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


To: E_K_S who wrote (5566)9/30/2019 10:12:14 AM
From: richardred  Respond to of 6101
 
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.



To: E_K_S who wrote (5566)9/30/2019 10:23:39 AM
From: richardred  Read Replies (1) | Respond to of 6101
 
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.