Seeking Alpha
  • ModerateMan
    $PT to merge next year, pick up the shares now. After June/July this won't be back under $5 ever again.
    12/23/13
    Reply (12)
    • MWB1: .....and whats the diff btw NYSE:OIBR and OIBRC shares.....
      12/31/13
    • MWB1: Could you plz explain me how this merge work with.into 0.633 share of the enlarged company, plus the equivalent of 2.29 euros in the new com
      12/31/13
    • ModerateMan: I'm not entirely sure as far as OIBR and OIBRC, maybe it's a different class of share. As for Q2: 0.633 for every 1 share PLUS 2.29 euros->
      12/31/13
    • ModerateMan: 2.29 euros worth of the new company's shares. So for instance, if shares price at 2, you'd get a share and some fractions or money
      12/31/13
    • ModerateMan: Honestly, it's complicated and it'll take time to see a full picture. It's possible I'm even being overambitious with never under 5, since
      12/31/13
    • ModerateMan: it's possible the merged unit could distribute shares somewhere between what PT / OI are. Mergers are tricky, but this ones a++ for long
      12/31/13
    • MWB1: ....vice versa..........BR currency getting hammered and EU is getting higher as compare to $,
      12/31/13
    • MWB1: Thanks for reply, i am actually thinking to buy and just wanted to know if there is any benefit of buy Oi share as compare to PT now or
      12/31/13
    • MWB1: ...same price..
      12/31/13
    • MWB1: For OIBR and OIBRC.....that what i got, first each rep 3 Preference shares and second 1 for 1, don't get it, how then they can have almost..
      12/31/13
    • ModerateMan: I've had the same concern, trust me. I'm choosing to just put my money on PT as the price is more stable (not as volatile as OIBR/BR market
      1/1/14
    • ModerateMan: I'll revise this, not sure what occurs with the merger here, but still think the company will excel in the longer term outlook.
      5/1/14
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