Alto Palermo S.A. (ADR) (NASDAQ:APSA)

CAPS Rating: 1 out of 5

The Company business under three segments, leases & services, includes the operating results of its shopping centers, credit card operations in which its portfolio of credit card accounts issued & in others the operating results of its construction & sale

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Player Avatar twopairfullhouse (< 20) Submitted: 4/16/2010 11:14:47 AM : Underperform Start Price: $7.31 APSA Score: -86.20

Financials are really ugly, so I think the dividend is unsustainable. Couple that with operating businesses that are likely to shrink, and I don't see any positives.

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