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Berkshire Hathaway Inc. Message Board

ss613489 4 posts  |  Last Activity: Oct 21, 2014 3:18 PM Member since: Jul 8, 2008
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  • But you can't have a lady running a company where actual strategy and competition is involved since no guy would ever want to take orders from a lady other than his wife at home. Yahoo CEO was just window dressing since the company is just a holding company for Alibaba stock and pepsi CEO, who could mess up selling salty snacks but this company and GM are disasters waiting to happen with ladies in charge.

  • ss613489 ss613489 Oct 16, 2014 12:52 PM Flag

    There is nothing new in the 10-K and there never was an expectation for there to be since the company already reported its year end 2014 financial results. The only thing different was the presentation of the peaks loans and debt which was already known before. The real news will be tomorrow when we receive new information on Q2 and Q3. Today it was just a relief that the company finally complied with a loan covenant and appears to be on track to be back into full compliance with regulatory agencies.

  • For those of you who come here for answers, you aren't going to find any. We have people saying the price will go to $45 and others who say it will fall to $2. Some have positions in the stock which is the reason for their extreme posts, others are here just to get a little joy out of antagonizing shareholders or those short the shares.

    The only fact we have is that the company has not issues financial statements for many months and until we find out what is in those financial statements, no other than those at the company know what the state of the business or its value is. Don't come here looking to answers because all you will get is wild speculation of some kind, many times being posted by those who claim to know something when they know nothing more than the rest of us.

  • ss613489 ss613489 Oct 16, 2014 2:52 PM Flag

    In May they estimated that they would be making about $115 million of payments to the PEAKS trust over the remainder of the year and according to the 10-K there is not really any change from that figure. The timing of that $40 million may be somewhat new but anyone paying attention knew that it would be paid at some point this year.

    Yes PEAKs should be mostly done by the end of the year and if they generate anywhere near the cashflow they projected at the beginning of the year, they should be on track to generating cash in 2016

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