Zorrofan Posted June 20, 2015 Share Posted June 20, 2015 Prem comments on Greece and FFH investments there..... http://www.theglobeandmail.com/report-on-business/international-business/fairfax-ceo-calls-on-greece-to-remove-uncertainty-clinch-debt-deal/article25045991/ cheers Zorro Link to comment Share on other sites More sharing options...
klarmanite Posted June 29, 2015 Share Posted June 29, 2015 Looks like a maximum 5-7% hit to book values altoghether (if all positions go to zero, more like 7%). I think we can assume Eurobank is toast. The letter to shareholders spells out the exposure in detail, so unless new positions were made this year - let's hope not - stockholders should be fine. Maybe we can hope for an overreaction from Mr Market. Link to comment Share on other sites More sharing options...
Alekbaylee Posted June 29, 2015 Share Posted June 29, 2015 Article detailing Fairfax stake in Greece. http://ca.reuters.com/article/businessNews/idCAKCN0P92CT20150629 Link to comment Share on other sites More sharing options...
KinAlberta Posted June 30, 2015 Share Posted June 30, 2015 I wonder if their current stakes may give them any leverage to expand their exposure at a further discount. Link to comment Share on other sites More sharing options...
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