The Rising Influence of Rising Affluence

[DewDiligence]

Barron’s likes CUB for its mass-transit participation, especially after recent sell-off:

http://www.barrons.com/articles/cubic-corp-and-esterline-technologies-are-poised-to-rebound-1455343680

The need for expanded mass transit in ever-growing mega-cities provides a strong tailwind for the non-defense portion of CUB’s business (see, for instance, #msg-57987139).

#msg-66355098 has a dated pie chart of CUB’s revenue sources, but it’s still fairly accurate.

I owned CUB from 2010-2012 and sold when the stock popped on the death of the founding CEO (#msg-76957330), which led investors to think a buyout was in the cards.

The buyout never happened and the share price is now about 20% lower than when I originally bought the stock six years ago. CUB may be worth another look.