Argentina's Senate approves a bill allowing the government to forcibly take over YPF. (previously)

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Vervase Comment (1)
 
What is the consequence on the stock, if the government takes the company over?
26 Apr 2012, 08:11 AM Reply Like

renenzio Comments (4)
 
The gov. will only own 51%. Now the stock is kinda not predictable as other stocks are..... However 1 month from now, the stock will start to be priced (from the market and therefore the crowds) for what is really worth and 2 years from now, you'll be able to tell if the investment you took now, or in this period, was a good one. Say the stock goes down to $5 now, because of the crowd's sentiment and volume..... The stock to my opinion is not really worth 5$.... They have all those assets...... all that profit....... all that business..... However 1 year from now, when the "momentum price" is gone, the stock will be priced for its assets, profits and overall value..... Will the company still have the same amount of business, the same share of the market that it has now? Who knows?.... This is my view; hope I was clear. I'd like to know other people's take on it. Oh, one more thing, if they really cut dividends by at least half, I would expect the stock to go further down right away..... (but it could always come back...)
26 Apr 2012, 11:21 AM Reply Like