Well, I'll agree with you that this is worth at least $25 per share. This puppy may touch $30 in the next 18 months if the steel pallet business takes off (and should) which also further enhances a buyout.
But I cannot agree with the $72 per share for SMG you posted over there a couple of weeks ago. That's a sole proprietorship (function) being operated as a public corporation (form). A great name / brand which is underperforming. I wish Buffet would buy them out, or DuPont, or somebody. JMHO.
The hillbillys running this outfit are about as dumb as dumb gets.
With the management changes they have put in place and the talent they have lost...its a wonder they are still operating. The bozo they have leading the steel sales group knows as much about managing as Hillary does in leading the country.
I have thought the last year was a setup for a buyout..but until Mr. Mac passes, that is not happening. But when he does...buy as much as you can, Little Mac has more interest in his Blue Jackets (nice year again Little Mac) than he does in steel.
The cash cow of Dietrich is over...and the Nucor's of the world will bury this company over the long haul...better get what you can shareholders, but don't expect much.