INDU Unipar Indupa

[carlucho]

Q BARBARO UN PESO ESTA ES JODA

[alacrán]

pese a que clarinete hablo mal de la revision del precio de los activos a largo plazo
para mi es totalmente`positivo porque implicaria una revaluacion de los activos
si se hace eso creo que revaluan para arriba los activos
haran eso porque esta proxima una suscripcion que esta prevista desde hace rato
yo no la veo rompiendo el sope

Estimado Empome, la revisión de los activos será a la baja ya que está afectada la recuperabilidad de los mismos ( por lo menos ese es el argumento de la empresa ). Este es un párrafo de la reseña trimestral que lo muestra claramente.

De acuerdo con la información enviada el día 5 de noviembre del corriente a la BCBA y a la CNV y considerando que nuestra empresa viene sufriendo pérdidas significativas que están estrechamente relacionadas con la crisis financiera internacional y que la que situación de incertidumbre y volatilidad se mantienen hasta el presente, la Sociedad va a efectuar una evaluación respecto del valor de los activos a largo plazo, cuyas conclusiones se informarán inmediatamente de finalizada antes de concluir el cuarto trimestre de 2012.

[empome]

pese a que clarinete hablo mal de la revision del precio de los activos a largo plazo
para mi es totalmente`positivo porque implicaria una revaluacion de los activos
si se hace eso creo que revaluan para arriba los activos
haran eso porque esta proxima una suscripcion que esta prevista desde hace rato
yo no la veo rompiendo el sope

[DonTeo]

Uff, como baja....Repuntará en algún momento?

[empome]

hoy lleve fuerte a 1.08
un verdadero regalo
equivale a 0.155 del 2001
0.155 * 6.80(dolar cable)= 1.05
ahora solo falta que el dolar se vaya a 12 pesos

[jabalina]

144 millones de perdida.
128 millones de intereses financieros.


Suscripcion y/o ON en poco tiempo.

muy pero muy malo el balance.
Para mi esta recontra dibujado ,estos tienen que ir en cana.
Nadie controla nada.

[Josef]

Su situacion es basicamente catastrofica.

Acaba de llegar el peor balance que se recuerde en la ultima decada.

Dos o tres perlas :

Perdida neta del trimestre ( y todo indica que vienen varios trimestres identicos) : 57 millones de pesos., acumular la friolera de 89 millones de pesos ( y eso que registra cargo virtual positivo de 42 millones de impuesto a las ganancias. La perdida ordinaria es de 131 millones en el semestre.

Mismo trimestre del año anterior: gano 9,5 millones (era muy malo pero no perdia).

El ebitda no es suficiente para pagar los intereses , fue un tercio del año anterior , solo 15 millones , cuando en el primer trimestre fue 48 millones. En el semestre fue 63 millones, y el año pasado era de 222 millones.

Carga financiera acumulada 95 millones. La empresa no puede pagarlos con el giro del negocio y mucho menos reinvertir un peso.

En estas condiciones no puede continuar, los bajisimos margenes y los pasivos la acogotan.

Actualizacion:

Ebitda: Este indicador, en el presente trimestre, se ubica en $16.270, un 9,8% por arriba de $14.822 que mostraba el trimestre precedente y un 56,3% menor al registrado en similar trimestre de 2011 cuando llegó a $37.268.

Perdida ordinaria de 9 meses : 213 millones (82 millones en el trimestre)

Costos financieros : 145 millones (50 millones en el trimestre, el triple que el Ebitda)

Envio nota avisando que en menos de 60 dias, hara una nueva valuacion de sus activos, teniendo en cuenta las voluminosas perdidas.

[SEB]

144 millones de perdida.
128 millones de intereses financieros.


Suscripcion y/o ON en poco tiempo.

[SEB]

parece que esta para comprar ahora
parece que hoy a 1.14 hizo piso

espera 2-3 semanas que llega el trimestral. vas a comprar mas barato.

[empome]

parece que esta para comprar ahora
parece que hoy a 1.14 hizo piso

[VClicquot]

Price/Sales (ttm):
0.16

Price/Book (mrq):
0.34

[VClicquot]

http://www.icis.com/Articles/2012/10/12 ... tocks.html

12 October 2012 22:16 [Source: ICIS news]

By Ron Coifman

HOUSTON (ICIS)--Latin American polyvinyl chloride (PVC) prices rose this month on feedstock costs, thin margins and firming trends in other regions, industry participants said.

In most Latin American countries, PVC prices for October were confirmed at higher levels early in the month, but in Brazil, by mid-month participants were negotiating price increases that would likely be accepted at close to the proposed initiatives, according to local sources.

The exception was Venezuela, where resin prices remained steady on government controls.

