Use access key #2 to skip to page content.
  • S&P 500: 1,070.52
  • Change: 1.30%
$9.35 0.00 (0.00%)
2/5/2010 12:09 PM

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

CAPS Rating:
*

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

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

Each time you rate a stock, CAPS updates the community intelligence for the company, which may or may not change its CAPS rating. For more information, visit the Help tab at the top of the page.

You aren't currently rating APSA

Add Stock to Watchlist

What the Community Thinks

Alto Palermo S.A. (ADR) At A Glance

Current Price: $9.35
Last Trade Time: 2/5/2010 12:09 PM
Open: $0.00
Previous Close: $9.35
Daily Range: $9.35 - $9.35
52-Week Range: $2.98 - $10.83
Volume: 00
Market Cap: $182.81M
P/E Ratio: 2.44
Compare Our Special Broker Offers!

Stock Trends

APSA VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

5

Alto Palermo S.A. (ADR) (APSA)

Avatar kpedo2000 (< 20) Submitted: 9/04/07 12:44 PM

Alto Palermo SA owns an irreplicable retail-based real estate franchise in Argentina where the economy has been booming since the financial crisis of 2001. Alto Palermo owns most of the malls in and around the booming metropolis of Buenos Aires. APSA owns the land and collects rents plus a percent...More

Replies: 1 | Reply | Permalink

Top Bear Pitch

Recs

3

Alto Palermo S.A. (ADR) (APSA)

Avatar DarthMaul09 (33.46) Submitted: 10/01/09 1:40 AM

Marked volatility and the current price spike up suggests a large amount of speculation, which is probably not going to be supported by earnings. Sell the rumor.

Replies: 5 | Reply | Permalink

CAPS Members

picks per page. CHANGE

Results 1 - 5 of 8 :   1 2 Next »

Show Pitch Replies

Recs

1

 (APSA)

Avatar TSIF (98.89) Submitted: 1/20/10 12:46 PM : Underperform Start Price: $9.76 APSA Score: -1.12

As a very thinly traded equity Alto Palermo has gone through some interesting price swings the last week or so. Yes, they are still 50% off thier two year highs, so I do believe there is some upside potential BUT they operate in shopping centers and credit card operations in Argentina and also diversified into construction. The package leaves it open to the economic downturn and while Argentina may not have been hit with the banking type issues the US fell for, they are still caught by the economic decline. Quarterly earnings were up yoy, but overall the profit margins are negative and debt is relatively high for its size. Most likely it was the support of the dividend despite the annual loss of $22 Million (AGP) "Alto Palermo S.A. announced that the Board of Directors has recommended payment of dividends in cash and/or in kind in an amount of up to $56,000,000 (AGP) , regardless of the negative retained earnings." This is typical of a company with strong insider ownership in South America. Borrow for today to pay out, and worry about the future later, if ever. Loss $22 Million AGP and pay out another $56 Million AGP anyway, even if it means draining your reserves in tough economical times. I am predicting that the price will correct back down when the payout is over.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (APSA)

Avatar scoobamang (87.10) Submitted: 10/31/09 2:44 AM : Underperform Start Price: $7.79 APSA Score: -17.00

This stock is laughable. Operates in 3 segments: Leasing out empty shopping centers, providing credit cards and credit to the few destitute souls who wander into these centers, and of course constructing more of these centers. All on the precipice of the largest economic downturn in history and toting a debt that's 170% of the market cap. Dumdy dumdy dum, it seems I've wandered to a 52 week high... I will ride this one all the way down.

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (APSA)

Avatar APJ4RealHoldings (80.04) Submitted: 10/29/09 1:43 AM : Underperform Start Price: $8.20 APSA Score: -14.96

real estate (international). sold short APSA in real life portfolio on 10/26/09 @$8.00/share.

Report this Post Replies: 1 | Reply | Permalink

Recs

3

 (APSA)

Avatar DarthMaul09 (33.46) Submitted: 10/01/09 1:40 AM : Underperform Start Price: $6.38 APSA Score: -44.72

Marked volatility and the current price spike up suggests a large amount of speculation, which is probably not going to be supported by earnings. Sell the rumor.

Report this Post Replies: 5 | Reply | Permalink

Recs

0

 (APSA)

Avatar bucheron (73.39) Submitted: 9/15/09 12:56 PM : Outperform Start Price: $5.05 APSA Score: 82.23

Dividend of around 5% per year over the last 6 years(Not sure if they will skip it this year or not). Plus a steady company growth of around 5% over the last 7 years.
Positive net income this year but low.

A price to Book of 0.55.

738 million assets over 458 liabilities, so not much leveraged.

GOOGLE DESCRIPTION
Alto Palermo S.A. (APSA) is real estate holding company primarily engaged in holding, leasing, managing, developing and acquiring operating shopping centers. The Company’s principal purpose consists in owning, developing, leasing, managing and operating shopping centers, and it is one of the owners and administrators of the shopping centers in Argentina. APSA owns and/or operates 10 shopping centers in Argentina, five of which are located in the Buenos Aires metropolitan area, one in Greater Buenos Aires and four are located in the provinces of Cordoba, Mendoza, Salta and Santa Fe. APSA is also the owner of certain properties for future developments in Buenos Aires and other cities in the provinces. APSA is also involved in the consumer financing business, through its subsidiary, Tarshop S.A. During the fiscal year ended June 30, 2008, it increased its interest in Mendoza Plaza Shopping S.A. from 85.4% to 100%.

MY OPINION
Company is well positioned in Argentina for its shopping centers and owns pretty much every single big shopping centers
in Buenos Aires.

The reason I can see the price is so low its that Argentina stock market has not yet recovered fully from its 2002 crash and are going through the credit crunch crash this year as well.

I Think this company is due for a full recovery but will probably take time for the market to realize it.

Report this Post Replies: 0 | Reply | Permalink

Results 1 - 5 of 8 :   1 2 Next »

Wall Street

There are no Wall Street tracker picks.

Beat this Stock

Clicking "Beat this Stock!" will bring you to a company with a higher rating than the one you're currently viewing.

Even though CAPS shows only one- to five-star rankings, behind the scenes, all companies in CAPS have a distinct numerical ranking. In other words, there is a No. 1 stock in CAPS and a worst-ranked stock in CAPS. When you arrive at the top-ranked stock, clicking "Beat this Stock!" will cause the page to refresh.

That is, until there is a new No. 1 stock!

These companies do not represent formal Motley Fool recommendations. Please do your own due diligence before investing. Fool on.

Featured Broker Partners

EQWEBD01 265ms