OI Brazil: Countdown To RestructuringDeadlines
May 2nd - the judge will issue her written opinion in the Capricorn (Aurelius) vs. Oi case in Amsterdam (Holland) - Source: Reorg Research
May 8th - PTIF 2020 interest payment
May 12th - Q1 2016 results - Source: Oi
May 19th - Anatel meeting
May 23rd - LetterOne exclusivity expires (for what it may now be worth, as Russian billionaire Mikhail Fridman's investment firm dropped its offer to finance the merger with TIM Brazil on February 25th)
May 25th - Anatel meeting
June 2nd - €3.9 billion load due to Portugal Telecom (NYSE:PT), according to Capricorn - later for more on this issue
June 9th - Anatel meeting
June 16th - PTIF 2025 interest payment
June 20th - Maturity date of the 10 years Itraxx European Investment Grade Credit Index Series 5
June 22nd - Oi Brasil 2021 interest payment
June 23rd - Anatel meeting
July 26th - Bond maturity - outstanding: €231 million
July 27th - First appearance in court in Holland (Capricorn vs. Oi) - Source: Oi's PTIF filing - pg. 19
Optimism?Petrobras in a new management. The new president says that he intends to rescue the company of an "organized gang", and will attempts partnership with shareholders to raise the economy of the company. In the other hand some scholars do not agree with the Parente's (new Director) proposals and intend to struggle against the reform in the company.
In my view, I am optimistic about the change in the company and the way of the Lava Jato (anti-corruption investigation) is taking.
From now the trend is improving, though bad times are still to come! Be aware.
BMFBOVESPA:PETR4 BMFBOVESPA:IND1!
Kind Regards.
Huge flag on ITUB4Simple idea. There is this big flag, and price is reaching the base of this sideways channel. Two entries are showed on the chart, in case of being stopped on entry 1. Im bullish on bovespa, so i think this is a great opportunity and ITUB4 is one my favourite stocks to watch and trade.
Thanks
Faz sentido?bom ao meu ver até a publicação dos resultados no dia 11. de maio veremos queda, porém acredito que após a divulgação, mesmo com as perdas com as apostas no dólar, haverá uma valorização expressiva. alguém concorda? Acho que a desvalorização dos papéis quanto às perdas com investimentos em dólar já foram sentidas, como mostra a trajetória de queda do gráfico desde as primeiras notícias sobre o fato.
BEARISH BBAS3BBAS3 (Banco do Brasil) releases earnings this Thursday. As happened with other Brazilian banks they must trigger sells (ex: ITUB4, BBDC4). Being a state owned bank must intensify plunge.
I should start to buy a put spread (between 18.50 and 17.50) today to take advantage of this movement.