Eckoh Takeover Rumours (ECK)

Any decent premium would be tempting in this market where there is so little traction without a bid. It is ridiculous, but without a cessation in current conflicts not to mention the terrible impact of Brexit, which has I am afraid made us the laughing stock of the world, I cant see changing any time soon. I admit most of my investments are made at the moment with an element of takeover bid in mind. Not something I have considered much in previous years, because basically the shareholder is being short changed in the long term. Nice to see Lordy Cameron facing an investigation by Hmrc. Having held an ill thought out referendum purely to hang on to power. Hope they nail him for at least something!

They have taken their time to get things sorted. 90 percent of their business will be in the much larger USA market. Stellar Management say the takeover there has put them in a strong position. Their secure payment seems to have the edge over other competition and their share of market is bigger than the combined competition. April should see things move on a pace. Funny that their first bit of news in a while should be about the screw fix contract. Should be much bigger deals going down in the states. I think his main concern is this being taken out too soon before it achieves its full potential. Gl