+ Watch RTI
on My Watchlist
The Company is a U.S. producer of titanium mill products and fabricated metal parts for the global market.
Solely Titanium play. Micro with results I like. If you believe Titanium is headed up give it a green thumb also.
Boeings new Planes
unlikely to continue the first quarter success and income will drop. They are struggling with Boeing delays
They are very strong compiling 10 areas overall
Initiated position at 27.57.12 month price target of $42.
Not a lot of competition in titanium, and world demand is strong so all producers should do well.
RTI International Metals, Inc. (RTI) is a producer and supplier of titanium mill products, and a manufacturer of fabricated titanium and specialty metal components for the international aerospace, defense, energy, and industrial and consumer markets. The Company conducts its operations in three segments: the Titanium Group, the Fabrication Group, and the Distribution Group. The Titanium Group melts, processes, and produces a range of titanium mill products, which are further processed by its customers for use in a range of commercial aerospace, defense, and industrial and consumer applications. The Fabrication Group consists of companies that extrude, fabricate, machine, and assemble titanium and other specialty metal parts and components. The Distribution Group stocks, distributes, finishes, cuts-to-size, and facilitates just-in-time delivery services of titanium, steel, and other specialty metal products, including nickel-based specialty alloys. Aerospace and defense industries represent almost 85% of sales. Stock price has an increase of 107.04% over the last year. Company is losing money, but provides a product of value to the defense and aerospace industries. I think the stock is over priced and will take a nose dive. However, I think it will outperform the market for the short term.
Well-managed titanium & allows manufacturer for defense, oil & gas, others with limited competiton.
Titanium Metals Essential for US Military and Industry.
Likely to beat the S&P through the next bull market, RTI is a titanium play trading under book, with a solid balance sheet. A decent amount of near-term risk, however, as revenues and profits have crumbled.This pick was poached from bullishbabo.
dont miss the boat on metals people. As you can see from my other recs I am extremely Bullish on the mining/metals industry. Good luck
as the economy improves, airpanes will be (re ordered) a bigpart of which is titanium. Way more UP then Down side.
price is too low and titanium will always be neededboeing and airbus may delay the production by a year, but they will inevitably need that titanium as they have long-term contracts
boeing strike will be over soon. price is ridiculously low.the world still needs titanium, armageddon is not near.too many shorts for this stock which at these levels is absolutely silly. but this is a typical hedge fund stupid rampage that simply cannot be stopped unless we see a serious volume, and we will, and the morons will pay for their idiocy again.
strike will end @ boeing some day, and that day will be my payday. pe is absurdly low at 5.96. I will be selling when we get back to 84.23/share
This stock is very cheap.
Market pressure will not hold this one down forever, as titanium demand is only increasing with time. While the Boeing strike is a short term problem and will affect the next 2-3 quarters, in the long term this is a winner. The entire sector is oversold.
RTI has longterm agreements with Boeing AND EADS/Airbus as well as UTC/Bell and Bombardier to supply Titanium what seems beyond their current capacity long term (=2-5 years down the road) once new B787/Airbus heavy in Ti commercial aircraft builds grow.A bit short on cash, a US financial/lending crisis, $425M in debt coming up to expand facilities and improve cash, a Boeing strike, delays in B787 production and the stock took a hit workse than the EPS drop.Sounds like a good time to buy and good really long term prospects.
-Aircraft + Defence industry recovery in 2009 ...+
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