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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 4.610+0.7%Apr 25 3:59 PM EDT

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Cautious_Optimist
To: richardred who wrote (3652)8/5/2014 1:12:28 PM
From: richardred1 Recommendation  Read Replies (2) of 7159
 
My first speculative buy in quite some time. An addition to OMG-OM group. The company has had a recent disappointing QTR. It's trading near it's 52 week low. The company has sold off some old line businesses and payed down debt. Insiders only own 2%. IMO the price has come down where it looks to be a good target for a private equity, or a raider (shareholder enhancer). Adding to the speculative fuel, a hundred million in cash, no debt, good cash flow, and about 32 million shares outstanding. .

RE-recent PR. The company wants to grow through acquisition with its cash and leverage. IMO not a good strategy with publicly traded companies prices that are already high. IMO it would be much easier for someone to push this company to sell itself.

finance.yahoo.com
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