Does anyone really believe that $6 EPS is realistic? CAT said they would be looking in the mining and energy segments for M&A. TEX already unloaded their mining division. Do you think CAT wants TEX's negative margin construction segment and weak crane segment?
If the situation in China continues to deteriorate, like I think it will as their construction ponzi scheme necessarily has to unravel, then Terex will be worth zero. Their only hope is a continuation of the unsustainable construction boom in China. Construction will be dead in the US, Europe, and Dubai for a very long time.