SI
SI
discoversearch

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.
Non-Tech
AAPC
An SI Board Since August 1998
Posts SubjectMarks Bans Symbol
80 0 0 AAPC
Emcee:  Emec Type:  Unmoderated
American Architectural Products

I bought AAPC this morning. INFO rock solid. This is a $350 million BB company. A consolidator in the building supply business, much like Fortress that competes with my company. They bought a BB shell and at the same time acquired about 15 companies so proforma sales are $350 million. They have filed an S1 to issue 7 million shares. Available on free edgar. Anticipated price is $14-$16 per share. How can this be with the price where it is at? Answer is that because there is only 500,000 shares in the public float, this is being treated as an IPO and being valued accordingly. My guess is that when institutions are approached to get their allotment, they will also go out in the public market and buy some cheap now. They have filed for Nasdaq listing. It is in the S1. Obviously, they will get it with their size. Offering is expected in Septemeber but I expect it to run before. It trades about 5000 shares per day with record volume today. The underwriters are Mcdonald & Company and First Wheat-two good companies. Tiny float so buy carefully . More later.

Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
80 It was cancelled. At least for now. Will need a better market Emec-10/14/1998
79 David, This thread has been dead for about 45 days, so I thought I'd try tRick D.-10/14/1998
78 Hi Sandie. I am back in town. What a 2 days I missed! I see AAPC got hit like eEmec-9/1/1998
77 We should be happy if we hold all week at this pace... I was hopeing for 8 and Starduster-8/30/1998
76 Sandie: You don't know anything about God's teachings. You mix up your Linda Kaplan-8/30/1998
75 Linda, I follow NO one but GOD and what he teaches me. You need help and finanStarduster-8/30/1998
74 Sandie: I think you've got it backwards, since the person doing things wronLinda Kaplan-8/30/1998
73 A light in an otherwise dark day Emec-8/26/1998
72 Looks like were seeing a bit of movement here today... Soon we will see lots...Starduster-8/25/1998
71 Silly, Silly, people. >G< s Starduster-8/24/1998
70 There will always be traders in any stock sandie. people who are willing to leEmec-8/24/1998
69 Wondering why anyone would want to sell shares today when we are so close to $$Starduster-8/24/1998
68 What a day... Wow... s Starduster-8/21/1998
67 here come the buyers AAPC Stock 7 37/100 +14/25 7 7 1/2 28Emec-8/21/1998
66 Solid as a rock...! Today we need it!:) SR Trumptown-8/21/1998
65 Thanks David... Starduster-8/21/1998
64 AAPC Stock 7 17/25 +87/100 7 59/100 7 31/50 13,500 11:06:Emec-8/21/1998
63 Now David, We know what were doing, we just don't have enough $$$$ to do aStarduster-8/20/1998
62 Looked at Bloomberg to see trades. There was serious buying. 4000, 7000. EithEmec-8/20/1998
61 6 13/16 - 7 1/4 !!! Gee this is fun...another fine close. I may have to scrape Trumptown-8/20/1998
60 71,000 shares? Unreal Emec-8/20/1998
59 HURRAY/////////// Finally our ships are sailing full speed ahead. Starduster-8/20/1998
58 ROFLMAO AAPC Stock 6 3/4 +43/100 6 71/100 6 93/100 31,700 Emec-8/20/1998
57 Nice volume again Emec-8/20/1998
56 6 5/8 - 7 @ 9:48...whish I had more too!:) SRTrumptown-8/20/1998
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):