Silverdell (LON:SID) - placing completed
Jul 04th 2012 - Edison Investment Research today published a report on Silverdell (SID.L, LSE:SID, LON:SID) entitled "Placing Completed". In summary, the report says:
The £20.6m acquisition of Euro Dismantling Services (EDS), completed 20 June, doubles Silverdell’s revenues. EDS’s business is complementary, expands Silverdell’s geographic horizons and provides significant opportunities for cross-selling. The challenge is for management to exploit the opportunities successfully and manage the step up in size and its attendant potential. The current valuation does not recognise this potential.
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