Post by
Jonathan9 on Feb 04, 2024 10:20am
$1.5+ Billion USD Q4 net earnings?
Expect a record quarter and year for Fairfax. Year end book value estimate of $942 USD. Company repurchased 50,000+ shares at the end of the quarter and increased dividend 50%.
Peers are reporting stellar insurance results with the exception of Markel. Excellent combined ratios.
$1500 CAD share price after Q4/YE results. $1700 CAD after Q1 results.
Continues to be a very cheap stock. Market is still underestimating earnings power of this company over the next 3 years.
Comment by
Jonathan9 on Feb 16, 2024 7:15am
Close on EoY BV... Only $2 off.