Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / DIIBF - Dorel: Ride This COVID Beneficiary With FCF Yield Of Over 30% And 100% Upside

DIIBF - Dorel: Ride This COVID Beneficiary With FCF Yield Of Over 30% And 100% Upside

Dorel Industries Inc
  • Dorel was subject to a failed take-private by management. Shareholders thought the bid was inadequate and rejected it. As a result, risk arbs are forced to sell, pressuring the stock.
  • Dorel is trading below the proposed take-private price, equating to a FCF yield of over 30%.
  • At the same time, fundamentals for the business are extremely strong, benefitting from unprecedented demand for bikes and home furniture due to the Covid effect.
  • Today, public investors can buy Dorel well below where management insiders and private equity were prepared to bid for the whole company, benefitting from tailwinds and FCF generation.

For further details see:

Dorel: Ride This COVID Beneficiary With FCF Yield Of Over 30% And 100% Upside
Stock Information
Company Name: Dorel Industries Inc
Stock Symbol: DIIBF
Market: OTC
Website: dorel.com
Menu
DIIBF DIIBF Quote DIIBF Short DIIBF News DIIBF Articles DIIBF Message Board
Get DIIBF Alerts

News, Short Squeeze, Breakout and More Instantly...