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suffering is almost over.....on cnp, page-61

  1. buffett
    3,298 Posts.
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    15/09/08
    13:54
    Post #: 4266280
    Apples,
    Was aware of writedowns & conditional sale. Believe price relative to NTA & cashflow situation provided good risk/reward ratio.
    Lesson learnt, NTA values & cashflow mean little if banks control situation.
    Regards
    Buffett
    CNP Price at posting: 7.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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