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Terex Corporation Message Board

  • seabreaze789 seabreaze789 Dec 13, 2012 1:29 PM Flag


    James, are you following SVU yet and if you are, what are you thinking?

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    • i have followed it for like a year but following doesn't mean I am at all interested. I don't ever buy something cuz it will be acquired. So getting that out of the way that isn't in my focus.

      2) Their results suck. I am waiting for them to show some sort of turnaround. All I see is them continually deteriorate in their results. So I am following them but I don't think their stock is attractive currently. But if I see some sort of turn in their results then I can change my opinion.

      • 1 Reply to jamessmarson3
      • like unlike TEX, whose results deteriorated for a reason (recession) and where showing huge improvements when i bought SVU's results have deteriorated not for a reason, more just because they are a #$%$ company. And they have shown no improvements in facts their results consistently get worse. SVU was making 200 M of adjusted earnings last year and last quarter they made I think close to nothing.

        On top of that their financial situtation stinks with a big negative tangible equity. Honestly if you're interested in a grocer look at Delhaize. I have that much more closely on my watch.

        Delhaize's results have also gotten worse but they are still amazingly profitable and they do show some effects of a turnaround.

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