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Banco Macro S.A. (BMA)

NYSE - NYSE Delayed Price. Currency in USD
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14.27+0.32 (+2.29%)
At close: 4:00PM EST
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  • M
    Trying to build a bottom, we may have bumpy ride but it can provide good returns in the medium term, GLTA
  • K
    $20 soon
  • m
    BMA 52 week high was little over $77 hit in August. Then a week after hitting its 52 weeks high..."Banco Macro, Grupo Financiero Galicia, and Grupo Supervielle are falling sharply on primary election results." (Nothing to do with the BMA performance?). Now look at BMA just released Q3 earnings. EPS Suprise by 74.6%, Earnings growth up 153.9% with revenue growth of 25%. IMO, BMA very undervalued and way oversold. I read Moody's downgrades of BMA back in September based on "local current economics"? Then October 23rd "Moody's WITHDRAWS BMA ratings following the merger with Banco Macro S.A." Could or should NEW upgrades be coming for BMA with a 75% consensus estimate surprise beat? Am I missing something, Thoughts?
  • Z
    Zeynel Ozacem
    this stock goes up $47 till end of the year, they have very strong financial base
  • T
    when and how much is the next dividend payment ? Cannot find any information on the subject.
  • 0
    I'd been tracking GGAL(owning) and BMA; thinking either to add more GGAL or to buy into BMA, attractive 16.2% dividend. Any ideas or comment on these 2? TIA
  • I
    It is the stock with the highest growth in the Argentine financial system. The largest and with best results. It is lagging behind its competitors. In the short term it can be indecipherable, but in the medium term it will be a winner
  • F
    IMF renegotiation talks start this week, cannot imagine the new IMF chief in seeing what has happened in Turkey will have any choice but to renegotiate. Still iffy because it is the IMF and there is a whole Wolfgang Schauble strain of thinking there but cannot se the austerity advocates holding any real sway based on current macro and recent history.
  • A
    The AR implemented a 30% tax for changing Pesos to Dollars. So that will be a 30% hit on dividends
  • L
    Volume has settled. Almost time to start the long climb
  • T
    So glad I sold this pig at $65 to get into gold.
  • N
    Headed much higher
  • S
    I assume they may trim the dividends , plus the extra fee to pay for converting peso to dollars ... i assume dividends may become in effect one third
  • N
    No clue what happened today. Earnings June 9th. Let’s see what happens.
  • T
    If Macri losses, the likely scenario is default + capital control. With capital control, ARS will appreciate and BMA’s US$ profile will jump up and share price will rise. Excessive demand for US$ by Argentines will not allow any policy to succeed. I hold 1k unit LONG!
  • M
    Argentinean peso has dropped in half since April....Even if IMF releases the $50B loan early this economy is toast...I would not invest in Argentina at this time...
  • A
    Maybe BMA new record low $21 under anyone think and any idea be honest advice
  • É
    Solid numbers despite near miss (and a PE under 3?!!). I understand it was a bad day today but c’mon... seems undervalued.
  • N
    $60+ coming
  • m
    Hit every strike price on the calls so far. $BMA was a sleeping giant. Research pays off.