May. 14 at 3:39 PM
$LWAY my thinking remains the same that a deal will get done. expanded distribution is great, branded volume growth is great. continue growth and strong increase on quarterly net income.
they continue to reiterate that 2027 adjusted EBITDA figure of
$47-50M because that is very likely where the want the deal priced. I don’t think they’ll get that high of a valuation but do think they will reach a sale price.
A lot of noise continuing from Edward and I have to imagine it’s getting exhausting for all of them. Growth is not as explosive as it could be under the fold of a larger organization. They’ll get better pricing negotiation power for packaging, milk, distribution etc if folded into a strategic or merged with a larger business.
A very solid target sale price per share here is
$32 IMO. Nearly 50% above current share price and equivalent to around
$500M market cap
just my thinking, could be way off base here given management stubbornness
