Larry Bellehumeur

Three Long-Term Investments in Latin America

Thanks for reading, everyone....

Surfgrrl - the quick answer is that it shouldn't have a huge impact on the company's overall earnings. Venezuela was responsible for about 1% of its sales in 2007, and it was actually slightly down from 2006. At most, it might subtract about 4 to 5 cents off of the 2009 Earnings expectation for the ADR, so about 50 to 75 cents off of the Price target. Still makes it a good buy.....

Gato (or can I call you Cat) -- I know that BCH only pays dividends once a year, so this often throws off how many web pages reports its yield. I chose one of the more conservative ones, as the dividend is not like most stocks who maintain it. The Board tends to approve the number based on a year to year, and does not always try to increase it from year to year like most companies. As well, it used to be that some of the dividend (when I owned it a while back for sure) was paid in Shares, which could mean that the lower number reflects the cash only, and the higher number reflects both shares and cash. Either way, it is a generous dividend, and definitely makes this stock an attractive buy.

Cheers
Larry