SHV 0.00% $3.87 select harvests limited

the road block, page-24

  1. 7,635 Posts.
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    Hi March09,
    An SP of $3 is based on the fact that market dynamics will force Olam to make a bid for SHV.
    Future EPS/cash flow/Div. is only relevant if Olam doesn't exist.
    $3 seems to be a reasonable opening bid ( it has nothing to do with whatever price old & recent investors paid ,rather with prevalent market forces at the time Olam makes its move)
    There is a very slim chance that SHV will escape & stay independet.
    What we are doing now (by increasing our orchards),is forcing Olam to pay a decent price.
    Regards.
 
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