If it falls to $1.50 I'm in, else I think there are better opportunities at the moment
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Buffett admits Heartland was just too expensive to buy?
Berkshire Hathaway likes buying companies with durable competitive strengths and a sensible purchase price. In the latest newsletter Buffett said "That last requirement proved a barrier to virtually all deals we reviewed in 2017."
So even though Heartland just what they wanted it must have been really overpriced ..,and too expensive
HBL have a history of dropping very low when DRP is being assessed. At 1.82 or thereabout its a buy.
So when will HBL and TRA amalgamate ?
"never" some times to be turns out to be very soon ! don't bet on it !
im out for a couple cents , couldnt get above 1.84 and still in a downtrend.
While the chart is a bit scary at the moment, I intend to hold. In terms of 10+ years investment timeline for me nothing announced has indicated that this short term weakness won't pass. As someone 100% subscribed to DRP the scenario just gets better.