標題: 4Q15波克夏加碼KMI、DE、WFC
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發表於 2016-2-17 06:09  資料 主頁 文集 私人訊息 
4Q15波克夏加碼KMI、DE、WFC
Buffett's Berkshire Hathaway Shows New Stake in Kinder Morgan (KMI), Adds to Deere (DE), Wells Fargo (WFC) (more...)February 16, 2016 4:33 PM


Warren Buffett's Berkshire Hathaway released its 13F for the quarter ended December 31, 2015. Below is a summary.
New Stakes
KINDER MORGAN ENERGY PTNR (NYSE: KMP) new 26,533,525 share position
Raised Stakes
Axalta Coating Systems (NYSE: AXTA) raised from 23,199,474 shares to 23,324,000 shares
Deere & Company (NYSE: DE) raised from 17,052,110 shares to 22,884,150 shares
LIBERTY GLOBAL -A- (NASDAQ: LBTYA) raised from 517,139 shares to 12,544,296 shares
LIBERTY GLOBAL -C- (NASDAQ: LBTYK) raised from 367,348 shares to 7,346,968 shares
LIBERTY MEDIA-A (NASDAQ: LMCA) raised from 7,800,000 shares to 15,386,257 shares
Wells Fargo (NYSE: WFC) raised from 470,292,359 shares to 479,704,270 shares
Lowered Stakes
AT&T Inc (NYSE: T) lowered from 59,320,756 shares to 46,577,138 shares
WABCO HOLDINGS, Inc. (NYSE: WBC) lowered from 3,559,189 shares to 3,331,215 shares
Liquidated Stakes
CHICAGO BRIDGE & IRON CO. (NYSE: CBI) liquidated
Maintained Stakes
American Express Co (NYSE: AXP) maintained 151,610,700 share stake
Bank of New York (NYSE: BK) maintained 20,112,212 share stake
CHARTER COMM-A (NASDAQ: CHTR) maintained 10,281,603 share stake
The Coca Cola Company (NYSE: KO) maintained 400,000,000 share stake
Costco Co. (NASDAQ: COST) maintained 4,333,363 share stake
DaVita Inc. (NYSE: DVA) maintained 38,565,570 share stake
General Electric (NYSE: GE) maintained 10,585,502 share stake
General Motors (NYSE: GM) maintained 50,000,000 share stake
Goldman Sachs Group (NYSE: GS) maintained 10,959,519 share stake
Graham Holdings Company (NYSE: GHC) maintained 107,575 share stake
International Bus. Machines (NYSE: IBM) maintained 81,033,450 share stake
Johnson & Johnson (NYSE: JNJ) maintained 327,100 share stake
Kraft Heinz (NASDAQ: KHC) maintained 325,634,818 share stake
LEE ENTERPRISES, Inc. (NYSE: LEE) maintained 88,863 share stake
LIBERTY GLOBAL -A- (NASDAQ: LBTYA) maintained 517,139 share stake
LIBERTY GLOBAL -C- (NASDAQ: LBTYK) maintained 367,348 share stake
LIBERTY MEDIA-A (NASDAQ: LMCA) maintained 7,800,000 share stake
M&T Bank Corp. (NYSE: MTB) maintained 5,382,040 share stake
Mastercard Inc. (NYSE: MA) maintained 5,229,756 share stake
MEDIA GENERAL, Inc. (NYSE: MEG) maintained 3,471,309 share stake
Mondelez International (NASDAQ: MDLZ) maintained 578,000 share stake
Moody's Corp (NYSE: MCO) maintained 24,669,778 share stake
NOW, Inc. (NYSE: DNOW) maintained 1,825,569 share stake
Phillips 66 (NYSE: PSX) maintained 61,486,926 share stake
Precision Castparts (NYSE: PCP) maintained 4,200,792 share stake
Procter & Gamble (NYSE: PG) maintained 52,793,078 share stake
Restaurant Brands (NYSE: QSR) maintained 8,438,225 share stake
Sanofi (: SNYNF) maintained 3,905,875 share stake
SUNCOR ENERGY, Inc. (NYSE: SU) maintained 30,000,000 share stake
Torchmark Corp. (NYSE: TMK) maintained 6,353,727 share stake
Twenty-First Century Fox (NASDAQ: FOXA) maintained 8,951,869 share stake
USG CORPORATION (NYSE: USG) maintained 39,002,016 share stake
United Parcel Service (NYSE: UPS) maintained 59,400 share stake
U.S. Bancorp (NYSE: USB) maintained 85,063,167 share stake
Verisign Inc. (NASDAQ: VRSN) maintained 12,985,000 share stake
VERISK ANLYTCS-A (NASDAQ: VRSK) maintained 1,563,434 share stake
Verizon Communications (NYSE: VZ) maintained 15,000,928 share stake
Visa Inc. (NYSE: V) maintained 9,885,160 share stake
Wal-Mart Stores (NYSE: WMT) maintained 56,185,293 share stake
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mikeon88
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發表於 2016-2-17 06:40  資料 主頁 文集 私人訊息 
波克夏在低檔一直在加碼石油類股

