I wonder if some of these rules applied?
Coordination with section 172(b) carryover rules
In the case of any pre-change loss for any taxable year (hereinafter in this subparagraph referred to as the “loss year”) subject to limitation under this section, for purposes of determining under the 2nd sentence of section 172(b)(2) the amount of such loss which may be carried to any taxable year, taxable income for any taxable year shall be treated as not greater than—
(i)the section 382 limitation for such taxable year, reduced by
(ii)the unused pre-change losses for taxable years preceding the loss year.
Similar rules shall apply in the case of any credit or loss subject to limitation under section 383.
I wouldn't doubt that point a bit.. I'm sure that will be the case with TREX /Konecranes also. I just think the trickle down from the Highway bill benefits will come before the oil recovery. TEX still owns a piece of MNTX via ASVI. Cat bought Bucyrus-Erie at the top for a bundle. Consolidation is a way to get through tough times the oil glut brings. MNTX is still just a hypothetical bolt on to both someday.. IMO Astec Industries might also be interested. . Astec & Alamo Group benefited more than MNTX today RE: the highway bill. They are better near term beneficiaries.
Who cares! -There are no earnings-there are no firm orders yet-so I don't care about revenue yet.. Because there are no firm orders-just the possibility. IMO-You need firm orders to guide with any revenue or earning projections. However the traders will play while the earnings & revenue are away!
This quarter hopefully will be the bottom? I guess we will have to wait for the manure dries before the stock stops stinking. I would have thought maybe some domestic or foreign hospitals would have ordered some AS containment buildings for Ebola preparedness. Never happened !
One of the few good stock charts @ higher 52 week highs in uninspiring market conditions. That attracts traders. Expect volatility if they want out at once. IMO High insider ownership keeps the boards interests high. Global Medical Batteries Market: Europe, is expected to experience high growth rate by 2021. $ULBI mentioned.
September 25, 2015
Harris Corp. has been awarded a four-year contract potentially worth $390 million to build highly specialized handheld radios for Special Operations Forces.
A majority of that work, which includes an entirely new line of radios called the RF 335, will be done by Harris' Rochester-area operating units.
IMO it looks like a golden parachute in the making. More than likely exercised on change in control. Vintage needs to cash in. API is ridden in debt. Hello Jabil ? If they due a hypothetical investment banker shop around for interested parties. I think the stock is holding up now because of a possible sale, not recovery potential.
Finally a defense order. Maybe now that HRS and Exelis have integrated. A chance to build on the first order.