OTCPK:STVMF - Post by User
Comment by
Godfather1on Apr 24, 2013 6:29pm
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Post# 21297048
RE: RE: RE: RE: RE: RE: RE: RE: SVY, ESN, HNL
RE: RE: RE: RE: RE: RE: RE: RE: SVY, ESN, HNL I agree with ESN being a target but people have been saying that for years and it hasn't happened. You would think that they would get acquired at these prices as it is cheap but so far no luck. Maybe an acquirer is waiting to see what ESN does with their columbian assets.
SVY is cheap too but Im not sure they will be taken out. I think the company has tailwinds in Australia and maybe if they can prove to the market that they can be successful in Australia then maybe someone will take them out. I just dont see them being acquired right now. I work for BMO and the analyst there isnt too impressed with SVY. I think he has it rated as a market perform and last I read he did mention that it was attractive as it was trading less than liquidation value but said it was a cautious investment. I will check it out tommorrow and post some of his comments from the FY12 report.
GLTA