Distribucion y Servicio D&S S.A. (ADR) (NASDAQOTH:DYSVY.PK)
The Company and its subsidiaries are engaged in the operation of supermarkets and consumer financing in Chile.
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As the US markets / economy continue to tank - yes, Virginia, this is a recession- there are other world markets ready to expand. Chile is one of them. DYS operates supermakets and discount stores, ie Dollar stores, in Chile. Whispers have them beginning expansion with other markets. These whispers are backed up by recent bond issues. They are looking for expansion monies. They have a good track record. They operate in a country experiencing expansion. Another good one to add to the portfolio.
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Stole this pick from another player.
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