No one is mad to end my house my life, says an MRV official – Economics



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Rafael Menin, co-chairman of MRV Engenharia closed the presentation on the results of the company, addressing a message "in a box" to the current public, formed mainly of investors and badysts. According to the officer, the price of the company's shares is lower than the fair value.

"We are extremely uncomfortable with our action at $ 12 and the smallest in the industry," said Menin. In its badessment, My House My Life's Market Modification Risks – the developer's performance priority – and the availability of FGTS resources, the primary source of funding, resulted in an excess of Market anxiety. for building and buying popular housing. "The market sees us as if everything went wrong, there is not a cent of the stock that reflects the continuity of the market as it is today," he said.

Menin argued that "no one is crazy" to end My House My Life, a program considered "successful", which will reach ten years, will have a national reach, generate jobs, taxes and mainly real estate at an affordable price. for the population. Menin said that all adjustments to the housing program tended to be one-off, but not a sudden change in the course of business.

He adds that MRV is also diversifying its portfolio of projects, with the resumption of projects financed with savings account resources, which will account for 25% of medium-term launches. "MRV is the most diversified company, and if there is a change in MCMV, the only company that can sustain growth is us," he said.

The executive also stated that the developer had reached a level of launches and sales accompanied by an efficient work, which allowed it to be present in 22 states and 157 cities, thus offering real estate at prices lower than those of other companies. . "We achieved results 12 years ago (since the IPO) and created a very big barrier to entry," he said.

CFO Leonardo Correa also pointed out that the split of Log Commercial Properties will help unlock the value of the shares of MRV, which would not represent the return of the activities of the subsidiary. , b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {n.callMethod? n.callMethod.apply (n, arguments): n.queue.push (arguments)}; if (! f._fbq) f._fbq = n; n.queue = n.loaded = 0, n.version = 2.0 & # 39 ;; n.queue = []; t = b.createElement (e); t.async =! 0; t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, s)} (window, document, script, // connect.facebook.net/en_US/fbevents. fbq (& # 39; init & # 39; ;, & # 39; 1659995760901982 & # 39;); fbq (& quot; Track & # 39; PageView & # 39;); [ad_2]
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