007. In troubled waters fish are caught

In troubled waters fish are caught

In a river with turbulent waters good fisher can make a huge catching. Finding the river is an overall work, thus seeking the best place to fish is a deeper one. Maybe it is even a diving in matter.

Talking about investments, a macroeconomic review will lead us to find the troubled waters:
As newspapers published recently, there are good opportunities to invest right now in Spain. "The country's economy is out of recession, and there are already data to prove that" spanish prime minister said earlier this week in Whashington and IMF president Christine Lagarde confirmed. Obama's words on spanish actual situation also boost investor's confidence in this Country.

However those news may not reflect the investors willing. That's why I went deeper into it and I dived into the river:
As technology investment blogger I went to the Spain Investors Day 2014. An investors focused event organized inside Madrid Bourse. My intention was to gather real opinions from real investors.

Just after the arrival I had a short conversation with Juan Carlos Villanueva, responsible of BME comunication, his thoughts on the investment opportunities in Spain are clear "If the government points a 0.6% growth rate this year, they surely have better forecasting data to publish". His colleague referred to the success of this event "the amount of investors have almost doubled the previous year's, that means Investors see something here".

Later on, upstairs the appetizer atracted both investors, CFOs and press. Conversation there worked as a constantly selfpromotion from interviewed companies either a what you have that I can buy from investors. Among all chatting I conversed with Computershare's Managing Director Pedro Saa, who told me about "This is an australian story of success, the company was founded in 1978 and nowadays is global". This company is now stablished in Spain, their stock priced around 10$ and its growing trend make it an interesting option.
Doing some smalltalk with the participants I found out the companies which brighted the most,  as BBVA, Santander, DIA and Prosegur.

Back downstairs I was welcomed to a german investor group's table for the dinner. They came here from Frankfurt and were specialized in Oil, Gas and Construction companies. Their minimun investment was 10M Euros...their thoughts about spanish markets? As it follow:
- They see spanish economic model heading to the chinese one.
- They argumented Repsol was weakening against other european Oil companies.
- They felt lack of confidence about tourism sector growth in Spain, a special reference to TUI.

Hence through this post here are some picks that may rock up their value on this year. We will follow up their records so stay tuned.

As the dinner and the wine keep going, the conversation went abroad spanish boundaries. We had a conversation about football, talking about winning probabilities of Spain / Germany / Brazil in the oncoming World Cup. And really interesant words were said about Chinese market, but we will go deeper into that in the next post: 008. The Year of the Horse...

I hope this post will add value to your investment plans. If you find it wrong please comment! And if you liked it do share!

Hugo P. Lisbona
www.hugoplisbona.com