Construtora enters Terra’s small cap portfolio in December; Lula government favors action

(Image: MRV/Linkedin)

in update of recommended wallet in small capsa Terra Investimentos deleted the actions in Metalúrgica Gerdau 🇧🇷GOAU4) and brought the papers from the MRV 🇧🇷MRVE3) at the place.

The broker assesses that the construction company’s short term will still be difficult. According to Earth, this explains the interesting levels of historical multiples.

In the long term, the broker highlights that the recommendation of “purchase” for MRV it is maintained, accompanying Resia (a US subsidiary), “which requires large capital to grow, explaining the cash burn in the third quarter, but its operations are in good shape and should improve performance throughout 2023”.

Terra analysts point out that, with the entry of Lula government and program restart My home, my lifethe company may be favored, awaiting further details on costs and margin control.

“MRV expects its low-income operations to show positive cash flow sometime in 2023.”

In November, the selection was on the negative side, with a devaluation of 5.60%, while the reference index SMLL also did poorly, showing a drop of 11.23%.

Check the selection:

Source: Moneytimes

Share this article:

Leave a Reply

most popular