did you see news on your former employer today--broke off to 3 seperate divisions and stock up almost $4 --wonder why they didn't do that sooner--got any scoop from insiders?
DJV
- Thread starter DOGS THAT BARK
- Start date
It will be a 5 to 8 month process. How much extra we get in are hands will depend what they sell plumping for. It will remain as ASD but Trane will use its name as in the past. That is where most of the money comes from. I think Trane by it self last year did 6.3 billion. Also this is why no one seemed to know anything about that company in China. Since that is a stand alone it will be sold. At least my old V P believes that. Said trouble in getting good product out of those two plants is on going. None of that stock was offered to best of his knowledge to any US workers. Estimate by there financial division believe stock will run to 62/65.
And if they get great price for sale of other parts. We could see mid 70's again. Posses is staying on to finish this. But if not done by January 08 he's done by the bi-laws. Trane is expecting big 07. Est is it could grow by 5 to 600 million. Those island there making out of dredging sand from sea in mid east Dubai. Trane has A/C contract for all of them. It will take close to 2 billion just for that to be completed over next two years. In any case they have nothing but good to say.
And if they get great price for sale of other parts. We could see mid 70's again. Posses is staying on to finish this. But if not done by January 08 he's done by the bi-laws. Trane is expecting big 07. Est is it could grow by 5 to 600 million. Those island there making out of dredging sand from sea in mid east Dubai. Trane has A/C contract for all of them. It will take close to 2 billion just for that to be completed over next two years. In any case they have nothing but good to say.
DTB wow it's like I still work there. Just had a couple early calls from folks who know whats up.
Most of above is dead on. But those China plants they let them go back last year. Not sure when. That out fit is allowed to use American Standard name in its literature. They believe 2 years. And they can only sell as we were told before in China at this time.
Also the name will change back to Trane. They did a survey last year world wide and the Trane name came out at 2 to 1 with more name recognition then ASD. That and there selling off plumping witch was the American Standard portion anyway. Sounds like H Q could with in a year or two come back here. Make sense to me as it should being a smaller city boy then places like NY. Besides its a beautiful place siting on 42 acres with a great pond and 75/100 years old huge trees. It looks like a picture. And the asking price estimated for plumping is 2.3 billion. But if they sell that building in down town NYC they may ask more. But because plumping does about 2.4 billion in sales. These guys said they cant get that price. Now the best part. Wabco over in Europe will be spun of thru a puplic overing. That division does about 2.1 billion a year. And MAKES a good proffit. You and Me and others will get one share of that company for every three share of Trane we have. I'll take
it. If put on market at fair price. I believe it will double in a year. And with money made with sale of plumping going to help pay down some dept. And buy out pay or those leaving. these two guys both said Trane stock old ASD should see 80 not 70.
Most of above is dead on. But those China plants they let them go back last year. Not sure when. That out fit is allowed to use American Standard name in its literature. They believe 2 years. And they can only sell as we were told before in China at this time.
Also the name will change back to Trane. They did a survey last year world wide and the Trane name came out at 2 to 1 with more name recognition then ASD. That and there selling off plumping witch was the American Standard portion anyway. Sounds like H Q could with in a year or two come back here. Make sense to me as it should being a smaller city boy then places like NY. Besides its a beautiful place siting on 42 acres with a great pond and 75/100 years old huge trees. It looks like a picture. And the asking price estimated for plumping is 2.3 billion. But if they sell that building in down town NYC they may ask more. But because plumping does about 2.4 billion in sales. These guys said they cant get that price. Now the best part. Wabco over in Europe will be spun of thru a puplic overing. That division does about 2.1 billion a year. And MAKES a good proffit. You and Me and others will get one share of that company for every three share of Trane we have. I'll take
it. If put on market at fair price. I believe it will double in a year. And with money made with sale of plumping going to help pay down some dept. And buy out pay or those leaving. these two guys both said Trane stock old ASD should see 80 not 70.
