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  1. #1
    Senior Member
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    Default NZX Takeover Targets

    I believe we are entering a very interesting period of increased new listings and takeovers. This is very typical of final stage stage booming bull markets and is being driving by the insane amount of money being printed that's looking for a home.

    What are peoples thoughts on potential NZX takeover targets?

    IFT - just announced. Would be a real shame to see this go unless it's at a very large premium
    TWR - looks to have reach an inflection point and may be a turnaround story that can generate strong cashflow. Previous failed takeover attempts at higher prices
    PGW - now confirmed turnaround story, generating strong cashflow, Chinese blocking stakes
    APL - significantly below NTA, lowish marketcap that would be an easy 'bolt on' to existing property fund (Centuria etc)

  2. #2
    Member
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    Oct 2016
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    Default

    TWR - Agree

    + SKT to the list (CC Ogg)

  3. #3
    Advanced Member
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    Wellington, , New Zealand.
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    Default

    Some of the biotechs as well. Aroa already listed only on the ASX.

    Time for another look at a joint market?

  4. #4
    Member
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    Default

    +STU ......although, the last time someone tried that (at $1.95) it was considered 'undervalued'

  5. #5
    Advanced Member
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    Default

    I think people are missing the constant price increase in PEB on no news. I am thinking they will be next and who knows which price.....

  6. #6
    Guru Rawz's Avatar
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    Default

    Metro Performance Glass is another target

  7. #7
    Dilettante
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    Default

    I'm going out on a limb and suggest SAN could be a potential takeover target

  8. #8
    Member
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    Aug 2015
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    Default

    Not the target but SCL is sitting on plenty of cash in the bank and no indications on where it is going....why keep it in the bank?

  9. #9
    IMO
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    PAZ on Unlimited and BEA gle on the NZX, for sure.
    Last edited by Joshuatree; 09-12-2020 at 10:53 AM.

  10. #10
    Senior Member Marilyn Munroe's Avatar
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    May 2010
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    Hollywood
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    Default

    Quote Originally Posted by iceman View Post
    I'm going out on a limb and suggest SAN could be a potential takeover target
    What about the requirement for quota holders to be Kiwi's.

    Actually given their execution skills selling off the operational arm and remaining as a quota tenement holder has appeal.

    Boop boop de do
    Marilyn
    Diamonds are a girls best friend.

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