Bullboard - Stock Discussion Forum Coast Wholesale Appliances Inc CWSAF

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Post by Byrocaton Sep 04, 2014 12:47pm

Payout took place

Money's in my account and Coast is gone from my portfolio. Shifted funds to Ten Peaks Coffee and Argent Energy Trust, plus looking at Atlantic Power. OK, I realize that AEN may be in freefall ...more

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Post by Byrocaton Aug 25, 2014 9:41am

Special Meeting Results

Looks like end of a good run..... https://online.wsj.com/article/PR-CO-20140822-910090.html

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Comment by Byrocaton Aug 20, 2014 8:47am

RE:RE:Privatizatin question -- special meeting on Aug 21

Pretty much what I'm going to do myself, though I voted in favour of the proposal. Guess we'll have to wait until Friday and see what comes out of the meeting. I managed to get my ...more

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Discussion

Comment by esrdirecton Aug 19, 2014 10:02am

RE:Privatizatin question -- special meeting on Aug 21

I too, only have a few shares left and my broker said to just leave them and let the process happen. They will be taken from us and the monies paid without any fees. At least this is what the ITrade ...more

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Post by Byrocaton Aug 08, 2014 7:07am

Privatizatin question -- special meeting on Aug 21

Got the package, sent in my proxy. What is everyone else's comments or opinions on what will happen and the approximate timeline for completion of the process? Got a small amount of ...more

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Discussion

Post by esrdirecton Jun 05, 2014 5:30pm

Any News?

I was under the belief that today June 6 was the date for an answer.

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Post by Marginal_Investoron Jun 01, 2014 8:44pm

Remaining shares to be tendered

As previously disclosed, Coast and CWAL have agreed that upon the minimum tender condition of the Offer being satisfied, Coast will conditionally waive the application of its shareholder rights plan ...more

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Comment by Byrocaton Apr 27, 2014 8:07am

RE:RE:20% jump in share price - 3 original owners to take private

Update: the BofD rejected the original offer and started a Stockholders Rights process (read poison pill), both parties wound up in front of the BC Securities Commission (or went to them) and a second ...more

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Discussion

Post by w6w9t8015on Mar 07, 2014 1:01pm

cwa

i would not be surprised if the offer gets upped maybe 4.75

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Post by tinman1957on Mar 06, 2014 10:20am

congratulations

This is a pretty thinly traded stock but it payed a great dividend over the last 5 years or so that I owned it. Up until the point of this offer I was waiting patiently for a housing market boom ...more

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Comment by esrdirecton Mar 05, 2014 10:36am

RE:20% jump in share price - 3 original owners to take private

Tuesday, March 4, 2014 Dear xxxxxxxxxxxx As you may already have heard, earlier this afternoon Coast Wholesale Appliances Inc. received an unsolicited takeover bid from CWAL ...more

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Discussion

Post by esrdirecton Mar 05, 2014 9:52am

20% jump in share price - 3 original owners to take private

Woohoo great news. Negotiations starting for the 3 original owners to buy the company back and take it private again.

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Discussion

Post by tinman1957on Nov 07, 2013 8:52pm

3rd quarter 2013

They remain cautious but they are selling lots of stuff.... also remember that the 4th quarter has the annual volume rebates from suppliers that could be pretty juicy for these guys with increased ...more

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