Post by
seeingeye on Jul 15, 2014 6:40pm
Buyers Bargain
12 million should soon buy an established well known infrastucture supply company.
Deal of the decade in the western market.
C'mon 649 and I am the new owner.
Comment by
Thethruthhurts on Jul 15, 2014 8:58pm
Western assets are the company for sure. Old Castle just acquired Expocrete assets out west and are rumoured to be sniffing at the Con Force Jewel in the rusty tarnished Armtec crown.
Comment by
duckdog68 on Mar 03, 2015 11:36am
Truthhurts - ever hear more about this rumour? They could probably get the whole crown for the same price now, and pawn everything but the jewel.
Comment by
duckdog68 on Mar 03, 2015 12:11pm
Oldcastle's parent company, CRH out of Ireland is certainly in a spending mood.
dd
Comment by
duckdog68 on Mar 04, 2015 12:31pm
I still believe the fair value of all Precast and Pipe Plants exceeds their current debt. Is not possible for a reputable buyer to purchase Armtec as a parent company, payoff Brookfield and offer nothing to shareholders but a committment to maintain the ARF listing and invest in Plants to grow business? dd
Comment by
2Greying on Mar 04, 2015 12:57pm
Duckdog ...it is possible but I can't think of anyone with deep pockets that would commit. Also I still think debenture and note holders would force bankruptcy if there is nothing in it for them. Big question is why they won't release financials....Brookfield would never have agreed to anything without seeing them.
Comment by
HRc60to65 on Mar 05, 2015 7:55am
Finacial will be published, when number will be arranged to show a very large lost. radiation of goodwiil radiation of receivable, radiation of plants, increase of payable to remove 170M$ of assets and told to every one, the real value o ARF is 0$ It is numbers manipulation ut it is legal. When Brookfield willake ARF all those radiation will be recoverted to get 170M$ of profit