Gehl in the Storm

For 150 years Gehl (GEHL), pronounced Gale, has been maufacturing and selling lift trucks and other construction related vehicles. Currently, experiencing a recession in their domestic buisness, the deep value of the company's fundamentals beg a look at for potential investing.

Trading at a fraction sales and book values and a very low PE, one wonders how long this company can remain independent. JLG was bought by Oshkosh Truck (OSK) and the relatively small price a buyer would need to take Gehl into their fold is attractive.

Gehl is probably the last smaller player in this field and it would be no surprise to this writer if they were bought within a year's time.

Disclosure: Author has a long position in GEHL