Companhia Siderurgica Nacional ADR (SID)

All Comments on SID

  • commenter
    Brazil
    Investor
    Aug 22 07:37 PM
    My Website
    Four Brazilian Profit Plays [view article]
    I hate to break it to you - but I think I remember Jennifer now :(

    Jennifer- correct me if I am wrong---Did you not tell people to sell Visa a week (on a seeking alpha post)? (This was when V was about 65- and before it went on its run to 89). We all make mistakes and not trying to attack you- but was that you?

    Reply
  • commenter
    Brazil
    Investor
    Aug 22 07:31 PM
    My Website
    Four Brazilian Profit Plays [view article]
    Gato- I've read your comments - and realize your sentiment. The problem (and the thing that people need to realize about Seeking Alpha) is that author's writing these posts often use them to gain experience on stock coverage. In this case- the 'giveaway' was the parroted claim of Brazil's 50% plus 'middle class'. Having spent considerable time in South America- and being a long term investor in Bovespa traded stock - as well as ADRs (Brazilian/Arg/Per/Ch/... I can tell you that these little write-ups are taken at face value. Anyone with 'feet on the ground' realizes just how inaccurate such staements are.

    Now- like I said earlier- Gato does make some great points- as do some of the other individuals- but the way to play Brazil right now is on the kind of rallies that we had this week. This is what we've been talking about on the South American Stocks blog (click 'website') for the past few weeks.

    As long as we have dollar (US) value fluctuation, heavy inflation, competing geopolitical events, and a wavering demand- combined with a general global slowdown- commodities will be turbulent. As Bovespa's is over 50points weighted in commodities this will be the single biggest factor. That - and the fact that the 70point foriegn cap trading on Bovespa is fickle at best.

    If you are a LONG term investor- there is very little downside in GGB/RIO/EWZ/PBR/ITU/BB... - but you would be better off to follow my advice and buy on dips and sell into the mini rallies on PBR (argentine and brazil units)- ggb/rio/sid,Take profits after 5/6/7 points- don't get greedy and ride the peaks and valleys over the next couple of months- until the ground stabilizes.

    www.southamericanstock...     Reply
  • commenter
    gato
    Aug 21 04:09 PM
    Four Brazilian Profit Plays [view article]
    Hmmm!..My last rant (Aug 19th.) kicked up some dust, got some notice, some thought I was harsh...that's a definite.. "maybe"..but... when a person (I assumed Ms.Jennifer Yousfi, who made those recommendations, is an stock analyst) she had a responsibility to provide... "some"... facts to support her recommendation. I consider my.. "harsh feed-back".. will have a positive effect, if she ever reads it. I didn't "cut her any slack"..'cause she's a lady, and because there's people's money/savings at risk...some "might" have noticed we're in a .. Ahem!.."Bear Market", where one has to think on "the return of money, 'an not on the return from money. That's why not to mention that the ADR's represented 43% of a semi-public co. with the other 53% owned by a socialistic gov. with a extreme dislike of "foreign speculators" (their spin) extremely important part of the background information...I still do...so no apology. I don't take prisoners, 'cause in my line of work mistakes can cost lives....Gees, I'm sorry!..won't cut it.

    So this (rant) is not about Brazil, it's more about investing in general, AND so called "investors" like me, thinking that there is "someone out there" with the "real info" ready to give it to me ...for free yet..Hmmm!.. that's not the way the investment world works...'an I have the scars to prove it..with a portfolio down $24K. ...(Ouch!..grrrr!)..so far this year. Usually brokers,...No!..scratc... that!..Often, when broker's like Merrill Lynch, Citi. LSH, GS..recommend a stock..what's really going on is "they want to unload that issue onto the small time (joe sixpack) investor. (See the latest headlines on MER, C, being sued for their fraudulent behaviour(s))...and they will give very convincing info. why we should buy..and we do...Hmmm!,..and guess what....****** fill in (your) blank!... Warren Buffet said:"if you're in the game five minutes and don't know who the "mark" is...guess what?..you're it....get it?

