Author Topic: LUK - Leucadia  (Read 409161 times)

petec

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Re: LUK - Leucadia
« Reply #1160 on: February 05, 2018, 05:35:09 AM »
FYI today's Barron's are pushing LUK as mini-Berk with some SOP valuation.

Disclosure: No position, no interest.

Haven't seen the article but my (pretty basic) SOP today is $25/share with decent optionality in several of the units. They need a period of volatility to do some good deals.


Liberty

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LowIQinvestor

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Re: LUK - Leucadia
« Reply #1163 on: February 09, 2018, 07:57:42 AM »
The sale of National Beef should significantly juice reported book value.

LUK is carrying Beef at around $700M (BV) & the co did $500M in EBITDA.

LUK owns 79% of National Beef.

I think a sale is on the horizon.

Buying LUK today

LowIQinvestor

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Re: LUK - Leucadia
« Reply #1164 on: February 13, 2018, 11:18:56 AM »
Allan Mecham - Arlington Value Capital 's 4th largest position is LUK
( right behind IBKR, BRKB, & CMPR)
http://www.dataroma.com/m/holdings.php?m=AV

Spekulatius

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Re: LUK - Leucadia
« Reply #1165 on: February 13, 2018, 03:23:24 PM »
The sale of National Beef should significantly juice reported book value.

LUK is carrying Beef at around $700M (BV) & the co did $500M in EBITDA.

LUK owns 79% of National Beef.

I think a sale is on the horizon.

Buying LUK today

But they also have $450-500M charge from deferred tax asset revaluation pending that is going to hit the book value.
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