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Walter Energy, Inc. Common Stoc Message Board

  • durfinvests durfinvests Apr 17, 2013 8:39 AM Flag

    Traders suggest Anglo, BHP Billiton and Warren Buffett could all be interested in US miner

    US coal group Walter Energy climbs on talk of Anglo American bid interest

    Traders suggest Anglo, BHP Billiton and Warren Buffett could all be interested in US miner


    Market gossips are speculating a three way battle could be developing for US coal company Walter Energy.

    Anglo American, up 33p at 2614.5p has been linked with a possible bid in the past although nothing emerged. But with Walter's shares falling back since then, traders believe Anglo could have revived its interest. In its latest annual report out this week, Anglo's chairman Sir John Parker said:

    "We...continue to examine M&A opportunities as one of our strategic priorities in driving value in core commodities."

    There was also speculation that BHP Billiton, up 11p at £20.35, and also investment guru Warren Buffett could be taking a look at Walter. The US group's shares are currently up nearly 1% at $61.8, and traders believe any bidder would have to offer more than $100 to win the day.

    Sentiment: Buy

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    • News Headline Summary

      Market talk of takeover chatter for Walter Energy (WLT), of USD 41.00 per share from Warren Buffet's MidAmerican Energy Holdings - Unconfirmed

      'Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

      Reaction details:
      - In an immediate reaction, Co. shares moved 3.22% higher from USD 23.88 to USD 24.65.

      Print 15:17, 11 Apr 2013 - US Equities - Source: Newswires

      Sentiment: Buy

    • de deal = near now, very near, 41

      Sentiment: Strong Buy

    • scienceinvestments101 scienceinvestments101 Apr 17, 2013 10:33 AM Flag

      It makes since for BHP, VALE and others. Why develop costly new mines spending millions to develop that are unproven and go through the long permit cycle when you can get proven reserves WLT has. They have the long term buyers for Coal also. As for Warren B. he owns the rails that move the coal. So it seems he should have Interest in Walter also. Not sure why Walter hasn't been taken out yet. Downside from here is close if not bottom. Cahl I, loves to bottom fish. Well it don't get much further than now to fish for Walter. He could gobble up a huge pos. and get the board in his favor. Seems like something has to shake loose soon.

    • "Anglo American, up 33p at 2614.5p"

      Anglo hasn't traded at 2600's for like 2 years.... are you high?

      Sentiment: Hold

    • Certainly not going to put their money in WLT now. Coal prices not going to go up any time soon. Company going to continue loosing money. It is going to get cheaper. You may hear some rumors for day trades that will not materialize. This is not a retail store that they can change what they sell. The product they sell is not in demand and at present is costing more than they pay out.

    • Don't forget Carl Icahn, he is on buying spree: RIG, BIIB, NFLX, NUAN, DELL, HLF, I'm sure I missed some.


      Sentiment: Buy

0.16440.0000(0.00%)Jul 7 4:02 PMEDT