    Bottom line,..1.We have to become our own experts, with our own research to include:
    2. What is the trend?.. 'an trade with it...no ..Buts!
    3.What is our comfort/style long or short term..(long term for me is 20 days)
    4. Valuations..P/book,..P... flow (positive or negative..if you're comfortable shorting)
    4. TA. technical analysis will show movement 'an how to play it. The great thing about TA...is, that it gives instant info. of what's happening....NOW...not what... "should"..ha... (helps to isolate the ego)
    There's more, ..."stuff" but I've gone too far already..time to "shut up!
    gato

    Reply
  • commenter
    Ame
    Aug 21 04:07 PM
    Four Brazilian Profit Plays [view article]
    Brazil always has long term potential. Easy credit in recent years has increased sales to the middle class at exorbitant interest rates that ultimately will be defaulted upon in huge numbers just like in the US. Brazil was an easy play as was China and India 5 years ago. Now going forward I would be very selective and nimble in trading Brazilian ADRs. Look at what Petrobras' stock has done to Warren Buffet in the last six months--that one was suppose to be a no brainer. Reply
  • commenter
    TopForeignSt
    ocks
    Aug 20 09:09 PM
    My Website
    Four Brazilian Profit Plays [view article]
    Brazil has long-term potential.But in the short-term anything can happen. Brazilian banks like ITU and BBD are risky as well due to over-extended consumers.While ERJ is a good start, the government there should invest in other diversified sectors while the commodities are going at least somewhat strong. Reply
  • commenter
    User 10755
    Aug 20 08:43 PM
    My Website
    Four Brazilian Profit Plays [view article]
    Have we all forgotten the best little brazilian play of all...... VIV.... need I say more? Reply
  • commenter
    Brazil
    Investor
    Aug 20 10:18 AM
    My Website
    Four Brazilian Profit Plays [view article]
    I am also a big fan of South America and Brazil in particular.

    I am a swing trader- and like the 5 percent intra-day movement of many of the ADRs.

    SID, PBR, GGB, RIO, EWZ were all moving well this morning, and did well yesterday.

    I agree with the gentleman mentioning the South American blog- that it is important to balance optimism with reality. Brazil is not the panacea that everyone makes it out to be (this is the problem with BRIC countries in general- too many great articles that ignore day-to-day realities).

    As an example- I thought the funniest comment from a true finance professional was when Jim Rogers (commodities guru)- commented on India having a long way to go as a truly emerging market as long as the have to share their roads with livestock-

    Same thing in Brazil- do your homework.

    I found the other poster's blog link useful:

    www.southamericanstock...     Reply
  • commenter
    Loxomo
    Aug 20 08:36 AM
    My Website
    Four Brazilian Profit Plays [view article]
    Check of Embraer ERJ-It makes planes carrying 35-110 people that ALL the airlines will be rushing to acquire over the next few years as they await the new fuel efficient Uniter TEchnologies and GE plane due out 2013/2016. Company is up 20% since June-mark my words! LOX Reply
  • commenter
    Gy GANTOR
    Aug 20 12:52 AM
    Four Brazilian Profit Plays [view article]
    dont know what happened but that was suppose to be CPL....TSP.... and I'll also add PDA. Reply
  • commenter
    Gy GANTOR
    Aug 20 12:49 AM
    Four Brazilian Profit Plays [view article]
    How about "CPL"...&quo... are also nice movers... Reply
  • commenter
    friedrich
    engels
    Aug 20 12:39 AM
    Four Brazilian Profit Plays [view article]
    a few good items left out. sid is building its own port or extension on the one they own. i forget and it's too late to look it up. vale has its own railway. vale has ordered 12 of the biggest dry bulk carriers in the world. Reply
  • commenter
    Nurseb911
    Aug 19 09:05 PM
    My Website
    Four Brazilian Profit Plays [view article]
    Latin America has been an important part of my investing thesis over the past few months, but I've largely avoided Brasil as I find the valuations of its ADR's expensive in comparison to other companies in that region. There are a number of stocks that travel under the radar of many North American investors that have greater exposure to the LA fundamentals for growth, with higher yields and much better fundamentals. One just needs to take the time to do the research and a little digging to be rewarded. Reply
  • commenter
    buyitcheaper
    Aug 19 08:30 PM
    Four Brazilian Profit Plays [view article]
    I like SID, but don't forget TMB - Brazilian wireless. Reply
  • commenter
    Alexander77
    Aug 19 08:03 PM
    Four Brazilian Profit Plays [view article]
    Brazil is an interesting play, I am definitely in! Reply
  • commenter
    ANTS
    Aug 19 05:20 PM
    Four Brazilian Profit Plays [view article]
    And then of course, we have BHP RIO and Woodside in Australia, which give just about the same return profiles, and have exposure to the same commodity prices but with reduced economic and regulatory risk. Reply
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