Cardboard Posted May 25, 2017 Share Posted May 25, 2017 It didn't look too good at first as they paid something around $2 and it quickly dropped to $1 but, now it appears like a double: https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTMB-2473975&symbol=TMB®ion=C Cardboard Link to comment Share on other sites More sharing options...
cwericb Posted May 25, 2017 Share Posted May 25, 2017 I also see that Blackberry share price is up about 60% since the end of March. Link to comment Share on other sites More sharing options...
Patient Investor Posted May 29, 2017 Share Posted May 29, 2017 As of the latest proxy circular from December of 2016, Fairfax owns 19,991,044 Tembec shares. Since March 31st, the Tembec share price has moved from $2.98 to $4.18 currently representing a pretax gain of almost $24 million CAD. It just seems like Fairfax has a lot of things going their way right now. Link to comment Share on other sites More sharing options...
chrispy Posted May 30, 2017 Share Posted May 30, 2017 Rough calc on the BBRY shares ($7.75 price at end of March and $11.11 price as of last week), and ICICI numbers from the other thread, Tembec numbers from above: Increase in USD/share from end of Q1 BBRY 7.03 ICICI Lombard 19.5 Tembec 1.08 Total 27.61 With book value at end of March 2017 at 348.97USD, that is ~8% increase in book value with just these three investments. Link to comment Share on other sites More sharing options...
Patient Investor Posted May 30, 2017 Share Posted May 30, 2017 Chrispy.........Don't forget about Eurobank in your list. The share price is currently 0.87 Euros up from 0.57 at March 31st. That represents approximately a $120 million USD pretax gain! Link to comment Share on other sites More sharing options...
chrispy Posted June 4, 2017 Share Posted June 4, 2017 EDIT (was pretty out of it this morning): Patient investor, that is a another 1.5%. The stock has only traded lower this quarter. Will be a nice earnings report at the end of the month. I may pick up a few more shares. Link to comment Share on other sites More sharing options...
flesh Posted June 10, 2017 Share Posted June 10, 2017 As of today, it looks like around 1.19 x current (todays) book value, you guys getting around there as well? Link to comment Share on other sites More sharing options...
nwoodman Posted June 11, 2017 Share Posted June 11, 2017 I am getting 1.16 +/-5%. Cheers nwoodman Link to comment Share on other sites More sharing options...
villainx Posted June 13, 2017 Share Posted June 13, 2017 Are you talking about Fairfax shares? I was going to ask about that, whether folks are coming back around to the company, or for folks who hadn't left, if there was renewed confidence. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted June 13, 2017 Share Posted June 13, 2017 Are you talking about Fairfax shares? I was going to ask about that, whether folks are coming back around to the company, or for folks who hadn't left, if there was renewed confidence. I've been trying to add here, but company keeps denying me the pre-clearance (I work in Finance). Dunno what's going on or when it will end, but have been trying to increase by a small amount given recent developments in the portfolio and the current share price. Link to comment Share on other sites More sharing options...
flesh Posted June 15, 2017 Share Posted June 15, 2017 Just took my first ever position in frfhf, only 5% of equity portfolio, long time lurker. Personally, I hated all the non sense going on before and I hope they don't go back to it. Link to comment Share on other sites More sharing options...
gfp Posted June 20, 2017 Share Posted June 20, 2017 Fairfax announced they sold all their Tembec https://www.reuters.com/article/brief-fairfax-sells-its-remaining-positi-idUSASA09UD5 Link to comment Share on other sites More sharing options...
Guest longinvestor Posted June 20, 2017 Share Posted June 20, 2017 How long did they own Tembec? Make any money? Link to comment Share on other sites More sharing options...
benhacker Posted June 20, 2017 Share Posted June 20, 2017 How long did they own Tembec? Make any money? ~2.5 years. Avg. cost about 2.25 CAD... I think. Link to comment Share on other sites More sharing options...
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