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Savers Value Village Inc V.SVV


Primary Symbol: SVV

Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.


NYSE:SVV - Post by User

Comment by javaman12on Jun 19, 2023 11:03pm
118 Views
Post# 35504439

RE:RE:RE:Summary of the Arrangement

RE:RE:RE:Summary of the ArrangementIn the agreement, Hudbay has the right to match any unsolicited offer made by another miner. So in theory, we could get a bidding war going until the right purchase price is made, when one of the parties involved, simply walks away.

In my opinion, the bid for Rockcliff Metals is undervalued, even if it is substantially higher than today's closing price. It sounds like a good deal now, but the share price seems, just too low!

On the other hand, despite the huge potential that Rockcliff's Snow Lake properties offered its shareholders, only Hudbay really has the exploration dollars, to fully discover its best available assets. A proper exploration will cost a lot of dollars!
 
We need to keep this in perspective and not blame Rockcliff management prematurely, like I just recently did. Hindsight is 20/20 but one cannot really take back one's words. But I feel that I must now apologize for being somewhat hasty in my criticism of the deal. It may have been a decision that had to be made.

However, like I stated already, there is still some time for another bidder to get involved.

In the interim, Hudbay may continue to try and consolidate its position in the company. They will simply keep on buying more shares. But now, they will have to pay the deal price, at least!

The price should rise tomorrow. If it continues to rise higher than the takeover bid, we will know that some buyer seems to think the share price is indeed undervalued. This move, if it happens, may take some days, to fully play out. But it would be interesting and intriguing to watch!

That's why I say, don't sell your shares just yet, Give it some time and see what happens!

After all, what's the rush?

Remember that the break-up price of the deal with Rockcliff is only $750,000 and that's not much, if a real bidding war, soon gets started! It could also happen later!

 If anyone does decide to sell before the vote, look for a much higher asking price, before tendering your shares to Hudbay. You just never know!

                                              Hudbay is not a bad company to own!

          As it continues to consolidate smaller producers, its share price is bound to rise!

                                And then, some other, bigger company, will eat them too!

                                                            It all tastes good!

                                                            All the best! Java

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