Sunday, September 25, 2011

Parisotto's Portfolio

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


Why he is buying TCSA3?

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3 comments:

cessna said...

I studied ETER once and ran when I saw the legal liabilities related to health issues.

sid said...

I don't like ETER3 either. I prefer DTEX3 instead.

cessna said...

ETER3 average payout in 2007-2010: 57,88M.

Using a discount rate of 7% and an upside of 100%, taking the 2007-2010 dividends as the starting point, it would require a 5% growth rate for 10 years and 2% thereafter. The intrinsic value for achieving the 100% upside is 1,5B.

The problem are the legal issues about amiant.

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