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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (25718)1/15/2007 11:00:07 AM
From: Winix  Respond to of 78636
 
Paul , congrats for running this board.
SBS is the 2nd biggest water co. , with U$3,4 bi (K) in the world , first is Veolia with U$ 27 bi . Suez is yet bigger but is pure water utillities .

After trading for 15 years in Brazil , I can say I know a bit of that .It's a small market about 150 stocks that is worth and perhaps 30 ADR's.

In the last 15 years PBR.A (PETR4) , RIO.P (VALE5) have rosen alot are the main brazilian stocks it look likes everybody have them or talk about them.

In the last 20 years BBD (BBDC4)and ITU (ITAU4)2 biggest banks have rosen perhaps 100 times !!!! in U$ . They have been always the winner always , even beter than RIO and PBR ,
but now I don't know if they will still rise like rocket at a PE of 14/15 .

From 3 years till now there have been a lot of IPO's with almost good return , but I don't like IPO's in Brazil . I've seen a lot of bandits in this area.

The company I most like now in Brazil is USIMINAS (OTCBB: USNZY) few volume in NY. USIM5.SA have a look in Yahoo it's one of the biggest flat steel co. with growning earnings and PE = 5.3 !

But have just switched all USIM5 for SBS ( Sabesp) that think in the short term will rise more sharply.

Anything you need about one specific stock (Brazil) just ask me . I pass you what I know .