AES Tiete SA Sponsored ADR (fka AESAY)

[randall899]

My opinion on this is it is ok if you can stomach the risk. It has paid a dividend for years. I own some. It is a real utility company. it xdates soon. The price has fell a lot lately. Taxes might be a concern on this one for a U S citizen. I am not a tax consultant. I am in this stock and I am ok with it for now. Actually it is a ADR. They usually pay a special dividend also.If I had any more available funds I would buy some more.The dividend went down a couple of cents this quarter though. They have been in business for years.But hey. I am not always right so buy stock on your dd I make mistakes like I did with siaf. stev has gotten me very good results though. my first position was up over 200 % I increased it.At one time they were listed on nasdaq that is something I doubt siaf could ever do. Stev will be on the real news in America too. They do make a profit before the real interest in the hemp sector and their stock price has really been much higher years ago. Don't take my word for it though because I think I am the worst investor in the world.thankfully I am right once in a while though. It helps make up all my losses.