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Fairfax India Holdings Corporation (FFXDF)

Other OTC - Other OTC Delayed Price. Currency in USD
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12.25-0.25 (-2.00%)
At close: 03:59PM EST
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  • R
    Robot Man
    volumes are drying up. only trading about 25k shares per day. Fairfax is buying up upto 50% of daily float. should help share price.
  • k
    k
    Undervalued, but likely that it will fall further to <$10 again.
  • k
    k
    Undervalued based on SOTP. BV = 20+. ~40-50% discount to BV.
    Recent offer to buy back from existing share holders at $14.90
    BIAL value discovery with IPO

    Risks:
    - Parts might be over valued to begin with
  • J
    J
    up 8.3% on no news ? What gives ? The NAV is 21.44 now though :)
    very little volume and a huge jump ! ....hmmmm whats up ?
  • R
    Robot Man
    another day of low volume trading. bodes well for 2022
  • J
    J
    BX is rumoured to be looking at this company. Their evaluation team is in phase 2 I have heard. I believe there is five stages in their evaluation. Even to get a valuated by Blackstone is a pure privilege. When a company makes this much money and earns this much per share, the big guys are gonna look. It makes Pembina look like a popcorn salesman.
  • C
    Cliff
    Let us hope Prem doesn't decide to buy FIH.U at a cheap price and make it a subsidiary of FFH. Perhaps that's why there is such little insider ownership. FIH investors would lose huge.
  • T
    The Joker
    Prem's flagship FFH doesn't get much attention, let alone a small holdings company focused on India. But this is where you find opportunities. You buy at a bargain price before everybody else discovers it.
  • J
    J
    The deflation of the share price and the inflation of the net asset value tells me one thing. It’s on purpose. Someone is trying to buy this company on the cheap. NAV is now 21.33 usd. 
  • R
    Robot Man
    my thoughts: the NAV is $20 usd. intrinsic value probably higher. Prem is going to try and buy this back. the ncib restricts how much he can buy back on the open market and increases value of outstanding shares. therefore, he will likely go to Dutch auction or buy back from existing shareholders late 2022. in this way, this is one of the safest stocks you can own on a valuation basis and a good entry point.
  • J
    J
    The NAV IS CLOSER TO 22.20 USD NOW ACTUALLY. Outstanding value . Prem is going to buy it before BX does . BX has been rumoured to be talking about FIH . Nice …. ! Safest stock on the TSX.
  • J
    J
    How can a company possibly trade it 1350 USD.? The net asset value is in excess of $20.50 USD. Quarter after quarter they earn good money this quarter being $.85 USD. The projections are over five dollars USD at the end of the year. There is only approximately 130 million shares outstanding now of which Fairfax financial loans the majority of it. I suggest they will probably buy this company out and folded into Fairfax financial at one point or there will be another public company interested in this company. I understand Blackstone has approached them recently.
  • J
    J
    It is interesting how this company is being run down and share price. Guaranteed Prem , is going to take a run at it at a reduced share price. There is no way on earth this company should be trading under $20 USD. The games they play. I don’t trust the individual. He comes from a culture of swindling ….
  • J
    J
    Could FIH afford a Div at this point of 3-5 cents a share ? Comments ?
  • U
    Upstream Thinker
    I've owned this stock for a long time. I'm in the house of pain right now. Down -26.%. The stock is severely undervalued. I see a book value >$15. The earnings per share they reported last month was a 372% surprise on the upside. I am an investor and not a trader. This stock is a screaming buy but I am not sure if I should put more money to work here. India ETFs have done far better than Fairfax YTD. I wish I knew why that is.
  • N
    Nermin
    Today's stock price is a deal....I never though I will see this.....Book Value of $16, selling at below $7.....
  • M
    Mayling
    Did everybody get one of those buyout letters? I got one this time, but happily for me, it arrived after my investment tipped into green, so I disregarded it. I think it might be time to add more shares. This is going to be Mr. Watsa's swan song, so I'm sure he wants to make it good! Share count is now 112 million, and the earnings are going to start coming in...
  • C
    Cliff
    Thanks to management for making another great accretive purchase while meeting the needs and desires of the sellers.
  • M
    Mayling
    Wow! Nice pop today. 8.90+0.85 (+10.56%) - At close: 3:59PM My overnight bid added at 7.94, with an $8limit. Lucky me to have doubled my position last night! Something to do with the SHOP/BlackBerry/Volunteer initiative. Volumes were low, about 25%. Maybe somebody else connected the same dots that I did?
  • J
    J
    Book Value is now 20.21 , just check with Office . AND ...a jaw dropping 1.52 / share USD in Q-2 2021 . Very much larger than I would have suspected . Q-3 is suppose to be EVEN LARGER ! This company is connected to FFH ...why dont banks cover it ? Why dont they issue a monthly Div .... it would shoot up to 22.00 USD per share if they did ! 78% of shares are owned by insiders , institutions and 'families' . The float is actually very small .