$KEPPEL INFRA TRUST WEF 2015(A7RU.SI)$APA buys Basslink debt, confirms purchase interestGas pipeline owner APA Group has confirmed its appetite to buy the bankrupt power interconnector Basslink, announcing it has acquired an interest in the venture's debt.“The potential acquisition of Basslink is consistent with our strategy to expand our electricity transmission footprint and invest in renewable energy sources,” APA chief executive Rob Wheals said in a statement reveal the purchase of $99 million of the venture's debt.Basslink, an underwater power cable linking Tasmania with Victoria, fell into receivership 10 days ago, with owner Keppel Infrastructure blaming in part the collapse of discussions with APA for the proposed sale, as well as ongoing
$Berkshire Hathaway(BRK.B)$ Background • In my 1st Post in B/May after their Q121 Results, I posted on why their IV is 1.3 x NAV • In my 2nd Post in B/Aug after their Q221 Results, I posted on why their IV may be as high as 1.435 x NAV • With Q321 Results just announced, this post will expand on this topic Q321 Results Figures for Computing NAV Shares BuyBack for Q321 Compilation & Computation Observations •This is the 2nd Consecutive Q where their Average Monthly Share Buyback Price is Higher than my Original 1.3 x NAV Estimate. ---> Not as High as 1.435 x NAV for Q221 but still 1.351 x NAV for Q321. • Useful Reference Prices in Q421 for me, ---> $279.24 (1.3x) - For BUY, up to this price ---> $290.19 (1.351x) - Fo
Unbelievable! Just one stock, can make so much difference in one's total assets. The wonderful thing about US market is, there're so many of such stocks vs SGX. The difficult part is to buy enough of it & hold long enough, to make a big difference [财迷] [得意]
With the FED's constant attention & their limitless warchest, any mkt fears of inflation is but an opportunity to buy cheaper stocks... Not forgetting to sell when fears subsides... Then buy again on next fears cycle [财迷]