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Back to 200 picks, and a few real money buys.



June 28, 2010 – Comments (3) | RELATED TICKERS: UGP , NETC.DL , VIV

It has taken several months, but I have finally got this portfolio back down to 200 active picks (if you remember some fluke through my pick quantity up to 270ish several months ago, which did nothing good for my score). 

Additionally, I finally got around to making some new picks.  My last set of picks focused on increasing my exposure to Asia (right before Asia became the dog of the market).  For several months now I have wanted to add some Brazilian stocks to my portfolio and finally got around to it today.  I purchased UGP, NETC, and TSP.  All positively rated by the anticitrade model.  I

UGP:  Oil and gas - This company seems rock solid to me.  I am a little weary because of its run up from 2009 (up over 120% return), but I think its an excellent long term buy.

NETC:  This is more speculative.  Very strong revenue growth over the last 5 years, but hasn't done a good job of translating that into EBITDA.  I am betting that in the next year or so they improve their operations and we see a big earnings increase.

TSP: Highly rated by the anticitrade model.  I am already overexposed to this end use, but it was my top rated pick in Brazil.

3 Comments – Post Your Own

#1) On June 28, 2010 at 3:33 PM, FleaBagger (27.32) wrote:

Didn't it take AMZN seven years or so to turn a profit? But the stock went up pretty steadily (more or less, given the stock market climate).

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#2) On June 28, 2010 at 3:47 PM, FleaBagger (27.32) wrote:

That is to say, if NETC is a real business with sustainable revenue growth, they can afford to kick the earnings can down the road. I don't really know anything about them, but lack of positive EBITDA in a very small company, early in its growth cycle, is not a grave concern.

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#3) On June 28, 2010 at 6:31 PM, MegaEurope (< 20) wrote:

Actually NETC's EBITDA is very strong and growing.  The problem is huge depreciation/capex resulting in earnings/free cash flow weakness. Just a nitpick.

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