RE:RE:RE:RE:RE:RE:RE:RE:RE:Technical analysis on Aecon - enjoy the video Yeah takeover seems likely if the past demons of the lstk projects are now under control and included in the financials. Assuming a 50 percent premium then you are looking at roughly a $25 price. I hope it goes much higher. Who knows though.
It no takeover by eoy 2024 then we hopefully move up to around $40 by eoy 2025 imo once the LSTK's are indeed finished and off the books and cleared for takeoff.
If the majority vote no to that $25 price, they would have to either increase the offer or we hope a white knight comes along and offers a competing bid which I am sure will happen here. Any chance a "hostile takeover" happens in this case? Don't know. Depends on who the big shareholders we have here now and what kind of muscle they can use to influence the offer price.
Regardless I added again yesterday and today too on the dip. The way I see it, if there is a buyout here, this will be the easiest 50 percent(at least) profit I make in the shortest amount of time I have been here. I would rather let Aecom progress on its own. The share price will hit the $40 to $50 price in a few years on its own fundamentals.
Better than waiting 4 years to see my ROI like I did with SNC
Ron