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danger ( Date: 06-Jul-2020 14:21) Posted:
SIMILAR TO SEMBCORP POWER - GAS .. THE LARGEST IN SINGAPORE
We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business, Buffett said in a statement
danger ( Date: 06-Jul-2020 14:19) Posted:
Warren Buffett finally found his next crisis-era deal.
His Berkshire Hathaway Inc., which has stayed relatively quiet during the tumult of the coronavirus pandemic, broke its silence at the end of a holiday weekend with its biggest acquisition in more than four years. The agreement for Dominion Energy Inc. &rsquo s natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic
Berkshire also struck the deal at a low point in the market. Natural gas futures in the U.S. dropped last month to their lowest point in 25 years and have recovered just slightly since then.
This looks like confirmation that commodities like energy are undervalued, Bill Smead, chief investment officer at Smead Capital Management, which owns Berkshire shares, said in an emailed comment. At the bottom, assets move from weak hands to strong hands.
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SEMBCORP INTRINSIC VALUE IS OVER $2+
SEMBCORP INDUSTRIES BEGIN TO SURGE
THE ONLY INDUSTRY WHICH IS DEEMED UNDERVALUED BY THE LEGENDARY INVESTOR NOW IS UTILITY & GAS
SIMILAR TO SEMBCORP POWER - GAS .. THE LARGEST IN SINGAPORE
We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business, Buffett said in a statementdanger ( Date: 06-Jul-2020 14:19) Posted:
Warren Buffett finally found his next crisis-era deal.
His Berkshire Hathaway Inc., which has stayed relatively quiet during the tumult of the coronavirus pandemic, broke its silence at the end of a holiday weekend with its biggest acquisition in more than four years. The agreement for Dominion Energy Inc. &rsquo s natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic
Berkshire also struck the deal at a low point in the market. Natural gas futures in the U.S. dropped last month to their lowest point in 25 years and have recovered just slightly since then.
This looks like confirmation that commodities like energy are undervalued, Bill Smead, chief investment officer at Smead Capital Management, which owns Berkshire shares, said in an emailed comment. At the bottom, assets move from weak hands to strong hands.
|
|
Warren Buffett finally found his next crisis-era deal.
His Berkshire Hathaway Inc., which has stayed relatively quiet during the tumult of the coronavirus pandemic, broke its silence at the end of a holiday weekend with its biggest acquisition in more than four years. The agreement for Dominion Energy Inc. &rsquo s natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic
Berkshire also struck the deal at a low point in the market. Natural gas futures in the U.S. dropped last month to their lowest point in 25 years and have recovered just slightly since then.
This looks like confirmation that commodities like energy are undervalued, Bill Smead, chief investment officer at Smead Capital Management, which owns Berkshire shares, said in an emailed comment. At the bottom, assets move from weak hands to strong hands.
