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Cooper Tire & Rubber Co. Message Board

  • aroundtheworldin30days aroundtheworldin30days Oct 15, 2013 7:54 AM Flag

    $38 buyout or vote NO next round.

    There are plenty of buyers far better capable of bringing a deal to fruition than Apollo.
    Furthermore, a Chinese, European or American buyer would benefit from expanded technology and patents held by Cooper. They have a real lead in the truck business.

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    • Several companies such as Chinese, European, USA could easily bid $38 and get this over with and benefit from their acquisition.

      For example, reasons China would benefit from a takeover of CTB

      1. CTB has a major 5,000 employee plant in China.

      2. China is close to a major new market for CTB: Russia.

      3. CTB major trade route to / from USA makes efficiency greater efficiencies.

      4. China needs more presence in USA / Americas delivering high quality products such as tires.

      5. USA gaining on Asia in carbon based products (oil & gas surplus) makes sense for China for hedge on input costs for tire production (and other carbon based products).

      6. India has minimal export knowledge other than human resources whereas China does.

      7. Costs of inputs such as natural gas are becoming extremely inexpensive in USA making companies like CTB more competitive.

    • buygreatstockswhenwhacked buygreatstockswhenwhacked Oct 18, 2013 1:21 PM Flag

      When you consider their product mix, patents, worldwide presence and significant reductions on input petroleum based costs, $38 is quite feasible from a takeover perspective. I just hope this isn't taken over by a hedge fund for less than $35.

      Sentiment: Strong Buy

 
CTB
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