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Buffett's Berkshire offers to buy rest of Wesco Financial for about $515 million

Comments

  • Leroy Michael Eide 5 years ago

    Looks like WB, CM and BG want to STEAL the company. I will lose on this DEAL and they are flat crooked.

  • Leroy Michael Eide 5 years ago

    Without reservation, this company is worth atleast $500 per share. This is absolutely unbelievable that SEC will allow this to happen. Please write to me how I can stop this SHAM from happening. I own shares and want to do anything to Make their life miserable. Is is this CLEAR enough communication?

  • 21 years old investor 5 years ago

    @ Leroy Michael
    I myself do not know the details of wesco's balance sheet but buffett offer a price equivalent to the book value thus liabilities are mattering in the price.

  • Leroy Michael Eide 5 years ago

    The cash on the books is near the price that WB has offered and all the companies are absolutely FREE. This is wrong and it will never hunt in my book. You need to learn how to read a balance sheet - you need to wake up and smell the coffee as we say in Texas. The company is worth $500 per share (fair market value based on the median price during the last 3 years). Therefore, following the guru master scenario of 20% back of TRUE MARKET VALUE - Warren should pay $400 or more. This is an absolute STEAL and WB knows he is not eating his own cooking. All of his humor and sayings cloak the true methodology that is truly his - those with the gold RULE. I hope he pays a big price and there is such a thing as KARMA and any Indian will tell you what that means.

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