Lindsay Corporation Message Board
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International Strategy
I am wondering how LNN is tackling the promising
international markets. Africa, for example, must present a huge
opportunity for LNN. True, African dictators are still not
interested in spending money on the well-being of their
population. However, a good sales pitch, pointing out
enormous agricultural efficiencies gained with LNN
equipment, may have its positive effects in a great many
saharan and subsaharan countries.
So far, the only
meaningful US business interests in Africa are still tied to
oil exploration, precious metals and base metals. In
agricultural equipment (and services), LNN could make a huge
contribution which would not only make sense from a social and
environmental perspective but also from an economic one. Both
of these factors would be extremely well-received by
Wall Street.
In short, if a well-coordinated
international strategy were implemented and properly sold to
Wall Street, I believe that this stock could have
tremendous upside potential.
Just an idea. Any
thoughts?-
Did not read the Barron article but i have
followed this company as long as the bass family-Parker
was there along time as ceo he did not need to have
his hand in the cookie jar and was paid commensurate
with his tenure-that is irrelevant at htis point
anyway-its a value play but without growth and tentative on
the acquisition front-loaded with green but not used
to shareholder interest more a security blanket in
my opinion-its a pure play in center pivot
irrigation and outsource manufacturing seasonal and cyclical
what a combo and naturally i bought it years ago. -
I heard that Parker was fired and did not retire. An insider reported that it was possiblr that Parker had his hand in the cookie jar.
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Didn't necessarily mean he was driven for the employee, or the general good of the company...should have clarified I meant when it came to himself.
ST -
he has been at the helm for along time in
possession of the cash to grow by acquisition as a stated
goal-the bass family has been rattling the cage for some
time -agree so far? he never pulled the trigger after
examining with his staff many opportunities-still agree?
they had to be cajoled into paying dividend when they
had cash sitting- still do have a couple dollars a
share in cash last time i looked-take yourself private
buy it all back as you have to make an appointment to
buy this stock anyway-he did the job but was
conservative in a cyclical business -i agree something may
break here! -
Have to note here that Parker is anything but
"not a driven guy". He is typical of the type of
person it takes to run a successful company, VERY
DRIVEN. That is why, I find it very hard to believe he
has retired. People of this position just don't
retire. There has to be some strings attached to this
somewhere... time will tell. I can't help but think it is
attached to good news in the long run.
Happy
trading,
ST -
It appears as though Parker is not the only one
who is not getting too excited about changes. When
the COB/CEO/Pres. announces his pending retirement
and the market totally ignores that announcement, you
begin to wonder if it really matters. Doesn't anyone
care?? -
there is no apparent reason for the stock to be
trading at the top of its range.Parker is a deer with his
eyes in the headlights- he could not pull the trigger
on any acquisitions for 10 years -he is probably
very comfortable and it would serve him right if lnn
was taken over i am sure the bass family would
welcome a suitor! I am sure he would be well compensated
in that event! -
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While Lindsay continues to chase Valmont in the
U.S. they continue to lead internationally. I have
confidence that picture will not change. On the other hand,
drought, flood, and low crop prices in the U.S. have
scared farmers into withholding new investment in
irrigation systems. LNN management could have avoided this
situation by using their cash to diversify away from
farming. We have been promised such company purchases for
at least ten years, but it has not happened. With
analysts forecasting 75 cents this year and 95 cents next,
our stock is not cheap.
The price increase
from $15 to $21 came on low volume, and the recent
retreat has reflected the same disinterest. Gary Parker,
it's time to move.- 3 Replies to sprv
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Were should Gary Parker move to?
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Gary Parker only cares how much money he get.
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I've heard from an insider that Lindsay is spending it's cash on a new 5 million dollar office, and the lay offs are just around the corner with the abundance of rain and the poor farm economy.
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