$6.06 open...... Something is else seems to be going on here, other than analyst upgrades. What would be a takeover price??
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$6.06 open...... Something is else seems to be going on here, other than analyst upgrades. What would be a takeover price??
I agree a very well run company with analysts valuing it at an average of $6.50 and as much as $7…..
I am not selling, plus we will get an update in October as to how the year is progressing so far. I would not be buying at these levels, but I feel it is a safe investment for now as they manufacture important stuff.
Up over 150% within a year is astounding
Holding tightly
https://www.skellerupholdings.com/Re...eport_FY21.pdf
Well worth while flicking through this if you interested in what the company does and where. Easy read.
Diverse products: Industrial $177mil, Agri $102mil
Diverse range of customers
Diverse geography they operate in.
Yes Blackie, maybe the new facility they are in is helping a lot.
Lot to like. I'm not selling either....although monitoring closely as they are a big % of portfolio...now 7.3%
Hoping its not a takeover and simply market reacting to Jarden's recent upgrade.
There is a lot to like.
I won't be selling either. One reason I invested many years ago as the fact that they produced quality products of which most of them eventually wear out and have to be replaced. The new factory in Christchurch was a great investment and is performing well. I would not like to see a take over and am looking forward to enjoying even greater returns in the future.
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I reckon SKL has got too expensive to be an acquisition target
Paying say a 20% premium would cost an acquirer $1.44 billion and in return they get cash flows of say $70 million ….20 times cash flow makes a real expensive acquisition
You never know
Liz said “Skellerup’s global businesses have continued to outperform our already high expectations of them. We expect our NPAT for the first half of FY22 to be in excess of 10% above the prior comparative period. Demand is strong across the greater part of our businesses, and we expect this to continue,” ended Mrs Coutts.
F21 1st half NPAT was a record as well
Can’t do much better than that
yes perfect chart and to think it was sold by our software because the stupid ALGO did not see enough rise in profit...
oh i forgot we actually set the formula...
NEVER set and FORGET!!!
think what will happen when your car is hacked and the air bags are turned off by a terror plot...:scared: