Author Topic: Fairfax India new issue  (Read 175881 times)

ICUMD

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Re: Fairfax India new issue
« Reply #400 on: April 18, 2020, 11:22:32 AM »
Correct me if I'm wrong, but since they get a regulated 16% return on aero operations, they will never suffer loss on core operations.
FIH.U TCEHY, IFFNY, BRK.B


petec

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Re: Fairfax India new issue
« Reply #401 on: April 22, 2020, 03:55:15 AM »
I have not scoured the AR yet. Does anyone know if the "ratchet" in the OMERS deal includes a deadline for an IPO? because
a) if not then the ratchet is somewhat irrelevant.
b) if so, and it is any time soon, then FIH are going to give away a lot of BIAL shares. Coronavirus and full IPO valuations are not compatible.
FFH MSFT BRK BAM ATCO LNG IHG TFG CGT DC/A

hobbit

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Re: Fairfax India new issue
« Reply #402 on: April 22, 2020, 11:52:57 AM »
I have not scoured the AR yet. Does anyone know if the "ratchet" in the OMERS deal includes a deadline for an IPO? because
a) if not then the ratchet is somewhat irrelevant.
b) if so, and it is any time soon, then FIH are going to give away a lot of BIAL shares. Coronavirus and full IPO valuations are not compatible.

on the call they said next 3 years