RE:RE:RE:Agoracom interview "Acquisitions"I posted this a couple of weeks ago... I think they would be a good target.
With all the new contracts potentially coming in, the next issue for pyro may very well be the fact that they are constrained by current production limitations (one facility can only produce so many torches). Those that have watched Peters latest agoracom interview may recall his answer to the question of outsourcing production. Peter said "I am not a fan of outsourcing". Peters backgound is as an investment banker so an acquistion would be in his wheelhouse. So who would be a good target?? For me the keys are... 1) Manufacturing capacity 2) Plasma expertise 3) Track record of performance 4) Synergies 5) Value. Once the ink is on the first contract banks will be tripping over themselves to give us what we need in terms of financing for any deals. I know what some of you are thinking.... We take out GE right?? Well not yet. How about a company that makes plasma torch systems, has manufacturing capacity, is based in an area that is the carbon reduction initative capitol of the world, has there own patented plasma technology AND has been around for over 30 years. Yes this company exists!!I
The company is Scanarc... Let me know what you think of acquiring this company. Link below
https://scanarc.se//
PS-This is likely the company we out bid for the RISE contract.
CndnBacon wrote: I agree, Vers...HPQ is a very unlikey target for aquisitions. Manufacturing Facility with skilled workforce, and Patent Purchases seem to be the most practical direction, if/when that time comes....
vers1demainvert wrote: I don't think that a buy out of HPQ is in the works as Peter is more in the mood of spinoffs and PYR already owns a big chunk of their shares but increase participation is not to be dismissed. On the other hand I agree that acquisition of one or more torch building companies could make sense for the reasons you mentioned. A third option could also be a foreign company that works in the same domain for this would protect PYR from protectionist policies (U.S market).
TerryG wrote: From the GREAT interview I would like to suggest two acquisitions. First guess is likely HPQ. My second guess, and likely more important, would be to absorb the secondary companies that are lined up to build the torches. Bringinging these "In House" would solidify control and increase the share of total profits.