Home Capital Shareholders REJECT Warren Buffett | Oaken Financial | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Home Capital Shareholders REJECT Warren Buffett
September 12, 2017
12:28 pm
Top It Up
Member
Members (temp break)
Forum Posts: 1363
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Warren Buffett fails in bid to boost stake in Home Capital

http://business.financialpost......or-buffett

At a special meeting, more than 88% of the Canadian lender's shareholders voted against the bigger investment, keeping the legendary investor’s stake at 19.99%

Question now is - Does Warren Buffett stay with Home Capital?

September 12, 2017
1:08 pm
Loonie
Member
Members
Forum Posts: 9384
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

Can't blame him for trying - at 10.30 /share!
But, since it's trading around 14, he can't be surprised that shareholders didn't agree. He may even respect them for it.

He got his shares at a great price. The company has rebounded and is probably going to be in a stronger position than it ever was, once the new hires are all up to speed. I see no reason for Buffett to sell in the foreseeable future.

September 12, 2017
1:29 pm
Top It Up
Member
Members (temp break)
Forum Posts: 1363
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Loonie said

He may even respect them for it. 

YEAH, I'm sure he does!

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.