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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (55947)	9/8/2015 3:39:27 PM
From: E_K_S	Read Replies (2) of 78748

Re: Ampco-Pittsburgh Corp. (AP) upped my position by 30% w/ Buy today at $11.27/share On July 29, 2015, AP acquired another speciality steel & service company. Ampco-Pittsburgh Corporation Announces Acquisition of Alloys Unlimited & Processing, Inc. supplying specialty tool, alloy, and carbon steel round bar to customers locally and nationwide since 1990. They are also a provider of specialty services including precision saw cutting, CNC machining, rough turning and boring, heat treating, and trepanning. The acquisition provides diversification and growth opportunities for the Forged and Cast Engineered Products group. It looks like the acquisition was done w/ cash and stock (no debt). The company BV increased to $19.97/share. EKS

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