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

To: robert b furman who wrote (4820)3/21/2018 10:54:12 AM
From: richardred  Read Replies (1) | Respond to of 6147
Hey Bob:
I guess I'm going big with Brand Names or staying home. <g>

Guess what Bob your not the first person to mention that company on this board. I had this one on the watch list for awhile. Should of could of. Sigh!

From: morokko655/27/2005 11:02:18 PM

Read Replies (3) of 4821
ARMF: a small microcap food company

This is a small Italian food co in San Francisco area. The CEO was formerly affliated with McCormick Shilling in the 1970s. He is 76 or 78 year old. The company has been public since 1990 and has a relatively small float. They are flush w/ cash & have no debt. They pay a 7% dividend.

The downside is: illiquid stock, low revenue growth, boring industry sector, low visibility. The Family owns most of the shares.

I have been long for many years and have felt that a takeover of some sort would eventually happen.

so far this year, they intended to take the co to the pinks due to the high cost of Sarbannes Oxley compliance. That was abruptly reversed.

2 mutual funds took a small stake in 2005, which has been rare over the years

a director bought a nice chunk last week

the CEO indicated that they were investigating "strategic alternatives to being a public company" in a recent news release.

The annual shareholder meeting ( a regular event in the last 11-12 years) did not happen, with no comment from the co.

My worry is that they go private at only a small premium, but they could be bought by PSTA in nearby Monterey

Message 21367236
Message 21377027
Message 27079373