Only if they were previously. The move on BOX was by an external player, not a sign of anything inherent in the industry. Also, given that TAL is around twice the market cap and TGH is closer to 4x (even after the purchase premium on BOX), it would be a much bigger commitment.
I sold my BOX little bit less than 23. It is good that I made a few quick bucks.
But the premium 3.50 really is too small. Seacube would pay dividend more than 3.50 in less than 3 years. If I had liked BOX as much as TGH, I might have stick with it and vote NO for the buy out.
TGH is the leader in the industry. 4 times the market cap is a bigger commitment. Is it too big? I am not sure about that. In any event, the chances TGH get bought out are anytime soon is small. TGH getting into S&P 500, and attracts more institutional investers is a certainty. Particularly with China turning around.,,