eclecticvalue

Here is another idea for this year. Mr. Cooper Group is one of the largest non-bank mortgage servicer in the United States. It used to be WMIH Corp which was the shell company controlled by KKR and it acquired Nationstar Mortgage Holdings. Pretty much it is a company with a large amount of NOL's. The thesis is that improved operational improvements, integrations of acquisitions, and deleveraging will make the stock re-rate. Temporarily the earnings have been depressed due to onetime expenses and changes to MtM of MSR portfolio. This should be the year the company will produce positive EPS. Also if they make a couple of acquisitions it can help utilize the NOL's faster. The NOL's don't set to expire until 2032.

I have written about this before and I still think it will do well in 2020. It is Hill International- HIL. You can check out the thread here where I posted a write-up. https://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/hil-hill-international/

You can only buy EXXRF. EXOSF doesn't exist, it must have been an old symbol. If you buy EXXRF you are buying the shares of the company but through OTC and in dollars.

Here is an overlooked small cap idea that I have found. In summary, it is a company that has multiple catalysts which can unlock value. One of them is a potential sale. The company has cleaned up it's problems that plagued them for the past 3 years and has reduced it's cost structure. So any further revenue growth should bode well for the bottom line. Full write-up is below. Hill_International.pdf

I think it has turned around the corner. The topline is starting to grow again and according to management guidance they are on track to do over a billion in revenue. Also they are looking to have positive EPS and FCF. It all comes down to the execution and whether the recent acquisition and integration of Cylance pans out.

I think he needs some outside help and I am sure there will be many people who would like to work for him.

hillfrontier83 - There was rumor of an offer of $5 billion for the Knicks.

But does INDA compound?

I googled the company they acquired. It is no where to be found. Very strange.

If anyone going to the Fairfax India AGM. Can anyone ask about why U.S. investors can't buy either the OTC or Canadian shares? When will it be fixed.

Man oh man! There were so many zingers! Great meeting.

Jurgis- Right now, you can't buy FFXDF if you reside in the United States. However, you can buy FIH.U . You have to open an extra account with Fidelity.

Parsad, is there a possibility you can talk with Fairfax for getting current with the SEC so U.S. shareholders can buy ffxdf again? or if anyone is going to the annual meeting, Can someone bring it up?

Miss Sherlock Schitt's Creek Succession

Short case on Qualcomm. https://www.kerrisdalecap.com/wp-content/uploads/2019/01/Qualcomm-Incorporated-QCOM.pdf