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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: E_K_S who wrote (5566)9/30/2019 10:12:14 AM
From: richardred
   of 6101
 
I've taken notice today. The RV sector has been strong today. RE:THO-Thor- % Gainer-Better than expected earnings and the group seems to be tagging along. PATK-PATRICK INDUSTRIES INC-WGO-WINNEBAGO INDUSTRIES INC-CWH CAMPING WORLD HOLDINGS INC.

Besides WGO-Thor recently bought into the marine group with an acctetive acquisition. From a speculative aspect. IMO this is encouraging for my recent HZO purchase.

Patrick Industries, Inc. Completes Acquisition of G.G. Schmitt & Sons, Inc.
BY PR Newswire
— 8:02 AM ET 09/30/2019
ELKHART, Ind., Sept. 30, 2019 /PRNewswire/ -- Patrick Industries, Inc. ( PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of G.G. Schmitt & Sons, Inc. ("G.G. Schmitt"), a designer and manufacturer of customized hardware and structural components, including marine towers, seats, ladders, handrails, port lights, and other metal hardware and related products, primarily for major OEMs in the marine industry. G.G. Schmitt is headquartered in Lancaster, Pennsylvania with two additional locations in Sarasota, Florida and Summerville, South Carolina. G.G. Schmitt's trailing 12-months revenue through August 2019 was approximately $20 million and the Company expects the acquisition to be immediately accretive to net income per share.

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To: E_K_S who wrote (5566)9/30/2019 10:23:39 AM
From: richardred
   of 6101
 
BIG YES-on USMCA approval- However I took a re-look at SUP. I like what I saw. I feel the current price discounts a non USMCA agreement. > 3 I bought into some shares today.

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To: E_K_S who wrote (5488)9/30/2019 10:36:19 AM
From: E_K_S
1 Recommendation   of 6101
 
'Stars are aligning' for Emerson, RBC says in upgrade

"We continue to believe that a two-way breakup separating Automation Solutions (66% of sales) and Commercial & Residential Solutions (34%) could transpire before Farr's departure rather than after," RBC analyst Deane Dray writes.

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To: E_K_S who wrote (5569)9/30/2019 10:55:18 AM
From: richardred
   of 6101
 
Besides USMCA non approval-GM strike is most likely hurting suppliers. I no longer own MEI #4 on this years SITT list. It's had a nice run up since my purchase. I still like the speculative aspects of it. It looks like their recent acquisition integration might finally be bearing fruit.



P.S.



SITT 2019-With Brief Hypothetical Takeover Reason & Fit

1. CTG- Computer Task Group Inc-Staffing M&A volume increased 28% YOY in 2017-Private Equity/ASGN?
2. VPG- Vishay Precision Group- Cree- Wolfspeed fit
3. ASYS- Amtech Systems Inc- Solar & Semi. eqp.-Oxford Instruments-KLA-Tencor?
4. MEI- Methode Electronics Inc-Supplying cars of the future.Magna Int-Fit
5. BLMN- Bloomin Brands Inc-Outback Steakhouse-Tillman's Empire build? -Private Equity
6. LWAY- Lifeway Foods- Smolyansky family cashes out ?Chobani ? With Danone ROFR
7. TAYD- Taylor Devices Inc- Mr.Taylor retires-Mageba Fit.
8. IEC- IEC Electronics- Made in USA -Electronic MFG. Services-Private Equity
9. VSH- Vishay Intertechnology Inc-Leader Mosfets-Acquisition lull-A Texas Instruments Fit?
10. ASV- ASV Holdings Inc- Infrastructure pure play-shovel ready-Kobota/CAT fit-- Bullseye-Yanmar Buyout

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To: richardred who wrote (5285)9/30/2019 11:17:56 AM
From: richardred
   of 6101
 
Added to KEM today <18.

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From: E_K_S10/1/2019 10:29:24 AM
   of 6101
 
Upland +7% on InGenius acquisition, guidance update
Oct. 1, 2019 10:21 AM ET|

Upland Software (NASDAQ: UPLD) is paying $26.4M in cash to acquire the Computer Telephony Integration provider for enterprise contact centers.

The deal also comes with a $3M cash holdback payable in 12 months.

UPLD updates its 2019 forecast to revenue of $213.8-217.8M and adjusted EBITDA of $78.8-80.8M.

The deal is expected to add about $9M in annualized revenue and add immediately to the adjusted EBITDA per share.

Upland shares are up 6.9% to $37.26.

------------------------------------------

InGenius provides a "Linked-In" type services. This software Buy could be one of the platforms they use . . Interesting as price not that much to bolt-on the new service to their Enterprise Customers

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To: E_K_S who wrote (5409)10/1/2019 11:05:12 AM
From: richardred
   of 6101
 
RE: Maybe the food depression is over and we have seen the lows

McCormick On Pace for Largest Percent Increase In Over a Year -- Data Talk
BY Dow Jones & Company, Inc.
— 10:46 AM ET 10/01/2019

McCormick & Company, Incorporated (MKC) is currently at $163.87, up $7.57 or 4.84%

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From: richardred10/1/2019 11:11:01 AM
   of 6101
 
U.S. Steel takes first step toward acquiring Big River Steel
bizjournals.com

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From: richardred10/1/2019 12:32:02 PM
   of 6101
 
New buy today. It might not be a level headed decision. However,although small, I liked the recent insider buys, new products and nice balance sheet. Family Company
starrett.com

P.S. My Father was a Tool & Die Maker. While attending RIT. Mr. Gleason's son of Gleason works family was in my fathers class in RIT.

en.wikipedia.org

I still have a few of his Starrett tools I still use today.

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To: richardred who wrote (5565)10/1/2019 2:45:02 PM
From: E_K_S
   of 6101
 
GM to idle plant in Mexico due to parts shortage
Oct. 1, 2019 1:36 PM ET|About: General Motors Company (GM)|By: Clark Schultz, SA News Editor

General Motors ( GM -3.1%) says it will idle a pickup plant in Mexico due to the impact of the UAW strike.

The automaker says the decision is due to a parts shortage.

6K GM workers at the location will be temporarily laid off.

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