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Appliance Recycling Centers of America Inc. Message Board

  • snds10 snds10 Oct 8, 2012 4:22 PM Flag

    Time to go private?

    The valuation seems like we could take it private and we could make some money. I don't like the lack of liquidity but would be willing to give it up at current levels. If we could round up a group of investors both big and small I think it could get done. Maybe a minimum one percent buy in?? Anybody think this could happen? There are some investors that already own a large percentage so buying up the remaining may not be that hard. I'm a small investor but a group of 20-30 should be enough. Have a nice day.

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    • I have 750k to invest if your serious. I own a chain of scrap metal recycling centers in Wisconsin. I strongly feel as if this company is extremely undervalued considering the growth that we have witnessed from ARCI in the last 3 years. Considering the economic issues with our currency in this country we could see a huge increase in metal prices due to inflation which would make this company extremely profitable on the back end of their process providing they can properly manage their overhead.

      Sentiment: Strong Buy

    • I suppose it could be a good deal for you if you manage to get in on it. But usually management buyouts involve management getting a bargain on a low-profile stock because there aren't enough institutional investors or media attention to ensure shareholders aren't getting robbed. I don't think it would be a good deal for most shareholders. I also think it would be a terrible idea if it involved debt because the company simply isn't generating enough cash flow to service it.

      • 1 Reply to nooosheeep
      • I agree that to try and issue debt to do the deal wouldn't work. I put in couple orders to buy more at $2.30 today. It seems a little low to me at these levels and I want more shares. Who knows where it will be in a year or two but seems much higher but I never thought it would get back down this low. Have a nice day.

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