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: E_K_S who wrote (5439)	8/18/2019 1:30:12 PM
From: richardred	Read Replies (2) \| Respond to of 7239

FWIW-ASTE is one I've been adding to. Sold their wood pellet business.Like MOD/Modine in the infrastructure area. ASTE has a great balance sheet to withstand this downdraft. Poor near term prospects and much lower backlogs are built in to the current stock price IMO. Very untimely & Good Speculative appeal. >Outlook Even though Astec witnessed lower demand in the first half of this year, its ongoing strategic procurement, operational excellence initiatives and manpower reductions is likely to lead to improved profits even if market conditions do not pick up. The company anticipates the second half results to be in line with the first-half results. finance.yahoo.com