CRES Cresud

[Yops]

campito
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Hi BienVista,

It looks like yu have put long hours on researching this group of companies:

Just a word of caution. You can´t blame Argentina for not delivering the goods. Truth is that management responsibility is to do that. And the fact is that the management does not have a good track record in delivering great returns for the minority shareholders.

Do not take my word for it. Just check their past track record and you will find plenty of evidence of not taking care of their minority shareholders

A few hints in that regard:

From the land "reserve" in Salta about half of the land of the group, check who was did they buy it from.

Back in 2001, CRESY and IRS were not related except from management. check why did CRESY bought IRS while it was loaded in cash.

Check the dismal return on equity of the group and that will explain why the share price went nowhere during the last 20 years and not the political turmoil in Argentina. In the same period you will find a handful of Argentine stocks that did so much better than CRESY and IRS

Check the opacity in related party transactions and management fee schemes that dent significantly the return on the minority shareholders.

[Yops]

yo no soy ese .. ¿quien será?

[scblason]

scblason respondele dale ...

jajaja, que tal campito, todo bien?

[Yops]

scblason respondele dale ...

[Yops]

ese es un tal campito ..

[diamante_loco_]

deja que suban las dos, cual es el problema

Obviamente lo digo en joda, estimado...

que suba todo a tasa agrometalera-mirgoriana en sus momentos dorados si de mi dependiera...

[scblason]

Estaria lindo responderle a este comentario en SA. Claramente hay desconfianza todavia con respecto al management alla afuera:

Hi BienVista,

It looks like yu have put long hours on researching this group of companies:

Just a word of caution. You can´t blame Argentina for not delivering the goods. Truth is that management responsibility is to do that. And the fact is that the management does not have a good track record in delivering great returns for the minority shareholders.

Do not take my word for it. Just check their past track record and you will find plenty of evidence of not taking care of their minority shareholders

A few hints in that regard:

From the land "reserve" in Salta about half of the land of the group, check who was did they buy it from.

Back in 2001, CRESY and IRS were not related except from management. check why did CRESY bought IRS while it was loaded in cash.

Check the dismal return on equity of the group and that will explain why the share price went nowhere during the last 20 years and not the political turmoil in Argentina. In the same period you will find a handful of Argentine stocks that did so much better than CRESY and IRS

Check the opacity in related party transactions and management fee schemes that dent significantly the return on the minority shareholders.

Cheers

[Yops]

..los foristas negativos se vuelven positivos en las subas ..

[fabio]

Dale Cresud, que hay que ubicar a cachetazos a la atrevida y maleducada de Agrometal...

deja que suban las dos, cual es el problema

[LogNormal]

bien cresud, y esto recién empieza

[diamante_loco_]

Dale Cresud, que hay que ubicar a cachetazos a la atrevida y maleducada de Agrometal...

[Yops]

Ahhh el día De la mujer ..

[Yops]

¿ era hoy el día D ? ..

[dabalanso]

Como no les jugué una coca...

Era 18.87 pola, eran esos pu tos 18.87

Enviado desde mi SM-J700M mediante Tapatalk

[Javierdib]

Como no les jugué una coca...

venite a zona sur que te pago la coca pola