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Biglari Holdings Ordinary Shs Class B C.BH


Primary Symbol: BH Alternate Symbol(s):  BH.A

Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance, licensing and media, restaurants, and oil and gas. The Company’s restaurant operations are conducted through two subsidiaries: Steak n Shake Inc. (Steak n Shake) and Western Sizzlin Corporation (Western Sizzlin) for a combined 492 units. Its insurance activities are conducted through two insurance entities, First Guard Insurance Company and its affiliated agency, 1st Guard Corporation (First Guard), and Southern Pioneer Property & Casualty Insurance Company and its affiliated agency, Southern Pioneer Insurance Agency, Inc. (Southern Pioneer). Its insurance businesses provide insurance of property and casualty. The Company's oil and gas operations are conducted through two entities, Abraxas Petroleum Corporation (Abraxas Petroleum) and Southern Oil Company (Southern Oil). Abraxas Petroleum operates oil and natural gas wells.


NYSE:BH - Post by User

Post by abezanon Feb 09, 2005 11:22am
178 Views
Post# 8561234

disappearing ebitda

disappearing ebitdagaurd will you never tire of the i told you so bull****, a lot of good people were taken in by the four times ebitda bull*** that ems espoused. They obviously failed miserably in their due diligence on making sure they were buying normalized cash flow, a lot of good people lost money in EMS (most friends of mine) but we are big boys and know the capital markets are fickle at best which is why it is called risk capital. As you are fond of saying proof is in the pudding, and bh although not the plum pudding they initially promised they have delivered a solid helping of bread pudding ie they have sequentially grown quarter on quater EBITDA, just not as fast as they wanted to
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