Post by
GrahamB on Nov 09, 2020 11:26am
Impact of the vaccine on BIAL?
Wonderful news that the first successful vaccine has reported phase 3 results, and we are on our way to control this virus.
Great news for all humanity.
This should lead to resumption of semi-normal activity, and traffic through airports like BIAL(AC shot up already).
Over time, we should start to trade near book value, at least.
Loaded up in the last month, and pleased to have, and to hold.
Good luck all!
Comment by
ICUMD14 on Nov 09, 2020 12:55pm
I suspect that there will be pent up demand for travel once covid is under control. Optimism always prevails in the long run.
Comment by
blackberry on Dec 03, 2020 10:41am
Hey ICUMD how are you? This is cactionalpha. Unfortunately I had to switch names but Blackberry is fine. Pent up demand. Oh my god and BIAL will be ready. A year from now Fairfax India will have appreciated substantially due to our current stable of companies and new acquistions. Cheers
Comment by
ICUMD14 on Dec 04, 2020 1:16am
Welcome back caction. Thought you had bailed ship! It's been a bit of a disappointing course so far. India unfortunately has an image problem for foreign investment. However, I do think the holdings of fih.u will bounce back. Airline travel will prove to be resilient along with it's other business.
Comment by
blackberry on Dec 04, 2020 10:44am
Thank you. Once we start making acquistions then we will see some movement. Fairfax India has been on sale thanks to covid 19 and still is. We are moving up on no news.