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Joe
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發表於 2016-2-17 19:53  資料 私人訊息 
J 桑來信

Dear Joe,

今天讀到一篇巴菲特買了KMI
http://www.investors.com/news/warren-buffett-continues-playing-in-the-oil-patch/?ven=YahooCP&src=AURLLED&ven=yahoo
請問您有分析這隻股票的想法嗎?
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發表於 2016-2-17 19:59  資料 私人訊息 
沒有研究也不會買,原因不符合本班買進原則

最近老巴請的經理人
買的股票實在很差像在玩火
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mikeon88
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發表於 2016-2-17 20:03  資料 主頁 文集 私人訊息 
應該是買景氣循環股,買在石油景氣底部,獲利最差時。
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發表於 2016-2-18 09:09  資料 私人訊息 
sorry, 聽Michael 的回應不太懂意思. Michael 是同意買進還是no ?
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mikeon88
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發表於 2016-2-18 10:17  資料 主頁 文集 私人訊息 
我對該股沒研究。
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發表於 2016-2-18 10:54  資料 私人訊息 
Michael 講的是石油類股不是要不要買 KMI
這一波原物料時油跌很慘
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發表於 2016-2-26 15:19  資料 私人訊息 
參考一下 KMI and PSX...
Warren Buffett Goes Long on Kinder Morgan


Berkshire Hathaway Inc. (BRK) has been busy lately, loading up on a sector which may come as a surprise to many investors.

Kinder Morgan and Phillips 66According to Berkshire’s latest 13F filing, Warren Buffett has been aggressively buying shares in embattled pipeline company Kinder Morgan Inc. (KMI ) The document reveals a new stake in the company worth approximately $400 million for 26.53 million shares.
Kinder Morgan was beaten down in its fourth quarter as investors abandoned the company due to a combination of credit concerns, low oil prices, and a quarterly dividend cut from 51 cents per share to a tiny 12.5 cents. From July 1, 2015, to the end of the year, Kinder Morgan shares fell from close to $40 to $15, a decline of more than 60%.
Kinder Morgan was beaten down in its fourth quarter as investors abandoned the company due to a combination of credit concerns, low oil prices, and a quarterly dividend cut from 51 cents per share to a tiny 12.5 cents. From July 1, 2015, to the end of the year, Kinder Morgan shares fell from close to $40 to $15, a decline of more than 60%.

Kinder Morgan isn’t the only energy company Buffett has been buying during this downturn in the sector. In January, Buffett added 5.1 million additional shares of Phillips 66 (PSX ) to Berkshire’s portfolio, increasing their total position in the oil refiner to 65.7 million shares.
Both the Kinder Morgan and Phillips 66 buys are classic Buffett moves. Kinder Morgan has some of the best pipeline assets in the world. Buffett knows it would be nearly impossible for a new company to start up tomorrow and replicate the moat built by Richard Kinder and the rest of his management team. There’s an easy argument to be made that buying a refiner makes sense because lower gasoline prices will encourage folks to drive more, not less.

