Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Madharry who wrote (25441)	12/4/2006 11:45:32 PM
From: Spekulatius	Read Replies (2) of 78717

MGS - gas utility and pipline company - Since we are into gambling <G>. I'll submit my foreign value pick MGS as well. Metrogas is an Argentinian Gas regulated utility and pipeline company. MGS went on the brink of bankruptcy in 2002 during hte argentinian crisis but has recently restructured their debt and is currently profitable. Nevertheless stock went down because the government did not yet approve rate increases. After the deb restructuring the balance sheet appears to be in a decent shape (debt/equity about 1). Total enterprise value is about 440M$ (if I am correct) and according to yahoo profile, MGS has about 2 Million customers and owns 15,800km of pipelines. I own some bought at lower prices and had some stinker bids in to buy more which never worked out. My research is fairly shallow on this stock (their website is terrible but they do file with sec.gov so please do you own dd.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next