RE:RE:RE:RE:Seeking Alpha Article re Berkshire Buyout?But Buffet is buying Enbridge. Just ask the 20k window man.
Two great take aways from this article are 1: Just how safe and profitable the divy is and 2:
How great Enbridge's future is with its growing renewables investments. Towards the end of the
article they state that they estimate offshore wind wind generatiion projects power output being
equivalent to 10,000 nuclear reactors in the future and Enbridge is leading the way in these
investments. Enbridge's future is bright indeed. Honestly, I don't want Buffet to have it either.
Go Enbridge! ;-)
autofocus111 wrote: Fiddy You are in dreamland. Buffet would not pay a 50% premium for ENB or anything else for that matter. BRK is opportunistic and cheap to the bone, just like BAM.
>>>Berkshire is paying $235 per share for Precision Castparts, which represents a 21.2 percent premium over Friday’s closing price, and 17.5 times projected 12-month profit. It valued Precision Castparts at $37.2 billion including debt....Prior to Monday, Precision Castparts’ shares had fallen 20 percent in 2015, and the purchase price is below the shares’ 52-week high of $249.05 set last September.
https://www.reuters.com/article/us-precision-cast-m-a-berkshire-hatha-idUSKCN0QD0LD20150810