UK Posted November 7 Share Posted November 7 I recently bought a small position bellow 15 USD...nothing is better for a good timing as some blind luck I guess:) Link to comment Share on other sites More sharing options...
ourkid8 Posted November 7 Share Posted November 7 1 hour ago, UK said: I recently bought a small position bellow 15 USD...nothing is better for a good timing as some blind luck I guess:) 100% agree, I am in the same boat Link to comment Share on other sites More sharing options...
SafetyinNumbers Posted November 7 Share Posted November 7 They kept the language about best efforts for the Anchorage IPO by September 2025. I don’t think it would be that surprising if someone in India had an informational edge. Link to comment Share on other sites More sharing options...
gfp Posted November 7 Share Posted November 7 (edited) 4 minutes ago, SafetyinNumbers said: They kept the language about best efforts for the Anchorage IPO by September 2025. I don’t think it would be that surprising if someone in India had an informational edge. There is also a situation progressing where Bangalore needs to start on the second airport before Kempegowda's exclusivity period expires so most likely Anchorage will get the opportunity to develop and operate the 2nd airport on the other side of town. Airport City development plus traffic roaring back to above pre-COVID peak. Got some good stuff cooking The potential large bank deal looks like a 2025 announcement. I'm OK not winning that one. Edited November 7 by gfp Link to comment Share on other sites More sharing options...
villainx Posted November 7 Share Posted November 7 Did something happened? Link to comment Share on other sites More sharing options...
giulio Posted November 7 Share Posted November 7 And it is still VERY cheap! Probably their 50+% stake in BIAL covers today's market cap of $2.2B. Get the rest for free. Btw I just read some Marval fund letters and surely Ben Watsa shares his father optimism re: India and the investment opportunities there. Worth a read! Best, G Link to comment Share on other sites More sharing options...
Junior R Posted November 8 Share Posted November 8 (edited) I think I know why this jumped yesterday Quote Celebrating +5 yrs of the Marval Guru Fund! Our 5yr 21.9% net CAGR (as of Sept. 30, 2024) ranks 6th among >3,000 institutional funds in hashtag#Canada which is a testament to hashtag#India. Deep gratitude to people of India, our clients, and team. Quote The Fund's five-year net compound annual returns of 21.9% means that invested capital doubled approximately every three and a half years. The Fund is currently the only India-focused fund in Canada with such a strong track record. In an investment world that often focuses on short-term gains and frequent trading, Marval has demonstrated the Fund's long-term, buy-and-hold investment strategy remains highly effective. marval-capital-s-india-focused-fund-with-169-total-net-return-over-5-years-outperforms-global-competitors Edited November 8 by Junior R Link to comment Share on other sites More sharing options...
gfp Posted November 8 Share Posted November 8 Sorry I had to shut that rally down by channelling my inner Bruce. My apologies to the Johnny-come-latelies. Link to comment Share on other sites More sharing options...
This2ShallPass Posted November 9 Share Posted November 9 (edited) Is that Fairfax India making a move? Wow finally On 11/7/2024 at 9:57 AM, SafetyinNumbers said: I don’t think it would be that surprising if someone in India had an informational edge. Doubt it, the timing is an election driven rally, probably tied to Trumps' pro India messages (we all know he'll flip on a dime, but will take the 8% pop!). On 11/7/2024 at 10:02 AM, gfp said: The potential large bank deal looks like a 2025 announcement. I'm OK not winning that one. This one is mostly done, the optics of a Canadian company winning one of the high profile deals will be too much for Modi govt. I'm also ok with not winning this one, too big for FFI. Edited November 9 by This2ShallPass Link to comment Share on other sites More sharing options...
gfp Posted November 13 Share Posted November 13 On 11/8/2024 at 10:50 AM, gfp said: Sorry I had to shut that rally down by channelling my inner Bruce. My apologies to the Johnny-come-latelies. None shall pass! Link to comment Share on other sites More sharing options...
backtothebeach Posted November 13 Share Posted November 13 Already bounced back...something is going on with FIH.U. Link to comment Share on other sites More sharing options...
gfp Posted November 13 Share Posted November 13 1 minute ago, backtothebeach said: Already bounced back...something is going on with FIH.U. It is usually so illiquid. Any new interest will move the price in the short term. The speculation here that it was Indian ex-pats buying on the perception of a great Modi-Trump relationship sounded plausible. But the Indian markets have been down lately. The airport is a hit so it doesn't matter to FIH.U but I'm selling these newcomers stock every time they bid it into the upper 16's Link to comment Share on other sites More sharing options...
giulio Posted Monday at 04:27 PM Share Posted Monday at 04:27 PM 108K shares were bought back and canceled in October. Max price paid $15. https://www.sedi.ca/sedi/SVTItdSelectIssuer?locale=en_CA Link to comment Share on other sites More sharing options...
hobbit Posted Wednesday at 08:20 PM Share Posted Wednesday at 08:20 PM For anyone interested in a deep dive in Bangalore airport https://www.icra.in/Rating/RatingDetails?CompanyId=14175&CompanyName=Bangalore International Airport Limited Link to comment Share on other sites More sharing options...
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