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Terex Corp. Message Board

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  • all4wishes all4wishes Aug 20, 2010 2:20 PM Flag

    Takeover?

    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?

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    • 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.

 
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