better be good news to eliminate fear come March 11, they have to calm investors that despite the currency issues in Argentina 2014 will be a good year.
Sentiment: Strong Buy
well both have large position only I won't be buying anymore, no French Fries left in the fryer. GOod luck to both of us, it's going to happen the only question is how long will the wait be.
lol, prices always go up when I sell and drop when I add. All joking aside management does not communicate because there is nothing to communicate, all the nosie causing the stock to drop is out of their control. They will focus on what they can control and if you remember the CEO said on the last call they would slightly slow growth of new store openings and double their profit efforts. It's dead money now sadly but I'd like that bottom to firmly get established and I'm still not confident until I see where it sits after earning on March 11. Good luck to you, my pps is a little under 12
the reward will be 1 - 2 years not 1 - 2 months. I do believe were forming a bottom here but I've been wrong before. As I said before World cup will not save the stock but it's going to help profits this year in Brazil where they have their largest presence, the have already started promotions this week that will drive traffic. Long term view is needed for a variety of reasons, just remember 4.5 million people walk through their doors every day, the sun will rise tomorrow, no chance of BK.
World cup won't save this stock but it won't hurt it either as I expect huge uptick in sales in the next 6 months in their biggest country Brazil. Still wondering If we found a bottom after such a painful January. They better have good news come March 11, any bad news not already baked in to this stock could really hurt. I'm long, 2016, looking for a $22 price, average in at $11 share so I'm hurting right now like many but not as bad as those who bought at $21 on IPO day or $29 shortly there after.
Tom, it seems the only good stocks to invest in are the ones you pick.... Let's not confuse Arcos with Radio Shack or JC Penny. All companies have issues, some worse than others and some politically invoked. Clearly Arcos has taken it on the chin pretty bad recently but it won't last forever and neither will the problems that caused this steep decline. Now, you asked do any of usu nderstand how things work in LATIN AMERICA. Well I spend 80 % of my time here, I'm currently in Colombia and have spent time in over 6 other latin countries in the past year so YES TOM I do understand a little about Latin America and how things work, exactly what is your experience as an expert in LATIN America. As far as the comment about YOU people can't do well navigating in USA economy that was pure ignorance, you have no idea what others have or have not accomplished. But my picks last year included other global brand names like Starbucks & Yum brands as well as Sprint a little closer to home. I heard all the losers like you telling me not to buy Sprint at $3, don't touch Starbucks at $40 and Yum at $50. I expect your a retired loser or jobless chump with a total net worth of 7k. Don't poke the Bear Tom when your just a squirrel in the woods trying to get a nut.
stocks never go down forever unless they are heading for BK and that's not the case here. Having said that it was down 16 of the 21 trading day's in January and the up days only represented less than a few percentage points. All the trades now continue to take out the holders in fear, the problem is we don't know how many that represents. It's mostly owned by institutions and they appear to want to put their money elsewhere than emerging markets, that's all over the news. ARCOS business is a little different than others suffering in Argentina because they could play as the value leader during trying economical times.... it's a thought. Additionally while Argentina is suffering they have locations in other places and unless we see a big drop in growth when they report next the long term play is still valid. Having said all this until currency issues stabilize and turn some what positive this stock is going to get beaten down like a red headed step child. I just want to be on the turn when it starts screaming back one day.
congrats on your call, at this point I guess the question is how much lower can it go. I was thinking 9 but that seems like forever ago. There does not seem to be any buyers so the bottom at this time could be a lot lower than were trading at today, scary freaking thought.
your right on all counts, I'm not touting the WORLD CUP it's just a big event that will increase sales overall and that's on top of what is considered pretty good current growth they are having. Now a company can't spend time worrying about things they can't control, i.e. the currency issues facing many latin countries they operate in, what they can control promotions, store growth, profitability etc. and that's what I'm looking for. I have a 2 or 3 year outlook from this point so selling out at these levels does not make much sense. As I mentioned I hope those who got scared out after the Argentina news are almost gone and some new more risk tolerant investors come in based on long term views. I'm in Cartagena Colombia and walk by the local Mcd's daily and it's always crowded both the store and the ice cream stand which is separate at the front of the store. There is a lot of big institutional money waiting for their returns from the IPO day's, unless I see the exiting on a much larger scale, I'll wait the 2 years.
yup, were looking for a bottom here and I hope it's in. Once all the sellers are gone I'd expect some recovery in the short term as it appeared oversold even with all the currency issues in Argentina of late. I just keep telling myself all 2000 locations opened this morning and will again tomorrow in addition to nothing is stopping that world cup in 6 months and all the promotions they will have on their road map.