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The Manitowoc Company, Inc. Message Board

  • munirqasim42 munirqasim42 Feb 13, 2013 10:47 AM Flag

    If MTW is take over candidate and by whom?

    Does any body think TEX may have shot on MTW to consolidate operations. CAT or DE would not buy it. Who else may be interested in it. It is performing very good. On down days MTW is up. Any input in it?

    Sentiment: Strong Buy

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    • Here we go again,,,,,,How often do we hear about this "take over / buy out " #$%$. This seem to Pop-Up every 6 months.
      There'll never be a take-over!!! Why you ask ?? Because the board has a "Poison Pill" in place. As to a buy-out ?? I think the Manitowoc community would Tar & Feather Glen if he sold off either division.
      Which division would you buy? The Ice div. with it's 1-1/2 billion dollar debt or it's Crane div. with all it's inventory being stored all over the county rusting away??

      • 1 Reply to burgersboat
      • If a buy out of the Co. or a sell off of the Food Service division is out of the question, what is behind the latest runup of the share price? A 32 PE is rather high for a manufacturing Co. Is it a large institution taking a major position, usually they try to buy on reduced price and not drive up their purchase cost.
        Expectation of future growth would be a little ahead of itself. I owned shares going back to the $40's and it would take a strong world economy to get back to those days, however not impossible.
        We seem to have settled just below the $20 mark, if we break above that then it has to more then the past 4th Q results.

        Sentiment: Strong Buy

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