hendrie

We cut cable about 2 years ago, stream everything from Netflix to sports. With that being said, our Internet bill is around $100/mth

I need some further clarification here. FFH believes that under their leadership (clout/connections/etc.) they will be able to run BRIT better than when it was public, hence why they purchased it (esp at 1.5x book). If this is the case, they will be adding value to the 29% owned by OMERS and will have to pay even more in the future. Why would they not purchase outright and issue additional FFH shares, then buy back shares with the profits from Brit? (FFH is trading at 1.5x BV)

Take a look at Macro Enterprises (MCR on the TSX Venture). Low P/E, minimal debt, great ROE. I suggest you wait for a pull back below $4.75-$5.00. Almost everyone has significant gains, so you could see hefty pullbacks as shareholders realize gains. They have had significant growth in the last 6-8 quarters. Would be nice to hear from management on their growth plans, they currently have a single office in BC, but recently purchased land in Alberta by the oil sands.