SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsSpeculating in Takeover Targets


Previous 10 Next 10 
To: richardred who wrote (5110)9/30/2019 8:55:31 AM
From: richardred
   of 6521
 
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.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: E_K_S9/30/2019 9:16:12 AM
   of 6521
 
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

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: E_K_S who wrote (5564)9/30/2019 9:52:18 AM
From: richardred
   of 6521
 
>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.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: richardred who wrote (5565)9/30/2019 9:58:45 AM
From: E_K_S
   of 6521
 
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

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: E_K_S who wrote (5566)9/30/2019 10:12:14 AM
From: richardred
   of 6521
 
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.

Share RecommendKeepReplyMark as Last Read


To: E_K_S who wrote (5566)9/30/2019 10:23:39 AM
From: richardred
   of 6521
 
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.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: E_K_S who wrote (5488)9/30/2019 10:36:19 AM
From: E_K_S
1 Recommendation   of 6521
 
'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.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: E_K_S who wrote (5569)9/30/2019 10:55:18 AM
From: richardred
   of 6521
 
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

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: richardred who wrote (5285)9/30/2019 11:17:56 AM
From: richardred
   of 6521
 
Added to KEM today <18.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: E_K_S10/1/2019 10:29:24 AM
   of 6521
 
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

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10