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Coca-Cola Bottling Co. Consolidated Message Board

mikepo714 2 posts  |  Last Activity: Apr 13, 2016 11:22 AM Member since: Nov 8, 2000
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  • Reply to

    1.8% yield now

    by buffettwagon Apr 13, 2016 10:55 AM
    mikepo714 mikepo714 Apr 13, 2016 11:22 AM Flag

    thanks for the terrific analysis and update on your position.
    in 25 minutes since your post, going on the sidelines only cost you 7%... LOL

  • Reply to

    BPT should be

    by mcgowen_patrick Apr 11, 2016 7:16 PM
    mikepo714 mikepo714 Apr 12, 2016 10:30 AM Flag

    decent analysis... but you say "even at $50 oil" as though that is the high point of an optimistic view over the next couple years. oil has gone from 26 to 40 pretty quickly, no reason it can't go to 60 or 70 before the end of this year which could easily mean $30 or more/share in value for bpt.
    yes there's the possibility it's worth quite a bit less than $14/share, but there's also a good possibiltiy it's worth quite a bit more. why risk unlimited upside for a few dollars of potential gain on the short side?

COKE
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