November 20, 2017

Catholic Syrian Bank - Fair Value Calculations

Response Received From a Reader / Investor

http://www.livemint.com/Industry/it0nLie0Fvdt7OkZz7o3vI/Catholic-Syrian-BankFairfax-deal-collapses-on-valuation.html


Latest information on valuation of Catholic Syria Bank -- high NPAs; Prem Watsa left the deal because he valued it between Rs 60-100. Even with 15% control premium it should not be more than Rs. 130. 


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