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Strategies & Market Trends
SFN Grupo Financiero Serfin

An SI Board Since June 1998

Posts	SubjectMarks	Bans
18	0	0

Emcee: Panita	Type: Unmoderated

Introduction Compact

SFN Mexico's Third largest bank shares on sale.

SFN Grupo Financiero Serfin. Honk Kong bank (who owns Marine Midaland in the USA) own 20%+ of Serfin. There is legislation pending in Mexico that would allow foreign banks to buy 100% stakes in the largest three banks in Mexico. Banamex, Bancomer and Serfin.

Mexico fourth largest bank Confia is being acquired already by Citibank.

At the current price of $ 1. SFN is trading at a 52 week low. This stocks likes to move between low $1 and $ 2+. It has done this a few times since I started to follow it last year.

Today price of $ 1 has been caused by Asia and Brazil markets and has nothing to do with Serfin.

Here is the chart for Serfin:

quote.yahoo.com

Happy Investing!

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
18	Panita, Have a GREAT weekend: Saturday December 12 8:14 AM ET Mexican Partie	Tom R. Jones	-	12/12/1998
17	I'll keep an eye on it on Monday have a great weekend	Panita	-	12/11/1998
16	Panita, According to Mexican law, there must be a budget agreement by December	Tom R. Jones	-	12/11/1998
15	Mexican stocks close higher on Fobaproa optimism MEXICO CITY, Dec 2 (Reuters)7	Panita	-	12/2/1998
14	I know that I'm talking to myself, but SFN did it again. There was a VERY	Tom R. Jones	-	8/20/1998
13	Today's Action! For the second straight day, SFN had a late trade that was	Tom R. Jones	-	8/18/1998
12	Mexico's bank bailout probe seen as risky business By Caroline Brothers	Tom R. Jones	-	7/29/1998
11	Interesting... Today, I decided to buy a few thousand shares of SFN at 1 1/6 w	Tom R. Jones	-	7/21/1998
10	Tom, To invest in SFN an investor needs to understand SFN's place in Mexico	Panita	-	6/30/1998
9	John, you might get a chance to buy back in at $1. I noticed that one of the b	Tom R. Jones	-	6/29/1998
8	John. SFN went from 1 to 1 1/2 in less than a week not bad! I sold and will re	Panita	-	6/28/1998
7	Last ask was 1 1/4. Asian markets are up big tonight. Here we go....	Panita	-	6/17/1998
6	Warm up your engines SFN will ride up as International markets settle. I am lo	Panita	-	6/17/1998
5	thanks for the info but currently not enough $$$ to gamble on something do not	John Liu	-	6/12/1998
4	John. This is a highly speculative stock. Not one to hold do to financials etc.	Panita	-	6/12/1998
3	Do you have any financial info on the compay(Outstanding, Float, Earnings, Book	John Liu	-	6/12/1998
2	Last chance before the law is passes Mexican Congress... For complete story cl	Panita	-	6/12/1998
1	Up 12% today. Not bad considering the blood bash in Asia last night we may rev	Panita	-	6/10/1998

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