Shane,
Overall, I like your portfolio, it is possibly closest in spirit on SI to what I invest into. ;)
TEO - I was not aware that they are planning to suspend/lower dividend. This might not go well :/ Also dividend suspension is talked about in other Argentine companies as government intervention of giving more money to employees and less to shareholders. This may not be good. :(
I agree that USD is weak and there's a high "chance that the dollar gets weaker over time vs. most world currencies". However, Argentine peso is one of the currencies that might be even weaker than USD. They have a long history of devaluation. :( Of course, the future may look different from the past, but so far I see no indication of that.
I just can't figure where the right energy play is. - oil E&Ps have been a great play so far. However, most of them are too expensive now, so it's not as good as it was a year or two ago. If oil crashes to $60-70, we may have great bargains again. Alternatively, you could buy supermajors, but they carry a lot of refining/chemicals/etc. baggage. I have not seen much that I like in solar or nuclear.
LHCG - even assuming medicare is fine, IMHO it is expensive. So pass for me. ;) |
