Cemex

This report reflects the research and analysis I've performed on this company. It is provided for informational purposes only and does not constitute personalized financial advice nor an endorsement or solicitation to purchase stock in this or any other company. Please do your own due diligence or hire a financial advisor before making any investment decisions.

2007, Oct 07: A trio of international stocks.

CX:US ADR

Cemex CX:US ADR Investment Report

05/04/2007 Current Price: @ US $34.80; Market Cap: $26B; Dividend: 0.75 (2.00%)

Cemex is one of the leading cement, concrete and aggregate producers in the world. Based out of Mexico, they have built strong market positions in the US, Europe and their home country as well as smaller operations in the Middle East, South America and Asia. As of this report, their US$14 billion acquisition of Australia’s Rinker Group had been approved by both boards and seems imminent. This acquisition will consolidate their position in the US market as over 80% of Rinker’s profit comes from the US.

Intrinsic Value: $43-$48 per share
Accumulation Range: $30 or better

DISCLOSURE: Please see our portfolio page for all disclosures.

The Enlightened American

Cemex