to the guys on this MB who are sharing their valuable DD and opinions. For example the topic on "Backlog ..." posted by: puzzled, DrWho, JEStar, vkn, llll, etc. BRAVO. Wish all my MB's were so good. I'm new to RGR the stock but not to their products. Like RGR's fundamentals and hardly wildly overpriced at 13X PE plus nice dividend. Will add if price drops more.
PS: As a MA resident I am concerned by the Dem proposal to have fingerprint locks mfd into all new guns sold in MA. I will be speeding up my next purchase decision.
Have not researched this one but don't ETN's get taxed like regular C Corps ( so no MLP sheltering of income)? Also watch out for high fees from UBS. Do your homework.
This looks like another nice piece of business right up ORB's alley. Small money but good exercise of ORB's launch vehicles. An interesting concept to be looking down on everything all the time (like black sats but for business). Will they be able to handle broadband communication as well? Give the cellphones some competition? Creative destruction in action.
ORB stock seems to be consolidating here and may establish new support here in the $28's. BWTFDIK?
Here is LMT's data per Yahoo: Op Mgn 9.93%; P Mgn 6.57%; ROA 7.52%, ROE 119% ...a little better than ORB's. Revenue growth YOY is -13.7% for ORB and -4.7% for LMT. Again LMT comes off a little better. Not sure if this is a valid comparison or if the numbers are up to date and comparable. Bottom line (IMO) is that ORB needs to really start cranking out good profit and growth numbers for the foreseeable quarters. Elon Musk is racing up behind and LMT is sitting at the top of the mountain. Just my 2 cents. Need to secure more engines for Antares and compete well with Musk for LEO business. (I have no idea where the future space business 'sweet spot' lies.)
What exactly was his concern? I would have to chart the numbers vs some benchmark to see any disturbing trend. But today's Yahoo shows Op Mgn- 8.66%; Profit Mgn- 4.86%; ROE- 8.88% and ROA- 5.94%. Nothing shabby there but in depth work required to look at trend, find good benchmarks and dig out internal issues like writeoffs of R& D involved in Antares & Cygnus, etc. First cut, ORB is highly valued vs run of mill Aerospace stocks and needs to confirm in ongoing revenue growth and profit margins that it has built something special in the space business. Anyone else?
Nice screen at 3:15, up $1.25 on decent volume. I think you amigos have this stock covered better than a bunch of analysts who don't know anything. I liked the solid forward outlook:
"The company's operations last year were highlighted by the successful introduction of our Antares medium-class space launch vehicle and Cygnus cargo logistics spacecraft, as we concluded a multi-year research and development program to create these products and set the stage for expanded operational performance in 2014 and beyond." He added, "With new orders and option exercises for 38 major launch vehicles and satellites and other new business wins last year valued at $2.3 billion, Orbital looks forward to a promising year in 2014."
I think we are in uncharted territory on the stock price chart which means no visible resistance. But we are sporting a 25X PE vs the ITA's 17X so we have no support there. I also believe that little ORB gets played for whipsaw up & down swings quite often by junior hedge fund types ;-) But I am in for a few shares and looking for some good earnings reports going forward. Go ORB!
No panic, amigos, ORB is a good buy here and a few points lower also IMO. however, full disclosure, I added a few last week so be careful. ;-)
ORB is executing well on all fronts. The only headwinds I see are funding levels for various orbital missions and sats under budgetary pressure. And, of course, the hedge fund types who game this stock short term. Doc, what can you tell us about the ULA lawsuit and the RD 180 engines?