Luiz Rimes - Joo Fortes Chief Bus. Officer

JFEN3 Stock  BRL 1.65  0.01  0.60%   

Executive

Mr. Luiz Henrique de Oliveira Rimes has served as Member of the Executive Board and Chief Business Officer of Joao Fortes Engenharia SA since February 12, 2008. He initiated his career at Gafisa in 1980. In 1989, he managed the opening of a branch of Gafisa in Belo Horizonte. He went to Portugal on behalf of a company formed between Gafisa and Multiplan, which led to the construction of Cascais Shopping. Back in Brazil, he established himself in Sao Paulo, where he was Manager of Incorporation. In 1995, he began working in the area of consulting, including a venture in Orlando, the Emarald Point, Florida. From 2003 to 2005, he served as Director of Sales in Patrimovel Consultoria Imobiliaria. In 2006, he went back to Gafisa, this time to lead the office in Rio de Janeiro, Minas Gerais and Espirito Santo. He graduated in Business Administration from Universidade Candido Mendes in 1979. since 2008.
Age 55
Tenure 16 years
Phone55 21 3501 4900
Webhttp://www.joaofortes.com.br

Joo Fortes Management Efficiency

The company has return on total asset (ROA) of (6.66) % which means that it has lost $6.66 on every $100 spent on assets. This is way below average. Joo Fortes' management efficiency ratios could be used to measure how well Joo Fortes manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 585.25 M in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Joo Fortes Engenharia has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Joo Fortes until it has trouble settling it off, either with new capital or with free cash flow. So, Joo Fortes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Joo Fortes Engenharia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joo to invest in growth at high rates of return. When we think about Joo Fortes' use of debt, we should always consider it together with cash and equity.

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Joo Fortes Engenharia S.A. develops, constructs, and sells real estate properties in Brazil. Joo Fortes Engenharia S.A. was founded in 1950 and is headquartered in Rio de Janeiro, Brazil. JOAO FORTES operates under Real Estate Services classification in Brazil and is traded on Sao Paolo Stock Exchange. Joo Fortes Engenharia (JFEN3) is traded on Sao Paulo Exchange in Brazil and employs 10 people.

Management Performance

Joo Fortes Engenharia Leadership Team

Elected by the shareholders, the Joo Fortes' board of directors comprises two types of representatives: Joo Fortes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Joo. The board's role is to monitor Joo Fortes' management team and ensure that shareholders' interests are well served. Joo Fortes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Joo Fortes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Wagner Lofare, Chief National Operations Officer, Member of the Executive Board
Ricardo Pierozzi, Chief Executive Officer, Director of Investor Relations
Fernando Perrone, Independent Director
Roberto Correa, Chief Financial Officer, Member of the Executive Board
Luiz Rimes, Chief Bus. Officer
Julia Nobrega, Chief Legal Officer, Member of the Executive Board
Francisco Silva, Chief Investor Relations Officer, Managing Director and Director
Joao Amoedo, Independent Director
Luiz Santos, Independent Director
Antonio Carneiro, Chairman of the Board
Christian Schneider, Independent Director
Silvia Benvenuti, Independent Director
Jorge Lourenco, National Business Director, Member of the Executive Board

Joo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Joo Fortes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joo Fortes Engenharia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Joo Fortes Engenharia information on this page should be used as a complementary analysis to other Joo Fortes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Joo Fortes' price analysis, check to measure Joo Fortes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Joo Fortes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Joo Fortes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joo Fortes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.