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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (4456)5/16/2017 11:50:51 AM
From: richardred  Respond to of 6989
Added some MNTX leap calls today. Changing SITT board tracking stock from INCR to MNTX today.

To: richardred who wrote (4456)5/26/2017 12:14:58 PM
From: richardred  Respond to of 6989
RE- MNTX Speculation- A speculative hypothetical acquisition due to the elimination of competitor pick. Annual Meeting coming up June 1. IMO bringing ASV public puts a realistic market valuation to the unit. Beforehand MNTX owing 51% and TEREX owning 49%. One has to remember the ASVI acquisition by TEX in 2008 for 488 million. In hindsight, a big overpay. IMO this sets up the unit for a possible acquisition in due time by a good established dealer network ASV competitor. IMO CAT's already a customer and make sense. RE- P.S. After all, they cashed in some 100 million+ the first time. This also being at a big discount from the TEX purchase price. If and when this hypothetical happens. MNTX gets the exit it now seeming wants to concentrate on it's mainstays. Proceeds most likely improving on a much improving balance sheet. IMO this now sets up a MNTX catalyst for the elimination of a competitor pick among competitors. It also gives TEX the chance to buy MNTX at a reasonable valuation to add to their crane lines. A little kicker TEX already owns 6.8% of MNTX. MWMMI- long the common & Call options presently. Ive been extending the boom, but I could still drop it.

Snip>Caterpillar Inc. (NYSE:CAT) a large ASV customer and owner of 23.5% of ASV shares, has indicated its support for the merger.

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To: richardred who wrote (4456)3/4/2018 8:05:04 AM
From: richardred1 Recommendation

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  Respond to of 6989
RE-ASV speculation It appears MNTX is scaling out of it's ASV stake. I found it a little surprising they sold at this point in time. MNTX sold 1 million ASV shares @ 7 below the market trading range of 8. The proceeds should help MNTX reduce debt even more should they choose to do so. They also have some million more ASV shares left should they decide to scale out altogether. IMO this gives credence on a new theory. I'm Guessing Possibly a privately equity firm looking at ASV down the road? This especially if MNTX scales out altogether. However TEX/TEREX should have a big say in whatever happens

P.S. MNTX 8k snip>separately negotiated transactions with unrelated institutional purchasers on February 26, 27 and 28, 2018, each at $7.00 per share. The sales were effected pursuant to a resale registration statement on Form S-1 (File No. 333-222142) filed by ASV and declared effective by the Securities and Exchange Commission on December 22, 2017. Following the sales, the Company owns 1,080,000 shares of common stock of ASV.

Looks like TEX took a stake in MNTX. I am a former ASVI holder and TEX holder. This venture with the TEX investment in MNTX should give TEX about an 8% stake. CAT owned a big piece of ASVI which TEX eventually bought out. IMO if the venture works out well. I can see TEX wanting the whole thing.
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RE- GEHL was eventually acquired by manitou
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