+ Watch BH
on My Watchlist
The Company is engaged primarily in the ownership, operation and franchising of Steak n Shake restaurants.
Compensation structure is ridiculous. Franchisees (although small part of operations) are getting squeezed. Restaurant business is based on service. Service here is horrendous
Added real money. The acquisition of an insurance company suggest mister biggs is serious about emulating Buffet.
Matt says so
This ain't boring: http://www.biglariholdings.com/letters/2013.pdf
Tasty burgers at a low price (and they even have the veggie melt for vegetarians).
Mispriced due to CBRL holdings.
In the long term a good investement.
Great leadership, great vision, not a great value, but can-be over the long-term.
Good capital allocator that now has a cash generating machine behind him. He'll do deals. He'll buy back stock. He'll also buy his shares on the open market, instead of issuing options.
Might go down. But PE=18 and growth is very high.
I'm not putting real life money into this one, but I will be watching with great interest. Should be fun.
I thought this was expensive until I looked at the numbers....$40 per share in cash ? Geez thats just a ratio of 12-1 and not much debt...there may actually still be some upside from here....target 520 per share within the next 6 months...
have owned this for a few years, when it was called something else.Price is higher than i like but i want my caps to mirror my personal holdings.
A special opportunity as the company is run by activist investor / hedge fund manager with great turnaround potential.
He may not be son-of-Buffet, but Biglari seems like a savvy investor who's looking for values. The stock got beaten down on his comp package, and was a buy under 300.
Good track record of value creation (compensation debacle not withstanding...) and has had success with Steak-N-Shake. This call requires a bit of trust in Biglari, but so far he's done ok. Seems disciplined with his targets and acquisitions. If he can keep that up, he should be successful.
undervalued already and ceo has record of inreasing value
Didn't want to jump on the bet that Biglari is the next Buffett when BH shares looked less cheap. But now that Biglari and BH have been roughed up a bit, seems like a good time to test an outperform play in CAPS.
Strictly a speculation on my part. I tried to read up on Sandar Biglari but there is pitably little information about him on the Internet. Wilkapeadia just mentions his birthplace, date and college he attended, plus his career at S & S.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions