I have been trying to buy these shares for weeks, but whichever broker I use they say they can't purchase them for me as they have either no Market Maker or are 'residual stocks'.
Has anyone bought these recently and can they help point me in the direction as to where I can buy some?
Happy New Year!

It should also be bourne in mind that as well as having a great asset base, there is a healthy and growing dividend. It has being rising far in excess of the market over the last three years and as the chartists would say "the trend is your friend".

Also the dividend is paid gross as the company is based in Bermuda.

This share has just given a buy signal with Bollingers Bands at 270, the 1st in about 18 months! Buy now at this ridulous low price.

The company is undertaking a "strategic review". This means that Dubai Ports International (a private compny owned by the Mahktoun family of racehorse fame) is interested in buying the container ports Tecon Rio Grande and Tecon Salvador (See http://www.dpa.co.ae/ataglance/dpintl.htm). The price based on $200 per TEU (a measure of container capacity: 1 TEU = a 20ft container, 2 TEUs = the long containers normally seen on the back of trailers) would be about $300m (167m) (See http://www.thisismoney.co.uk/investing-and-markets/tips-and-tactics/article.html?in_article_id=400202&in_page_id=23). There then remain the assets outside Brazil managed by William Salomom (the Salomon family controls just over 50% of the shares) which are worth about about 32m, and the rest of the shipping business which made a pre-tax profit of $35m (=19m)last year, and if floated on the Sao Paulo stock exschange, where it would provide the only opportunity to invest directly in its sector and be readily snapped up by funds keen to get in on the trade boom in Brazil, would be capitalised at 190m on a P/E of 10. In total a value of 390m against a capitalisation of only 106m at a share price of 300p.

The shares are residual which means on-line brokers wont touch them because the clearance takes a little longer, but it should be worth the trouble of finding a broker who will.

embora37

good post. could you tell me where you got the information that Dubai Ports International are looking at the purchase of Tecon Rio Grande and Tecon Salvador