Andres Rueda
Value, long-term horizon

Transportadora De Gas Del Sur S.A. - A High-Yielding Gem?

Argentina is a peaceful country with a growing, middle income economy and a highly educated workforce. And yet, among many international investors, a proposal for an investment in Argentina raises immediate eyebrows. This is in contrast to the enthusiasm with which investments in neighboring countries, such as Chile and Brazil, are frequently embraced.

For Argentina, the discomfort of international investors with the country has been expensive. Argentina's government is largely locked out of international capital markets. Companies doing business in Argentina generally pay high yields throughout their capital structures, whatever their financial condition. Frequently, the stocks and bonds of healthy and profitable companies are priced as those of companies undergoing financial distress.

International investors can take advantage of the country-specific...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details