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Avatar de Siyu LI

really enjoy reading your analysis. thanks for sharing!

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Avatar de Mexican Investor

I'm glad you enjoyed it! What's been your favorite analysis so far?

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Avatar de Freddy Johnson

Hola! This is great analysis. These sound like the types of companies I like to invest in (high barriers to entry, excellent returns & very nice dividend yields), plus the tailwind to growth from Mexico being the second most visited country in the world.

Not that this has much relevance but, my wife is from Mexico, she grew up in Mexico City and we visit a couple times a year.

I am based in the US but, can trade on international exchanges through Fidelity.

Can you tell me what the local tickers are? I looked them up on Yahoo Finance and came up with GAPB.MX, OMAB.MX, ASURB.MX. Do those look right?

Also, while I have you here I was wondering your brief thoughts on a Mexican stock I own: Bolsa Mexicana de Valores, S.A.B. de C.V. (BOLSAA.MX). Perhaps you might do a write up on it in the future? I really like financial exchanges and also own $ICE and $CME in the U.S.

Keep up the great work!

Gracias,

Dan

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Avatar de Mexican Investor

Thanks Dan. It is not easy to compete against Mexican airports, because not only need to build the entire airport, but also need the permission to do so.

And yeah, GAPB.MX and ASURB.MX are correct. OMAB.MX is correct too, but there's also OMAB, that trades in the Nasdaq (in case you prefer that).

Thanks for the recomendation. Stock exchanges are often a good investment, but I gotta say that the BMV is really weak. There are few mexican stocks and most of them are not atractive businesses, that's why most mexicans buy international stocks through the SIC (Sistema Internacional de Cotizaciones) and not through BMV. If the SIC is inside BOLSAA's sales, then I would be interested, if not, I'd rather pass.

Te mando un saludo!

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Avatar de Rodrigo

Que tal Gustavo!, a mi me gusta ASUR, pero estoy de acuerdo, cualquiera de los tres es bueno, la cosa es que se caigan al menos 30 % para comenzar a entrar.. ya un 50 % sería buenísimo como en el 2020

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Avatar de Mexican Investor

Hola Rodrigo! Sí están algo caras, aunque podría llegar a justificarse por sus ventajas competitivas. Igualmente, entre mayor margen de seguridad mejor

En mi caso creo que si me dieran a escoger solamente una me iría por OMA, aunque es una decisión muuy difícil

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