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Alpha Natural Resources, Inc. Message Board

  • j.jacos j.jacos Mar 2, 2013 10:21 AM Flag

    Book Value and Aquisitions

    ANR is currently selling for a third of it's tangible book value. If a private equity firm decided to buy it today, they would walk away with a %200 profit by just selling off assets alone. What makes you guys think that ANR isn't setting itself up to be bought out? They are the largest producer of metalurgical coal which is needed for construction. Emerging markets need tons of metalurgical coal and are importing it on an unprecedented scale and ANR is poised to meet that demand more than anyone else.

    I think there's going to be a buyout in the next couple months, most likely from Peabody or maybe even a private equity consortium. If I could buy something for 1/3rd of it's tangible assets while everything else in it's peer group is selling at book value, I would buy it in a second.

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ANR
0.9877-0.0423(-4.11%)Apr 17 4:00 PMEDT