tag:blogger.com,1999:blog-199626422007-02-26T00:44:30.894-08:00Sanjay John G.Blogger211tag:blogger.com,1999:blog-19962642.post-40795768309626664262007-02-26T00:44:00.000-08:002007-02-26T00:44:31.084-08:00

Hi People, From now on I will post all my investing ideas on SanjayJohn.com. Please access future blog posts from there. They will have labels to sort out the various categories of interest to you. Sanjay

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1156641077466771792006-08-26T18:09:00.000-07:002007-01-30T07:43:09.986-08:00

Sorry guys, I just discovered that I was not getting any comment moderations notices until today! The result is that many of you posted some great comments and it is only after a couple of months that the world can see them. From now on I will check often to make sure there aren't any unmoderated comments. Rock and roll, Sanjay John G.

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1159821971474313362006-10-02T13:38:00.000-07:002007-01-01T11:27:17.526-08:00

Argentina is getting better, but too slow. These guys seem to still believe that they know it all, that they dont need help from the rest of the world in running their businesses. They actively reject the collective knowledge of the rest of the world because of their over-inflated egos STILL believing that Argentina is the center of the world. They don't really realize that Argentina is a nobody

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1161260380898414692006-10-19T05:17:00.000-07:002006-12-02T13:00:15.150-08:00

IRS reports a great quarter and the stock is up 15% from it's value before the earnings. See earnings release here. Real Estate in Argentina is a good way to play the market. Plus new funds and ETFs are being launched worldwide for Real Estate Investing, and IRS is sure to make into some. That will give the shares additional boost. Sanjay

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1158003239620729442006-09-11T12:27:00.000-07:002006-09-11T23:32:05.230-07:00

IRSA, the largest real estate operator in Argentina, declared it's results for their fiscal year ending June 2006. Operating earnings and EBITA grew 44%. Sales jumped 56% to ARP 500M, which translates to about $150M in US dollars. The company did NOT give the quarterly results-their earnings releases are done in a amateurish fashion with lots of errors and typos in general. Typical of Argentina

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1156893147001366992006-08-29T16:06:00.000-07:002006-08-29T16:12:27.036-07:00

Supermarket sales in Argentina registered an impressive 9.3% gains in July 2006 from the same month a year ago. The total growth for the first 7 months of the year was 7.5%, compared to the previous year's first seven months. This is good news for the GDP and economic growth numbers to be released in the next round. The Argentine economy continues to improve, which bodes well for Argentina stock

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1156472454897933382006-08-24T19:17:00.000-07:002006-08-26T17:40:45.516-07:00

Positive reports about the economic growth in the country are pushing the stock markets higher. Venezuela is the only country is South America which is growing faster than Argentina (data for 1H2006) and this is good for Argentine stocks-money from the world is pouring into emerging markets, the current correction nothwithstanding, and if Argentina can grow it's GDP at 7% the stock market should

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1152689448097126462006-07-12T00:16:00.000-07:002006-07-19T11:48:30.850-07:00

The Argentine Government is predicting a growth of 8% for the Economy this year. Figures in for the first 4 months of 2006 indicate the Economy grew by the same percentage over the first four months o 2005. Inflation, however, is growing at double digit rates. See Reuters story here. Economies in their initial phase of recovery after a major collapse can have this problem ( seen in Russia

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1148506534014079192006-05-24T14:23:00.000-07:002006-06-29T15:25:41.493-07:00

The Emerging Markets have been selling off the past couple of weeks, and the Argentine stocks have not been spared. What's going on? Rising interest rates, rising commodity prices, Iran having nukes, there are many a cited reason for this sell-off in all stocks, from US to Argentina to India. The right answer-no one knows. Stocks don't move up in a straight line. Sharp sell-offs are

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1147121807653707942006-05-08T13:35:00.000-07:002006-05-11T07:10:41.803-07:00

Tenaris, NYSE:TS, is THE top dog of the Argentine Market. It alone makes up 27% of the Merval, the Argentine Benchmark Index. Let's profile this company a bit, and see why it has been on a tear lately. One of the most prestigious groups in Argentina is the Techint Group. From their website, Techint.com: The Group has over 100 companies with 34,200 permanent employees, with yearly revenues of US

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1146079837544656952006-04-26T12:18:00.000-07:002006-05-05T05:36:40.523-07:00

