Fri, Jan 30, 2015, 7:04 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Fresh Del Monte Produce Inc. Message Board

  • insite333 insite333 Nov 4, 2006 5:46 PM Flag

    FDP is going to $12, but would be a...

    BIG buyer at that level. Forward P/E of 18 is too high for this company that is having many problems arise. At $12 FDP would have a forward P/E of 14, and a price/book ratio of 0.62.


    (Check my profile for a list of some interesting and helpful sites)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • This mgmt team does not want to run a public company, they will seek to take it private soon. The bottom may be here and the tender will be $17-19 or the bottom may be 12 as you say and the tender will be @$15, but they WILL have to offer a premium. Fidelity, Brandes, and other large inst. shareholders will not go away without getting alot of their money back.

      I think there will be a tender at $17.50 in 2007. Investors will laugh and the tender will be raised to $19 and will be successful.

 
FDP
33.63-0.69(-2.01%)Jan 30 4:04 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.