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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (30510)4/1/2008 4:16:44 PM
From: Oblomov  Read Replies (1) of 78624
 
APSA is a spinoff of IRS that owns shopping malls and other retail RE, and is trading at 15% above book (very thinly traded, though). From what I can gather, it pays nearly a 6% dividend. Also, the Argentine consumer is doing better, and is not in the same debt pickle as many Americans. I don't have a position, but I am studying it.
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