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Miller Industries Inc V.MLR


Primary Symbol: MLR

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

Bullboard Posts
Comment by daydream1on Aug 30, 2012 8:57am
171 Views
Post# 20278292

RE: Worth $0.135/share in cash plus...

RE: Worth $0.135/share in cash plus...

Takota Asset that is...  I wish I could just say.. I pity the fools how sold... however, I think Takota Asset is just trying to send a signal to the all but 1 and half member of MLR management (i.e. one absent CEO and a part time CFO) to get on with some business... literally.  I just had a looked at ASN financial report.  What struck my attention is the comment that further fund rising will be required in 2012.  Could it be that MLR, under Pala's strong recommendation of course, is holding any investment in order to supply ASN with what they need?   After all isn't MLR Pala's piggy bank?

 

Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction # or value acquired or disposed of Price
Aug 28/12 Aug 24/12 Takota Asset Management Inc Control or Direction Common Shares 10 - Disposition in the public market -3,000
.085
Aug 28/12 Aug 24/12 Takota Asset Management Inc Control or Direction Common Shares 10 - Disposition in the public market -26,800
.080

 

Bullboard Posts