29-04-2014, 07:38 PM
I am just looking at the company objectively.
I have no preference currently to like or to dislike.
Just looking forward to what the company has to offer ahead. Not the past...
The pioneers are passing the baton.
Like berkshire, apple, etc, the company managers must be known to be good and shareholder friendly to generate interest and run the company well.
And the business will be run by idiots some day, so i think IBM is doing well in that category.
Leucadia business is kind of complex and till now, even when i don't read the letters by the company, the people on the ground and at large - must be able to know who is next in line... that provides a confidence going ahead.
Just looking at gurufocus for some guru positions, it says a lot that there is no positions after 2013 dec 31.
http://www.gurufocus.com/gurutrades/LUK
Looking at insider buys, so far only one trade last month 4000 shares only.
http://www.nasdaq.com/symbol/luk/insider-trades/buys
Sell
http://www.nasdaq.com/symbol/luk/insider-trades/sells
There is just no catalyst to support the stock price currently, unless the PE comes down or some good dividend is arranged.
I have no preference currently to like or to dislike.
Just looking forward to what the company has to offer ahead. Not the past...
The pioneers are passing the baton.
Like berkshire, apple, etc, the company managers must be known to be good and shareholder friendly to generate interest and run the company well.
And the business will be run by idiots some day, so i think IBM is doing well in that category.
Leucadia business is kind of complex and till now, even when i don't read the letters by the company, the people on the ground and at large - must be able to know who is next in line... that provides a confidence going ahead.
Just looking at gurufocus for some guru positions, it says a lot that there is no positions after 2013 dec 31.
http://www.gurufocus.com/gurutrades/LUK
Looking at insider buys, so far only one trade last month 4000 shares only.
http://www.nasdaq.com/symbol/luk/insider-trades/buys
Sell
http://www.nasdaq.com/symbol/luk/insider-trades/sells
There is just no catalyst to support the stock price currently, unless the PE comes down or some good dividend is arranged.