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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%Nov 7 9:30 AM EST

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To: refugee investor who wrote (1008)2/26/2012 4:12:07 PM
From: Italian Investor  Read Replies (1) of 1366
 
Yea they own much more than just those two equity positions and they sure have bought a lot of there stock back over the years. Just taking the current earnings of DO & CNA you are @ the S&P avg on P/E using the past 4Qs, have not looked into these guys earnings much yet just a few reports but there might of been some one time events boosting earnings but right now it looks like they are @ the market P/E avg just using those 2 holdings.

They own 64% of BWP 3.46B, 50.4% DO 4.7B and 90% of CNA 6.93B so that is roughly 15.1B which almost =s what Mr. Market is valuing them @ 15.52B. You get for free from there website two wholly owned subsidiaries, HighMount and Loews Hotels; our 100 percent ownership of Boardwalk Pipeline’s general partner; our Boardwalk Pipeline Class B units and subordinated debt; our 80% ownership of Boardwalk HP Storage, and our holding company cash and investments. Looking for safer plays and more NG exposure and I think L falls into that category. Not much risk IMO LT in this name just ST risk Mr. Market doesn’t pay up for this name, so might need to get it a little cheaper.

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