You mean a buyout. You must have a ton of time on your hands to log into different computer to recommend your posts 10 times (LOL)
Will other circuit board makers consolidate to eliminate weaker competitors and increase margins?
After reading the paper work for the tender. It seems the boards excuses for their past failures are their biggest reason for supporting the bid. Two years ago the stock traded in the fives without a Takeout. What"s the company worth in a liquidation? Over 5 dollar book value.
Hurd the New Oracle CEO. Will he want to make an Acquisition soon? Or will Meg step in and show she can integrate better? SAP already made their move. Is IBM tired of buying back stock? EMC?
Why bid against yourself ? Because they might not draw enough shares in to complete a merger. IMO In that case they will extend the date of the tender offer. I haven't seen any documents from my broker yet or independent appraisals or fairness opinions.
IMO it just comes down to basic commodity economics. WTI price is down and so it filter's down to those who own those assets. Especially smaller tiered players like MCF. That doesn't rule out they can't be making great drilling discoveries for near term boosts. IMO it also makes for a perfect time for those bigger companies who want to take a longer view to acquire assets at a discount. Just like I said before here. ECA possibly being interested in MCF once their recent divestiture is completed. It may make a new low yes, but personally I will do some dollar cost averaging here. Why, because I think the price now reflects a good diversified portfolio choice a couple years out.
OTOH- Why else wood Monomoy want to close so fast? Monomoy has to fear of what next Qtr, earnings would bring if they play tender timetable or walk. If their sequentially positive. Then the board can foolishly tell us shareholders why they felt 4.30 was a good deal for us. This when the company has some new products and earnings momentum going forward. Lets hope COBRA uses some of those tax loss carry-forwards this year to bolster earnings. Anything positive and the shadowed bidder might come backor the price will be higher on it's own. . Negative-and the board can tell us why they should stay.
P.S. Not an apple to apples, but Hoffman L made a bid that failed to buy Illumina for $44.50 then 51. Today Illumina trades at 177.
Applied Materials says customers are using its equipment to make batteries, but it won’t disclose who those customers are. The company says, however, that one of the first commercial applications of its equipment will likely be making batteries for wearable devices, such as smart watches, where size is a serious limitation.
Solid-state batteries can also easily be made in different shapes because you don’t have to worry about containing a liquid electrolyte, making them easier to pack inside a watch, for example. Thin solid-state batteries could even be incorporated into a flexible watch band.
First insider sale of ULBI in some time. Still the company is debt free and trading below book.
A possible opportunity in the future? One of the things Apple did not address on stage during its iPhone 6 event is battery life for the Apple Watch. No battery life breakthroughs were talked about today.
ROCHESTER, N.Y., Sept. 11, 2014 — Harris Corporation (NYSE:HRS) has received an $88 million order to provide a country in the Middle East with Falcon III® wideband tactical radios and accessories as part of an overall modernization effort.
Harris Corp. lands $19M radio contract
Sep 16, 2014, 11:38am EDT
Harris was awarded a new contract to provide the Air Force Special Operations Command with up to 1,500 Falcon III wideband radios and accessories
I guess we will have to wait till the annual meeting on the 22. The company doesn't have the time for a turnaround in RV. IMO Sell it for the best price you can, take the write down.and be done with the unit. MFG. Homes is the best chance. At least that unit had a sales increase. Although some of those sales were due to a one time sale to a distributor.
I don't think twenty. 7 seems more reasonable. However the company has closed above 5 for 19 straight days now. I like what I see going forward into the next Qtr.
Do we get lawyer fee reimbursements from the insurance co?
Good question. Also maybe IEC lawyers, if penny wise and not dollar foolish can counter sue and ask for reimbursement of litigation costs from the plaintiff lawyers?
Lets wait to see if the plaintiffs appeal first. If they don't, then it's defiantly a positive. The company doesn't have the cash for a long dragged out lawsuit.