Fairfax India new issue

[gfp]

11 minutes ago, Txvestor said:

How many shares did you get? 

 

only 100 but hey I'll take 'em

 

 

 

Edited June 10 by gfp

[TwoCitiesCapital]

Damn. Nice stink bid! 

 

I leave outstanding limit buys out for illiquid ADRS to try and get aggressive fills, but I can't ever recall it working out for me

[gfp]

40 minutes ago, TwoCitiesCapital said:

Damn. Nice stink bid! 

 

I leave outstanding limit buys out for illiquid ADRS to try and get aggressive fills, but I can't ever recall it working out for me

 

My limit order was for 17.80 - it just happened to get executed at 16.01

 

I had a ton of orders in for FIH.U and FFXDF from 17.20 -> 17.80 and this is the only one that executed so far today

[villainx]

1 minute ago, gfp said:

My limit order was for 17.80 - it just happened to get executed at 16.01

 

 

 

Someone really wanted to make sure your order was filled!

[Junior R]

5 hours ago, gfp said:

that was an unusual fill at the open ..?

 

lucky person lol

[Hoodlum]

BIAL to build state-of-the-art convention and exhibition hub by 2031.  Construction is expected to begin next year

https://www.moneycontrol.com/news/india/bengaluru-airport-city-to-get-state-of-the-art-convention-and-exhibition-hub-by-2031-prestige-group-to-invest-rs-1-800-crore-13947228.html

 

Prestige Group and Bengaluru Airport City Limited (BACL) on June 11 unveiled plans for a large integrated destination within Bengaluru Airport City, anchored by a convention and exhibition centre and supported by hospitality, commercial and lifestyle infrastructure.

 

The project, involving an investment of around Rs 1,800 crore by Prestige Group, is expected to commence construction by early 2027, with inauguration targeted for the first quarter of 2031.

 

The development will include a state-of-the-art convention and exhibition centre, luxury hotels under the St Regis and Marriott Marquis brands, premium office space, a performing arts centre, destination retail and curated food and beverage offerings.

 

Hari Marar, MD and CEO of Bangalore International Airport Limited (BIAL), told reporters that the convention centre would serve as the centrepiece of the Airport City's mixed-use development.

 

"As part of the airport concession agreement, we have nearly 4,000 acres of land, of which around 400 acres have been earmarked for Airport City. The vision is to create a hub for business, culture, hospitality, entertainment and economic activity in north Bengaluru," Marar said.

 

 

He said Bengaluru has long lacked a world-class convention facility capable of hosting large international events, adding that the new centre could help attract global conferences, exhibitions and corporate gatherings to the city.

 

According to Marar, Airport City is planned as a fully integrated mixed-use district comprising office spaces, convention facilities, retail, dining, entertainment, hospitality, a medical district and academic institutions.

 

"Airport City now has about 110 acres either developed or under development. Major projects include maintenance, repair and overhaul (MRO) facilities being developed by Air India and IndiGo, a 2-million-square-foot office park, a concert arena, hotels and a planned medical district," he said.

 

Marar said the airport ecosystem has the potential to accommodate 15-18 million square feet of office space and between 4,500 and 5,200 hotel rooms over the long term.

 

 

 

 

Edited Thursday at 12:35 PM by Hoodlum

[TwoCitiesCapital]

Sounds like a good way to increase int'l traffic to the airport  

[gfp]

Finally got a bunch of order fills today after trying every day for weeks.  Looks like $17.72 was the lowest I got executed on so far

[SafetyinNumbers]

8 minutes ago, gfp said:

Finally got a bunch of order fills today after trying every day for weeks.  Looks like $17.72 was the lowest I got executed on so far

One would think oil plunging would be bullish for Indian stocks. 
 

FWIW, the rupee is less of a headwind this quarter vs last and the public market portfolio has bounced a decent amount. I assume BIAL valuation will continue to accrete. I added some today too.