Bullboard - Stock Discussion Forum WESCAST INDUSTRIES INC WCSTF

Consumer Cyclical Auto Parts

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Post by Ogopogo007on Jun 02, 2012 8:42am

Here we go again....takeover

https://www.reuters.com/article/2012/06/01/wescast-offer-idUSL4E8H156L20120601?feedType=RSS&feedName=cyclicalConsumerGoodsSector&rpc=43 Somebody made a quick $20K profit overnight, bot 5K ...more

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Comment by Pat123on Sep 20, 2011 9:49pm

RE: RE: Buyout coming? Bidding war? $12.50

The market was telling us the deal will not go thru right from the day the MOU was announced. The stock had a hard time maintaining the $11 level (~20% below the offer).With everything going related ...more

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Comment by Ogopogo007on Sep 20, 2011 8:19pm

RE: Buyout coming? Bidding war? $12.50

Perhaps not The MOU fell apart today https://finance.yahoo.com/news/Wescast-Industries-Inc-Does-ccn-34015912.html?x=0&.v=1 If this Chinese Co can't pay a $2M deposit....how the freak will ...more

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Post by Ogopogo007on Jul 09, 2011 12:10pm

Buyout coming? Bidding war? $12.50

https://www.business-standard.com/india/news/mahindra-joins-race-for-canadian-auto-parts-firm/442118/

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Comment by Drdoctor1on Apr 04, 2011 10:12pm

RE: RE: News..We are Up for Sale

glad to see some value being recognized here, although i thought we'd see more of a pop following the announcement. EBITDA is between $30-40, apply 5x mult (minimum), you get company value between ...more

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Comment by TheRock07on Mar 28, 2011 12:14pm

RE: News..We are Up for Sale

Hard book value is about $16 per share.Two major expansions underway here in NA and in Asia.Cant imagine that we will be going for anything less than hard book which means close to a double from here. ...more

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Post by TheRock07on Mar 28, 2011 12:12pm

News..We are Up for Sale

Wescast Industries Inc. to Evaluate Strategic Alternatives 3/24/2011 8:47:17 AM - Market Wire BRANTFORD, ONTARIO, Mar 24, 2011 (MARKETWIRE via COMTEX News Network) -- Wescast Industries Inc. (TSX: WCS ...more

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Post by TheRock07on Mar 23, 2011 4:52pm

Upgrade

Canancord has a new BUY with a target of $9.50.................come on with the dividend.

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Comment by TheRock07on Mar 22, 2011 5:57pm

RE: RE: News..Record 2010 net earnings/strong grow

WCS have an estimated 51% share of the North American exhaust manifold market (including 65% among the Detroit Big 3), making it the dominant exhaust manifold supplier to North American ...more

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Comment by TheRock07on Mar 22, 2011 3:18pm

RE: News..Record 2010 net earnings/strong growth

A magnificent year characterized by...............................................sales of $262 million up 26 % versus $208 million in 2009............net earnings of $16.8 million versus a loss ...more

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Post by TheRock07on Mar 22, 2011 3:11pm

News..Record 2010 net earnings/strong growth

Wescast Reports Profitable 2010 Results 3/22/2011 2:24:58 PM - Market Wire BRANTFORD, ONTARIO, Mar 22, 2011 (MARKETWIRE via COMTEX News Network) -- Wescast Industries Inc. (TSX: WCS.A) today reported ...more

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Comment by Drdoctor1on May 13, 2010 11:07am

RE: RE: Thoughts

thanks for your reply, I'm currently long and kicking myself for not getting in when it was 2-3.A's are non voting. dual share is always debatable and tough for valuation, would assume ...more

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Comment by Ratszoon May 13, 2010 9:36am

RE: Thoughts

Been watching it.Real low volumes tho. Don't know what to think for an entry point.Gonna do more research ..., like the share structure? These 'A' shares non-voting?At opening today, ...more

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Post by Drdoctor1on May 10, 2010 12:22pm

Thoughts

no postings on this board. anybody out there? company's got no debt and 12MM shares outstanding with an enterprise value less than $80MMrecently profitable again in a recovering ...more

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