Junior R

https://economictimes.indiatimes.com/markets/stocks/news/fairfax-group-to-sell-a-9-72-stake-in-csb-bank-via-block-deal/articleshow/111290588.cms?from=mdr

Is CSB higher then the price they paid in 2018?

@Viking do you ever do swing trades in TFSA? Also STLC is interesting price level I been adding

another good day to buy added some around $13.85

@rajpgokul nice write up...What are your top picks in India that trade on the US Stock exchange

They should be able to sustain a drop unless stock price goes down 20% ...that would impact earnings ..It would better for them to close the swaps and just eliminate any risk to earnings...Swaps work really good when stock prices follows the direction but if it goes other way could start causing some serious impact

If stock drops due to market pull back it could cause fairfax to make payments to the entity that issued the swaps quarterly or what ever the term is... which will impact earnings

the real issue that caused no growth from 2012 to 2019 was the negative bets they had placed on the market. When those bets paid of with great financial crisis FFH got over confident....they have learned from there past mistakes so the future should be better where this can annually compounded 15% to 20% a year...The one risk that still around is the swaps. They need to close that

FFH seems to have better prospective the BRK in the next 5 years

any thoughts on if the new election results would impact the IPO

What are everyone's thoughts on outlook for India given BJP is no longer majority government? Would this be an issue for foreign investments ?

Isn't this a downgrade?

lol just need that IPO

India stock market hits new all time highs

India stock market hits new all time highs

The stock is truly like watching paint dry. I think if you bought this in the last couple years your not to upset as it has gone up in the last two years....The minute we get an IPO and if its over 3b or the assessed value this stock can jump over night...Its closer then if you bought this stock 10 years ago or when ever it IPO at $10...I have been in and out of this stock many times...My latest position I plan on holding until it gets above $17 (close to book value)...The one thing I learned about this stock is when it comes time to buy or sell large amounts it takes days as there is no volume ... If you bought INDA (etf) when this IPO you would be better off..

https://www.newindianexpress.com/cities/bengaluru/2024/May/27/bengaluru-airport-to-have-biz-park-new-hotels-concert-arena

added some more here

If $BB can run back above $10 USD will like to see FFH off load it lol

MEME STOCKS are back GME

seems like the buybacks are just getting started...DIGI IPO should push this above $1600

When does everyone think Anchorage Infrastructure will IPO?

Fairfax India

@gamma78 "I think its singular that Prem actually called out the lesson he says he learned from Munger in the AGM, meaning that finding compounders you don't touch for a very long time is important. " ...This is what makes you want to hold FFH for a long period of time @valueinvesting101 I did by HDFC on the recent dips I think from todays call we can state that Prem is doing the right thing and letting the younger generation handle the calls. The question that always comes up is who runs Fairfax after Prem Retires..but this is getting these folks ready