extensive land holdings in SAcramento CA
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Taking a gamble on this one.
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EPS Ranking 64
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fundamentals.
Small Cap COmpañy
It´s cheap
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Mario Gabelli says it will double....let's see if he is right
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Gencorp manufactures defense systems that include tactical missiles and precision-strike missiles. With the international war on terror just beginning and Gencorp trading near its 52-week low, the stock makes an interesting play here, offering inventors a company that generates total revenue of $668 million a year with 15% quarterly revenue growth. It also handily beat earnings estimates last quarter by 15 cents.
Gencorp, the parent company of Aerojet, enjoyed much stronger revenue from its space and defense programs, including the Orion, Standard Missile and Titan, which could result in a huge contract. It's also a possible takeover target for the likes of Boeing (BA - Cramer's Take - Stockpickr - Rating) or Lockheed Martin (LMT - Cramer's Take - Stockpickr - Rating).
TheStreet.com
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This met a high level screen to indicate a buy and strong outperform against its peers (other tickers in its industry). My 1st version of this spreadsheet devles deep into the company's balnace sheet and recent income statements, combined with other relevant price data for the company including insider/institutional holdings, short interest, debt levels, etc.
Testing capabilities of this 1st version of my automated, valuation spreadhseet matched with my personal criteria and see how it holds up.
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The profile is impressive, almost too good to be true. The price seems skewed for the order backlog of $$billions. I bought it...........
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Out of favor, but debt repayment, improved FCF generation, and a recent acquisition has the business looking healthier. Undervalued land holdings should provide stability and opportunity as the acquisition is integrated.
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Here's an interesting somewhat hidden asset play that I just got from Barron's courtesy of Mick McGuire's, founder of Marcato Capital Management, presentation at the Value Investing Congress.
"Gencorp (GY) makes propulsion devises for rockets and missiles. But the company owns land in California that it once used as a buffer between residential area and a test site for its devices. It has received approval to develop on about 6,000 acres, McGuire said. The value of the real estate, he said, is “all gravy,” as the company’s other operating businesses remain strong. Marcato is the company’s largest shareholder."
Deej
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Mick McGuire, Value Investing Congress.. undervalued land assets
http://www.scribd.com/doc/108784794/McGuire-ValueInvestingCongress-100112
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