Author Topic: Next Berkshire acquisition speculation  (Read 12873 times)

LC

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Re: Next Berkshire acquisition speculation
« Reply #20 on: August 12, 2019, 06:49:52 PM »
If Uncle Warren really cared he'd buy me out of my portfolio  ;D

SNAP could be a decent acquisition. Hell, he could buy NIKE if he wanted.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
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gfp

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Re: Next Berkshire acquisition speculation
« Reply #21 on: August 13, 2019, 10:12:42 AM »
Well they are not in negotiations to buyout GE at the moment, or Larry probably would refrain from buying his own stock -
https://www.sec.gov/Archives/edgar/data/40545/000123120519000160/xslF345X03/edgar.xml

james22

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Re: Next Berkshire acquisition speculation
« Reply #22 on: August 15, 2019, 07:57:22 AM »
Fannie Mae and Freddie Mac, der.
BRK, BAM l SV, EM l Fannie Mae, Freddie Mac l Stable Value, Cash Value

eatliftinvestgolf

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Re: Next Berkshire acquisition speculation
« Reply #23 on: August 21, 2019, 04:34:06 PM »
Uber, at a much lower market cap.

Castanza

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Re: Next Berkshire acquisition speculation
« Reply #24 on: September 12, 2019, 06:04:59 AM »
Sheetz gas station chain.

- People love Sheetz food.
- Tesla Charging stations. Not unique but their atmosphere and food are arguably best in class giving them some advantage over competition to entice people to charge there. 
- 530ish locations (Flying J has 650ish)

gfp

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Re: Next Berkshire acquisition speculation
« Reply #25 on: September 12, 2019, 06:28:50 AM »
Its a great family business, not sure why the family would want to sell anytime soon but you never know.  I think they are at least to 580 locations now.  My wife's family lives in Virginia or I wouldn't even be aware of them.

(pilot flying J is over 750 locations now - time marches on)

Sheetz gas station chain.

- People love Sheetz food.
- Tesla Charging stations. Not unique but their atmosphere and food are arguably best in class giving them some advantage over competition to entice people to charge there. 
- 530ish locations (Flying J has 650ish)

Okonomen

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Re: Next Berkshire acquisition speculation
« Reply #26 on: September 26, 2019, 04:18:46 AM »
If it wasn't for the Murdoch family who owns 1/3 of the voting shares, I think Fox Corp could be an ideal M&A target. 20 bUSD market cap atm, very strong media franchise generating +30% ROIC, not that exposed to cord cutting due to focus on live sports and news, and they have a very promising broadcast segment where they more or less own all comedy cartoon entertainment (family guy, American dad, futurama, simpsons, bobs burger)

Trading at a conservative multiple right now and actually BRK could buy Fox and keep mgmt. like they always do, and the Murdochs could keep a 10% stake or similar

DooDiligence

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Re: Next Berkshire acquisition speculation
« Reply #27 on: September 26, 2019, 06:07:13 AM »
If it wasn't for the Murdoch family who owns 1/3 of the voting shares, I think Fox Corp could be an ideal M&A target. 20 bUSD market cap atm, very strong media franchise generating +30% ROIC, not that exposed to cord cutting due to focus on live sports and news, and they have a very promising broadcast segment where they more or less own all comedy cartoon entertainment (family guy, American dad, futurama, simpsons, bobs burger)

Trading at a conservative multiple right now and actually BRK could buy Fox and keep mgmt. like they always do, and the Murdochs could keep a 10% stake or similar

LOL

edit: I probably deserve a big horse laugh at some of my suggestions too.
Healthcare 23.9% - CVS EW NVO // BRK.B - 23.0% // Auto's & Oil 14.5% - CLB GPC VDE

Entertainment 4.5% - DIS // Banking 9.8% - WFC // Drinkers & Smokers 6.0% - MO

%'s held @ MV 11/15/2019 minus 18.4% investable cash

i trumpet my ignorance

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Spekulatius

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Re: Next Berkshire acquisition speculation
« Reply #28 on: September 27, 2019, 03:54:55 AM »
If it wasn't for the Murdoch family who owns 1/3 of the voting shares, I think Fox Corp could be an ideal M&A target. 20 bUSD market cap atm, very strong media franchise generating +30% ROIC, not that exposed to cord cutting due to focus on live sports and news, and they have a very promising broadcast segment where they more or less own all comedy cartoon entertainment (family guy, American dad, futurama, simpsons, bobs burger)

Trading at a conservative multiple right now and actually BRK could buy Fox and keep mgmt. like they always do, and the Murdochs could keep a 10% stake or similar

I like FOX ( as a business, content is another matter), but don’t think that BRK want to be seen controlling a major media/news company. It‘s just too much headaches. I can see them buying a stake or a large position in DIS at the right price.

I think there are a lot of business that BRK would be interested in, but the question is more of a seller parting a price that Warren is comfortable with. That intersection is very very small apparently.
« Last Edit: September 27, 2019, 03:56:52 AM by Spekulatius »
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bizaro86

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Re: Next Berkshire acquisition speculation
« Reply #29 on: October 04, 2019, 11:00:29 AM »
I can't see WEB wanting to own fox news. Economically, you'd have to leave the political perspective (or you'd lose your customers). But I'm not sure, "owner of Fox News" plays well for him socially.