Should you invest in this company?

Look to the multiples of this hypothetical company:

ROE: 26%
Net Margin: 17%

The numbers are recurrent and the company has a promisor growth prospect.
It's look like a nice company, don't you think?
Now, consider these another multiples:

P/E: 34.5
Yield: 2.9%

Would you invest in this company?
I particularly won't. Despite being an excelent company, it's a bad investment because it's seems overvaluated.

COMGAS

The change in accounting standards made the comparison with past periods more difficult. The reason is the end of the regulatory asset/liabity account. The earnings presentation, fortunately (on page 12) shows the evolution of this account since december 2008.

Complete Nonsense

I can't get used to this kind of complete nonsense:

Santander tem sinergias com Real de quase 1,9 bilhão de reais
Valor ficou 87 milhões de reais acima do previsto


So what? Who's gonna know whatever they calculated?
Information completely unnecessary, to say the least.

Contax

Apesar de resultado operacional "fraco", Banif reitera compra de Contax.

Nasdaq hits 10-yr high

Also, Russell 2000 Index ends at record high of 858.31.
A new bubble?

Source: Reuters

We learn from history that we learn nothing from history

Look at what I've just read in Exame. It seems the same bullshit they're talking now. Any resemblance isn't purely coincidental. As George Bernard Shaw said "we learn from history that we learn nothing from history"

Just amazing!

The economic miracle of so blinded authorities and investors. The year was 1972 when the American daily The Wall Street Journal ran a laudatory article about the country. "Brazil, before a monumental mess, now stars in an economic miracle," the newspaper said.

The only exception was inflation, which was around 20%. But that did not take the sleeping then Finance Minister Delfim Netto. "An inflation of 19% in Brazil causes less harm than 5% in the U.S.," he said. The WSJ then predicted that within ten years, our economy would be the fifth largest in the world.

Wonderful Companies

I wonder when I'll be able to buy these wonderful companies at a fair price.
Today it's a bad investment at current valuation (maybe it doesn't apply to BBDC).