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alertmeipp

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Posts posted by alertmeipp

  1. I was expecting this sell off in the market. But to my surprise, Fairfax didn't do much better than some other stocks that moved up 100% in last few weeks. What a disappointment.

     

    The good news is I am a buyer today.

  2. SFK trading down to 33 cents due to ABH contract cancellation.

     

    the SFK convertible bond are trading at 47 cents on a dollar - providing close to 15% yield...and higher yield if you hold it thru maturity.

     

    I bought some bond at 40's...

     

  3. I got more ORH than FFH.

    They are pretty much the same company with the same investment philosophy.

     

    ORH appears to be cheaper now based on book.

     

    But I figure FFH may move faster because Prem is getting his well-deserved attention these days...

     

    Thoughts?

     

     

     

  4. Seriously, unless you are planning on buying index fund... don't make your investment decision based on S&P P/E.

     

    Does it make sense to look at a P/E of Walmart while investing in GE... no, right?

  5. >If GE lost that coveted rating, it could soon find itself out of compliance with some debt and be forced to refinance or pay back outstanding debts.

     

    Again, GE CEO says that's not the case, media just like report what the think rather than facts these days.

    GE has access to the CP program backed by Fed - many of its competitors don't.

     

    verify verify verify

  6. seriously, when did this board turning into "where is the bottom" board.

     

    Looks this is "Berkshire and Fairfax" board and both Prem and Buffet said what they are seeing - values.

  7. I agree WFC is cheap (and I got some at 20% above the current price).

    The confusing part is actual the US Gov. They seems can't make up their minds on the banking system. The coming mortgage cramdown thing for one is totally non-sense.

    Leave WFC/USB alone, I am confidence it will survive and prosper. But with the ever-changing gov intervene, I am not so sure.

     

    I would rather buy GE/AXP/MFC.

  8. Selling way below embedded value. Gaining market share value around the globe.

     

    Risk: More reserve will be needed for their seg. fund as the equity market is down another 15% or so since end of 2008.

    But those are very very conservative on that.

     

    Looks like they will some sort of financing soon. I think it won't be common.

     

    Thoughts?

  9. Anyone still following this one?

    UPS and DHL seems have hard time closing the deal, looks like UPS is dragging DHL's feet and steal their market shares. If they can't close it, DHL's alternative will either be totally out of US or back to ATSG.

    At 20 cents, anyone think it's worth the sweating to be in for a ride?

     

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