Comment by
Cardboard1 on Nov 29, 2013 10:35am
This is about "fair value" at 14 times earnings and considering the debt. However, notice that there is a 45 day go shopping period and considering previous takeovers for companies in the same field at much higher valuations, it would not be surprising to see someone stepping up here. Cardboard
Comment by
bbarberayr on Nov 29, 2013 11:33am
$24.30 now. Definitely some thought in the market a higher bid may be on the way. Tempting to take the extra $0.30 and move on, but it is a pretty unique company in a desirable martket space, so I think the odds of a higher bid are not negligible.
Comment by
palinc2000 on Nov 29, 2013 3:52pm
I am not surprised that there is a takeover but disappointed that they have accepted a low ball offer in my opinion.,I was hiping for 28-30 not 24
Comment by
palinc2000 on Dec 02, 2013 2:10pm
market action seems to indicate that the odds of a higher offer from another party are growing.Multiple offers would be nice!!!!!
Comment by
palinc2000 on Dec 13, 2013 10:59am
one month still to go for the go shop period but I am hoping for something to happen before the XMAS holidays..... so that we can all celebrate !!!!
Comment by
palinc2000 on Dec 19, 2013 4:57pm
I have a feeling that there are ongoing discussions .......no first hand nor any knowledge but the tick by tick trading looks like the market maker is trying to keep the price down .....however I am not adding to my position
Comment by
palinc2000 on Dec 27, 2013 9:43am
so there are still 4 interested financial parties looking over the data ......If I were a gambler I would bet that we have more than 50% chance of a higher bid,,,,,,I guess we now have to wait till 2014
Comment by
palinc2000 on Jan 06, 2014 2:42pm
I am upping my bet to over 60% considering todays volume.....
Comment by
palinc2000 on Jan 07, 2014 9:13am
6 days to go in the go shop period and only one interested party left........still a chance but I am not increasing my position