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Gafisa S.A. Message Board

  • the_entitled the_entitled Oct 16, 2013 10:01 PM Flag

    SEC filing 6-k just out Preview of Op Results 3Q13

    Overall on track to a double from here.

    3Q13 launches totaled R$498.3 million, an increase of 10.3% versus 3Q12.
    Some GFA projects being moved to 4Q13 (launch concentration on the 4Q13).

    The beef:

    Tenda Launches
    9M12 R$ 0.0
    9M13 R$ 250M

    So, GFA and Alpha segments on sync with the Brazilian economy. Tenda is adding to the bottom line. If we cash on those Tenda launches everyone rides off into the sunset...

    Sentiment: Strong Buy

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