value_hunter

They bough some in Mar. https://ceo.ca/api/sedi/?symbol=fih&amount=&transaction=&insider=

Seems Fairfax bought back $200m CAD shares in Mar. https://ceo.ca/api/sedi/?symbol=ffh&amount=&transaction=&insider=

I use this.https://ceo.ca/api/sedi/?symbol=ffh&amount=&transaction=&insider=

Actually it's cost based not fair value based. Also Canadian companies like FFH, issue foreign currency share are not treated as foreign property. https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/information-been-moved/foreign-reporting/questions-answers-about-form-t1135.html#SFPCanadianReporting

Yahoo's estimate is C$70.74 which is USD$52. meet.

Some interesting questions: If FFH purposely overvalue their asset, will that lead a higher tax or earlier tax payment? If FFH has the motive to consistently inflate their asset value why when some chances came but they chose not to. The bottom line is whether Fairfax is trustful. I found the following comment from Seekingalpha is very interesting. https://seekingalpha.com/news/4064629-fairfax-financial-drops-amid-muddy-waters-short-report#scroll_comments Doc Hopey Yesterday, 4:53 PM Investing Group Comments (571) | + Follow @zenamaste1995 When FFH sold its Pet insurance business for $1.4 bn in late 2022, FFh had to book a gain of $1.2 bn. Fairfax bought the pet insurance business for $30 mn (or was it $50 mn? From memory) less than two deacades before the sale. Essentially nobody, not even the people following Fairfax over years, were really aware, that Fairfax even owned that business. And here’s the question: Don’t you think that creative accountants would have advertised such an asset way more than FFH did? Why haven‘t they? Were they oversleeping this $1.2 bn opportunity for letting Fairfax shine? Or is it more like, Fairfax tries to grow intrinsic value (not book value), tries to avoid taxes and is advertising way less than others over its whole history? ReplyLike(1)

Are shorts covering now? Looks like no chance to buy it cheap any more.

Do you think the TRS counterparty will benefit from the price drop? Shouldn't they already hedged on this?

Why are you concerned about KW deal? Just because of the recent price drop? Or you think the KW deal is fundamentally flawed?

Debts are 100% fixed or hedged. Plus Fairfax won't let it go under.

added KW

If you hold FFH.to in Canadian account, will the broker/bank charge 2.5% exchange fee for the dividend?

Any news for big drop(3%+) today?

That maybe Brit sold part of its business to Amynta for $400M in May and affect premium written. Q3 brit's premium written dropped 8%. That's also explain Q3 overall net premium written only increase 5% not 6-8% as previous quarters.

Correct me if I am wrong. Why they have to sit for 12-18 month (wait for mature) to rotate to long duration bond if they see extreme interest cut coming? Can they just sell their short duration bond (with gain) and buy long duration(with loss) right away so they can lock in long duration?