kasi

Fairfax Financial Holdings Limited: Executive Announcemen http://finance.yahoo.com/news/fairfax-financial-holdings-limited-executive-123000906.html

MBIA?

Freddie reported 1q2011 earnings. Official release, financial supplement, and an article from Wsj attached below.

@KFRCanuk All the products they sell could easily fit on a typical dining room table! Cant' think of any other big company that fits that profile.

@anders: Taking the price of the stock 23,6 RMB we get multiples of 13 on profit and around 8,8 for the business itself. That is a good price for a company that has a Total Revenue 3YCAGR 30% (5y 48%) and profit 3YCAGR 16% (5y 38%) -- it is a wonderful company at a fair price is it not? ;) I am simplifying this analysis of course but hopefully it gives the big picture. I have started to buy the company at these levels. BRK bought the BYD rights issue @ 8HKD/share. I find it very hard to believe that the price will come down to this level again -- for that price to appear we need a crash in the market. And not to forget, BRK bought it September 2008, BYD has evolved since then. Thoughts anyone? ::) Can you clarify the valuation that you derive above..."13 on profit and 8.8 for the business itself". thx.