LEA
Dah Hui Lau (David): Richard Pzena: Lear Undervaluation Summary
(via dahhuilaudavid.blogspot.com)
A nice summary of why Lear Corp. is undervalued.
Mohnish Pabrai 13-F for Quarter Ending March 31, 2007
(via www.sec.gov)
Mohnish Pabrai bought more Delta Financial Corp., Harvest Natural Resources Inc., Cryptologic Inc., FreightCar America Inc., and Berkshire Hathaway. He sold half of his position in MDC Holdings Inc., half of Star Gas Partners LP, most of remaining Universal Stainless Alloy, and a good chunk of Lear.
Mohnish Pabrai's Holdings as of September 30, 2006
(via www.sec.gov)
It appears value investor Mohnish Pabrai has added Fidelity National Financial, Lear Corp., and Delta Financial Corp. to his portfolio this past quarter.
Tilson Fund Quarterly Holdings
(via www.sec.gov)
It look's like Tilson's Focus Fund has added USG, Premier Exhibitions, Dell, M.D.C. Holdings, Canadian Tire Corporation, and Wendy's International. It looks like Lear Corporation and H.J. Heinz Company stock was sold.
Does Icahn Want To Be King Of Lear?
(via www.forbes.com)
Carl Icahn has reached an agreement with Lear (LEA) that will allow him to buy another $200 million in common stock. As a result, Icahn will name a representative to the company's board of directors. The investment will more than triple Icahn's stake in the auto parts maker to from 5% to 16%. Icahn will acquire 8.7 million shares at $23.00 a share in a private transaction.
