Daphne

Did you consider bonds going forward

IMO the biggest news here is the value put on OR. If OMMERS and CCBIP are willing to pay up based on a 9B valuation, what is the total FFH really worth?

STelco reports record revenue in Q3 and increased dividend by 50%

Turns out BRIT lost some points due to KI startup costs.

This headline is all I have. It showed up on my bank investment site. Stay tuned!

-- Earnings Flash (FFH.TO) FAIRFAX FINANCIAL Posts Q3 Net Earnings of US$462.4 Million ($16.44 Net Earnings Per Diluted Share After Payment of Preferred Share Dividends)

Glider, do you have any concrete information/ insight to support your belief Q3 will deliver negative cr results? The reason I ask is those companies that have already reported are showing/expressing glowing results.

Viking once again you’ve demonstrated through great examples and deep analysis the multi dimensional nature of this business and, by extension, the complex thinking behind its leaders’ decision-making. iMany thanks.

Results nov 4

1) if you don’t know them you have no way of knowing they wouldn’t have been selected. Unlikely yes but not impossible given their business focus and background. 2) as large shareholders and eventually very large shareholders they have the right to be there and rather sooner than later for all kinds of practical reasons.

And SD, you base that assessment on what? Gut feel, hearsay, commonly accepted biases or a deep understanding and knowledge of the individuals.

Don’t if it would effect BB position sale but FFH is now in pre release quiet period.

At the time, many had argued that share buybacks was preferable to a dividend.

You’re right TwoCities, they pulled out of NY SE because SEC wasn’t onerous enough

Based on your clearly articulated analysis and recommended approach to poor investments, maybe it’s time to take your own advice Greg……and dump this dog right now!

My apologies Greg…..you apparently don’t limit your misrepresentations to Prem….you’ve now broadened your scope to include what me too. I’m honoured!

There could be at least a dozen reasons for buying BB and and, for not yet selling. Likely there’s more than linear thought processes involved. Speculating on what they are is what people like to do. Fair enough. Impugning Prem’s values and character crosses a line.

Get real Greg. The last thing a man, of Prem’s accomplishments and contributions, needs is the “glory” of yet another Board position. Projection reads hollow.

My strictly gut feeling is that FFH wants to sell the company not just a handful of shares.

Believe we’ve crossed the Rubicon!! Range of coming Dutch Auction?

The upside is that good turnaround guys can and often do find success flogging these often tired dogs.

Having been involved in a number of retail turnaround deals in the past, my guess is Putman paid nothing or next to nothing. The scenario is often “take this dog off our hands and send us some money if/when you’re successful”.

Agreed!