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To: Dale Baker who wrote (105460)11/6/2011 4:16:15 PM
From: SumaRead Replies (1) | Respond to of 118717
 
I don't know whether or not I am a fan but I have the stock and have it at a very high price. WHAT else is new.
This is the buy high and hold kid.



To: Dale Baker who wrote (105460)12/9/2011 6:24:46 PM
From: Sergio HRead Replies (1) | Respond to of 118717
 
GFA

If you look through the homebuilder stocks, you can't help but stop and look at this one since it's selling at very cheap multiples. Why is it so cheap? Brazil's economy was at full speed in 2010 and has reacted negatively to the European crisis. This is reflected in their third q GDP.

Government reacted very quickly and had put in austerity measures to curve inflation and has now lifted these measures. The Brazilian govt. has also instituted a home buyer program. The GDP forecast for the current q. is very positive, setting up expectations for a very strong 2012.

Institutional investors have left GFA in mass during 2011, presenting a potential value play. The stock should regain traction as we get closer to Brazilian building season which gets ramped up in August and as positive news comes out of Brazil.

Just my thoughts. I am not long GFA at this time but keeping an eye on it for now.

news.bbc.co.uk

in.news.yahoo.com