shalab Posted July 13, 2016 Posted July 13, 2016 15 bagger in quess http://economictimes.indiatimes.com/small-biz/hr-leadership/people/ajit-isaac-the-man-behind-quess-corps-blockbuster-listing/articleshow/53183311.cms
Hoodlum Posted July 13, 2016 Posted July 13, 2016 My very basic calculation puts FFH share at $75M US. Unfortunately not enough to move the needle.
indirect Posted July 13, 2016 Posted July 13, 2016 Mistake of Omission Prem bought Thomas Cook India at Rs. 60 for control from Thomas Cook UK and Mr. Market gave us multiple opportunities to buy in fifties at BSE (Bombay Stock Exchange) for the next six months. As CM says, I was sucking my thumb. Prem made it clear in his letter to his shareholders that Thomas Cook will be his platform for more acquisitions in India. He then bought Ikya Global with it came Aijit Isaac. This was all before Fairfax India. I met him at the FFH Annual Meeting in Toronto next year and was very impressed with him. I will not make the same mistake again as I plan to buy Quess when it becomes reasonable.
bluedevil Posted July 21, 2016 Posted July 21, 2016 My rough math puts it closer to $38m invested by FFH with a market value of approximately $600m now. My assumptions - a crore is worth approx $150k. According to the article, FFH paid Rs 245 crore for a 68% stake in 2013 that is today valued at nearly Rs 4,000 crore at a post-IPO stake of 62.58%.
petec Posted July 21, 2016 Posted July 21, 2016 My rough math puts it closer to $38m invested by FFH with a market value of approximately $600m now. My assumptions - a crore is worth approx $150k. According to the article, FFH paid Rs 245 crore for a 68% stake in 2013 that is today valued at nearly Rs 4,000 crore at a post-IPO stake of 62.58%. I may be being really thick but I don't see how this is possible when the share price has "only" gone from 50 to 200?
bluedevil Posted July 29, 2016 Posted July 29, 2016 Prem addressed this on today's conference call. FFH's $60m investment is now worth $420m.
beerbaron Posted July 30, 2016 Posted July 30, 2016 Is it shown in the marked to market on in the revenue line? BeerBaron
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now