America Movil S.A. de C.V. Series A ADR (AMOV)
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Recent AMOV Articles
- iShares MSCI Mexico: Surprising Strength South of the Border
- Metals and Oil Prices Lift ILF, but Not Without Risk
- IXP: Calling All Global Large Cap Telecom Companies
- ILF: This Chunk of S. America is Only for the Hungriest Risk Investors
- International Stocks Gone Wild: Six Current Hotties
- Full List of Articles »
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iShares MSCI Mexico: Surprising Strength South of the Border [view article]
The good times in Mexico won't last. While Mexico is currently an oil exporter oil production is declining rapidly. So very shortly Mexico will become an oil importer and join most of the rest of the world in the huge problems increasing oil prices are causing. ReplyiShares MSCI Mexico: Surprising Strength South of the Border [view article]
I would be careful of any market where almost 50% is owned by one man carlos slim. ReplyStromeyer Jr
iShares MSCI Mexico: Surprising Strength South of the Border [view article]
Citigroup chose Mexico as its favorite stock market for the 2H of 2008, but I don't trust what investment banks have to say.The CEO of Walmex just said that Mexican inflation appears to have peaked, but the Mexican Central Bank appears more concerned about inflation. Any idea who is more likely to be correct?
Disclosure: Long shares of LDF since the start of the Iraq War. Reply
Metals and Oil Prices Lift ILF, but Not Without Risk [view article]
AMX is still a great buy wait for a huge jump on next Q results.This is my post from the forum.
EXTRACTS ARE FROM MARKETWATCH WEB PAGE
Goldman Sachs analyst Stephen Graham downgraded America Movil shares to neutral after the company missed the broker's EBITDA expectations by 4%.(SO THEY WHERE EXPECTED TO GROW 25% AND THEY GROW 21% DUE TO INVESTMENTS IN GSM TECHNOLOGY HOW IS THAT BAD???) AND THE MARKET PLUNGES THE STOCK 14% IS RIDICULOUS
The shares were also removed the broker's Americas investment buy list where they were placed last July. (DID THIS GUY NOTICED THE GROW IN NEW CUSTOMERS? A WHOPPING 5 MM IN A Q IS JUST STUPID) (THEY DOWNGRADED AMX AND KEEP THEIR NEUTRAL RECOMMENDATION IN BOND INSURERS LOL)
"Poor Mexico numbers were consistent with pressure reported by Telmex, Nextel, Axtel, and Maxcom, also implying that the apparent insulation of Mexico from the U.S. economic downturn may be evaporating," said Graham in a note. (ONLY MAKES CLEARER WHO IS DOING THE COVERAGE FROM AMX... A COMPLETE IDIOT) TELMEX, AXTEL AND MAXCOM ARE NOT MOBILE COMUNICATION COMPANIES THEY JUST DO LAND LINES, HOW CAN ANYONE BE COMPARING THAT?
PEOPLE IN LATIN AMERICAN ARE NOT STOPPING TO USE TELEPHONES BECAUSE OF A US RECESSION THAT'S JUST TOO STUPID EVEN TO TALK ABOUT IT THEY R USING MORE MOBILES NOW!! THAT'S THE REASON FOR THE WEAKNESS OF TELMEX AXTEL AND MAXCOM, THE ONLY COMPANY THAT HE MENTIONED THAT IS A MOBILE COMMUNICATION COMPANY IS NEXTEL (NIIHD) AND THAT ONE REPORTED BETTER THAN EXPECTED THERE'S A SOAR IN 14% OF ITS PRICE IN ONE DAY TO PROVE IT)
DEFINETLY A STRONG BUY
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Editors
General Discussion on AMOV
Is this a buy or a sell? ReplyIXP: Calling All Global Large Cap Telecom Companies [view article]
It's interesting to me that IXP's second and fourth top holdings are Vodafone and Verizon. Verizon is a major (and controversial) component of Vodafone. Reply