In several regions of Latin America, however, market talk pointed to weakening prices into November as a result of aggressive resin offers. Market sources projected that demand would soften in December as participants shave inventories toward the end of the year.

Sources in Mexico and Brazil said demand was not meeting earlier expectations.

On the supply side, sources said that US PVC makers had resolved production or logistics issues resulting from Hurricane Isaac, and previously snug supply had eased by mid-October.

Additionally dampening demand, the US housing industry continued a lacklustre recovery. Demand from global export markets for product from the US or Mexico was also down, sources said. The eurozone crisis and weaker activity in China has resulted in decreased demand for PVC from the Americas.

In Argentina, participants said PVC prices increased by $30-50/tonne (€23-39/tonne) for October, following a $30/tonne (€23/tonne) hike in September.

Domestic PVC prices in Argentina for October were at $1,400-1,500/tonne DEL (delivered) for pipe-grade.

Participants noted lacklustre activity, as government restrictions on imports continue to dampen market sentiment.

In Brazil, price increases of 5-8% were being discussed for October, supported by firm resin and feedstock markets in the Americas and other global regions, local sources said. No blanket announcement was heard, as negotiations are carried out on a customer to customer basis.

September PVC prices firmed by an average of 8% on partial success of proposed 12% increases, after a 5% boost in August.

Demand has improved from the first half of 2012, but is still below seasonal expectations, sources said. Infrastructure projects for the 2014 World Cup and 2016 Summer Olympics were proceeding at a slow pace, and were not yet consuming significant PVC volumes.

Supply was in balance with demand, as more domestic material was produced by Braskem’s new PVC plant and complemented with resin imports.



Domestic PVC prices in Brazil in September stood at $1,510-1,690/tonne DEL for pipe-grade.

In Colombia, domestic PVC prices for October rose by $70/tonne for pipe-grade, on support from similar market dynamics throughout the Americas and other global regions, sources said.

In September, domestic PVC prices rose from August by $50/tonne for pipe grade and $20/tonne for general purpose,

Colombian PVC for October exports was being quoted at $1,120-1,140/tonne CFR (cost and freight) South America except for Brazil and at $1,160-1,180/tonne CFR Brazil, up from September offers at $1,080-1,100/tonne CFR South America including Brazil. July prices were at $980-1,000/tonne CFR South America except Brazil and $1,060-1,080/tonne CFR Brazil.

In Mexico, PVC domestic prices increased by 4 cents/lb in October, on upward pressure from US imports, sources said.

Resin supply has eased, sources said, suggesting that increasing availability could result in weakening prices into November. Demand is expected to decline as participants destock toward year-end, placing downward pressure on PVC prices.

Mexican export material for October is being quoted at $1,060-1,080/tonne CFR South America, India and Turkey, up from September exports at $1,010-1,030/tonne CFR Europe/Turkey/Asia in September and $860-880/tonne CFR Europe/Turkey/Asia/South America in July.

In Venezuela, the population was focused on impact of the presidential elections of 7 October. However, industry participants said PVC demand was steady despite an uncertain outlook on the economy.

Market sources said that PVC availability for private industry in Venezuela, as well as for public construction projects, was ample because of the arrival of resin imports from Colombia and the US in the past few months.

PVC prices offered to private industry are assessed as stable, with the mix unchanged at 25% imported resin to 75% domestic for pipe-grade, and 80% imported to 20% domestic for general purpose (GP).

Venezuela producer Pequiven’s prices for imported resin stood at $1,609/tonne DEL for pipe grade and GP, and domestic resin at $737/tonne DEL for pipe grade and $788/tonne DEL for GP.

On the Pacific coast of South America, the lowest PVC quotes were heard at $1,020-1,050/tonne CFR Pacific coast of South America for pipe-grade, offered by a major US producer through the end of the year, regional sources said.

Supply in the region was ample amid steady demand, sources said.

PVC producers in Latin America are Braskem, Solvay and Mexichem.

($1 = €0.77)


By: Ron Coifman
+1 713 525 2653

[SEB]

A 1 peso 440millones/6,32 =69,6 millones de dolares. Muy barata, a pesar de su deuda ( casi toda en reales por la ampliacion en brasil), con el BNDES.

Pudede valer menos, PUEDE, pero 1 peso es tentador.

[Josef]

Si, correcto : 2001

A ver la suscri... como la hacen esta vez, a ver si repiten la ON en usd con la que ordeñaron a los minoritarios hace 11 años, o directamente suscriben con unas 200 o 300 millones de papelitos a 1 pesito.

Lo mas logico seria lo primero... asi no pagan ganancias y se cobran los billetes que traigan.

El problema, es que , sin devalueta, estan fregados.... no hay un mango de margen.

[SEB]

Suscripcion a la vuelta de la esquina.