TNE's price to book is somewhat lower than it's historical average. Even so 0.8 is decent, but there are more likely better bargains.
TNE's P/E is only slenderly lower than it's historical average. 10.8 P/E makes TNE look like a great purchase. And price to book is extremely attractive. Looks like a swell buy overall.
TNE's cash from operating is positive, which is swell. It also is growing, which is very great. Tne's net cash change is positive, which is outstanding. Yet it is not growing, which is not so keen.
TNE's price is considerably lower than it's 20 day moving average. The most reasonable of technical analysis theories would suggest there is about an 80% chance TNE's price will correct itself, meaning it will go up. If the fundamental analysis is also good for this one, then it's probably as good a time as any to go long.
Tele Norte Leste Participacoes 's Moose Rating: 84%
This pick was made June 27, 2011.
Please keep in mind it is very important to review fundamental variables such as market cap, long term earnings history, and long term dividend history from many financial resources.