Fairfax India new issue

[gfp]

1 hour ago, Xerxes said:

 

 

In 2018 AGM, Prem has said and I quote (based on memory) "we want FIH to be as far as possible from FFH"

A comparison was made (again from memory) to self-sustaining ships going on a voyage of discovery, while not putting mainland to risk. 

 

 

Thanks that is helpful 

[This2ShallPass]

11 hours ago, nwoodman said:

We shall see.  Fairfax seems happy to wait it out, so that’s good enough for me. 

Thanks for the detailed explanation.

 

8 hours ago, gfp said:

I had assumed they would accomplish bigger deal sizes by using some convoluted LP structure or friendly preferred co-investors but it seems to me like merging FIH.U into FFH is the cleanest solution and there is plenty of capital at the mother ship going forward.

Yes it's clean structure wise and lot of cash available at FFH. But would be a bummer for all us minorities holding for so many years. The other question is do they shelve the Anchorage IPO? I wouldn't be so bummed if they do the merger some time after Anchorage so everyone can profit from the airport's market value..

 

[mananainvesting]

 

[villainx]

Does Michael Fritzell post on this forum?