Hey! I saw your post pop up on my homepage and wanted to show some support. If you get a chance, I’d really appreciate a little love on my latest newsletter too always happy to boost each other!
I am a big fan of Bradley Jacobs (very heavily invested in QXO) and was looking for a similar investor to follow. I think Martin Franklin has a similar track record of mergers and acquisitions and was happy to find your article on TIC. My question is being a spac, once the merger is finalized later this year could there be a significant price correction? I noticed with APG the price cratered from $12 down to $3.70 before going on to reach over $50. I'm wondering if there will be a similar price reaction to this stock when the merger is announced. Spacs tend to come loaded with lots of garbage like cheap shares and warrants and many people do a quick exit to lock in profit. Kind of leery to buy at current price and wonder what the chances are of a price correction happening later this year. Thanks for bringing this excellent company to my attention!
Hi. There’s no way to know if there will be a correction. The NV5-Acuren merger is set to be completed in the second half of the year. It’s positioned to benefit from revenue synergies and cost synergies. Also, Franklin typically doesn’t dump his shares, he is a long term holder. Also “SPAC” usually carries with it a negative connotation, but Franklin has been doing these for years and is not a scammer. Although he is certainly incentivized with preferred shares and so forth.
I agree. Was watching interviews of him on YouTube and he does not take promote shares or warrants but rather aligns his performance with investors. Very impressive!
Hey! I saw your post pop up on my homepage and wanted to show some support. If you get a chance, I’d really appreciate a little love on my latest newsletter too always happy to boost each other!
I am a big fan of Bradley Jacobs (very heavily invested in QXO) and was looking for a similar investor to follow. I think Martin Franklin has a similar track record of mergers and acquisitions and was happy to find your article on TIC. My question is being a spac, once the merger is finalized later this year could there be a significant price correction? I noticed with APG the price cratered from $12 down to $3.70 before going on to reach over $50. I'm wondering if there will be a similar price reaction to this stock when the merger is announced. Spacs tend to come loaded with lots of garbage like cheap shares and warrants and many people do a quick exit to lock in profit. Kind of leery to buy at current price and wonder what the chances are of a price correction happening later this year. Thanks for bringing this excellent company to my attention!
Hi. There’s no way to know if there will be a correction. The NV5-Acuren merger is set to be completed in the second half of the year. It’s positioned to benefit from revenue synergies and cost synergies. Also, Franklin typically doesn’t dump his shares, he is a long term holder. Also “SPAC” usually carries with it a negative connotation, but Franklin has been doing these for years and is not a scammer. Although he is certainly incentivized with preferred shares and so forth.
Thx for sharing boss
No problem !
I agree. Was watching interviews of him on YouTube and he does not take promote shares or warrants but rather aligns his performance with investors. Very impressive!