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Non-Tech : GTR Groupo triebasa.. Look at the chart.. A winner -- Ignore unavailable to you. Want to Upgrade?


To: Rohit Nanavati who wrote (91)3/19/1998 11:07:00 PM
From: jianwei  Read Replies (1) | Respond to of 214
 
GTR has book value about $10. Investors discounted its value due to
its questionable assets in its balance sheet. Once GTR shows a clear balance sheet after sold part of its highway holdings to government, the stock price should follow. The Asia flu and Mexico economic situation may prevent the price from rising too fast. I am very happy about its current persistant rising in price comparing with other Mexico construction companies, like ICA, GMD, and GBI.

GTR shows its success in Chile construction market, and improves its back work load in Mexico. The management ownership will eventually take care of stock price by agressively proaching new business opportunities.

Technically, GTR has broken the 4 year trend line and is about to jump upside. The resistant line may be at $10. I also think it may take a while to broke the $7 1/2 median term resistance price in coming days.