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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (48146)5/29/2012 3:49:51 PM
From: Dennis 3  Read Replies (2) of 78705
 
Argentina is trying to lower its imports to help balance of payments. I don't see anything wrong with that. This is the main reason of renationalising YPF. Argentina's oil production has falling and is not keeping up with demand, so they are importing more oil, which is screwing up trade deficit.

The key to TEO is will they be renationalised also? The current price seems to think so(undervalued). I will keep my eye on this one.

TEO has a great balance sheet. growing revenue, growing earnings vs current p/e
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