Helicopter services specialist Bristow Group Inc. (BRS, Financial), a holding in other Ariel portfolios, recently made a major push into the search and rescue (SAR) field with a multi-year United Kingdom contract. Depressed conditions in the energy sector have caused the stock to trade well below the value of its helicopter fleet, providing what we believe is an attractive entry point.
From John Rogers (Trades, Portfolio)' Ariel Discovery Fund portfolio snapshot third quarter 2015.
