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Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s):  FFXDF

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes all or substantially all of its investments either directly or through one of its wholly owned consolidated subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius), and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, Maxop Engineering Company Private Limited, Jaynix Engineering Private Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.


TSX:FIH.U - Post by User

Bullboard Posts
Post by james1975on Jan 09, 2018 9:29pm
93 Views
Post# 27319317

IIFL

IIFLIIFL has gone from $598 to $715 in the past 30 days, probably a big reason for the rise. Augers a rise in ‘earnings’ this quarter. I think a lot of momo investors bought in on the last sharp rise, causing the original value investors to then sell out. Lost the momentum and people who bought during the rise to 18.99 were then underwater and so they started to sell for tax loss reasons. Now, some of those same investors are piling in again. 

Bullboard Posts