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


To: Jurgis Bekepuris who wrote (30594)4/9/2008 12:32:58 AM
From: Spekulatius  Read Replies (1) | Respond to of 78711
 
re Pargesa , i plan on holding until i see the following:

- NAV discount shrinks far below historical average (10% ?)
- Pargesa's holdings are become overvalued
- Management issues.
- Arbitage opportunity with GBL.BR, NAT.BR, Power Corp.

I think Pargesa should become a LT holding - i certainly plan it this way, but if the market sends me a gift and shrinks the discount or sends me a gift i am going to take it.