Seeking Alpha

tnk4800 » Comments » TEX

  • Terex Should Buy Back Its Shares in Place of Fantuzzi [View article]
    Stop the Fantuzzi deal? Typical short term, immediate gratification thinking. Has this guy read anything, studied, tried to understand the realities of explosive growth taking shape with CHINDIA? I don't think so, if he did he'd understand the incrediable value fantuzzi adds to your dollars invested in TEX. World Seaports,growth of Industry, Power & Refining Plants,.... Man your Talking Cranes!!! Lot's of Cranes. and Fantuzzi is a perfect fit and makes perfect sense for the Terex Crane Group now and well into the future.

    Time to renegotiate the actual purchase amount for Fantuzzi and the terms of payment as current conditions do dictate that but dropping the deal would be costlier and not just because of the penalty to back out.

    and another thing.... Caterpillar although part of the sector and industry it is certainly not a competitor to Terex. Cat targets dirt moving and has virtually become a marketing rather manufacturing retail commodity where as Terex is positioned to strike markets that have only two other competitiors Liebherr and Manitowoc, both of whom think and demand greater return on investments. This mans opinion certainly is justified from a bean counters view but in this industry sector an anylist needs to
    get out onto a job site and see what equipment really makes the long dollar.....hint ...CRANES!!!!!
    Nov 28 17:40 pm |Rating: +1 0 |Link to Comment
More on TEX by tnk4800
Comments by Ticker
tnk4800's
Comments Stats
2 comments
Rating: 1 (1 is - 0 )