Just so you know: I bought some shares of ROMI3 today. It has gone down too much.
I think I'm fully acquainted of its problems (weaken dollar, raw material price level, China). But if it was not for that, how could you buy at that price?
I think it worth a small position at this price.
Thursday, June 2, 2011
ROMI3 - Romi
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2 comments:
Unfortunately I don't see ROMI earnings recovering. The exchange rate, most of the time in the next years, will play against ROMI.
FRAS4 is also being beaten by the exchange rate, but is not suffering so much as ROMI. It's business is also not so dependent on the business cycle.
I'll buy more FRAS4 at 3,00
http://www.valor.com.br/valor-investe/o-estrategista/1022238/industria-de-bens-de-capital-e-o-cambio
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