29-01-2024
Seems to be a lot of stock being sized up for takeover. Not sure itââ¬â¢s such a good thing in the long term. The uk market and particularly Aim are short of world class companies. I doubt we would get a bid anywhere near what cnc would be worth in say 5 years. The danger is that if rate of takeovers continues at last years rate Aim will be full of more dross than it already is. As nice as a takeover feels at the time, I lost two companies last year well short of their potential. it takes time to find these companies , getting to know and build confidence in the board and then suddenly itââ¬â¢s all over for a short term gain. Very frustrating. This latest rise may have more to do with more new tech from Cnc as mentioned in news letter . A product called ââ¬ËTSN warfighterââ¬â¢ for vehicle architecture. Also the attendance at an embedded tech forum in US. All on the website which you can sign up for useful email news updates