Canada Markets closed

Fairfax India Holdings Corporation (FIH-U.TO)

Toronto - Toronto Real Time Price. Currency in USD
Add to watchlist
12.85-0.03 (-0.23%)
At close: 4:00PM EDT
Sign in to post a message.
  • G
    Green Mosquito
    I was looking at investing in india and found this one. I understand people say watsa is the buffet of canada but was looking at his letter to shareholders and it seems he's taking a 20% performance fee over 5%. Thats surely not buffet! I know buffet had that when he was a manager in back in the 50-60s but it seems you would be a long term bag holder. any thoughts?
  • 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...
  • J
    J
    WHY , is this Gem trading at ~ 41% under Book Value ? Take out target ?
  • J
    J
    Off of Yahoo you are looking at they are trading at .70 of their Book , on some other sites they are trading at .67% - .62% . IR says we are close to >68% . My God , why is this trading SO LOW ?

    Price/Book (mrq) ~0.7013
    Enterprise Value/Revenue 3 2.99
    Enterprise Value/EBITDA 7 N/A

    Beta (5Y Monthly) 1.13
    52-Week Change 3 85.94%
    S&P500 52-Week Change 3 36.12%
    52 Week High 3 14.90
    52 Week Low 3 6.80
    50-Day Moving Average 3 13.90
    200-Day Moving Average 3 12.94
  • 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 .
  • R
    Rishi
    Sanmar IPO has completed. Will be listed Aug 24. Current valuation of Fairfax equity is about $430 million.
  • C
    Cliff
    Thanks to management for making another great accretive purchase while meeting the needs and desires of the sellers.
  • R
    Rishi
    Sanmar trading now 10% above IPO price. I presume they have been able to retire their high priced debt with the funds Well played. Carry on!
  • s
    snoop
    scam alert...prem is a scam artist
  • 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
    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?
  • S
    Shaun
    what is happening to this stock? i cant see what is driving them so far below book value. Any ideas anyone?
  • R
    Rishi
    it's an infrastructure stock. it will return to mid teens
  • R
    Rishi
    try not to look at it. long term play. will go up when you least suspect. value is more than there.
  • J
    João
    incredibly arbitrage opportunity. This stock is like a hedge fund and nav should be equivalent to the book value, so price is going to be very close to book value. The only reason for this lag is because book value is just communicated every quarter. But you can follow their major holdings like IIFL or Quess and try to estimate the book value. You can verify that those stocks have been appreciated considerably since last quarter and I am very confident that book value is going this quarter. but in case he don't, the difference between price and book value is right about 14%. You can take the opportunity just to the grab this 14% with very low risk.
  • K
    Kyle
    Why the jump today?
  • N
    Nermin
    CSB Bank’s IPO got an overwhelming response from investors. The issue was subscribed a whopping 87 times after it got bids for 100.44 crore shares versus 1.15 crore shares on offer for sale.
    CSB Bank’s IPO got an overwhelming response from investors. The issue was subscribed a whopping 87 times after it got bids for 100.44 crore shares versus 1.15 crore shares on offer for sale.
    www.fortuneindia.com
  • J
    João
    Another good day for IIFL, with 15% appreciation. Fairfax India Book Value will appreciate accordingly this quarter, because IIFL is a important part of their portfolio.
  • G
    Gordon
    I don't care how much upside Faifax has, as soon as I break even I'm out of anything Fairfax for good