Author Topic: BH - Biglari Holdings  (Read 1350574 times)

RVP

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Re: BH - Biglari Holdings
« Reply #2880 on: November 04, 2019, 10:21:17 PM »
Southern oil acquisition looks attractive. With the caveat that its cyclical and limited data provided, they paid <3x after-tax TTM earnings and <6x after-tax 2018 earnings. Also doesn't look like they acquired much on-balance sheet liabilities (aside from operating lease liabilities).


InelegantInvestor

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Re: BH - Biglari Holdings
« Reply #2881 on: November 06, 2019, 01:27:08 PM »
https://www.restaurantbusinessonline.com/financing/sardar-biglari-demands-documents-cracker-barrel

Good thing Sardar knows how to fix Cracker Barrel. Too bad he has no idea how to fix SnS