Surely the majority of you never listen about YPF, but is the biggest oil company in Argentina
Usually, I never post about argentinian stocks (which I think have a lot of potential), but risk/reward ratio for $YPF at this point is very worth.
Today, Pablo Gonzalez (YPF CEO's) told on an interview for a local newspapper that next ER will show the third consecutive Quarter with more than USD 1B on EBITDA
FYI, YPF market cap is just USD1,64B... So, at this point YPF is trading below x1 EBITDA/MARKET CAP
YPF is also trading at the RIDICULOUS P/BV ratio of 0,2... Only his tower in one of the most valuable neighborhoods of Buenos Aires (Puerto Madero) is worth 25% of his market cap
But for me the real catalyst for YPF is that once elections finish (14th November), Government will authorize an increase on gas prices (which are very low as a populist measure). They are holding it to retain as votes as possible.
Argentina is already dealing with IMF for a debt restructuring. I'm very confident that they will reach an agreement, but I don't know if it will happen in the short term
Btw, from a technical point of view, is looking very good too
If Oil doesnt crash, YPF can easily go to 7,25. With a SL at 4, you are risking 4% for a potential gain of 74%
I'm also adding a comparison vs Brent