Bullboard - Stock Discussion Forum Fairfax Financial Holdings Ltd FRFGF

Primary Symbol: T.FFH Alternate Symbol(s): FRFHF | T.FFH.PR.C | FXFLF | FRFZF | T.FFH.PR.D | T.FFH.PR.E | FXFHF | T.FFH.PR.F | FAXRF | T.FFH.PR.G | FAXXF | T.FFH.PR.H | FRFXF | T.FFH.PR.I | T.FFH.PR.J | T.FFH.PR.K | FRFFF | T.FFH.PR.M | FFHPF

Financial Services Insurance - Property & Casualty

Fairfax Financial Holdings Limited is a Canada-based holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management. The Company’s segments include Property and Casualty Insurance and Reinsurance, Life insurance and Run-off and Non-insurance companies. The Property and Casualty Insurance and... see more

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TSX:FFH - Post Discussion

Fairfax Financial Holdings Ltd > Another View

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Post by retiredcf on Jun 12, 2023 1:17pm

Another View

This viewpoint is from last Thursday. As for the previous poster, he just appeared on SH a couple of hours ago and I have quickly shuffled him off to the ignore bin. GLTA

Fairfax's share price broke the $1000 mark today. Seems to be due to some announcements made in the last couple of days. Can you explain what FFH has done and whether you like it?

FFH has bought about $2B in loans from PacWest, with a yield at 8.6%, which the company has locked in. It shows the type of deal a capital-rich buyer can make buying from a motivated seller. We think it is a good deal and will certainly add to earnings. FFH is the type of company that can take advantage of distressed assets/sellers, and we think the stock is attractive for patient, long term value investors. (5iResearch)

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