Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.740

-2.3%

3:56 PM EST

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To: robert b furman who wrote (7024)	5/17/2024 9:18:04 AM
From: richardred	1 Recommendation Read Replies (2) of 7243

Thanks Bob. I’ve been looking at buying back into MTW again. Earnings were below expectations. As with the last EC. The tower crane business is in a big slump. One point I was impressed with is the backlog. It went up. I think this bodes well for their mobile crane business and my MNTX. There’s no hurry to buy back in. However, if the opportunity presents itself, I’m there. I’m still speculating Tadano might come in and buy the rest of MNTX. Why, because debt is down margins are up. Backlog is down somewhat, but still good IMO. P.S Wait till you brag till you have the money in the bank :+ )

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