Jump to content

KHD (Toronto)


Hawks

Recommended Posts

Is anyone on this board following or has invested in Canadian Hydro Developers?  Transalta has made a takeover offer at $4.55.  KHD management is telling shareholders to reject this hostile,  low-ball offer, and is soliciting offers from a "white knight". I have heard that some analysts think the value in this business is more like $6-7.00.

 

Huge volume today, and yesterday which may indicate that another company is accumulating shares for a counter-bid.

 

I've owned KHD for sometime and believe management is correct is saying the current takeover price underestimates the KHD future revenues and profits.

 

Would like other opinions from members if you are knowlegeable of KHD.

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...