Takeover frenzy
- Thread starter jet-r
- Start date
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,004
BHP have to have some plans for all that cash....They could buy just about anyone. In oil, perhaps even WPL or STO. Perhaps more uranium too.
Realist
Billie Jean is not my lover
- Joined
- 1 June 2006
- Posts
- 2,057
- Reactions
- 3
Potential takeover targets are...
Amcor
Coles
Mayne
Vision
MTN
Fosters
Hardman
umm, maybe to come RIN, McGuigan, Woolies, ?
Amcor
Coles
Mayne
Vision
MTN
Fosters
Hardman
umm, maybe to come RIN, McGuigan, Woolies, ?
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,004
Realist said:
MTN, Vision, Mayne, Coles and Hardman are potential takeover targets?? Surely not! Who would want those. Are you crazy Realist. Get real mate.......... Oh, hang on. There already are offers for those. Oh, well picked Realist. Great work. LOL
Realist
Billie Jean is not my lover
- Joined
- 1 June 2006
- Posts
- 2,057
- Reactions
- 3
kennas said:
Have they been taken over yet?
NO!
So they are only potential targets aren't they?
MTN will not be taken over yet. Coles is unlikely as well now IMHO.
- Joined
- 25 September 2004
- Posts
- 431
- Reactions
- 0
I think junior Oil companies. The govt is helping them find oil around the coast.
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,004
Realist said:
Have they been taken over yet?
NO!
So they are only potential targets aren't they?
MTN will not be taken over yet. Coles is unlikely as well now IMHO.
he he, I think I know what you meant.
How about something that's NOT on the table as yet. I think the point is to pick something that hasn't yet rallied to the takeover price and get a good stag profit once a takeover is ann.
- Joined
- 9 May 2006
- Posts
- 421
- Reactions
- 0
Here's one I have been watching. Started watching it when it was at 33c but was too clever to buy some, thought I'd wait for a better entry point. Now at 44c
KZL to takeover MLM??
The CEO of KZL recently said the company would be interested in expanding into nickel to spread risk.
KZL holds 15.6% of MLM which has a 160t nickel resourse in Nth Qld. MLM have just finished the scoping study & are moving to a prefeasability study, expected to be finished in 6 months. The results of the scoping study indicate it could generate revenues of $120mil & an operating surplus of $50mil per year with a mine life of around 15 years.
In addition, MLM holds 50% of Cape Alumina P/L which has a bauxite resourse in Cape York that is expected to be JORC compliant by Dec 06. China's largest independent alumina refinery has an option to aquire 20% of MLM's 50% holding for $4.6 mil.
It also has a 193mt JORC compliant coal resourse in Sth Qld. It is adjacent to a large coal deposit which RIO holds & is investigating its potential to become the main coal supply for the Tarong power station.
Given KZL's intention to look to reduce risk, it could keep the coal & bauxite or sell them off to help fund the nickel mine.
MLM has around $3mil in cash & will recieve around $2.5mil from 20c & 25c options which expire in Dec 06. Also there is the possible $4.6 mil for the 20% of its bauxite option. The option must be exercised within 30 days of the JORC statement.
At a SP of 44c MLM has a cap of $57mil fully diluted.
This would be a nice little addition for KZL.
KZL to takeover MLM??
The CEO of KZL recently said the company would be interested in expanding into nickel to spread risk.
KZL holds 15.6% of MLM which has a 160t nickel resourse in Nth Qld. MLM have just finished the scoping study & are moving to a prefeasability study, expected to be finished in 6 months. The results of the scoping study indicate it could generate revenues of $120mil & an operating surplus of $50mil per year with a mine life of around 15 years.
In addition, MLM holds 50% of Cape Alumina P/L which has a bauxite resourse in Cape York that is expected to be JORC compliant by Dec 06. China's largest independent alumina refinery has an option to aquire 20% of MLM's 50% holding for $4.6 mil.
It also has a 193mt JORC compliant coal resourse in Sth Qld. It is adjacent to a large coal deposit which RIO holds & is investigating its potential to become the main coal supply for the Tarong power station.
Given KZL's intention to look to reduce risk, it could keep the coal & bauxite or sell them off to help fund the nickel mine.
MLM has around $3mil in cash & will recieve around $2.5mil from 20c & 25c options which expire in Dec 06. Also there is the possible $4.6 mil for the 20% of its bauxite option. The option must be exercised within 30 days of the JORC statement.
At a SP of 44c MLM has a cap of $57mil fully diluted.
This would be a nice little addition for KZL.
- Joined
- 9 May 2006
- Posts
- 421
- Reactions
- 0
MLM has moved up to 52c this morning.
michael_selway
Coal & Phosphate, thats it!
- Joined
- 20 October 2005
- Posts
- 2,397
- Reactions
- 2
kennas said:
No pun intended?
thx
MS
- Joined
- 17 August 2006
- Posts
- 7,739
- Reactions
- 8,332
Howdy all, Just wondering if you lads of more learned expertise could give us newer lads some specific advice re Takeover targets
ie. 1) What are the main criteria that would make a company suitable for being taken over?
2) Are certain sectors more likely to fit the takeover profile? (eg are resource Co's more likely than insurance Co's or Media Co's etc)?
3) This time of year seems to be popular for T/O's. Is that always the case, or can a T/O be instigated at any time?
4) Are there any restrictions regarding who can take over who (eg Could MBL t/o a resource Co such as ZFX if they wanted to try?
Probably other related questions, but perhaps you guys could elaborate on any useful info.
PS I thought this kind of info might be useful particularly for anyone shorting stocks .......... for eg. I would not have wanted to be short on RIN the other day and missed the news ................. even with a Guaranteed Stop Loss, RIN shares would have been very expensive
Cheers, Barney.
ie. 1) What are the main criteria that would make a company suitable for being taken over?
2) Are certain sectors more likely to fit the takeover profile? (eg are resource Co's more likely than insurance Co's or Media Co's etc)?
3) This time of year seems to be popular for T/O's. Is that always the case, or can a T/O be instigated at any time?
4) Are there any restrictions regarding who can take over who (eg Could MBL t/o a resource Co such as ZFX if they wanted to try?
Probably other related questions, but perhaps you guys could elaborate on any useful info.
PS I thought this kind of info might be useful particularly for anyone shorting stocks .......... for eg. I would not have wanted to be short on RIN the other day and missed the news ................. even with a Guaranteed Stop Loss, RIN shares would have been very expensive
Cheers, Barney.
- Joined
- 1 March 2006
- Posts
- 579
- Reactions
- 0
kennas said:
I hope STO doesn't get a bid....I'm short on it ATM....
See the BHP thread aswell.....buy on roumor?
Similar threads
