Shiloh Industries Inc (SHLO) News

Bankruptcy Plan Effective / Shares Cancelled

SHLOQ: BK PLAN effective. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Since the buyout of SHLOQ debt, will the new owners promote this ticker? I would like to think so. Because it would raise moral of their employees, SHLOQ being peoples retirements are in shareholders of the company. A little PR would be nice along with filings. Maybe some day. Presently, mums the word along with silence.

December 1, 2020
MiddleGround Capital Acquires Shiloh Industries, Inc.

Lexington, KY., November 30, 2020, MiddleGround Capital announced today that it has acquired majority ownership of Shiloh Industries, Inc. This is MiddleGround’s seventh platform acquisition made from its first fund and the firm’s fifth acquisition of 2020. This transaction also marked MiddleGround’s second automotive deal sourced, diligence, and closed during the COVID-19 pandemic. MiddleGround is actively investing in lower middle market B2B industrial businesses headquartered in North America from its first institutional fund.

https://middlegroundcapital.com/news/

Mergers and Acquisitions MiddleGround Capital

3,842 followers
2w

Thank you Mergers and Acquisitions for the Honorable Mention for Manufacturing Deal of the Year. We are excited with our acquisition of Shiloh Industries and it is nice to be recognized. David Walden and Brandon Hamel did a great job executing this deal during a difficult time. We also want to thank the whole management team at Shiloh for their support.

https://www.linkedin.com/company/middlegroundcapital?trk=similar-pages_result-card_full-click

Brad E. Tolley Named President of Shiloh Industries

January 21, 2021, Plymouth, Michigan –MiddleGround Capital, a private equity firm that makes control equity investments in lower middle market North American companies in the B2B industrial and specialty distribution sectors, has appointed Brad E. Tolley, president of Shiloh Industries. Tolley takes the helm following MiddleGround Capital’s recent acquisition of Shiloh, an environmentally focused global supplier of lightweighting, noise and vibration solutions.

https://shiloh.com/2021/01/21/brad-e-tolley-named-president-of-shiloh-industries/

Middleground Capital Acquires Shiloh Industries, Inc.

Lexington, KY., November 30, 2020, MiddleGround Capital announced today that it has acquired majority ownership of Shiloh Industries, Inc. This is MiddleGround’s seventh platform acquisition made from its first fund and the firm’s fifth acquisition of 2020. This transaction also marked MiddleGround’s second automotive deal sourced, diligence, and closed during the COVID-19 pandemic. MiddleGround is actively investing in lower middle market B2B industrial businesses headquartered in North America from its first institutional fund.

https://shiloh.com/2020/12/01/middleground-capital-acquires-shiloh-industries-inc/

SHLOQ silent, https://www.linkedin.com/company/shiloh-industries

Shiloh Industries April 5 ·

We’re hiring! Our Wellington, Ohio location is looking for Press Techs, Tool & Die Techs, and Electrical Maintenance Techs. Check out all of our open positions at Shiloh.com/careers. Apply today! #jobs #nowhiring

https://www.facebook.com/ShilohIndustries

Was pretty pictures...

Powertrain https://shiloh.com/powertrain/


Image Gallery https://shiloh.com/media/image-gallery/


Body in White Image Gallery

Chassis & Suspension

Closure Image Gallery

Electric Image Gallery

Exhaust Image Gallery

Non Automotive Image Gallery

Powertrain Image Gallery

Seating Image Gallery

For additional inquires, contact marketing@shiloh.com.

SHL Liquidation Industries Inc. (f/k/a Shiloh Industries, Inc.)

Case No. 20-12024

https://cases.primeclerk.com/shiloh/Home-DocketInfo

.12 SHLOQ is exiting Ch. 11, and is still hiring.

https://cases.primeclerk.com/shiloh/Home-DocketInfo
__________________________________________________________________________________
Need DD about $SHLOQ reorganization. Anyone knowledgeable?

Something about 300m debt reorganized.

Will this ticker change to Grouper since they have been acquired ?

Yes, if they do nothing to the shares they keep them as is and keep trading as is. It is not up to the judge or company if they stay on the OTC. I don't know what is going on there. Judges usually like to see nothing done to commons. But a company can do as they please.

Thanks for the reply. When you say they could void them or do nothing, and that the judge usually wants the common holders not to be impacted, does that mean that if they 'do nothing' they will continue to be traded OTC so that they shareholders keep their shares? If the judges preference is common holders are not impacted, what would the judge in that case like to see done to protect them? Sorry - very new to this and appreciate your input.

Don't gamble on anything in the stock market.

Doc, would it be a gambling bet, with some foolish money, to buy a few shares of SHLO in hopes of treasure, or would it be the most stupid thing I've ever done it my life?

Oh, OK, thanks.

There are people on this site that know more than me. I either was never in this or it was a while back and I don't remember it.

You're very knowledgeable. Are you still in?

Chapter 11 is reorganization. That means they are not going bankrupt and are just going to reorganize the company. Nothing will be returned to the shareholders. They could do many things with the commons. They could void them out or do nothing. Judges usually wish that shareholders are not hurt in whatever they do.

$SHLOQ, $0.10, huge 240k share bids. very thin at asks. Delisted from NASDAQ Sept 10, 2020. 52 week high: $4.32 (NASDAQ), It was even high as $12.3 in 2018.

O/S: 24 m, extremely low!

