Q: Hi 5i team,
I just received notice from PFB that the board wants to sell out to
PFB Bidco for 24.10/share, a small premium to the current trading price. Am I correct in seeing this as just a way of taking the company private? Would that indicate that the trading price has been too low in their opinion? Any general lessons I should learn from this? (I'm in a profit position, but I was holding under the belief that there was still lots of upside.)
As usual, thank you so much, 5i, for your investment help and opinions.
I just received notice from PFB that the board wants to sell out to
PFB Bidco for 24.10/share, a small premium to the current trading price. Am I correct in seeing this as just a way of taking the company private? Would that indicate that the trading price has been too low in their opinion? Any general lessons I should learn from this? (I'm in a profit position, but I was holding under the belief that there was still lots of upside.)
As usual, thank you so much, 5i, for your investment help and opinions.
Q: Could I get your take on earnings just released. Margins have slipped but sales increased. The special divi shows confidence by the board...? And this is a thin trader. What musings would you have about this one?
Q: Any updates with respect to your opinion of PFB? A bit of weakness lately, but just the joys of a thin trader I would think.