Thursday, February 10, 2011

Presidente da Cielo diz: "Alguns dos movimentos de queda das ações se intensificam exageradamente"

Is the present moment the perfect exemple of a moment when a good company or setor falls in disfavor with the market, offering an unique oportunity to buy a bargain? Is the current succession of bad news enough to justify a company like Cielo or Redecard to be valued at a P/E of 8,5? Those are companies with a payout between 90 and 100% with little need for Capex (investiments or capital expenditures). The dividend yield today is 10% or more.
Benjamin Graham tought us that Mr. Market is prone to overreact on the ups and on the downs.
The intelligent investor waits until he sees a condition like this.

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1 comments:

sid said...

I'm sure this is a situation that the market is overreacting. Maybe the market is using all their money to buy OGX...

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