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


To: Madharry who wrote (30510)4/1/2008 4:16:44 PM
From: Oblomov  Read Replies (1) | Respond to of 78618
 
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.



To: Madharry who wrote (30510)4/1/2008 11:47:23 PM
From: Spekulatius  Read Replies (1) | Respond to of 78618
 
CRESY, at first glance CRESY looks mismanaged. The number that seems to be raising the fastest over the years are shares outstanding. Earnings are lumpy and most seems to come from land sales while the core business generates losses.