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: robert b furman who wrote (5603)10/30/2019 12:06:24 PM
From: richardred
   of 6546
 
Hi Bob: Just my guess FWIW, but IMO I'd think they keep it? The American love affair with TRUCKS and you should know. :+ ) Given the price of the new ones. I'm guessing profit Margins in trucks must be among the best in the industry? I'm guessing RAM trucks are lagging Ford & GM? Having it as a stand alone with out the backing of a corporate parent IMO weakens the brand. On your side of a hypothetical spin- off. A improve the balance sheet & Scale of small cars as you've stated. To many layers of corporate management in the Ram brand likely leaves the brand less adaptive to quicker change. C/F would still have the Jeep line, a coveted brand and most likely more profitable than Ram. The Ferrari spin -off seems to have went well. This is more your expertise, so maybe I'm off the mark. I'm sure you remember like myself, when AMC owned Jeep. and that weird car the Pacer. Related Thought- It also seems most of the EV are smaller cars. Maybe an Advantage for the European market, and Future US market?

P.S.

I sure miss my Silverado truck. Yeah, I could afford a new one, but I'm kind of frugal when it comes to buying new vehicles these days.

Things didn't seem to work out to well when Daimler owed Chrysler.

Daimler CEO says there are no plans to pursue a merger or spin-off

reuters.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: richardred who wrote (5604)10/30/2019 12:19:55 PM
From: robert b furman
   of 6546
 
Hi Rick,

The jeep fits the European model - smaller.

The big Ram is a North American niche truck. The newest version is gorgeous - especially the interior.

If tariffs ever hit, an all american car builder would win out domestically.

In Europe, North American trucks get clobbered with brutally unfair tariffs.

If equal tariffs, Ram would benefit first with largest dealer body.

It would eb good to see equal tariffs.

I think it would hurt Mercedes/ Land Rover and their SUV's. Trucks would gain market share from expensive sedans. Chrysler really does not have a top of the line SUV. Their trucks might find a home in Mercedes Benz and Land Rover dealerships.

Big change for sure.

I don't think Ram could be sold to Ford or GM due to antitrust reasons?

Consolidation on a global basis is a smart move for gaining scale.

Toyota,and Nissan would gain a work truck, Honda, Mitsubishi, Subaru a truck???

Big bucks , but money is cheap these days.

Bob

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (5605)10/30/2019 12:45:38 PM
From: richardred
   of 6546
 
Good input Bob, right from someone that knows the business with heart & soul. I was thinking Tariffs, but failed to mention it. I agree on the antitrust point. Last Truck I owned brand new . A Mazda extended cab light truck. Which If I remember right, was a Ford JV. Makes me think of The Chicken Tax of a 25 percent tariff on light trucks. BTW- I've never owned stock in a car company in all my investing years. I preferred tow trucks I guess. Miller - MLR which I no longer own. I came close to buying heavy truck co. PCAR-Paccar before.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: richardred10/30/2019 1:34:26 PM
1 Recommendation   of 6546
 
Anixter's stock soars after deal to be bought out by CD&R for $3.8 billion, including debt

Shares of Anixter International Inc. AXE, +15.53% soared 14% in premarket trading Wednesday, after the network security and electrical solutions company said it has agreed to be bought by an affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) in a cash deal valued at $3.8 billion, including debt. Under terms of the deal, CD&R will pay $81 for each Anixter share outstanding, which is a 13% premium to Tuesday's closing price of $71.40, and implies a market capitalization of about $2.7 billion. The deal includes a go-shop period, in which Anixter can solicit other buyout bids through Dec. 9, and a break-up fee of $45 million. Separately, Anixter reported third-quarter net income that rose 25% from a year ago to $59.3 million, or $1.73 a share, while adjusted earnings per share of $1.92 beat the FactSet consensus of $1.65. Sales increased 2% to $2.22 billion, just shy of the FactSet consensus of $2.24 billion. Anixter's stock has rallied 31.5% year to date through Tuesday, while the S&P 500 SPX, -0.10% has climbed 21.1%.

marketwatch.com

Share RecommendKeepReplyMark as Last Read


To: richardred who wrote (5606)10/30/2019 5:13:42 PM
From: robert b furman
1 Recommendation   of 6546
 
Hi Rick,

Paccar is a very solid company - OLD MONEY.

I gained my opportunity to buy into a Chevy dealership, because my partner was a Kenworth and Mack truck dealership owner. He and his partner have most of the Kenworth franchises for the lower half of Texas.

It is a very solid service oriented franchise.

In the USA all kenworth stores are owned by less than 90 very well healed dealer operators. Then there is Peterbuilt, of which the Rush organization is huge.

A great, well capitalized American business, that also exports to the world - especially in the oil patch.

His Houston store ships big trucks globally.

Made the Chevy store I bought into look like a low margin business - but it was my opportunity of a lifetime.

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (5608)10/31/2019 12:07:07 AM
From: richardred
   of 6546
 
Speaking of trucks. I've been a long time watcher of OSK -OSHKOSH CORPORATION- Nice earning just reported.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: richardred who wrote (5469)10/31/2019 12:27:41 AM
From: richardred
   of 6546
 
Sold out of a old SITT pick and another top 5 position-ASTE- Astec Industries yesterday. I was a little disappointed in the CC and prospects seem dismal for now. The stock initially sunk on the earnings news then recovered smartly. Took the rebound opportunity to cash out. If it gets back into the 26 range where I bought my largest chunk. I'll get interested again. I still like the speculative appeal. The new CEO visited all operations. It seemed to me he was sizing things up for evaluation.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: richardred who wrote (5609)10/31/2019 9:04:31 AM
From: robert b furman
   of 6546
 
HI Rick,

Osh Kosh Truck is 45 minute drive from here in Wisconsin.

Some awesome combat trucks and cement trucks.

Some of my sturgeon spearing buddies work there, good paying jobs.

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: Fuzzy10/31/2019 10:58:39 AM
2 Recommendations   of 6546
 
Macquarie Infrastructure Corporation Announces Intention To Pursue Strategic Alternatives
7:54 am ET October 31, 2019 (Benzinga) Print
Macquarie Infrastructure Corporation (NYSE:MIC) today announced its intention to actively pursue strategic alternatives including a sale of the Company or its operating businesses as a means of unlocking value for shareholders.

Share RecommendKeepReplyMark as Last Read


To: richardred who wrote (5610)10/31/2019 1:16:38 PM
From: richardred
1 Recommendation   of 6546
 
Sold out of another top 5 position this morning >20.30 on the good earnings report. Moderate profit -SFM -SPROUTS FMRS MK. Interested in getting back into this company if conditions present themselves. From the tweet below seems like Sprouts would fill a gap area for Walmart.

P.S.


Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10