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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

Post by GrahamBon Nov 16, 2020 7:43pm
848 Views
Post# 31911645

Value stocks rebounding nicely

Value stocks rebounding nicely

Interesting article on this, and the value of FFH.

"Fairfax Financial Holdings Ltd. (FFH-T) The insurance conglomerate run by chief executive Prem Watsa - often referred to as Canada’s Warren Buffett - trades at about 0.7 times book value. In really good times, notes Norman Rothery, it might get back up to 1.5 times book value. In other words, a double is a possibility in the stock price should all go well with COVID-19 vaccines and if the value stocks owned by Fairfax make a comeback. Norman explains more on why he’s recommending the stock. (for subscribers)"

 

 

https://www.theglobeandmail.com/investing/markets/inside-the-market/article-dont-count-out-value-investing-quite-yet/

 

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