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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.470-0.5%Jan 21 4:00 PM EST

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To: richardred who wrote (3714)10/6/2014 12:10:05 PM
From: richardred  Read Replies (2) of 6147
 
New buy today- TECU-Tecumseh Products Company IMO the company needs to be acquired to eliminate a weak competitor.

P.S. The Possible Kickers- Symphony & IMO A very good SA piece (reg. Required)was written after I took interest.

NEW DELHI: Air cooler firm Symphony
BSE -0.92 % is eyeing global acquisitions to enter new markets while targeting a 40 per cent growth in sales in the current fiscal.

"We are open to new acquisitions. If some acquisition opportunity comes which will open newer markets for us, we will definitely look at it," Symphony Vice President (Marketing) Rajesh Mishra told PTI.

At present, industrial and commercial sales account for only five per cent of total turnover.

"Industrial and commercial cooling business has huge potential to grow. We expect this segment to contribute 50 per cent to total sales in the next five years," he said, adding that all factories, halls, school and low budget hospitals are ..

Read more at:
economictimes.indiatimes.com
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