Parisotto's Portfolio

Here goes the consolidated Parisotto's Portfolio as of June 2011:

Why he is buying TCSA3?

Suzano's business plan for 2024

Extrated from the 2011 Reference Form:

10.10 - Plano de negócios

Even tropical fruits are more expensive here than in US

With  appreciation of the real, not only capital goods costs a lot less outside Brazil.
This article shows that even typical Brazilian tropical fruits costs more here than in New York!

Optimistcs News

As pessimistics news are rare, here goes one to help us remember how fragil things are:

http://exame.abril.com.br/seu-dinheiro/acoes/noticias/5-gurus-bem-pessimistas-com-a-bolsa

MAGG3 - Magnesita

I'll just post some notes about Magnesita I found searching on the net so far:

• I compared RHI numbers, the world market leader in the development, production and service of refractory materials, to Magnesita ones (RHI numbers were converted to BRL):

• The company announced investments of R$ 300 million in two projects for vertical integration into raw materials, aiming to reach 90% of vertically.
• It's trying to implement CCP model to price it's products. I didn't get that right.
• MAGG is charging about 100 millions in depreciation per year, so CFO is much higher than published earnings.
• FAMA has a nice share of the company.