Takeover Targets

[edogg75]

Re: Next Merger or Takeover (your guesses)?

OXR to takeover PNA. Both operate in Laos/Thailand. Simple way for OXR to increase their se asian resource base.

 

[scsl]

Re: Next Merger or Takeover (your guesses)?

perhaps RIN could be a potential takeover target, especially to one of its European competitors hoping to build up a presence in the US, or even to one of the large US materials companies... RIN's recent fall in sp makes this a lot more likely.

although i think it's a safer bet that RIN will soon make make a bid for one of its listed US rivals...

 

[MalteseBull]

Re: Next Merger or Takeover (your guesses)?

I firmly beleive Fortescue (FMG) will take over Australasian Resources (ARH) to be an Iron Ore superpower

 

[doctorj]

Re: Next Merger or Takeover (your guesses)?

I expect there to be action over at Wesfarmers - they're facing a tough period to maintain their crown of market darling so I expect them to start making some moves. The Fin Review this week suggested a coming together of HVN and Bunnings. Other possibilities include expanding production of Wesfarmers Energy or buying another insurer to grow that side of their business.

I'm a little shocked in MGX's offer for AZR. I don't think Koolan island is the type of project that's likely to benefit from being part of a larger group and I don't think AZR holders are gettting a great offer considering how close it is to production.

On the whole, everyone's cashed up at the moment (insurers, resource companies that are already producing) but at the same time the market is becoming more competitive (premiums are falling, growth is much harder & acreage is rarer and much more expensive). M&A activity is going to provide cashed up companies with their best & cheapest avenue to growth. This is just the beginning.

 

[sam76]

Re: Next Merger or Takeover (your guesses)?

I think that RIO could be looking closely at EXT to replace Rossing.

I also believe that WPL could takeover HDR

 

[CanOz]

Re: Next Merger or Takeover (your guesses)?

Just saw on Bloomberg that WAL MART is looking at an aquisition of a retailer in Australia...Coles comes to mind, only because they shed some units and seem attractive from a price point of view. WOW is the only other option, which has a business unit similar to thiers. But other than that who else is there really?

 

[michael_selway]

Re: Next Merger or Takeover (your guesses)?

Just saw on Bloomberg that WAL MART is looking at an aquisition of a retailer in Australia...Coles comes to mind, only because they shed some units and seem attractive from a price point of view. WOW is the only other option, which has a business unit similar to thiers. But other than that who else is there really?

Metcash, David Jones, The Reject Shop maybe?

thx

MS

 

[Sean K]

Re: Next Merger or Takeover (your guesses)?

MAH may be taken by one of the larger mining contractor/engineer companies. This has been rumoured for a while.

 

[michael_selway]

Re: Next Merger or Takeover (your guesses)?

MAH may be taken by one of the larger mining contractor/engineer companies. This has been rumoured for a while.

Which "larger mining contractor/engineer companies" u think?

thx

MS

 

[Sean K]

Re: Next Merger or Takeover (your guesses)?

UGL, WOR or DOW.

Just plucks really though.

The theory is that with the current tighness in the labour market and dearth of mining equipment availability the only way to really grow it to bolt on companies with already good contract books and integration synergies.

I'm actually surprised there hasn't been more M&A in the mining services sector. Perhaps they've all just been too busy lapping up all the work they've ben getting the past 3 years.

 

[Sean K]

Re: Next Merger or Takeover (your guesses)?

Must add, I've held MAH for a year or so waiting for this to happen!

 

[doctorj]

Re: Next Merger or Takeover (your guesses)?

I'm actually surprised there hasn't been more M&A in the mining services sector. Perhaps they've all just been too busy lapping up all the work they've ben getting the past 3 years.

Good call. I expect there will be atleast one announced in the near future. Certainly overdue given the nature of the industry.

 

[Kipp]

Re: Next Merger or Takeover (your guesses)?

Must add, I've held MAH for a year or so waiting for this to happen!

Yes- they are a sweet company with a great track record in the past few years. How come you have never posted on the MAH thread (last I checked it was just me and Richkid). I don't know how such a great company has been overlooked by the ASF!

 

[Sean K]

Re: Next Merger or Takeover (your guesses)?

Hi Kipp,

I've considered MAH to just be a steady investment play with no big exploration upside like the PMs mainly discussed here. Bit boring compared to a big uranium discovery! Or, the POG and POC skyrocketing.

Guess I'll see you on the MAH thread in the near future!

 

[michael_selway]

Re: Next Merger or Takeover (your guesses)?

UGL, WOR or DOW.

Just plucks really though.

The theory is that with the current tighness in the labour market and dearth of mining equipment availability the only way to really grow it to bolt on companies with already good contract books and integration synergies.

I'm actually surprised there hasn't been more M&A in the mining services sector. Perhaps they've all just been too busy lapping up all the work they've ben getting the past 3 years.

Yep ic, what about LEI, TSE, PCG, BOL mergers possibly as well?

thx

MS

 

[3 veiws of a secret]

Re: Next Merger or Takeover (your guesses)?

RE: UGL I followed this share for many years,from the lows @ 67 cents to today . UGL without question has bulldozered others up ,it's plucked some feathers in OZ and is plucking in Asia.Who they take over next, heaven knows but I see DOW as a possible target . Traders who have serious gilt edged bank accounts should seriously look at UGL.

 

[Sean K]

Re: Next Merger or Takeover (your guesses)?

Well done 3 views, UGL has been a great pick.

For a stag profit it's better to be the prey though.

DOW a target? Hmmm. I have held DOW for a while but not considered it a target. Has come off recent all time highs and has been upgraded by some brokers due to relative price movements. PE of around 16 is very cheap compared to UGL or WOR. Perhaps there's something there.....I hope so!

 

[3 veiws of a secret]

Re: Next Merger or Takeover (your guesses)?

Well done 3 views, UGL has been a great pick.

For a stag profit it's better to be the prey though.

DOW a target? Hmmm. I have held DOW for a while but not considered it a target. Has come off recent all time highs and has been upgraded by some brokers due to relative price movements. PE of around 16 is very cheap compared to UGL or WOR. Perhaps there's something there.....I hope so!

I was only including DOW because of the related synergies,nothing more .For UGL has that umbrella policy that whatever it swoops down onto ( ie takeovers) ,its quarrie is pidgeon holed accordingly .....that's why I refer to UGL as a sort of Westfarmers.
My only concern is UGL has never seemed to attract bad news! Cometh the day it looses a tender! then perhaps DOW will swoop!!!!! GULP!

 

[Halba]

Re: Next Merger or Takeover (your guesses)?

Downer EDI was mentioned as a takeover target for Leighton Holdings (LEI)

Its performance has been disappointing, as has the market as a whole. But that type of industry is good and lots of potential for acquisitions

 

[nizar]

Re: Next Merger or Takeover (your guesses)?

There will be a merger/takeover btw EVE and OMC...IMO...

They both have uranium resources in Kariba in close proximity and both aim to be mining within 18-24months, so some sort of corporate play could be on the cards there...