The Argentine Stock Market is being lead by safer, low risk plays like CRESY and IRS. CRESY is basically a farm products company, beef-cattle, milk and wheat being the major ones. CRESY Also owns a major stock in the largest online commodities exchange of Argentina-www.fyo.com. IRS is the biggest Real Estate Investment Company in Argentina. It has Malls, Office building, and some residential

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1143667754586822122006-03-29T13:19:00.000-08:002006-03-29T13:29:14.606-08:00

BANCO MACRO BANSUD (BMA) got listed a couple of days ago on the NYSE. The stock is up 10% from the pricing, a good deal for the investors. The Company CEO, Jorge Brito is very positive about the growth of this bank; their strategy is mostly acquisitions and working economies of scale to boost profits. See Story here. Nowhere do economies of scale work better than in Finance-the rules are

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1134993811763621212005-12-19T03:44:00.000-08:002006-03-29T08:37:26.723-08:00

When Argentina collapsed in 2001, the real estate prices really plummeted, as I covered in my previous post. People who bought real estate in Argentina at that time made out like bandits-I personally know two people who quadrupled their money in 3 years. That is some gain for traditionally conservative real estate investing! In 2005, I am still bullish on real estate in Argentina. One could go

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1142974047968516392006-03-21T12:31:00.000-08:002006-03-21T12:47:28.023-08:00

The two big telecoms in Argentina are Telefonica de Argentina, TAR, and Telecom Argentina, TEO. The stocks trade on NYSE. Telefonica de Argentina, TAR, is majority owned by Telefonica of Spain, a major Telecom operator in Europe. It has 3.4M fixed lines in Argentina (Argentina Population is 37M) and provides a host of data, internet etc services. It is also the owner of Telefonica Movil/

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1142342723479062632006-03-14T05:11:00.000-08:002006-03-14T05:25:55.236-08:00

After the crisis of 2001, Argentina is on it's path to recovery. However, the general sentiment of Argentines toward their country is very pessimistic-they don't trust the banking system, and are hesitant to hold money in banks. Many of them want to hold hard assets like land, or sometimes, do have cash stashed under their mattresses. Businesses in Argentina are conservative. They invest

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1140472886379182512006-02-20T13:47:00.000-08:002006-02-20T14:01:26.533-08:00

It is human nature to become very cautious if you have suffered a big blow in life recently. Whether it is being involved in a car accident, a financial loss in your investments, or your business suddenly taking a nosedive-we humans become very cautious soon after such a loss. Overcautious. Argentina is suffering through this conservative and pessimstic business outlook at this time. The

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1140104507463377982006-02-16T07:27:00.000-08:002006-02-16T07:41:47.480-08:00

Inversiones y Representaciones S.A. (Symbol IRS on NYSE) came out with results for their 2nd Half 2006. The Company's Revenues grew from ARP 185M to ARP 256M. (1 USD= 3ARP approx). See full release here. The press release is written carelessly. The Company fails to clarify what they mean by 2Q 2006, because they talk about 6-month results. It is not clear what the 0.8 per share earning is-is it

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1137182651968527652006-01-13T11:49:00.000-08:002006-01-15T08:50:04.096-08:00

Repsol-YPF is to Argentina what Exxon Mobil (XOM) is to the United States. It has a PE or 15, (Shares are listed on NYSE with symbol YPF), and could be perceived as one of the undervalued Oil stocks in the world. But that is understandable-after the Argentine collapse in 2001, the risk profile of the country has stayed high and investors are wary of Investing in Argentina stocks. But let's go

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1135637323224865032005-12-26T14:14:00.000-08:002006-01-05T16:12:52.693-08:00

Off late the Argentine politicians, notably Kirchner, the President, have been trying to get close to Chavez in Venezuela. They are trying to become less "IMF dependent", so to speak, because IMF poses some strict conditions when they loan money. If you want to loan money, it is completely fine to attach conditions to it. In getting closer to Chavez, Argentina risks alienating the US, it's

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1134870188105845452005-12-17T17:42:00.000-08:002005-12-17T17:43:08.113-08:00

I spend considerable time in Buenos Aires, Argentina. Have been in the country off and on for a few years, seen the financial crisis of 2001 from just across the border (I was in Chile at that time) and how suddenly the most expensive city in the world (Buenos Aires) became one of the cheapest cities in the world. The Peso collapsed. Chileans rushed in to buy Apartments in Argentina. Chilean and

Sanjay John G.tag:blogger.com,1999:blog-19962642.post-1134868682537545302005-12-17T17:17:00.000-08:002005-12-17T17:18:02.536-08:00

Welcome to Argentina Stocks Investing Blog.

Sanjay John G.