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Centrais El Message Board

  • vprtwatcher vprtwatcher May 24, 2012 5:29 AM Flag

    Any warnings/advice before I buy?

    I am considering taking advantage of the recent dramatic plunge - which in my view is related not only to the currency drop, but also Brazil being less popular with lower growth and lower interest rates, EBR filing delays and related uncertainty, perhaps also its investment plans etc. I suspect government intervention is getting worse -true or not? I consider this to be a "deep value" opportunity that I am willing to hold for the very long term. I have tried to look for news (including in Portuguese, with the help of google translate), but fear that I have missed something important. Any warnings or advice from people who follow this company closely?

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EBR
2.89+0.20(+7.43%)Oct 17 4:01 PMEDT

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