Dede, in your initial review of transport infrastructure companies, I did not see Promotora y Operadora de Infraestructura (PINFRA.MX) listed. At the time I figured it was not interesting to you. But it has performed quite well (the underlying business and the stock) and is still not expensive. So I am curious why it was excluded. Not that any of us will catch everything, just wondering if there was anything I missed or am missing now.
Hi Steve, this was certainly an error of omission. I was focused on the Grupo Mexico's railroad and the 3 airports, forgot to look into the rest of the Mexican infra assets. I don't think you've missed anything, I have however.
Why are you still optimistic on Aena and Athens international Airport. What do you foresee is likely to change in the global market dynamics to lead to a higher market return than in the last year. What upticks in their ecospace exist to warrant continued optimism!
I’m not as optimistic as before for Athens Int but for Aena, Spain still has potential for growth as a tourism destination and the valuation still looks good. I don’t own it directly due to better options but remains on core watchlist.
Dede, in your initial review of transport infrastructure companies, I did not see Promotora y Operadora de Infraestructura (PINFRA.MX) listed. At the time I figured it was not interesting to you. But it has performed quite well (the underlying business and the stock) and is still not expensive. So I am curious why it was excluded. Not that any of us will catch everything, just wondering if there was anything I missed or am missing now.
Hi Steve, this was certainly an error of omission. I was focused on the Grupo Mexico's railroad and the 3 airports, forgot to look into the rest of the Mexican infra assets. I don't think you've missed anything, I have however.
Why are you still optimistic on Aena and Athens international Airport. What do you foresee is likely to change in the global market dynamics to lead to a higher market return than in the last year. What upticks in their ecospace exist to warrant continued optimism!
I’m not as optimistic as before for Athens Int but for Aena, Spain still has potential for growth as a tourism destination and the valuation still looks good. I don’t own it directly due to better options but remains on core watchlist.