AFR street walk rumors of PE sniffing around now - Soft US housing puts Reliance Worldwide in PE’s sights (afr.com)

"Street Talk’s aware of a few PE firms keeping a close eye on Reliance Worldwide, following a 20 per cent drop in its market value and knowing listing markets will fret about FY23 and FY24 revenue and earnings when the long-term story remains intact."

I haven't looked at this company in ages but the recent cold snap in the US i imagine should see a temporary bump in sales so surprised it hasn't had that first level thinking bump (everyone must be on holidays). Looks like it maybe trading at a reasonaby attractive valuation too.