Recent

% | $
Quotes you view appear here for quick access.

Gencor Industries Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • all4wishes all4wishes Aug 24, 2009 7:34 AM Flag

    earnings hit

    do they want to? probably.
    Can they? doubtfully

    A private transaction would be above $10 per share (book value) and probably closer to $14-16.

    That translates to $130-150M enterprise value, less $60M in cash or $70-90M. They wouldn't get financing.

    The good news is that this stock is trading at cash value and should have great upside when highway spending kicks in.

 
GENC
11.66-0.12(-1.02%)Sep 23 4:00 PMEDT