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MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise buildings such as office buildings, hotels, shopping malls, and others. There are two types of steel structures produced by the Company: the steel structure used as a column-box and the steel structure used as beams, which are important components of the building. Its subsidiaries include Tanaka Welding Center Co., Ltd., which is focused on welder training and real estate; M.C.S.-Japan Co., Ltd., which is engaged in the design and production of structural steel products; and M.C.S. Steel-Xiamen Co., Ltd., which is engaged in the production and distribution of structural steel products.


GREY:MSTUF - Post by User

Post by retiredcfon Feb 26, 2017 3:23pm
165 Views
Post# 25895714

Peter Imhof

Peter ImhofIs scheduled to be on Market Call on Tuesday. Given that he made MST.UN a top pick the last time he was on and is likely a large shareholder, it might be worthwhile to get his views on the proposed takeover. GLTA

MST.UN-T 2016-12-20 TOP PICK Peter Imhof
 
54% of their properties are in Texas and the rest in Florida.  They just announced an increase in their distribution that takes effect in January.  All these stocks have come off so he is accumulating more of this one.  He likes the management team as they keep beating his expectations.  They will continue to do well and may get bought out.  They pay their distributions in US$.  It is one of his larger positions.  (Analysts’ Target: $22.15).
 
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Price:
$17.950
Subject:
NORTH AMERICAN - SMALL
Bias:
SELECTIVE
Owned:
Yes

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