Canada markets closed

Fairfax India Holdings Corporation (FIH-U.TO)

Toronto - Toronto Real Time Price. Currency in USD
Add to watchlist
13.64-0.13 (-0.94%)
At close: 3:59PM EDT
Sign in to post a message.
  • 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
    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 .
  • C
    Cliff
    Thanks to management for making another great accretive purchase while meeting the needs and desires of the sellers.
  • R
    Rishi
    Sanmar IPO has completed. Will be listed Aug 24. Current valuation of Fairfax equity is about $430 million.
  • 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
  • s
    snoop
    scam alert...prem is a scam artist
  • 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!
  • R
    Rishi
    BV $ 19.26. Let's see this gap close.
  • J
    J
    Liquidate the company and give 18.00 usd to each shareholder Prem. Do the right thing.
  • C
    Cliff
    I expect that there are a few large players who want out. That could keep the price more in the midrange. It could be months or even a year before we see 15.00.
  • H
    Hal
    I suspect that buying back 5% of shares is one of the more attractive investments available to the company. If FFXDF does that periodically, the discount to NAV might shrink to a more normal 10-15%. (currently 27% based on 3/31/21 NAV). 6/30/21 NAV could come in closer to $19- I can dream!
  • T
    The Seeker
    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?