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Several months ago I warned about GRAM:NSYE. A company shadowed by political bribe scandal, and a market punishing it hard. The finances point a value at 7$ minimum. Regardless its sunk due warnings about penalties. They haven't even go to trial and Peruvian president went on news saying if they weren't on trial nor found guilty the business with them will continue.
The time to buy has come. Major share-holders, want dividends so their non-strategic assets like small companies and properties that aren't on on going projects are being sold to 0.8x the market price.
Dividends are expected to be 0.9 per share from this second quarter to this year last quarter.
Internal friend working as lawyer is saying they are going to increase their cash flow from the 200m USD they have now to 400m USD, operations costs are around 50m a year, so that leaves +150m taxable profit.
TL;DR Institutional buyers are jumping in, because this will moon soon from 3.6 to 8 before November.
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>>2360109
If its increases 50% before July cash out and don't be greedy.
>Nice % return, cool time frame.
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>>2360109
Bumping with some feet.
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