The Case for Kinder MorganKinder Morgan’s dividend cut and subsequent share drop have given Buffett the perfect buying opportunity. Not only does the company have some of the best pipeline and storage assets in the world, it also has $18 billion in projects slated for the next five years, with approximately 40% of those dedicated to carrying natural gas.
The company’s big projects include an expansion of the Trans Mountain pipeline in Canada – a $5.4 billion move that will more than double the amount of oil sands bitumen that can be transported to key exporting facilities on the west coast. This project is slated to be completed by the end of 2019.

A variety of smaller projects are also scheduled to be completed in 2016 that can be completely funded from existing cash flow; good news for a company so indebted it was recently forced to issue a preferred share with a 9.75% dividend
The nice thing about Kinder Morgan’s pipelines is they’re not really tied to the price of the commodities. Over 90% of the company’s cash flows are fee-based and secured by take-or-pay contracts. The only risk is if the underlying energy producer stops supplying Kinder with product, something that would only realistically happen if the producer goes bankrupt. However, Kinder Morgan transports natural gas and crude for many of the world’s top producers, a fact which mitigates those concerns.
Even during this downturn, Kinder Morgan has produced some impressive cash flows. In 2011, the company earned $1.22 per share in distributable cash flow. In 2016, that number is expected to increase to $2.10 per share, good enough for an 11% growth rate.
Looking back to a year ago, Kinder Morgan shares traded hands at $42, which was approximately 20 times forward distributable cash flow. Today, shares are $17 each, which is just 8.5 times 2016’s projected distributable cash flow. For Buffett, a man who has made his career by buying great assets when they’re cheap, this deal was too good to pass up.

Is This a Bottom?When crude oil first declined in the latter part of 2014, many investors rushed into the sector convinced the meltdown would be short-lived. That move didn’t turn out too well.
Today, more than a year later, we’re starting to see evidence the sector has bottomed. Rig counts are down substantially. Production is finally starting to decline. Governments that depend on royalties from oil and gas are starting to enter panic mode.
The North American oil producers who can make money with crude at $30 per barrel are few and far between. While this doesn’t look good in the near term, over the medium to long term this is good news as it will get excess capacity out of the system.
It’s obvious Buffett sees Kinder Morgan and Phillips 66 as companies that can survive this downturn in the energy sector. Kinder Morgan has freed up billions in cash annually with its dividend cut, meaning that it won’t be so dependent on debt to finance its growth going forward. Phillips 66 has more than $3 billion in cash and generated more than $4.2 billion in net profit in 2015, figures which are good enough for a $7.72 share price.

The Bottom LineNobody can be sure the energy sector has bottomed out, not even Warren Buffett. But by buying two of the best energy companies out there, Buffett doesn’t need to get the timing right. As long as crude oil and natural gas are higher five years from now, Berkshire Hathaway will profit nicely.
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發表於 2016-3-29 10:08  資料 主頁 文集 私人訊息 
庫藏股效應 巴菲特對富國銀行持股達10%2016-03-29 09:33:13 經濟日報 記者劉忠勇╱即時報導
因富國銀行(Wells Fargo)持續實施庫藏股,巴菲特對他鍾愛的這檔銀行股持股已達10%。達到這個門檻後,未來若增加持股,須經聯準會(Fed)核准。
巴菲特旗未的波克夏申報資料顯示,對富國銀行的持股為5.06億股,價值247億美元,其實與去年12月31日並無增減,當初持股比率為9.9%。
85歲的巴菲特1989年開始投資富國銀行,成為波克夏主要投資之一。波克夏也持有高盛和合眾銀行(US Bankcorp),但巴菲特自己表示,他喜歡集中銀行股投資於富國銀行。波克夏另持有美國運通(American Express )15.6%股票。
投資人對一家銀行持股超過10%,一般依規定須知會Fed,不過,若此門檻是因銀行買回股票所致,就可以延後申報。美國長久以來限制非金融業者和銀行之間的關係。
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發表於 2016-8-20 07:10  資料 私人訊息 
昨天美股大盤跌但DE卻漲了13.49%
瞬間只剩小賠-3.12%
有人知道有什麼消息嗎?