Volume usually exceeds shares when there is a lot of flipping. Then shares may be traded a few times a day. The volume today is very low.

Hello Doc, Can i bother you with a quick question? Looking at your posts you seem to be well informed. I have a (small) position in SHLO and no experience in chapter 11 scenarios. At then end of the process will there be some amount of equity that will be returned to common stockholders? If yes then do you have any idea as to what to expect? Thanks in advance.

QUESTION ????????

How can Volume GREATLY exceed Outstanding shares?????

Is this thing ever going about $1 again?

SHLO changed to SHLOQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Delisting on this Thursday...

starting to surge just re hit hod

Those trades going in at 6 digits are stupid. 1/10,000 of a cent

Thanks. That is huge

Judge said he doesn't want the commons affected.

$SHLO -Many traders are wondering why BUY" just another Chap 11 ticker with volume?
nope SHLO is much more than that!!! SHLO have the potential to hit $2-4 in a single day READ:

FLOAT-15.5m-super low float, can rocket really fast.
Wall Street analysts- Given price Target of $4

CASH ON HAND- for $100m+ and no interruption to day-to-day operations...including customer commitments and incoming shipments from suppliers.
Grouper Holdings, LLC (“Grouper”), a subsidiary of MiddleGround Capital LLC
will acquire substantially all of the Company’s assets, including the equity interests of
certain of the Company’s direct and indirect subsidiaries for an aggregate consideration of $218 million in
cash. .https://shilohrestructuring.com/wp-content/uploads/2020/09/Shiloh-Industries-Inc.-Receives-Court-Approval-of-22First-Day22-Motions-to-Support-Business-Operations.pdf



TWITTER-Shiloh has received GM's 2019 Supplier Quality Excellence Award at our Warren and Wegman Drive facilities. The award recognizes top performing suppliers who have demonstrated consistent quality performance throughout the year. https://t.co/ZvoKeGUxFt pic.twitter.com/A4NuYhZ454— Shiloh Industries (@ShilohInd) June 24, 2020

Another KEY" detail, SHLO is traded on the NASDAQ which means they need the price to be much higher.
This is the stock you buy 100k size and hold..JMHO.GL.

SHLO " This Stock’s might change the Kismet of Investors: Shiloh Industries, Inc. (NASDAQ:SHLO), SM Energy Company (NYSE:SM)
September 7, 2020 - by Jake Charles

http://www.stocksequity.com/active-stocks/this-stocks-might-change-the-kismet-of-investors-shiloh-industries-inc-nasdaqshlo-sm-energy-company-nysesm/

SHLO Stock Traders Purchase High Volume of Shiloh Industries Call Options (NASDAQ:SHLO)

" Shiloh Industries, Inc. (NASDAQ:SHLO) saw some unusual options trading on Thursday. Traders acquired 3,508 call options on the company. This is an increase of approximately 1,681% compared to the typical daily volume of 197 call options. "

Read More: https://www.americanbankingnews.com/2020/09/03/stock-traders-purchase-high-volume-of-shiloh-industries-call-options-nasdaqshlo.html

Doc (or anyone) - will the common shareholders be saved like they were in BRTXQ? Also, when will the Q be added to the ticker? I am working on my DD now but won't go any further unless I know the commons are not impacted. Thanks

SHLO Re-Post from ST ,, " Markets were down about 6% last two days.....
What stocks up last Two days?? Give You a Hint !!

See Daily Chart.
Nice Upside GAP Needs to Fill .... and will..
As most upside Gaps DO Fill ..
Stair Stepping Higher and Higher

What can this stock do on a Up Market Day ??
...At the beginning of the week..
Instead of the end of the week and Profit Taking Friday?

Break Above $1.00 Tuesday??
Wednesday?
Either way, is a nice 39% Gain from Fridays close to $1.00

Fridays Volume about 24 times Normal Average Volume

https://stocktwits.com/Trade4Fun58/message/242062608

$SHLO

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158136568

https://finance.yahoo.com/quote/SHLO?p=SHLO

Nice. The court granted them to forget the bankruptcy and do a chapter reorganization Chapter 11 instead. They will go to court the 9th or 10th and file the Chapter 11. Court already said it can't affect the shareholders. This stock was at $15 and is still listed as a big board stock and trades on extended hours. They have to bring up the price to stay on the big board exchange.

https://shilohrestructuring.com/wp-content/uploads/2020/09/Shiloh-Industries-Inc.-Receives-Court-Approval-of-22First-Day22-Motions-to-Support-Business-Operations.pdf

Didn’t this just exit BK?

Liquidity is here....SHLO

Easily...

Agreed Doc...

* * $SHLO Video Chart 09-04-2020 * *

Link to Video - click here to watch the technical chart video

About $72 million traded.

This fell from $15. Should climb for a long time.

Came close to dollar land. It will get there easy.

News; $SHLO 3 Penny Stocks Under $1 To Watch Before Q4

Are These Penny Stocks Under $1.50 On Your Radar A general rule of thumb with penny stocks is the lower the price, the higher the volatility. Since the standard definition of penny stocks references stocks under $5, you’ve got a broad range to look at. However, the closer the price...

Find out more SHLO - 3 Penny Stocks Under $1 To Watch Before Q4

* * $SHLO Video Chart 09-03-2020 * *

Link to Video - click here to watch the technical chart video

He was wrong every time he called it.