| To: richardred who wrote (5561) | 9/29/2019 12:14:22 PM | | From: E_K_S | | | | This came out last week and to me Google's reach (especially in China) is a bigger threat.
Google’s Quantum Computing Breakthrough Brings Blockchain Resistance Into the Spotlight Again
This week, news has emerged that Google has made a recent quantum computing breakthrough, achieving quantum supremacy. It is being reported that Google, using a quantum computer, managed to perform a calculation in just over three minutes that would take the world's most powerful supercomputer 10,000 years.
According to Gizmodo, it has been long known that Google has been testing a 72-qubit device called Bristlecone with which it hoped to achieve quantum supremacy and the initial report from the Financial Times says that the supremacy experiment was instead performed with a 53-qubit processor codenamed Sycamore.
---------------------------------------------------------
The speculation/rumor is that China is working on (maybe as a partner w/ Google) such a quantum computer w/ the intension to surpass 50% ownership of all cyrpto currency (ie Bitcoin). The talk is it would be first in mining, then in the distributed processing of blockchains. This may/could lead to control/monopoly on the Crypto currency market.
An interesting theory but still decades out. Such a computer could make many/all of the privacy passwords/codes obsolete.
EKS
|
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: richardred who wrote (5110) | 9/30/2019 8:55:31 AM | | From: richardred | | | | Japan eyes tax breaks to steer idle cash into M&A deals
P.S. Maybe time for a re-think on MNTX?. ASV banked.
| To: richardred who wrote (5445) | 8/18/2019 4:41:09 PM | | From: richardred | of 5563 | | | Did a little searching and Tadano. They just made an acquisition so IMO it makes it less likely for a hypothetical acquisition. This in light they already control 15% of MNTX.
Tadano Acquisition of Demag Mobile Cranes Ushers in New Era.
tadanoamerica.com
P.S. I operated a smaller Demag overhead roof crane at work. |
|
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| From: E_K_S | 9/30/2019 9:16:12 AM | | | | | | AZZ acquired all the assets of Preferred Industries
Sep. 30, 2019 9:11 AM ET|
AZZ (NYSE: AZZ) has acquired all the assets of Preferred Industries Ltd., a privately held powder coating company in the Dallas-Fort Worth area. Terms of the transaction were not disclosed.
AZZ expects the acquisition will be accretive to earnings within the first year of operation.
-------------------------------------
Some of these auto supplier/parts services are selling at value prices. I believe there was a hub/wheel company that I was looking at (forget the name) but it was trading at/near multi year lows.
EKS |
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: E_K_S who wrote (5564) | 9/30/2019 9:52:18 AM | | From: richardred | | | | >Some of these auto supplier/parts services are selling at value prices. I believe there was a hub/wheel company that I was looking at (forget the name) but it was trading at/near multi year lows.
SUP ? - Big family interest that I remember. They moved big operations to Mexico. Telsa was a big customer that I remember.
| To: richardred who wrote (3581) | 3/7/2016 10:25:02 AM | | From: richardred | of 5564 | | | | Sold out of SUP today. A core holding. It was a nice yield for holding, but now I'll capture the stock price appreciation. |
|
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| To: richardred who wrote (5565) | 9/30/2019 9:58:45 AM | | From: E_K_S | | | | That may have been it. Recent acquisitions of companies in this sector may indicate that lows are in especially on those that have supply chains in US and/or Mexico. Still need Congress approval os USMCA agreement.
EKS |
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| To: E_K_S who wrote (5566) | 9/30/2019 10:12:14 AM | | From: richardred | | | | 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. |
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: E_K_S who wrote (5569) | 9/30/2019 10:55:18 AM | | From: richardred | | | | 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 |
| | Speculating in Takeover Targets | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| |
