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Gafisa S.A. Message Board

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  • the_entitled the_entitled Oct 12, 2012 10:59 AM Flag

    Oct 2, 2012 Financial Times Article: Brazilian Homebuilders

    Lots of TV programming featuring "Flip this house", "vacation homes", "real estate whatever"...flippers capitulated a year or two after the burst. The same should happen in brazil. Housing is not an investment ( it's just a place to live) Brazilian flippers should capitulate to a consolidated industry working on economies of scale and compressed margins. Fewer players with pristine balance sheets will trade at wiser 20x.

    Sentiment: Strong Buy

1.24Oct 8 4:03 PMEDT