how do you think that having more market based economy in Argentina will affect this and other Argentinian stocks? Will devaluation of peso make this company do better by cutting production costs?
I agree exports should jump.
I think Argentina will have a revival or interest and capital , that was being invested in outside countries due to distrust and poor management by government will come back to Argentina.
If oil starts leveling and increasing slightly then YPF should do well.
also retailers , such as APSA may improve.
I think it is related to people trying to go "safety" one last time while stock market corrects to take into account interest rate increase and lack of further easy money.
eventually, though , yield curve ( thirty year versus 3 month interest rate difference ) should go up as economy and inflation increases.
people will not want just 3 % on thirty year when economy and inflation improve.
I am thinking that eventually instead of corporations in stock market buying their own shares to prop up price, that they will use it to grow.
Also banks will eventually lend ( once it is worth it to them at higher interests) and this will lead to more economic growth.
did a paste of relevant information on $ available through digital advertising from politics:
Rubicon Project's recently formed political and advocacy team that was created to attract some of the estimated $11 billion that political parties are expected to spend during 2016. The company noted that more than $1 billion of which is expected to be spent on digital advertisements.
I imagine that even if 10 % comes our way this would make huge impact on earnings !