Takeover Targets

[michael_selway]

Next Merger or Takeover (your guesses)?

Hi we all know about the TOL & PRK takeover, RCD & Allco merger, Mayne Demerger etc etc

What are your guesses for future mergers & takeovers?

Im thinking ADB & BEN merger? Possible?

Any others?

Thanks

 

[son of baglimit]

Re: Next Merger or Takeover (your guesses)?

NMS TO BUY OUT BHP - sorry just joshing

 

[Julia]

Re: Next Merger or Takeover (your guesses)?

Hi we all know about the TOL & PRK takeover, RCD & Allco merger, Mayne Demerger etc etc

What are your guesses for future mergers & takeovers?

Im thinking ADB & BEN merger? Possible?

Any others?

Thanks

Re ADB & BEN, have you actually heard that this is being discussed, or just taking a hypothetical? It's an interesting thought, but would require some compromise on the part of both in terms of their underlying philosophy.


Julia

 

[michael_selway]

Re: Next Merger or Takeover (your guesses)?

Re ADB & BEN, have you actually heard that this is being discussed, or just taking a hypothetical? It's an interesting thought, but would require some compromise on the part of both in terms of their underlying philosophy.


Julia

Hi purely hypothetical atm, yes compromise will be required, but synergies can be created

btw what underlying philosphy do u see different/similar in each

 

[sam76]

Re: Next Merger or Takeover (your guesses)?

I believe Perpetual will take over Treasury Group once TRG's FUM get to $10,000,000,000

 

[bvbfan]

Re: Next Merger or Takeover (your guesses)?

HBOS (Halifax Bank of Scotland) for St George

Maybe OXR by Xstrata, but certainly hope not

 

[mime]

Re: Next Merger or Takeover (your guesses)?

London stock exchange??

 

[Kipp]

Re: Next Merger or Takeover (your guesses)?

What is the best way to get the early world on takeovers? It is well known than in nearly 90% of cases the company that receives an offer goes nuts (onesteel, titan etc) but what is the best way to find out before the news is public?

 

[nelly]

Re: Next Merger or Takeover (your guesses)?

..Pinky finally gets it right...and takes over.........soon

 

[Realist]

Re: Next Merger or Takeover (your guesses)?

I'm guessing someones gonna go for MTN.

I know there was a pissweak 68c offer recently, but now a more serious one at maybe $1.80 or something which may be approved.

Market cap is only $29M - if they offered $75M they still get a good company cheap.

Also Repco, Nylex, possibly.

 

[CanOz]

Re: Next Merger or Takeover (your guesses)?

Repco maybe, but Nylex? Who would want to take over that much Debt in an industry facing more losses? (Not that I'm an F/A or anything) Its cheap for a reason.

I think they'll be more consolidation in the mining industry, and maybe we'll see more Uranium deals.

BTW...anyone suspect why is SPN - SPAusnet so cheap?

 

[Realist]

Re: Next Merger or Takeover (your guesses)?

Nylex? Who would want to take over that much Debt in an industry facing more losses? (Not that I'm an F/A or anything) Its cheap for a reason.
:

How much debt do they have??

 

[YOUNG_TRADER]

Re: Next Merger or Takeover (your guesses)?

The chinese are coming next week,

See the Uranium thread!

 

[CanOz]

Re: Next Merger or Takeover (your guesses)?

$155m with a market cap. of only 56 million. Last i heard they were restructuring thier dept for like...the third time or something. You would think once (if) they get things to turn around then it may get a bit more attractive. But they take a hit too when the auto industry slows, and with oil the way it is, you wouldn't think that would help them much either. Not to mention their raw material costs, being plastics.

 

[Realist]

Re: Next Merger or Takeover (your guesses)?

$155m with a market cap. of only 56 million. Last i heard they were restructuring thier dept for like...the third time or something. You would think once (if) they get things to turn around then it may get a bit more attractive. But they take a hit too when the auto industry slows, and with oil the way it is, you wouldn't think that would help them much either. Not to mention their raw material costs, being plastics.

You are correct they do owe $155M and the market cap is $56M

But how much are their assests worth?

That is the key!!

 

[CanOz]

Re: Next Merger or Takeover (your guesses)?

Thier net is about $72 m. Still don't see how they would be a target???

 

[Realist]

Re: Next Merger or Takeover (your guesses)?

Well it is a wild guess, I do not own NLX and would not buy it. I just thought it could be a target - I admit I am more than likely wrong. But something will have to happen to them soon surely??

 

[twojacks28]

Re: Next Merger or Takeover (your guesses)?

i think that GE will take over Brainz in about a year or so when it is fully up and running.

 

[Kipp]

Re: Next Merger or Takeover (your guesses)?

ZFX to bid on BSM? ZFX have lots of dough and looking to expand their resources, BSM lots of resources not much cash... market cap of ~10 mill... petty cash for ZFX. (They are currently in JV).

I've heard absolutely no rumours of the above happening, it's just wild speculation.

 

[YOUNG_TRADER]

Re: Next Merger or Takeover (your guesses)?

ZFX to bid on BSM? ZFX have lots of dough and looking to expand their resources, BSM lots of resources not much cash... market cap of ~10 mill... petty cash for ZFX. (They are currently in JV).

I've heard absolutely no rumours of the above happening, it's just wild speculation.

We think alike hence why I started the BSM thread


Also CSM will T/O JML eventually

and not sure if it would happen but with PEM a cash cow generating $65m in free cash a qtr but limited supply (another 5-7yrs) at its Broken Hill operations and CBH holding ground (Rasp CML 7) thats in between PEM north and south operations (ie Rasp CML 7 is in the centre) could be some much need reserves, not to mention CBH's recovering Endeavour operation (20yrs + reserves) plus its BFS on Sulphur Springs Open Pit, so I would think a merger between CBH and PEM, or a takeover of CBH by PEM would be one of the most savvy coporate plays around