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11/20/2019 5:07:11 PM
Posted: 10/31/2006 6:56:12 PM EST
Their stock has been doing really well lately, today had some strong moves up on heavy volume Anybody know what's going on?

Anybody know if they're going to get another military contract?

FYI, I'm long on RGR.

finance.yahoo.com/q/bc?s=RGR&t=3m&l=on&z=m&q=l&c=

Link Posted: 10/31/2006 7:12:06 PM EST
I'd bet it's something other than FA's that has to do with their investment casting.
Link Posted: 10/31/2006 7:12:48 PM EST

Originally Posted By Morning_Wood:
I'd bet it's something other than FA's that has to do with their investment casting.


+1 big golf club contract or something
Link Posted: 10/31/2006 7:18:59 PM EST

Originally Posted By www-glock19-com:

Originally Posted By Morning_Wood:
I'd bet it's something other than FA's that has to do with their investment casting.


+1 big golf club contract or something



or government contract?
Link Posted: 10/31/2006 7:26:27 PM EST
THis just in: Army replacing M-16 rifles with Mini-14's and is also adopting the P-89 as the official sidearm.

Ruger denies that they are resuming production of 30 round mags, since "No legitimate need exists..."
Link Posted: 10/31/2006 7:31:03 PM EST
[Last Edit: 10/31/2006 7:32:52 PM EST by DukeSnookems]

Originally Posted By AlvinYorkII:

Originally Posted By www-glock19-com:

Originally Posted By Morning_Wood:
I'd bet it's something other than FA's that has to do with their investment casting.


+1 big golf club contract or something



or government contract?


Just found this:

WASHINGTON - Defense Secretary Donald H. Rumsfeld on Tuesday endorsed a proposal to spend at least $1 billion to expand the size and accelerate the training and equipping of Iraqi security forces.

news.yahoo.com/s/ap/20061101/ap_on_go_ca_st_pe/us_iraq

The Iraqis have already gotten some Rugers...
glocktalk.com/attachment.php?s=&postid=7054770

Maybe they're gonna get some more?
Link Posted: 10/31/2006 7:35:01 PM EST

Originally Posted By PromptCritical:
THis just in: Army replacing M-16 rifles with Mini-14's and is also adopting the P-89 as the official sidearm.

Ruger denies that they are resuming production of 30 round mags, since "No legitimate need exists..."


Well can you imagine? It would be like a giant A-Team with milions of men, nobody could touch them.

BTW, the Ruger family has largely sold out from the biz, new management is taking over.
Link Posted: 10/31/2006 7:36:24 PM EST
[Last Edit: 10/31/2006 7:44:22 PM EST by clement]
www.nssf.org/BP2/current/index.cfm?AoI=generic (about half way down the page)

RUGER FIREARMS SALES UP 19 PERCENT . . . Sturm, Ruger & Co. reported firearms sales increased 19 percent to $34.3 million in the third quarter, compared to $29 million in the same period in 2005. Shipments of 10/22 rifles and single-action revolvers, especially Ruger New Vaqueros, increased significantly from prior year periods, the company said. Ruger, which also operates a castings business, reported net sales of $41.6 million during the quarter, compared to $35.1 million the previous year. Net income was up $1 million, or 4 cents per share, during the quarter. Ruger is traded on the New York Stock Exchange under the ticker symbol RGR

edit: I bought a 10/22 in the 3rd Q maybe thats why
Link Posted: 10/31/2006 7:42:18 PM EST
Read recent SEC filings.
Here and here.
Link Posted: 10/31/2006 7:52:24 PM EST
Bill Ruger Jr. retired about 6 months ago. He was a character... very friendly guy.

Ruger is also building/implementing a large new titanium foundry which promises to substantially increase US titanium production. I smelled .gov contracts as soon as I heard about it.
Link Posted: 11/1/2006 9:17:00 AM EST

Originally Posted By duckdawg:
Bill Ruger Jr. retired about 6 months ago. He was a character... very friendly guy.

Ruger is also building/implementing a large new titanium foundry which promises to substantially increase US titanium production. I smelled .gov contracts as soon as I heard about it.


Titanium .480 Super Redhawks?
Link Posted: 11/1/2006 9:23:25 AM EST
I heard they will be selling rifle/pistol sets as a SHTF kit.
A 10/22 and a SP101 in .38 Spl.

Afterall, isn't that all you need?
Link Posted: 11/1/2006 9:26:10 AM EST

Originally Posted By PromptCritical:

Originally Posted By duckdawg:
Bill Ruger Jr. retired about 6 months ago. He was a character... very friendly guy.

Ruger is also building/implementing a large new titanium foundry which promises to substantially increase US titanium production. I smelled .gov contracts as soon as I heard about it.


Titanium .480 Super Redhawks?


OW! My hand hurt just reading that.
Link Posted: 11/2/2006 1:00:44 PM EST
Titanium .480s! Wonder how much one of those would cost!

No, they have a subsidiary company right next door to the Newport, NH plant called Pine Tree Castings. They do more than just firearms.
Link Posted: 11/2/2006 1:03:07 PM EST
My company buys pipe castings from Ruger. Diversification is the key.

Maybe since the Rugers are gone, they will start selling good OEM hi-cap magazines for the Ruger Mini-14. And make accurate barrels?
Link Posted: 11/2/2006 1:13:27 PM EST
I'll take a Ti .454 Alaskan. Yeah Baby!

But I won't be shooting it much...
Link Posted: 11/2/2006 1:22:49 PM EST

Originally Posted By SS109:
My company buys pipe castings from Ruger. Diversification is the key.

Maybe since the Rugers are gone, they will start selling good OEM hi-cap magazines for the Ruger Mini-14. And make accurate barrels?


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