LowIQinvestor

BRK at close to BV is good enough for me! ( rather be roughly right than precisely wrong ) Railroad values holding up nicely ( see Union Pacific stock ) Apple on fire tons of dry powder Adding today very aggressively have a great day!

Vivendi SOTP indicates this is 50% + undervalued UMG alone is worth $33B & total market cap is currently $24B Ticker: VIVHY Anyone else looked at this lately? It seems crazy https://variety.com/2020/music/global/vivendi-closes-sale-of-10-of-umg-to-tencent-led-consortium-1203549838/ https://www.bloomberg.com/news/articles/2020-04-20/vivendi-sales-gain-as-justin-bieber-helps-offset-hit-to-ad-unit

VIVHY catalyst within 6 months ( sale of 50% of UMG) UMG worth $23 billion-$35 billion Vivendi current market cap about $30 B Mr market is asleep on this one!

RCII It will be sold in Q2 8)

OFG Bancorp - OFG trading at 50% of TBV leading NIM conservative mgmt & balance sheet

OFG Bancorp- ( OFG)- Buying aggressively! half of tangible book value buybacks in Q1 Possible acquisition candidate by BPOP HAPPY NEW YEAR!

Anyone know Arlington Value's fee structure?

Race, Just curious, why don't you have any other choice than IB?

What does it cost annually to maintain an OTC public listing? Trying to figure out at what market cap does it simply become uneconomical to maintain. What other costs are incurred as a listed microcap company? Thanks!

I'm up to my eyeballs in CHINA MOBILE ( CHL) It gets cheaper every day! ::)

uh, Holy $shit. SKYAY just got acquired by Fox #timestamp Better luck than good

SKYAY up 30% since I just posted about it :)

Vivendi- VIVHY owns Universal Music Group ( controlled by Bollore) SKYAY- Sky Plc Pay TV/ Quad Play (controlled by Rupert Murdoch. FOX)

China Mobile ( CHL) Silly cheap and growing dominant biz

Yes, the preferred units carry a 6% coupon

SXCL being acquired for 55% premium, $17.80/share Steel Partners currently owns approximately 64% of Steel Excel’s outstanding shares. Under the agreement, Steel Partners, through a wholly owned subsidiary, will commence an exchange offer to acquire all of the outstanding shares of Steel Excel’s common stock (not owned by Steel Partners or any of its affiliated entities) for $17.80 per share Steel Partners Signs Definitive Agreement To Acquire Remaining Shares of Steel Excel http://finance.yahoo.com/news/steel-partners-signs-definitive-agreement-211500223.html

I understand the historical precedent set by Warren in regards to this joke (setup). But I find it curious that he said" GM " . Berkshire already owns about $1B of GM and just like when he mentioned MSFT years ago, I bet he thinks GM is extremely undervalued now. He chooses his words carefully...why would he want to mislead a bunch of University students into buying GM if he didn't think it was a worthy investment.... I guess we will find out once 13-Fs come out....

https://blogs.rhsmith.umd.edu/davidkass/uncategorized/warren-buffetts-meeting-with-university-of-maryland-mbams-students-november-18-2016/ "He said that recently he stood across the room from Charlie Munger (age 92) (CM) and said “Let’s buy General Motors at 33, do you agree?” Since there was no response, he moved closer and repeated the same statement. Again, no response. Then he went very close to CM and repeated his statement. CM replied “for the third time, yes!”

SXCL was last time I checked. Below Net cash on balance sheet. Issues with oil services exposure though.

Thank you thelads!

Not sure if anyone can help but here it goes: I am putting together a hedge fund pitch book and am looking for assistance from a marketing/graphic design professional. Anyone know of a company that has experience in creating high quality PowerPoint presentations for the financial services industry? I am launching a small fund so I need something reasonable in terms of cost. Thanks in advance.

CHINA MOBILE ADR ( CHL) Dirt cheap $15/share in net cash around 9 PE

Oddball, Curious why you mentioned VULC? I own some shares and have tried to get in touch with mgmt to get full financials etc. Left voicemails, wrote emails and all I got was radio silence.

http://www.cnbc.com/2016/04/07/socgen-warns-of-tidal-wave-of-corporate-default.html This reminds me of the RBS "Sell Everything" call a couple months ago...

SXCL shareholder letter is out: http://investor.steelexcel.com/phoenix.zhtml?c=97782&p=irol-secText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwODMzNTkzJkRTRVE9MiZTRVE9JlNRREVTQz1TRUNUSU9OX0VYSElCSVQmZXhwPSZzdWJzaWQ9NTc%3d "At December 31, 2015, the Company had cash and marketable securities totaling $127.9 million, and an NOL of $139.1 million." Does anyone know if Fairfax still owns some of SXCL? Or was it Steel Partners?