Investing in YPF

[D.B. Cooper]

There are, however, two huge clouds hanging over YPF. One is about environmental damage in the USA, and the penalties could be several billion dollars, in which case YPF may go bankrupt.

I’ve never heard of any environmental damages cause by YPF in the USA…where did this happen…?

 

[sts7049]

me either, but i found this. looks like it's a case about who is responsible for sins of the past in a company YPF purchased

Caso Maxus: un tribunal de EEUU falló a favor de YPF en una demanda por USD 14.000 millones

Se trata de un reclamo por supuesta contaminación en una corte de Delaware. Además, mañana es la fecha en la que finalizará formalmente otro caso emblemático, el de la expropiación de la petrolera, aunque no está claro cuando la jueza Loretta Preska dará conocer su fallo

www.infobae.com

 

[rickulivi]

me either, but i found this. looks like it's a case about who is responsible for sins of the past in a company YPF purchased

Caso Maxus: un tribunal de EEUU falló a favor de YPF en una demanda por USD 14.000 millones

Se trata de un reclamo por supuesta contaminación en una corte de Delaware. Además, mañana es la fecha en la que finalizará formalmente otro caso emblemático, el de la expropiación de la petrolera, aunque no está claro cuando la jueza Loretta Preska dará conocer su fallo

www.infobae.com

STS7049: you are a good researcher!

 

[D.B. Cooper]

I found this news item in English regarding the lawsuit. Sounds like a huge mess, a big headache.

 

[Reply Guy]

Precisely part of the reason that the stock has been so cheap. It's gone up 170% the past 6 months and is still at a P/E of 2.67. Of course there is significant risk that comes with it.

Latam stocks have been hated for the past 5 years, with some notable exceptions like Meli.

I'm buying now and selling when CNBC runs stories in a few years like "Jim Cramer's Favorite South American Stocks"

 

[Ronnie Hotdogs]

Would have been a good bet

 

[Reply Guy]

You guys shouldn't have mid-curved YPF! Lmao

 

[jlynch]

Un abogado allegado a “Pepín” cobró casi un millón de dólares por hacer un solo informe para YPF

Entre los documentos que recibió la Justicia aparece una orden de pago de honorarios por u$s970 mil por su intervención en un litigio internacional que se limitó a una presentación escrita. Sospechas por el verdadero destino de esos millonarios fondos. Alarma interna en la petrolera por el...

www.ambito.com

Questions been asked of the nearly 1 million USD paid for a report in the maxis pollution case

 

[Reply Guy]

Still running higher

BA Expats is like Jim Cramer, whatever the consensus is, do the opposite.

 

[jlynch]

GuruFocus today gives YPF an intrinsic value of $7.49 and classes it as significantly overvalued. YPF is currently trading at $12.15 per share, with a market cap of $4.80 billion.

YPF SA (YPF): A Closer Look at its Overvaluation

Understanding the intrinsic value and market position of YPF SA (YPF)

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