Would WN Sell to Warren Buffett?
Mar 16, 2018, 2:28 pm
#1
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Would WN Sell to Warren Buffett?
Even an all-star airline industry stock picker/analyst has to create new buzz. Would prefer seeing the source piece on this than the linked articles. "LUV seems like the most logical candidate," is the takeaway. Buffett's company already has 8% of Southwest.
AJC
CNBC
According to Wolfe Research senior analyst Hunter Keay in a Friday note to investors, most analysts appear to be focusing on Southwest and Delta “as the most likely two candidates, which seem like logical choices due to cash flow, balance sheet, brand reputation, and general overall quality.” Keay wrote that Southwest “has the characteristics of a typical” Berkshire Hathaway acquisition candidate..."
CNBC
Mar 16, 2018, 8:50 pm
#2
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I have been following this Hunter guy’s recommendations and predictions about WN and his questions during the quarterly earnings calls for years.
Not particularly impressed.
Not particularly impressed.
May 15, 2018, 4:48 pm
#5
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JOKE: How do you become a millionaire? Be a billionaire and buy an airline.
May 16, 2018, 8:59 am
#6
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Somewhat related, I think:
Southwest Airlines Returns Value To Shareholders ? Southwest Airlines
WN raises dividend and initiates new $2,000,000,000 share repurchase plan.
Buffett has often commented on how he loves companies that repurchase stock if it appears undervalued.
Southwest Airlines Returns Value To Shareholders ? Southwest Airlines
WN raises dividend and initiates new $2,000,000,000 share repurchase plan.
Buffett has often commented on how he loves companies that repurchase stock if it appears undervalued.
Aug 8, 2018, 3:09 pm
#7
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Fasten your seatbelt and secure your wallet: possible severe Buffetting ahead
Aug 9, 2018, 10:45 am
#9
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And since the headline was non-descriptive and no information in the post - here is what the link takes you to:
Morgan Stanley says Southwest Airlines would be a good strategic acquisition for Warren Buffett...
Morgan Stanley says Southwest Airlines would be a good strategic acquisition for Warren Buffett...
Aug 14, 2018, 4:01 pm
#11
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Berkshire raises stake in WN by 18.7% in 2Q 2018.
https://www.cnbc.com/2018/08/14/warr...man-sachs.html
https://www.cnbc.com/2018/08/14/warr...man-sachs.html
Aug 15, 2018, 7:14 am
#13
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Looks like Berkshire now owns 9.87% of WN.
In general, because of certain regulations, Buffett likes to stay below 10% ownership, unless he buys the whole company.
In the latest quarter, Berkshire actually sold stocks when individual company buybacks would have pushed its holdings over 10%. And WN is buying back stock, something like 6% of its capitalization under the current $2B program announced in May.
Hmmm
In general, because of certain regulations, Buffett likes to stay below 10% ownership, unless he buys the whole company.
In the latest quarter, Berkshire actually sold stocks when individual company buybacks would have pushed its holdings over 10%. And WN is buying back stock, something like 6% of its capitalization under the current $2B program announced in May.
Hmmm
Aug 15, 2018, 7:44 am
#14
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WN is very heavily institutionally-owned. https://www.nasdaq.com/symbol/luv/ownership-summary
Aug 15, 2018, 2:04 pm
#15
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Google 'poison pill'.
WN is very heavily institutionally-owned. https://www.nasdaq.com/symbol/luv/ownership-summary
WN is very heavily institutionally-owned. https://www.nasdaq.com/symbol/luv/ownership-summary
And they all have their price and fiduciary duty pressures to accept a good deal or premium to current market value. Been burned twice this way!