BZC: Breeze-Eastern Corporation
Market Cap = 71M
EV = 61M
Breeze-Eastern manufactures hoisting equipment. Products include
rescue hoists, cargo hooks, stainless-steel hose clamps, and light-duty clamps.
The company also manufactures lifting and restraining products used in
helicopter rescue hoists, external hook systems, and weapons-handling systems
for aircraft.
Historical Valuation improvement using P/B TTM = 1.60 compared to
the average P/B from 2007 to 2011 of 2.66
YOY Qtrly Revenue Change = - 21.00%
Recent quarterly results were horrible with sales and margins down
sharply. The strong balance sheet was improved with recent sale of real estate.
Net sales of $14.4 million versus $18.2 million for fiscal 2012 first quarter
and negative EBITDA. The investment idea may need a lower price.
AFPC: American Pacific Corp.
Market cap = 95.88M
American Pacific Corporation primarily manufactures
fine chemicals, specialty chemicals, and propulsion products in the United
States and Europe. 
to be continued
