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Revision History For: ICA - Empresas ICA (Mexican Construction Co.)

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Return to ICA - Empresas ICA (Mexican Construction Co.)

After the Peso crash of '94-'95 I purchased common shares of ICA as well as their deeply discounted Convertible Bonds. Both have done extremely well since then.

Because of the very large trading range of this issue, I've used a risk management tool to make periodic adjustments to the equity/cash ratio of my account. Essentially - sell into the rallies and buy up lots of cheap shares with the proceeds when the price is depressed. So far, so good.

The bond continues to pay out a nice dividend while I make capital gains along the way. I'm just curious if there are any others out there enjoying ICA in their portfolio.

Best regards, Tom Veale