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mikeon88
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發表於 2016-8-20 07:19  資料 主頁 文集 私人訊息 
財報優於預期,調高財測
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mikeon88
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發表於 2016-8-20 07:28  資料 主頁 文集 私人訊息 
昨天就靠DE打敗大盤。
打敗大盤時就要秀一下,
讓大家知道巴菲特神功可以輕易打敗大盤。

投在巴菲特班門下,還不相信巴菲特神功可以打敗大盤,
若讓教主老巴知道,不巴你的頭才怪!

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發表於 2016-8-20 20:08  資料 私人訊息 


QUOTE:
原帖由 mikeon88 於 2016-8-20 07:28 發表
昨天就靠DE打敗大盤。
打敗大盤時就要秀一下,
讓大家知道巴菲特神功可以輕易打敗大盤。

投在巴菲特班門下,還不相信巴菲特神功可以打敗大盤,
若讓教主老巴知道,不巴你的頭才怪!

http://i.imgur.co ...

看到這檔de我也有,太謝謝mike桑引領我進巴菲特的世界
雖然目前我帳面績效不好,但我依然相信這是投資的正道,手上股票仍然抱緊
哈哈第一次看到討論區討論到有大漲的股票自己手上有持有,開心一下最近還想趁原物料還沒起來,入手BBL,已經有PSX了

[ 本帖最後由 komy 於 2016-8-20 20:10 編輯 ]
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發表於 2016-9-14 10:47  資料 私人訊息 
美國消費者金融保護局(CFPB)8日表示, 富國銀行(Wells Fargo)數千名員工為了達到業績目標並賺取獎金,竟然未經客戶許可擅自開立儲蓄與信用卡帳戶,美國主管機關決定對富國銀行開出1.85億美元的罰款。
CFPB指出,富國銀行有超過200萬個帳戶在客戶不知情的情況下開立,為此富國銀行已裁員5,300名員工。富國銀行同意向CFPB支付1億美元罰金,為史上最貴罰單,另向財政部通貨監理局(OCC)付3,500萬美元、向洛杉磯檢方付5,000萬美元來達成和解。富國銀行還將提撥500萬美元用於補償客戶。
1. 5300位可憐的員工就這樣被砍了...但背後的主事者卻領1.24億美元「榮退」-->真的是爽!
2. UPDATE 盈再表如下,雖然犯錯了...不過好公司,同鞋們可以伺機撿便宜...                                                                                                                                                                                                                                                                                                                                                                                                                                               
Wells Fargo & Co. (NYSE: WFC)Sep 13, 2016, 7:59 p.m.建議
WFC還原$ROE%4盈再%常利$m配息%EPS$股息$拆股
2011/1253.3 -15,868 -2.8 0.48 1:1股價$46.8
2012/1252.8 13 18,899 30 3.4 0.86 1:1預期報酬11%
2013/1252.0 14 21,874 33 3.9 1.12 1:1淑$36.3
2014/1250.8 14 23,059 45 4.2 1.32 1:1報酬%15%
2015/1249.5 12                                                       
            
(1)
22,898             
58
            
4.2
            
1.44   
1:1貴$95.3
2016t48.0 12             
(1)
22,518 43             
4.2
1.14 1:1報酬%0%
46.84 12 13…平均ROE配息=息+庫藏股現在PER11
最終PER12
ROE一時下滑或永久變壞  ?  景氣差 / 產業地位改變(產品不會變 + A咖 + 想3秒鐘)預期配息62%
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