05-03-2024
Although I don't think that a takeover is very likely, I would think that private equity might be interested, given the healthy state of the balance sheet and the longer term potential here.
I am skeptical regarding a takeover. There aren't many large companies operating in this niche market. A possibility is a takeover by a large construction equipment company, like Caterpillar.. but would they have appetite for such a smaller company and a niche market?
Exactly. Very solid company.
That said and as Iââ¬â¢ve repeatedly said, there is huge untapped export potential.
Also an outside chance of a takeover.
31-01-2024
I am always of the opinion that with such a good product line, niche market and incredibly naive attitude to overseas markets, SOM must be a prime target for a takeover bid.
21-11-2023
Uhound the issue is that when a company pubblishes financial results the share price can rise quite sharply. Also you get no warmings if a takeover is underway.
I regret buying at 400p thought, I wouldn't have known the price would drop this low.