Two things I like about CEMEX. On Yahoo "Key Statistics" they show CEMEX revenue per share (ttm) at 12.76, and book value per share (mrq) at 13.70. Sure, I can find numbers I am not pleased with, but with a book value at more than 3X today's current SP of 4.48, I don't feel like I am blowing in the wind as I do with so many penny stocks which may look like little more than empty shells.
CEMEX should have a brighter future after thoughtful reorganization of critical components to lower their huge debt burden. Global economic challenges should eventually get worked out since solutions are mathematical in nature though they demand a change in lifestyle, and the need to take-on some pain now. Continued delay will just create more suffering IMO.
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