When market kings had bought as many as they want at this ridiculous price level. This puppy will FLY.
The 3rdQ numbers are great . The strike in Sidor is OVER . Argentine GDP grew 8% in 3rdQ ! Venezuela GDP grew 10% in 3rdQ ! Techint is doing a fantastic job , guidance is extremely positive: earnings are growing qr. after qr. , debt is being reduced , dividends will be payed next qr , ...
So what the hell is TX trading at PE = 4,8 ??? ... We just have to wait for them let her go .
Actually I will be buying more TX on any further weakness. This sector is consolidating at a rapid rate. If RS is good, which I believe it is, then TX may just be better. Higher cash flow, higher revenue, lower price/book value multiplier, lower debt/ equity. Seems to me TX should certainly do just fine.