Grupo Aeroportuario del Sureste (ADR) (NYSE:ASR)

TMFBreakerForce (75.89) Submitted: 3/4/2008 12:57:07 PM : Start Price: $37.67 ASR Score: +84.53

Completing my mexican airport trifecta. (That would be PAC and OMAB)

Chemistryguy (< 20) Submitted: 12/20/2007 1:48:28 PM : Start Price: $43.23 ASR Score: +69.69

The company should be able to increase its Return On Equity to the industry average (which is triple what ASR's currently is), especially with tourist interest in the area increasing, where its current Price/Book of 1.31 would look really cheap. The potential upside seems bigger than the potential downside.

fejaber (55.51) Submitted: 8/20/2007 10:48:24 PM : Start Price: $33.63 ASR Score: +115.56

any bussisnes that is a monopoly tends to be a good bussisness and probably they will build the airport in tulum that can become a very bussy airport as an alternate to cancun´s.also cancuns airport just opened its new terminal and is already the 2nd busiest airport in mexico.

lpatti11 (72.00) Submitted: 8/4/2007 8:41:50 PM : Start Price: $37.07 ASR Score: +95.66

Everyone wants and needs a vacation,,, we love to fly South! They will develop nine airports in the southeast region of Mexico including Cozumel, Huatulco, Merida, Minatitlan, Oaxaca, Tapachula, Veracruz and Villahermosa.

docna (43.55) Submitted: 5/30/2007 10:01:08 AM : Start Price: $37.40 ASR Score: +98.35

Air travel is increasing in Mexico due to the authorization of new budget airlines. Besides that, ASUR has the control of the Cancun Airport and there is an ever growing expansion of the tourist facilities there so the traffic should increase over time.

NetscribeInterna (51.04) Submitted: 2/2/2007 6:27:06 AM : Start Price: $32.07 ASR Score: +125.15

Grupo Aeroportuario del Sureste (ASUR) has got license to operate and develop nine airports in the southeast region of Mexico till 2048. The company drives its revenues from two segments: aeronautical revenues and non-aeronautical revenues. As operators of the airports it charge airlines, passengers and other users fees for using the airport facilities, which forms part of the aeronautical revenues and contribute about 70% to the overall tally. ASUR also derives rental and other income from commercial activities conducted at its airports, and is included in the non-aeronautical revenue segment. Cancun Airport is the biggest revenue generator for the company providing 75% of the over all inflows.

Mexico is one of the leading tourist destinations, ranking among top ten countries with over 20 million foreign visitors in 2005. Cancun’s airport handles most international tourist in Latin America, while the other southern airports that near various beaches and oil refining destinations, also are quite popular amongst the domestic tourist. In 2005, Hurricane Wilma caused Cancun’s tourism industry to take a halt. Though, industry is now reeled back, notching up double-digit tourist growth, such an environmental threat will always be inherent part of the business.

ASUR with a geographic monopoly has been registering healthy returns and growing margins. The 20% rise in passenger traffic is also having a positive impact, as it is the main driver for aeronautical revenues.

In 2007, ASUR will benefit from constant adding of new routes and the completed rebuilding of Cancun’s airport, which is expected to continue the rebound from the huge slump during the hurricane. Adding to it, Cozumel’s airport that is still reeling behind the post hurricane level can bounce back and provide strong growth. Further, margins are also expected to improve further, due to larger share from the Non-aeronautical segment, making ASUR a healthy investment.

lanoush (69.80) Submitted: 1/8/2007 2:25:52 PM : Start Price: $31.61 ASR Score: +125.86

Right now practically a monopoly situation with competition a long way off (both geographically and temporally).
Travel to/from Mexico to N. America and other parts is only increasing.

ldrldr (48.48) Submitted: 10/28/2006 3:01:51 PM : Start Price: $28.15 ASR Score: +151.07

ASR as an airport in Mexico has advantages because of its financial arrangement with the Mexican gov't. Their primary traffic was related to tourists that flew to Cancun and their traffic was dampened due to much hurricane damage in Cancun. With some luck on hurricanes and resumption of air traffic back to Cancun the airport traffic should build again.

dccvxp (< 20) Submitted: 9/17/2006 2:06:58 AM : Start Price: $27.09 ASR Score: +156.47

I've go south of the border for this one. Keep an eye on this one.