Smartkarma Daily Briefs

• The long-stop date for the satisfaction of the offer conditions has been extended from 9 April to 9 August, to help Dian Swastatika Sentosa (DSSA IJ) obtain shareholder approval.
• An alternative explanation is that the Widjaja family’s offer for Golden Energy & Resources (GER SP) is increasingly looking unattractive in light of Stanmore Coal (SMR AU)’s share price rally. 
• The offer remains light and we think that there is a good chance that the Widjaja family will raise its offer (likely a bump to the delisting price) to succeed.  

• Acrow Formwork and Construction Services (‘ACF’) and Big River Industries (‘BRI’) are key players within the Australian Building Products and Distribution markets.
• Acrow focuses upon Formwork, Industrial Services and Scaffolding; and Big River specialises in the manufacturing of timber veneer, plywood and formply, and distribution of building supplies.
• Both businesses have undergone significant strategic pivots over the past 4-5 years and are now reaping the rewards.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

• Heico had another successful quarter and managed an all-around beat driven by record performance within the Flight Support Group.
• The Flight Support Group’s operating income and net sales have increased sequentially.
• Heico’s ETG Group finalized the acquisition of TRAD Tests & Radiations, a pioneer in the extremely specialized field of radiation engineering.

• TransDigm managed to deliver yet another all-around beat in the recent result.
• Their value generation process heavily relies on their capital structure and allocations and has worked well in the post Covid environment.
• Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

• Despite the world economy slowing down in the third quarter, particularly outside the U.S., UPS managed an all-around beat.
• The execution of their customer-first, people-led, innovation-driven strategy has fundamentally improved many parts of their business, resulting in stronger operating margins.
• In addition, they finished the first phase of their smart package, smart facility implementation, enabling RFID label technology in 101 buildings.

• The long-stop date for the satisfaction of the offer conditions has been extended from 9 April to 9 August, to help Dian Swastatika Sentosa (DSSA IJ) obtain shareholder approval.
• An alternative explanation is that the Widjaja family’s offer for Golden Energy & Resources (GER SP) is increasingly looking unattractive in light of Stanmore Coal (SMR AU)’s share price rally. 
• The offer remains light and we think that there is a good chance that the Widjaja family will raise its offer (likely a bump to the delisting price) to succeed.  

• Acrow Formwork and Construction Services (‘ACF’) and Big River Industries (‘BRI’) are key players within the Australian Building Products and Distribution markets.
• Acrow focuses upon Formwork, Industrial Services and Scaffolding; and Big River specialises in the manufacturing of timber veneer, plywood and formply, and distribution of building supplies.
• Both businesses have undergone significant strategic pivots over the past 4-5 years and are now reaping the rewards.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

• Heico had another successful quarter and managed an all-around beat driven by record performance within the Flight Support Group.
• The Flight Support Group’s operating income and net sales have increased sequentially.
• Heico’s ETG Group finalized the acquisition of TRAD Tests & Radiations, a pioneer in the extremely specialized field of radiation engineering.

• TransDigm managed to deliver yet another all-around beat in the recent result.
• Their value generation process heavily relies on their capital structure and allocations and has worked well in the post Covid environment.
• Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

• Despite the world economy slowing down in the third quarter, particularly outside the U.S., UPS managed an all-around beat.
• The execution of their customer-first, people-led, innovation-driven strategy has fundamentally improved many parts of their business, resulting in stronger operating margins.
• In addition, they finished the first phase of their smart package, smart facility implementation, enabling RFID label technology in 101 buildings.