Guest Dazel Posted October 30, 2009 Share Posted October 30, 2009 Has anyone seen anything on results anywhere? Sad for the rest of the world who do not know the story. Dazel Link to comment Share on other sites More sharing options...
Daphne Posted October 30, 2009 Share Posted October 30, 2009 I agree with you Dazel. Just wrote a letter to decloet, managing editor of ROB. Others might want to follow suit. D Link to comment Share on other sites More sharing options...
StubbleJumper Posted October 30, 2009 Share Posted October 30, 2009 Maybe we could ask Fabrice Taylor to draft up a freelance piece? ::) ::) Link to comment Share on other sites More sharing options...
tyska Posted October 30, 2009 Share Posted October 30, 2009 That was the point I was trying to get across when I pointed out the estimated earnings per share that I came across. Not that the numbers were relevant but that there is all sorts of headlines when some companies beat the estimates they put out by a few cents. Dan Link to comment Share on other sites More sharing options...
omagh Posted October 30, 2009 Share Posted October 30, 2009 http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN3029761220091030 * Says no sign of hardening insurance market * Says priority is to keep financial position strong * Acquisitions, buybacks, dividend hike all options (In U.S. dollars unless noted) TORONTO, Oct 29 (Reuters) - Fairfax Financial Holdings Ltd (FFH.TO) said on Friday the insurance market remains soft and that the company continues to put a priority on maintaining a strong financial position rather than on expending capital. Fairfax, which deals in property and casualty insurance and reinsurance, said it would consider all options when it comes time to deploy capital -- including share buybacks, a dividend increase or acquisitions -- but for now it is guarding its financial position. Has anyone seen anything on results anywhere? Sad for the rest of the world who do not know the story. Dazel Link to comment Share on other sites More sharing options...
oec2000 Posted October 30, 2009 Share Posted October 30, 2009 There's this brief article on Globeinvestor - mentioned Prem's CC comments and quoted a few things from yesterday's press release. http://gold.globeinvestor.com/servlet/ArticleNews/story/GI/20091030/escenic_1345263/stocks/news/&back_url=yes It's a subscription site so not sure whether you'll be able to open. Check the globe and mail to see whether you can find the same article - but nothing that we don't know already. Apparently, on the CC, Prem said that future acquisitions will be limited to "very strong companies." Guess they have learned an important lesson. I can't help but feel that they would have taken over ING Canada if they (FFH) were in their current strong postion last year when ING went on the block. That would have been a great buy at a good price when the C$ was lower. Did anyone catch the CC? Anything interesting? Link to comment Share on other sites More sharing options...
Mikenhe Posted October 30, 2009 Share Posted October 30, 2009 the transcript of the cc http://seekingalpha.com/article/170221-fairfax-financial-holdings-limited-q3-2009-earnings-call-transcript?source=yahoo&page=1 Link to comment Share on other sites More sharing options...
oec2000 Posted October 30, 2009 Share Posted October 30, 2009 Thanks, Mikenhe! :) Link to comment Share on other sites More sharing options...
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