Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s): FFXDF

Financial Services Asset Management

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

Fairfax India Holdings Corp

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Post by james1975on Nov 01, 2018 7:02pm

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Post# 28911313

$13.08 per share book value

Much better than I expected, considering the decline of IIFL in the quarter. IIFL has actually nicely rebounded after the end of the quarter, up 44% in the past week almost unbelievably. Now over $500 per share as I write this.

The long and short of it is that you can now buy Fairfax India for less than book value! I'm not sure this has been the case since the IPO - someone correct me if I am wrong.

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