Benj Gallander
Sodisco-Howden Group
SOD-T
HOLD
Nov 09, 2004
Company was up for sale, but nothing happened, so it came off the market. Earnings have increased, controlling their debt, have digested a couple of companies in the last few years.
Stock has moved up sharply. Brought in an investment banker. Looks like they're going to maximize shareholder value. Probably looking for a merger. Wouldn't buy, but treat as a hold.
The biggest thing with this company right now, is there going to be a takeover? They indicated they were interested 8/9 months ago but nothing has happened. Past quarter, earnings were great.