Friday, September 1, 2006

Rustic Decorpost A Comment

Stock Market Analysis week 01/09/2006 08/26/2006

I will be brief. The IBEX 35 closed the week at 12,193 points, nearly 130 points higher than last week. You can keep climbing, but I think the party is over and it's time to leave for home. If you are someone you need to invest, my recommendations are:

Altadis, shop at 36-36.5 and that the rise in tax on snuff, may penalize the short term but long term, competition from discount brands removed.

Repsol, purchasing 22.5. A possible increase in oil prices may lead to the value to 24 euros. In the short run may have more problems with Bolivia.

Iberia, buy at 1.95. We believe that early recovery levels above 2 euros.

BME has been hard hit since it went public and seems to have stopped falling. Buy in 27.5

Metrovacesa, purchase approximately 50-100 stocks to attend the bid (there is one to 80 euros for 26% of the capital and another 78 euros for 20% of the capital, has requested the extension to CNVM 90 euros for 26% of capital).

Note: I write this because I know no one reads it. If by chance you read, you have to be clear that if you invest is your responsibility. I do not charge for this, nor guarantee any profit. This I do for fun. If you read the previous post, you will see that sometimes rightly and sometimes rightly so.

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