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LMI Aerospace Inc. Message Board

  • cpa38 cpa38 Sep 4, 2013 9:28 AM Flag

    What Ron needs to do now

    Ron just needs to suck it up and go, hat in hand, to TGI, now. Ron needs to convince TGI to buy LMIA. Anyone think otherwise? If so, why?

    Almost every single acquisition LMIA has ever done has resulted in destruction of shareholder value. But the latest takes the cake. This Valent acquisition was a strategic blunder, of massive proportions.

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    • ive left 4 phone message with lmia 3 weeks ago with no response.yesterday i sent an em and got a return call.i was told ceo would call far nothing.i sent a return em with several questions 2 being why no inseider buying and since they cant perform in the current positive environment for aerospace companies why hasnt the company been put up for sale.prob reason for no call back

      • 1 Reply to yogifenwayduncan
      • Give Ron a couple more weeks. He's usually three sheets to the wind for a long while after going on his benders. He'll need to sober up before he can dial the phone.

        Honest to gosh, I think TGI is going to hand LMIA it's head. TGI buys the SPR facilities, blocks any business that would have gone to LMIA, and pulls as much outside work back that they can to spread around the extensive TGI facilities. With the limited information available, I just can't determine how much damage that will do to LMIA though. But, it's not going to be minor.

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