Biglari Holdings Ordinary Shs Class B C.BH

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

Consumer Cyclical Restaurants

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.

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Biglari Holdings Ordinary Shs Class B

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Post by no7on Dec 16, 2009 11:32pm

370 Views

Post# 16595645

Dear mr.mbreen

You have just said that Mr. Singh bought

1,200,000,000 x 0,80$ = mas o menos= 1M invested ,Shit!!!

1M$ = 2M of all the outstanding shares      m.om.!

So, 28M $("S.H.Bid" or the "necessary to continue") =   56%

or rather 98% =or the supposedly new value of the

28M$ invested (SHB) = 49M$ Invested for, let say ,98M shares

50M shares actual total + 98,000  = M.O.M    150 M new shares

let say the value of the company is now m.o.m

30M$ divided 150M shares= 5 hares for 1$

0,20$

times my 45,000 shares = 9k

I invested 1K and now i would receive 9K, 2 months after!!!???

No7

He's the man!

Merry Christmas and let say the truth!

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