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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 4.280+1.4%Apr 17 4:00 PM EDT

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To: richardred who wrote (3228)8/26/2014 12:42:33 PM
From: richardred  Read Replies (2) of 7159
 
RE-SKY-Skyline- Reported earnings just recently released. The company is still not cash flow positive yet. A turnaround that has yet to materialize. The company seems to be selling off everything, but the kitchen sink. After the company plane, excess land, idle facilities, and life insurance policies. I'm not sure how much is left to sell off. The thing that's keeping me here. Insider ownership at close to 50% and the synergies with Buffett's Clayton homes. YH Reported book value is down to around to four bucks.

One bright spot seemed to be increasing orders the manufactured homes segment. Although much of that might be due to a one time order from a manufacture homes community. The trailer segment has been a total drag. The consolidation of those facilities or an outright along with a better product mix has me hopeful.
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