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SUPERVALU Inc. Message Board

  • jaavmickey33 jaavmickey33 Jul 18, 2012 7:38 AM Flag

    PROFITABLE

    Shorters talk about BK, this company paid off 2 billion in debt over last 5 yrs, they were giving out a dividend, investing in capitol improvements, and still making a small $ per share. Selling a portion of the company to pay off a grantedly high debt is a good move. BK if it would happen assuming they continue to lose market share is years away. 30 billion a year in revenue. At current prices and cash flow this company is super cheap. Buy out by private equity likely. Of course they will low ball.

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    • If Privite Eq. buys SVU it will probably be in the range of 5-8 bucks. That's why the board want shareholder appoval dropped to 66% from 75% to approve a buyout/takeover. Most likely they would reject or want more from a PE firm or other companies. Anyways BK is off the plate. Listen to CC and you will hear mgnt say BK is nohwere. Once the Income/Divy funds are done selling SVU will probably recover into the 3.50 - 4.00 range and wait for some kind of a buyout/takeover.

 
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