Re: ..one stock for your long term portfolio.$$$.
I take it you think the market overreacted to Katrina's impact on MRH? Looks like they're expecting a $450M-675M hit, on a company that has $200M in cash and $200M/yr in revenues. They're going to have to do some heavy-duty borrowing or issue new stock.
There's probably some point where it would get cheap enough to buy, but that would be when the price/book, including the Katrina damage, was around or below 1. Am I missing something? |
Re: ..one stock for your long term portfolio.$$$.
yup
gl just cause hitler liked wagner; don't make it bad music.. lol gl [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/wink.gif[/img] [img]/images/graemlins/club.gif[/img] |
Re: ..one stock for your long term portfolio.$$$.
youre not outthinking the market
they have alot more cash than that arent liable for the entire damages amount- associated with berkshire and they OVERSTATE liability issued stock revenues will go up now |
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