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Miller Industries Inc V.MLR


Primary Symbol: MLR

Industrials
Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to its customers. Its products are marketed and sold through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, and Challenger.


NYSE:MLR - Post by User

Miller Industries Inc
Bullboard Posts
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(3)
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Comment by daydream1on Jul 05, 2012 12:02pm
220 Views
Post# 20084718

RE: RE: RE: further to my last post!!

RE: RE: RE: further to my last post!!

Even more interesting would had been that NCU took over MLR shares at the same $1.90/shares as Pala just got.  NCU has a lot of value and could had made use of MLR's cash and tax loss pools effectively.

Not sure why MLR management did not put forward that option instead of investing into ASN.  That would had been beneficial for the retail share holders of the stock and warrant.  But, has someone already mention MLR is just Vladimir Iorich piggy bank to use. 

On another note, today insider filling for ASN shows that our glorious ex-CFO just has an insider opening transaction with ASN.  What's up with that? 

 

Goodluck

D.

Bullboard Posts
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