The Brink’s Co SetupBCO provides secure transportation, cash management, and other security related services in North America, Latin America, Europe, and internationally. The EPS growth (TTM vs Prior TTM) is 500% and there has been significant buying by CFO, James Domanico for a total of 130,327 share for a total market value of $5MM as recent as 7/12/22.
We are around 2% above the 52 week low with high volume. Our support is around the $53.70, which I marked based on the significant volume spike on the 11th of may 2022. Based on this I would say we have a good risk to reward ratio of 2.0+ for a long position.
According to 2 analysts from Thomson Reuters/Verus, the 12 month price target for BCO is the following:
Mean- $92.50 or roughly 69% gain
High- $96.00
Low- $89.00
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Thedailyinvestor
Penny Stock Pavilion - Part 1 - IRSA PROPIEDADES COMERCIALES In this 11 part series, I will be covering one penny stock from each sector that I feel has potential to grow in the next few years. The first company I will cover is IRSA PROPIEDADES COMERCIALES or IRCP. This stock would fall under the real estate sector.
IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A. Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires. The company offers leases to retail tenants in its ten shopping centers; administration and maintenance of common areas; administration of contributions made by tenants to finance promotional efforts for the shopping centers; and parking lot services for visitors. The company also offers credit card consumer finance service, through the issuance of its Tarjeta Shopping and Tarjeta Shopping Metroshop credit cards, for consumers at shopping centers, hypermarkets, and street stores. It also engages in the development and sale of residential properties, and acquisition and sale of undeveloped parcels of land for future development. In addition, it engages in the development of condominiums associated with its shopping centers. The company was founded in 1889 and is headquartered in Buenos Aires, Argentina.
With this diversified product base of residential/commercial, credit financing, and land development and a long lasting legacy dating back to 1889, this legacy is a true winner in my book. With inflation roaring at around 47.9%* in Argentina, the real estate debt owed by IRCP is quickly being eroded away. As with the raised interest rates to combat the inflation, IRCP will benefit from the increased revenue from their credit financing division. And furthermore, land/real estate has traditionally been considered as one of the best hedges against inflation. Another great benefit is their annual dividend yield, which most recently was around 34.7%.
As for institutional investment, 683 Capital Management LLC is the top holder of IRCP with a position of > 2.6M shares valued around > $6.5M as of 12/31/2021. Institutions currently hold about 3.63% of the company. It appears that there has been some recent selling by institutional investors with a -14% change in ownership in the previous quarter.
In the past 52 weeks, IRCP has grown roughly 18.84% compared to the industry average of -10.47%. You can see their current financial statement below:
(In Millions)
-Balance Sheet -
Total Assets: 1,891
Total Liabilities: 1,046
Debt to Assets: 55.3%
-Income Statement-
Net Sales: 39
Gross Profit: 26
Profit Margin: 64.93%
-Cash Flow-
Operating: 13
Net cash flow: 1
So as you can see, IRCP is profitable in all instances with a very good debt to asset ratio of only 55.3%. Couple that with a MASSIVE ascending channel on the month chart and you have a stock that's poised to significantly grow over the next few years. This is definitely going to catch the eye of many institutional investors as we continue to see this stock run. If you would like to learn more about this company then be sure to check out their website: www.irsa.com.ar
If you enjoyed this content then please make sure to leave a like, comment, and share on social media! It takes time to make these things you know.
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Sources:
www.focus-economics.com
My Ethereum PredictionMy prediction is that ethereum (ethusd) will fall to test the lows of the $1700 area followed by bullish price action to test the $3300 level. Fear will then take over followed by a final sell off to retest the $2200 area with the bulls regaining traction, pushing the price level to $3400. This would lead us to a new bull cycle, which we would retest the all time high.
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The Golden Cup.... And Handle Since gold's high of $1,924 back on the 29th of August, 2011, gold has been forming a long-term cup and handle formation. With gold reaching $1,900 recently, and a myriad of other macro economic factors such as rampant inflation, global civil unrest, supply chain shortages, and geopolitical tensions, to name a few, we could easily see gold hit the psychological price target of $2,000 an ounce by the end of this year or even sooner. This would be followed by a bull rally super cycle in gold where we will be in a price exploratory phase where the heights are endless.
Now is the time to head down to your local jeweler and pick up some physical gold coins. These coins will act as your hedge against an economic break-down. You will at least have access to some form of currency in the event of a bank run or other situation in which individuals cannot access cash in their bank or their crypto for that matter. Think this isn't possible? Well, think again and refer back to the great depression where there was a bank run and people weren't able to withdraw cash. Gold acts as an insurance policy and is a good alternative to storing your wealth all in cash. It is recommended to have at least a 5% allocation to physical metals such as gold or silver. Now may be the time to consider adding physical gold to your portfolio. Plus, who doesn't enjoy playing with a little gold? It makes a special ringing sound when you flick it into the air that you have to experience yourself.
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Potential 24% Plus Gain on Hive Blockchain TechnologiesCompany Profile
Sector
Information Technology
Industry
Software
Company Location
Vancouver, BC
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.
First Target: $3.75
Second Target: $4.50
Third Target: $5.75
Stop Loss: 4% or $2.77 +/-
Potential Gain: 24%+
These are my opinions and not advice. Always do your own due diligence and manage risk as you see appropriate.
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