JAMCO Is Set To Be Acquired
Source: SeekingAlpha
2025-02-13 11:00:12 ET
Summary
- I maintain a hold rating on JAMCO, despite an 18% stock decline, due to insufficient OTC trading volume affecting price alignment with its Japanese listing.
- JAMCO operates in four segments: Aircraft interiors, seats, components manufacturing, and maintenance.
- The acquisition offer of $11.68 per share is somewhat fair but not outstanding.
- I expect the OTC ticker to convert to cash at the acquisition price by mid-2025, making JAMCO a hold for better price reflection.
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JAMCO Is Set To Be Acquired
Jamco Corporation
NASDAQ: JMCCF
JMCCF Trading
0.0% G/L:
$9.57 Last:
2 Volume:
$0 Open:
