I don't love the acquistion too much myself, but I still feel the stock is so much a part of every Boeing and Airbus planes I still think the stock will make 50% for the year. Made more than that last year before all these new planes and higher production rates being implemented. Looks good
That is stupid at best. Aircraft numbers are only growing at 3-5% per year, this per Airbus and Boeing. B/E's PE of ~24 is just not sustainable. Good luck though. You may see your 50% in 10 years of so.
Bye. Oil/gas production supplies a big and growing business. Like to see (a little) thinking outside the box to leverage their strengths. It's just a small 75M exploratory step. Add if accretive to earnings in 2014 what SPECIFICALLY is your issue?
Issue is there is too much oil and shale gas found in huge amounts all over the world. Not the time to invest in this sector as they predict oil will fall further if they allow Iran oil to flow. Iran is a huge producer and needs the money after this long sanction period