Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (3383)	12/27/2021 3:39:12 PM
From: richardred	Respond to of 7252

I finally bit on GENC today. A true pure play on road building from infrastructure spending. A bad recent Qtr.,but a big increase in backlog moving forward. Message #3383 from richardred at 5/8/2013 12:45:23 AM Hi Ox: Sold my shares in Jan, but I keep an eye on it still. Fundamentally speaking from my last look that I recall. They had good chance for QTQ earnings improvement upside earnings surprise IMO & a positive incremental backlog working from the last quarter. The federal highway bill passing both houses and being sign into law should be good news coming down the road (pun intended) IMO for this company. Downside- I don't think states and towns have extra money to be spending on equipment & municipal infrastructure. So the waiting for Federal money might be trickling down about now. I still think it has some good speculative appeal left. Speculatively speaking who knows, maybe somebody like Terex & Cat are looking? I think Cat overpaid and took out Bucyrus-Erie at the height of metals & mining commodities boom. They might be looking again for something synergistic suited like ASTE? Message 28658299 Message 28501492 P.S. Took a look at smaller competitor Gencor Industries Inc. (GENC) awhile back and passed.