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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.930-1.4%9:30 AM EST
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To: richardred who wrote (5606)10/30/2019 5:13:42 PM
From: robert b furman1 Recommendation

Recommended By
richardred

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Hi Rick,

Paccar is a very solid company - OLD MONEY.

I gained my opportunity to buy into a Chevy dealership, because my partner was a Kenworth and Mack truck dealership owner. He and his partner have most of the Kenworth franchises for the lower half of Texas.

It is a very solid service oriented franchise.

In the USA all kenworth stores are owned by less than 90 very well healed dealer operators. Then there is Peterbuilt, of which the Rush organization is huge.

A great, well capitalized American business, that also exports to the world - especially in the oil patch.

His Houston store ships big trucks globally.

Made the Chevy store I bought into look like a low margin business - but it was my opportunity of a lifetime.

Bob
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