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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.8400.0%Aug 12 12:00 AM EDT

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To: richardred who wrote (3119)9/16/2014 11:16:55 AM
From: richardred  Read Replies (1) of 6377
 
New Buy today JVA -Coffee Holding Company, Inc.

FARM-Farmer Brothers worked out well for myself. JVA reported disappointing earning and the stock took a hit. IMO the reflected price at under 6 now represents some staying power till earnings improve. That reasoning based on the company's buy back program. I also like the China venture to open a coffee shop. If successful, it could maybe open the door for a poor mans Starbucks. I can only hope they hedge right going forward in coffee futures.

PR snip>"Also, during the past quarter, we purchased 99,815 shares of our own common stock at an average price of $6.59 in the amount of $657,536 under our previously announced share repurchase program pursuant to which we may purchase up to $1 million of our outstanding common stock. While we did not yet fully maximize the total dollar amount authorized by our board of directors, we continue to remain alert for future opportunities based on our evaluation of market conditions and other factors that may give rise to further repurchases," added Mr. Gordon.

P.S. Speculative appeal is also there IMO. I think Sysco or would be a good parent.

Joh. A. Benckiser to Buy Caribou Coffee for $340 Million ..
dealbook.nytimes.com

J.M. Smucker Completes Acquisition of Rowland Coffee
bloomberg.com



Mondelez and Douwe Egberts maker in coffee mega-merger
Mondelez will receive $5bn in cash and a 49pc stake in the combined business which will have $7bn of sales
telegraph.co.uk
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