Yes this is definitely a buffett style buying opportunity. Meets...

Yes this is definitely a buffett style buying opportunity. Meets all his requirements :

1. Is the business understandable? ❏ Yes ❏ No
2. Do you know how the money is made? ❏ Yes ❏ No
3. Does the business have a consistent operating history? ❏ Yes ❏ No
4. Does the company have favourable long term prospects? ❏ Yes ❏ No
5. Is there a big moat around the business (a high threshold
of entry) ?
❏ Yes ❏ No
6. Is it a business that even a dummy could make money in? ❏ Yes ❏ No
7. Can current operations be maintained without too much
needing to be spent?
❏ Yes ❏ No
8. Is the company free to adjust prices to inflation? ❏ Yes ❏ No
9. Have you read the annual reports of the main competitors? ❏ Yes ❏ No
10.Has the management demonstrated a high degree of
integrity (honesty)?
❏ Yes ❏ No
11.Has the management demonstrated a high degree of
intelligence?
❏ Yes ❏ No
12.Has the management demonstrated a high degree of
energy?
❏ Yes ❏ No
13.Is management rational? ❏ Yes ❏ No
14.Is management candid with shareholders (evidence in the
past of open disclosure to the shareholders when there
have been problems)?
❏ Yes ❏ No
15.Has management resisted the temptation to grow quickly
by merger?
❏ Yes ❏ No
16.Has management the strength not to follow the
institutional imperatives ( avoid following current business
and sector fads)?
❏ Yes ❏ No
17.Has the business been free of a major merger in the last 3
years ( many merger failures come out of the woodwork
within this period) ?
❏ Yes ❏ No
18.Are stock options tied to SMT performance rather
organisation’s performance (if your team wins you do not
pay a .35 hitter the same as a .15 hitter.) ?
❏ Yes ❏ No
19.Are stock options treated as an expense?


Or perhaps he would pass...