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.
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.