Viewing 7 posts - 1 through 7 (of 7 total)
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  • Mike Lawlor
    Post count: 0

    Any news from the meeting this morning? Wondering if any/all/none proposals passed?

    Mark
    Post count: 0

    I spoke with Kingsdale this morning. All four proposals passed. Why would they lie?

    Mike Lawlor
    Post count: 0

    If true, not good for shareholders. Thx. Not understanding why no press release.

    Pat
    Post count: 0

    So all 4 major holders voted with mgmt and are happy with the current trajectory. Is LL being manipulated toward private equity. What else makes sense.

    Mike Lawlor
    Post count: 0

    IDK, how could the institutional ownership be happy? They have all got to be down. I’m confused as well. Grooming for buyout?

    Marvin Gardins
    Post count: 0

    Institutional owners have to see the writing on the wall here. LL needs to find a merger partner (buyer) or risk losing a good franchise to the changing competitive landscape and the sad tariff situation.

    Tariffs will cause losses that LL cannot endure. With an already weak balance sheet and cash position, LL will continue to weaken. They truly cannot afford to spend on a traffic building campaign, and should actually start cost cutting in an effort to trim losses.

    I hope management has bigger brains than balls and isn’t being naive here. They really need to hire an IB if they have not done so already.

    Every other distributor or sales outlet in building products has been rolled up into groups to lever distribution, general management, and marketing.LL is a holdout, but understandably during the Litigation as no buyer would dare touch them until legal matters had been resolved.

    Whats the holdup?

    Marvin_gardins
    Post count: 0

    Lets be frank.

    No pe fund is going to give any honest answer to questions regarding takeover intentions. Neither is company management.

    But right now would be a great time for a buyer to make a bid. A bid of $30 would buy the company, and i am sure a good manager could sell it for $80 in 3-5 years.

    This is an ideal acquisition for a foreign manufacturer or a domestic LBM conglomerate.

    Lets see what happens.

Viewing 7 posts - 1 through 7 (of 7 total)
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