Mid-cap bid target
(Full access for Lifetime Members only)
Mid-cap bid target
28 March 2024
Boring products can make for fabulous businesses. As the old English saying goes: "Where there is muck, there is brass."
In this case, it is quite literally true. This company deals with sh**.
Yet, it has already attracted multiple potential suitors. More than once was this company in the crosshairs of potential bidders.
By 2026 (or earlier), the business is likely to be sold. Management has been incentivised to put the company in order, and more than one major shareholder will be keen to get an exit.
This is – quite literally – a sitting duck for anyone interested in high-quality European businesses that could attract a takeover bid.
By mid-2026, the share price is likely to trade 100% higher than today. A bid could then come in even a bit higher.
Even just the name of this company is a valuable lead, which is why all further details are exclusively available to Undervalued-Shares.com Lifetime Members.
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