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.
Bitcoin Hits All-Time High
2 hours ago
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
Post a Comment
We encourage your feedback and we will take your comments into serious consideration. However, you must be warned that any comment that does not follow the blog philosophy (Value Investing and Behavioural Finance) will be promptly removed.