CEO Fifer quote from CC today..."I would be delighted to acquire S&W with RGR stock"
Here is my take on that....SWHC could be bid up 50 percent and still be accretive to RGRs earnings....that's before we talk about the efficiency gains which could be quite substantial....here's how it would be done.....a big fish(activist investor) needs to take down a greater than 5% position in SWHC stock and raise enough hell on S& W board to get them to initiate some action with RGR......what p*sses me off is that there are already institutional investors who control enough stock to do just that but apparently they are too busy playing golf with all the dog gamn management fees they collect for sitting on their duffs.....this was the first time I heard anyone from RGR mention they were interested in growing any way other than organically....IMHO this is MONUMENTAL....I believe an announcement of RGR's interest in SWHC would cause BOTH stocks to go up....and set off a dual short squeeze....
I don't know...It would be like Ford and Gm merging. What's the point? Where is the synergy that would increase total earnings? How would you brand such an animal? At some point it seems like one brand would get diluted if not eliminated.
Consolidate all Sg&a
Fire worthless directors,
Consolidate shrinking segments, wheelguns.
Rationalize weaker segments
Focus marketing effort
Improve capital availability
Swhc should act now and act fast.the swhc directors can make the cashing out of their last option grants a royal swan song. Swhc will not have the opportunity otherwise to get the price anywhere near the $15-18 range it should be