Steve Hoedt
Steve Hoedt
breakup businesses create looking possible price target upside value
We're looking at a target price on this of $30 and that's right in the neighborhood of where it's at now. It's possible that you could get a little more upside from it, but if you look at the businesses on a cash-flow valuation basis, a breakup wouldn't create that much more value than what we've seen.
child demand equipment poster sign
The need for oil-sand equipment is the poster child of new demand. We don't see any sign of demand slowing.
benefits businesses company creation engineered fire industrial keeps management potential products reduce security seen team value
This was a company that never really got the benefits of being a conglomerate. The value creation is going to be seen in what businesses Tyco keeps - the industrial businesses, engineered products and fire and security - because that's where the management team has the potential to reduce costs.