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julenzi

julenzi
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  • Argentina Is Replaying Another Inflationary Collapse [View article]
    Hi Nicholas, very well written article, I live in Argentina and I couldn't have done it better.

    I agree with you on shorting ARGT but from another point of view..., when MERVAL went up since last November, I couldn't find a reason why, the only changed was the black market dollar going higher..., everything else was more or less the same as you explain in your article, the very same reasons why MERVAL went down March 2012...

    Regarding Real Estate, if you live in Argentina is one of the few investments you can do to keep the value of your pesos... From a dollar point of view I find the dollar per sqr meter a little bit overvalued.

    I enjoyed your article as I enjoyed reading your ABV articles as well!
    Feb 15 02:52 PM | 1 Like Like |Link to Comment
  • 5 High Yielding Dividend Stocks Increasing Dividends [View article]
    Syarzhuk, I agree with you...
    Oct 22 08:39 AM | Likes Like |Link to Comment
  • 5 High Yielding Dividend Stocks Increasing Dividends [View article]
    Hi Arie,

    I wouldn't buy CRESY because of it's dividend. It is an Argentinian company with operations in Brazil, so it's dividend come from Argentina... Too many restrictions to take money out of the country...
    Oct 21 08:32 PM | Likes Like |Link to Comment
  • Why The Argentine ETF Remains Steady, Despite The YPF Plunge [View article]
    Malvinas is not the same...
    Apr 20 06:15 PM | 1 Like Like |Link to Comment
  • Telecom Argentina: Buying The Dividend - Part II [View article]
    Hi Walter! My English used to be better, so I'll try... I read you live in Santa Barbara, well, I spent some time at UCSB Extension (makes me a Gaucho?)

    When Argentina nationalized Pension Funds, the ANSES (our Social Security Agency) received a portfolio of stocks that where held by them. At that point the number of ANSES' directors was limited by law, but last year (or so...), it was changed and allowed them to have directors proportional to their holdings in each stock.

    The graph in the article shows the companies ordered by ANSES %, and then shows their income ($ ARS).

    The article says that the government is in talk with the management of the companies where ANSES has a position so not to distribute dividends and reinvest that money in the companies. The target is to fight inflation and not to let that pesos run into dollars.

    Argentina is trying to secure reserves at the Central Bank, so there are lots of limits to imports, restrictions to buying dollars to the public (now, I you want to withdraw money from an ATM outside Argentina, you must have the dollars in your account). Banks that wanted to distribute dividends (such as BMA, BFR) weren't able to do it because of new Central Bank regulations on capital...

    Now I´m guessing, but I think that you won't hear companies declaring dividends for a while...

    Apr 4 11:05 AM | Likes Like |Link to Comment
  • 10 High-Energy, High-Yield Dividend Stocks [View article]
    Hi D4L!

    I would add Royal Dutch Shell (RDS-B) to your list an integrated global player with good yield and I find it fairly valued.
    Apr 4 10:25 AM | Likes Like |Link to Comment
  • Dividend Champions Smackdown XXV [View article]
    David,

    I really like your articles, they are very useful as a starting point for research.

    I am long some of the companies in your list.
    Apr 4 10:19 AM | 1 Like Like |Link to Comment
  • The Most Common Stocks Held By Dividend Growth Investors [View article]
    SDS, BUD merged with InBev, I don´t remember what year, maybe that's the reason why you couldn't find the information.
    Apr 4 09:01 AM | Likes Like |Link to Comment
  • The Most Common Stocks Held By Dividend Growth Investors [View article]
    Sorry, didn´t mention it... Long all of them!
    Apr 4 08:54 AM | Likes Like |Link to Comment
  • The Most Common Stocks Held By Dividend Growth Investors [View article]
    I agree on your list, I would add INTC, MDT and some international companies such as AZN, DEO, NESN.VX, UL (I prefer it rather than UN)
    Apr 3 08:33 AM | Likes Like |Link to Comment
  • Telecom Argentina: Buying The Dividend - Part II [View article]
    Hi Walter!

    Nice article! Just for the record Pagina 12 isn´t a business journal, take a look at El Cronista (http://www.cronista.com). Today there was a news saying that the Government is trying to stop every dividend payment.

    http://bit.ly/HGm7UB
    Apr 3 08:10 AM | Likes Like |Link to Comment
  • Gas Up Your Portfolio With Transportadora De Gas Del Sur S.A. [View article]
    Hi manya05,

    I agree with you it happened with Banking dividends, where Capital required AFTER dividends was raised to 20% by Argentina's Central Bank, guess how many banks will pay dividends...
    It is said that YPF is going to be nationalized, I don't think they'll reach that point but guess what..., Government voted against dividend distribution...

    Regarding TGS, it is a very good company, but it works in a regulated market.
    Feb 6 09:05 AM | Likes Like |Link to Comment
  • Sizing Up The Financial Sector's January Dogs [View article]
    Fredrik, after Argentina's Centras Bank capital restriction to banks, I think BFR dividend will be cut or reduced
    Jan 31 11:18 AM | 1 Like Like |Link to Comment
  • YPF Should See Good Growth On Near 1 Billion BOE Discovery [View article]
    David,

    I live in Argentina and I really don't know what to think... I don't believe they will reach the point of nationalizing the company, but I expect the dividend to be cut or reduce in the short term, so not to let US dollars out of Argentina. Investments in exploration has been reduced a lot since 2001 and I think that's another government objective with this rumor...

    Last week our Central Bank raised the capital required to banks after dividends to almost 20% to those banks willing to pay them, it is said that banks will be able to pay dividends again in 2014. That's why I think YPF dividend will be cut.

    Chavez? I don't think so but it's not Dilma or Lula either...
    Jan 31 11:13 AM | 1 Like Like |Link to Comment
  • Buy Argentina As It Prospers Under Kirchner [View article]
    Hi Farwest!

    I live in Argentina and I don't like when my government change the rules of the game, it should have been something negotiated with the miners or oil and gas producers before the announcement... But, why not repatriate revenues to the country? Why not get that money generated from resources in our soil come to Argentina and work for our economy? Government didn´t say a word about not letting earnings or payments to suppliers be done!

    I don´t know how they do it in Canada, Australia or New Zealand, but I can bet that they do exactly the same. Brazil, for sure, mandate exporters to repatriate revenues...
    Oct 28 08:46 AM | Likes Like |Link to Comment
COMMENTS STATS
61 Comments
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