Feb 24 2010
Spanish government announced a budget deficit of 9.49% of GDP for 2009.
The news have caused another panic attack among investors, leaving good opportunities in the Spanish stock market. Banks Santander and BBVA look as the most interesting investments.
Feb 10 2010
Hi,
7 days ago I recommended Santander as a potential bargain stock in the Spanish market. If you would have bought it at its lowest price on Friday 5th Feb and sold it today you would have made a 13,6% return on investment 
But if you are patient enough you may make some more
Any idea who bought at 9,03 :)
See you soon!
Feb 04 2010
International investors sold in the euro and European equities due to the sovereign-debt fear concerning the weaker European countries. Most of concerns are raised by the the PIGGS countries: Portugal, Italy, Ireland, Greece and Spain. Above all, Greece, Portugal and Spain.
I can understand the fear on the Spanish sovereign-debt regarding the reports delivered to Brussels and the doubts on the quickness of its economic recovery. But I’m a bit puzzled (and grateful at the same time, tomorrow morning it’s bargain time) that some companies showing a robust performance, even through all the economic downturn, have suffered important falls. One of this companies is Santander. Santander experienced today a 9,40% fall in its market valuation in the same day they declared that operating profit for 2009 was 0,7% higher than 2008, for UK only it grew 40% respecting 2008. Santander has become a global bank and 75% of its revenue comes from outside Spain, being Brazil, rest of South America and UK its biggest markets. With a healthy financial position Santander will grow the next years and has started to move in the Chinese market.
The Spanish stock market index (Ibex-35) following the sovereign-debt fear and the doubts on the economic Spanish recovery fell 5,94%. And let’s be honest, the situation is getting ugly for Spain and investing in Spanish Companies that operate majorly or exclusively in Spain would be a huge gamble.
But Companies like Santander and Telefonica with big amount of revenue coming from international markets are at the current price a good investment opportunity.
Tomorrow I’ll go shopping in the troubled Spanish Stock Market
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