CKI 1 BillOH I believe they will hit 1 billion one day soon. I think their still cheap at 15 p/e, they were an absolute steal at 4 p/e when they bottomed last year. This company which is a diversified investment company should be I feel around 20 times P/E minimum. Market is still under valuing George and his skilled team of investors. I think they are still getting their minds around the fact that its not just a trucking company. I plan to keep buying CKI and averaging up as I think George will continue to make money well into the future. Foolish to look away just because it has done well this year, good stocks do good for a reason and usually continue to do well consectutivelly quarter after quarter. As for recent pullback, when you've been in CKI for as long as I have it doesn't 50 cents to a dollar fluctuation doesn't matter much. Ive almost doubled.
As for the one investor worried about boards not wanting CKI representatives. Why worry, George is not new to hostile takeovers. This is his specialty and he will not back down from rolling up the sleeves and duking it out. As long as majority shareholders are in favour of Clarke Bikini will have no choice but to listen. I say look for Clarke to possibly complete a takeover by approval of shareholders. From what Ive been hearing too most shareholders are more then relieved that Clarke is rescuing them from the Bafoons running GBV now. Who wouldn't want Clarkes team in place with their 40+ percent roe record. Thats my opinion anyways, do your own DD.
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