Harbinger Group Inc. Message Board
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$1.663M NET income per employee/yr
Either that number is pure BS or Harbinger has the highest net income per employee/yr in the world. 99% of all companies in the world don't have that much in revenue per employee/yr., let alone net income! Something is fishy.
What is the real story(truth)of it?-
Since they own 55% of SPB, you could count half their employees and arrive at a more reasonable income/employee ratio.
- 1 Reply to EvanMacDonald
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Looks like we are holding 10+ with SPB reporting tomorrow. I see 15 PPS by the end of the years. Look for Phil to try and take HRG private.
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It's true!! It is a shell company that just invests cash, they don't manufacture anything. Many say it is the next Berkshire Hathaway, It's biggest holding position is SPB. SPB is trading at 37 PPS and will post a FCF of $5.00 by year end. If you follow Buffet, Munger and others that equates to 5.00 X 10(FCF, so the real price of SPB should be $50.00 not $37.00. Both are undervalued big time. HRG will be 12.00 by year end..
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I told you all so !!! I love the special div'd on SPB and I think estimated .20 per year. We will see at the end of the end of the year. SPB 44 PPS, HRG maybe 15 PPS. Great turnaround.
Best to all.
IMHO.. -
I told you all so !!! I love the special div'd on SPB and I think estimated .20 per year. We will see at the end of the end of the year. SPB 44 PPS, HRG maybe 15 PPS. Great turnaround.
Best to all.
IMHO..
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