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Textron Inc. (0LF0.L)

LSE - LSE Delayed price. Currency in USD
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67.00+32.41 (+93.70%)
At close: 11:57AM BST
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  • j
    john
    Expect Aviation to miss their delivery numbers massively for Q2. Rich people aren’t buying anything new.
  • M
    Money Maker Long or Short
    I am out. Bought 3,400 shares at $24 sold them today at $40.62. Very nice profit. I think now TXT will be trading between highs $30s and low $40s ranges for a while until coronavirus uncertainty is gone for good. After that I can see TXT at low $50s.
  • H
    Hedgeee
    Anyone noticed, that the US is currently buying 14 attack hovercrafts from Textron? Assuming that the big ones from Russia in the 1980ies had cost USD100M, this means USD1-2B! for Textron, today.
    (News from March 2020):
    https://www.textronsystems.com/products/ship-shore-connector
    Redefining state-of-the-art amphibious capabilities
    Redefining state-of-the-art amphibious capabilities
    www.textronsystems.com
  • k
    kjellsen
    I started following "lionstock-aletrs” (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • m
    mike
    huge spike on 40 CALL options expiring next week. Someone knows something.
  • H
    Hedgeee
    The U.S. Air Force may need a new aircraft to help resupply forward-operating bases in a war against Russia and China.
    The U.S. Air Force may need a new aircraft to help resupply forward-operating bases in a war against Russia and China.
    www.defensenews.com
  • M
    Michelle
    Time for all shareholders en masse to contact the Board of Directors and executive management via email, phone calls, &/or mail. I believe an investigation needs to be done as to why TXT is at one of its lowest levels in years, considering their financials are not that bad, they are being awarded military contracts, investing in innovation such as partnering with Uber on air taxi prototypes etc, and the stock market is at record highs! How are they maximizing shareholder value and dividends compared to their industry peers? Why is the share price being held down?
  • G
    Guy
    will climb back to $72 range resume today? I'm betting it will.
  • M
    Moobyet
    Practically they destroyed the stock price today.
  • H
    Hedgeee
    Howe&Howe, which is part of Textron(TXT), produces "tank robots":
    http://www.howeandhowe.com/ripsawreg-m5.html
    Bringing together speed of innovation and proven program execution, the Ripsaw M5 Robotic Combat Vehicle (RCV) is ready for the fight. Ripsaw M5 is the 5th generation of Ripsaw providing speed,...
    Bringing together speed of innovation and proven program execution, the Ripsaw M5 Robotic Combat Vehicle (RCV) is ready for the fight. Ripsaw M5 is the 5th generation of Ripsaw providing speed,...
    www.howeandhowe.com
  • M
    Michelle
    Yahoo increased the price target recently to $59.58. Seems like there is a lot of forward momentum for a number of reasons. Predictions by anyone for good 4th Q numbers and subsequent stock price rise into the low $ 60's? Also, due to tax reform, does anyone think TXT may now finally channel at least some of their capital into increasing their abysmal dividend? Thoughts? My best wishes to all of you for a happy, healthy, and prosperous 2018!
  • P
    Punjabranger
    Textron is now an Aviation/aerospace company that has this Industrial segment. Industrial is really an automotive supplier (plastic fuel tanks) and something called Textron Specialty Vehicles. TSV is an interesting mix of golf carts, industrial vehicles, aircraft towing and service vehicles, snowmobiles and small all terrain vehicles. A mix of vehicles that seem to have no strategic connections accept the name 'specialty vehicles'...you could put pogo sticks in that mix if you wished. Last addition was Arctic Cat, a money losing company. Now it looks like Arctic Cat was the cause of TSV/Industrial imploding in the 3rd quarter. Not sure when they knew this was coming. It sounds to me that the strategy of TSV and the final addition of Arctic Cat is the culprit. Not sure I would depend on Textron to be a great investment until it fixes its overall strategy. Does it want to be an aerospace company or just a 1960's conglomerate? As an aerospace company, it has some interesting parts that would attract some M&A attention.
  • K
    Kent
    Time for a leadership change. Donnelly hasn't delivered.
  • M
    Michelle
    Does anyone know how we can encourage an activist investor to become involved with TXT?

    This company needs to be broken up to unlock shareholder value. The BOD, CEO and upper mgmnt appear quite content with the status quo, as they make their multi million dollar salaries regardless of the severely undervalued share price and pitiful dividend. I also still find it suspicious, in my opinion, that there was much insider selling at $55?
    The share price is being driven into the ground, with no end in sight, unless an outside entity forces them to care about shareholder value, like most companies do.
  • g
    gekko
    WOW !!!! … great news !! … 9% eps beat and 2Q cert of new corp jet … if I sell today's gain so far I could buy the new BMW convert - straight 6 …
  • g
    gekko
    Nice numbers, especially 2019 outlook … $3.75 at high end and great free cash flow … should support climb to mid-60's
  • P
    Punjabranger
    It is hard to not be concerned about Textron at the moment. The stock is down well over 10% since the earnings announcement. It certainly is not because of the earnings itself, they were up. But, of course, the revenues were down and the growth projections of management are less than stellar. Bell and Cessna are still solid assets. However, Bell's growth is dependent on a new commercial a/c (525) and a win on a future army program that is still a couple years in the future for even development. Cessna's growth is predicated on the new Longitude, probably pretty solid, and the improvement in the overall biz jet market.

    While Textron has become more focused on aviation over the past few years, with a continuing notable position in defense as well. It still has the industrial business which is really a hodgepodge of 'specialty' vehicles and a plastic fuel tank business. While they divested the tool and test business, they doubled down on specialty vehicles by purchasing a financially challenged snowmobile maker.

    The old adage that you either grow or die seems like an apt thing to remember. The growth of its' parts is certainly a challenge.
    Its' individual parts may be more valuable to someone else's more focused portfolio and I hope they are at least seriously looking at this as a strategic option.
  • G
    Guy
    TXT Bell Helicopter just announced $510 Million U.S. Defense contact yesterday.
  • P
    Punjabranger
    TXT published its 10K today. The company continues to become more of an aviation company with an Industrial hodgepodge added on. Bell, Textron Aviation and now Textron Systems, with UAV and Flight Simulation and Training, are focused on aviation both commercial and military. They walked away from a $100 million/year weapons business for reasons that appear to be connected to concern about the politics of weapons than anything else. As an owner of TXT, it would be very helpful, if management gave us a clear idea of what the plan is.
  • g
    gekko
    WOW!! Over $70 … time to take more off the table (?)
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