Australia's largest stock trading and investment forum Australia's #1 stock forum

SRF surfstitch group limited

0.00%

6.8¢

Takeover!, page-9

First 9 Last

Share
Profile

Follow
Hotwasabi

1,603 Posts.

50

10/03/16

17:12

Post #: 17240970
Share

Originally posted by HotCopter ↑

I see it completely differently. I think what's happened is you have a founder/CEO who wants to grow the company and has realised that the market is completely myopic, not willing to invest for the long term and is now heavily undervaluing the company.

Private Equity will take a longer term investment view than the skittish market, which totally capitulated based on not very much. They will make out like bandits when they relist it in a few years yes, but who's fault is that?

This isn't the first time this has happened - founder CEOs are very much invested in their companies, much more so than a typical CEO, and you need to appreciate the psychology of that.

For example the Flight Centre CEO/founder partnered with Pacific Equity Partners in 2007 to take FLT private when the stock market had crushed the share price. That deal didn't happen but the thesis was the same.

Expand

I do hope this is the case. I might accumulate a bit later when the clock starts clicking and the patients wear thin,

SRF Price at posting: $1.32 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

AII

A new NASDAQ listing for a key player in the global critical minerals space

DRO

History repeats for DroneShield investors but carnage so far subdued

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Takeover!, page-9

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

A new NASDAQ listing for a key player in the global critical minerals space

History repeats for DroneShield investors but carnage so far subdued

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News