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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

Comment by ICUMD14on Sep 07, 2021 6:28pm
207 Views
Post# 33822879

RE:RE:RE:RE:With a Book Value of 20.21USD, This is seriously Undervalued

RE:RE:RE:RE:With a Book Value of 20.21USD, This is seriously UndervaluedAnchorage will be Fairfax's monetization vehicle for Indian infrastructure. By placing BIAL in the Anchorage subsidiary, they will be able to IPO it on the Indian markets and raise fresh capital to acquire more infrastructure, which the government is divesting. Current market cap for FIH is about 2 billion USD. Through Anchorage, they will raise another 2 billion USD to start. The airport is worth today 3 billion USD, of which they own roughly 50%. Not to mention their amazing work to develop and monetize the 460 acres of surrounding land. And all of it will be connected to the city via metro and possibly high speed rail. It's long play, but it will be successful. Patience is definitely required. The day to day movement is just noise.
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