% | $
Quotes you view appear here for quick access.

OneBeacon Insurance Group, Ltd. Message Board

  • snogreen snogreen Aug 18, 2014 12:26 PM Flag

    watch SYA too

    There is logic to Buffet perhaps wanting WTM. A buyout of WTM also get's him 76% of OB shares and about 20% of all SYA shares. Buffet already owns 17 million SYA shares. WTM also owns 17 million SYA shares. If Buffet buys WTM, he goes to owning 34 million SYA, or about 40%….and 76% of OB. Since both SYA and OB woudl rise on a Buffet halo of he move on WTM….it is very logical that Buffet woudl buy as much SYA and OB as he could before.

    BOTH SYA and OB have been unusually strong - and one way…up. Check out SYA today. But since Buffet owns so much SYA already..any buy of SYA shares by him would necessitate that he file a form 4 with the SEC 3 business days after any SYA purchase. So watch SYA. if you see Buffet increasing his SYA stake….it's a clue he is after something else too. But who knows what Buffert thinks. he might have no interest in WTM..but someone is buying WTM, OB and SYA.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
13.50-0.33(-2.39%)Jun 24 4:02 PMEDT