Brazil...
U.S. dollar strength has hurt many global stock indices. Last week, U.S. Federal Reserve Chairman Jerome Powell said he may raise the fed funds rate four times this year. The market was planning on three.
Banks increase their interest rates after the Fed raises its rates. And higher rates are good for the dollar. They make savings accounts more attractive to customers.
But a stronger dollar can be bad for other countries.
Brazil is taking a beating right now. Brazil’s currency, the real, has fallen to two-year lows against the dollar … and taken stocks with it. Its stock market is down 18% over the past month.
ELP Companhia Paranaense de Energia ...only if BRAZIL could be trusted...ELP is trading for less than 1/2 of Book Value...corrupt country and is having currency problems...may be a "BLOOD IN THE Streets" stock...so what would you want to see if you wanted to buy it...
ELP Companhia Paranaense de Energia COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Parana, Brazil. As of December 31, 2017, the company operated 17 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,024.0 megawatts; and owned and operated 2,698.3 kilometers of transmission lines and 196,951.2 kilometers of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Parana and in the municipality of Porto Uniao in the State of Santa Catarina. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks, as well as to retail clients; and broadband Internet access to public elementary and middle schools. In addition, it supplies piped gas to 39,377 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 812 kilometers in the State of Parana. Companhia Paranaense de Energia - COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
BRF (T$7...)is one of the largest food makers in Brazil … and the world. It had more than $10 billion of sales last year to more than 150 countries.
This is a speculative trade … but one that could easily double from today’s levels over the next 18 to 24 months.
Changes in more than a dozen currencies affect BRF’s finances. But this is OK. It exported more than half its sales outside of Brazil last year. BRF owes money — and customers owe it money — in many currencies. This creates natural hedges.
In the case of the dollar, for example, BRF benefits when its home currency weakens. Its bond repayments increase, but that cost is more than offset by the value of its exports. ...from Banyan Hill.com
BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, mustard and ketchup, and sauces and mayonnaise; and soy meal and refined soy flour, as well as animal feed.
VALE produces and sells iron ore and iron ore pallets for use as raw materials in steelmaking in Brazil and internationally. It operates through Ferrous Minerals, Coal, and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and others ferrous products and services, as well as engages in the provision of related railroad, port, and terminal logistics services. The Coal segment is involved in the extraction of metallurgical and thermal coal; and provision of related logistic services. The Base Metals segment produces and extracts non-ferrous minerals, including nickel, as well as its by-products, such as ferro-nickel, cobalt, gold, silver, copper, precious metals, and others. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
VALE is one of my bellwether stocks...
Maybe I can retire off these 3 stocks...move to Brazil...
U.S. dollar strength has hurt many global stock indices. Last week, U.S. Federal Reserve Chairman Jerome Powell said he may raise the fed funds rate four times this year. The market was planning on three.
Banks increase their interest rates after the Fed raises its rates. And higher rates are good for the dollar. They make savings accounts more attractive to customers.
But a stronger dollar can be bad for other countries.
Brazil is taking a beating right now. Brazil’s currency, the real, has fallen to two-year lows against the dollar … and taken stocks with it. Its stock market is down 18% over the past month.
ELP Companhia Paranaense de Energia ...only if BRAZIL could be trusted...ELP is trading for less than 1/2 of Book Value...corrupt country and is having currency problems...may be a "BLOOD IN THE Streets" stock...so what would you want to see if you wanted to buy it...
ELP Companhia Paranaense de Energia COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Parana, Brazil. As of December 31, 2017, the company operated 17 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,024.0 megawatts; and owned and operated 2,698.3 kilometers of transmission lines and 196,951.2 kilometers of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Parana and in the municipality of Porto Uniao in the State of Santa Catarina. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks, as well as to retail clients; and broadband Internet access to public elementary and middle schools. In addition, it supplies piped gas to 39,377 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 812 kilometers in the State of Parana. Companhia Paranaense de Energia - COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
BRF (T$7...)is one of the largest food makers in Brazil … and the world. It had more than $10 billion of sales last year to more than 150 countries.
This is a speculative trade … but one that could easily double from today’s levels over the next 18 to 24 months.
Changes in more than a dozen currencies affect BRF’s finances. But this is OK. It exported more than half its sales outside of Brazil last year. BRF owes money — and customers owe it money — in many currencies. This creates natural hedges.
In the case of the dollar, for example, BRF benefits when its home currency weakens. Its bond repayments increase, but that cost is more than offset by the value of its exports. ...from Banyan Hill.com
BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, mustard and ketchup, and sauces and mayonnaise; and soy meal and refined soy flour, as well as animal feed.
VALE produces and sells iron ore and iron ore pallets for use as raw materials in steelmaking in Brazil and internationally. It operates through Ferrous Minerals, Coal, and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and others ferrous products and services, as well as engages in the provision of related railroad, port, and terminal logistics services. The Coal segment is involved in the extraction of metallurgical and thermal coal; and provision of related logistic services. The Base Metals segment produces and extracts non-ferrous minerals, including nickel, as well as its by-products, such as ferro-nickel, cobalt, gold, silver, copper, precious metals, and others. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
VALE is one of my bellwether stocks...
Maybe I can retire off these 3 stocks...move to Brazil...
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