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News: $PT PINTEC Announces Independent Director Resignation
BEIJING, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Limited (Nasdaq: PT) (“PINTEC” or the “Company”), a leading independent technology platform enabling financial services in China, today announced that Mr. Feng Hong has tendered his resignation...
Read the whole news PINTEC Announces Independent Director Resignation
News: $PT ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, July 09, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pintec Technology Holdings Limited (“Pintec” or “the Company”) (NASDAQ: PT...
Find out more ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Pintec Technology Holdings Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
News: $PT Growth Public Company Investor Presentations Now Available for On-Demand Viewing
NEW YORK , June 24, 2019 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the June 20 th conference are now available for on-demand viewing at VirtualInvestorConferences.com. RE...
Read the whole news https://marketwirenews.com/news-releases/growth-public-company-investor-presentations-now-available-for-on-demand-viewing-8404830.html
News: $PT Glancy Prongay & Murray LLP Announces Investigation on Behalf of Pintec Technology Holdings Limited Investors (PT)
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Pintec Technology Holdings Limited (“Pintec” or the “Company”) (NASDAQ: PT ) investors concerning the Company and its officers’ possible violations of federal secu...
Read the whole news https://marketwirenews.com/news-releases/glancy-prongay-murray-llp-announces-investigation-on-behalf-of-pintec-technology-holdings-limited-investors-pt--8397004.html
News: $PT INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Pintec Technology Holdings Limited Investors (PT)
Law Offices of Howard G. Smith announces an investigation on behalf of Pintec Technology Holdings Limited (“Pintec” or the “Company”) (NASDAQ: PT ) investors concerning the Company and its officers’ possible violations of federal securities laws. In Oct...
In case you are interested https://marketwirenews.com/news-releases/investor-alert-law-offices-of-howard-g-smith-announces-investigation-on-behalf-of-pintec-technology-holdings-limited-investors-pt--8396358.html
News: $PT PINTEC Opens International Headquarters in Singapore to Facilitate Global Business Development
SINGAPORE , May 8, 2019 /PRNewswire/ -- Pintec Technology Holdings Ltd. ("PINTEC"; NASDAQ: PT), a leading fintech solutions provider, today unveiled its new international headquarters in Singapore , while also launching "SquirrelSave", a new digital wealth management service developed by...
In case you are interested https://marketwirenews.com/news-releases/pintec-opens-international-headquarters-in-singapore-to-facilitate-global-business-development-8139006.html
News: $PT PINTEC Announces Fourth Quarter and Full Year 2018 Unaudited Financial Results
BEIJING, March 20, 2019 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Limited (NASDAQ: PT) (“PINTEC” or the “Company”), a leading independent technology platform enabling financial services in China, today announced its unaudited financial results for the fourth...
In case you are interested https://marketwirenews.com/news-releases/pintec-announces-fourth-quarter-and-full-year-2018-unaudited-financial-results-7857844.html
Yes! I hope to see this pps. Regards. IMO
Do you still think this?
Shortsquezee soon. 4 or 5$ my target. Regards
Morgan Stanley news explains why the pps has dropped somewhat unexpectedly since the Altice sale... On our way back up!
Should be an interesting trading day tomorrow. I think for a multi-billion dollar business, this stock is way undervalued. Looking for tomorrow to be a positive step in the right direction to correct it's value.
Where as I am not surprised that last shareholder meeting was delayed, the price has relatively held as we await the results of the meeting. The new reports and information appear to contain more substance and I view the meeting as having a lot more positive momentum than it did a week and a half ago.
Of course stocks are always a gamble, but I'm extremely interested to see how the results of the meeting affect the share price. I feel like from my understanding, the sale is pretty much a done deal, but can't be approved until agreed upon by the shareholders (who I am imagining would want the sale)
Trading at 86c in the premarket. News of Oi share trade to Altice T-minus one week.
Looking at seeing this work it's way up between $2-$3 after the multi-billion dollar sale is complete
What target price are you looking at?
http://www.4-traders.com/PORTUGAL-TELECOM-5831/consensus/
Looks as though the average target price is $2.714 (2.30 E).
I'm buying that Kool-Aid. These prices are crazy low for how much money this company has in assets. Gotta correct itself sometime or another!
I think this stock is WAY oversold for a multiple billion dollar company. Once all the dust settles, these levels could be the steal of 2015
Very interesting! Thank you very much Jonas3. I think today is the worse day in PT history! Best Regards
The sale needs to go through a shareholder meeting first before anything happens. Quote from report today-
F) The General Meeting of shareholders is duly called for the next 12th January 2015, at 3 p.m., in the head office of the COMPANY, with the exclusive purpose of considering and approving the sale of the share capital of PT Portugal, SGPS, S.A. (“PT PORTUGAL”) to Altice, on the terms proposed by Oi;
Keep in mind, this is 3 PM in Portugal. Should hear something Monday morning at the earliest
Interesting trading day today?
This board gets no love for being in the middle of a billion dollar sale.
<---- This guy is enjoying a big green day!
Did you see the news today. Offer buy altice to buy PT official
Lookout below:
SAO PAULO-The merger between Brazilian telecom giant Oi SA and Portugal Telecom (PT) will go ahead, despite a court rejection of a creditor-protection request from the main holding companies of the Espirito Santo empire.
At the start of October, then Oi's chief executive Zeinal Bava resigned from his post after major Oi shareholders began to have doubts about Mr. Bava's leadership in the wake of news that the Portuguese firm he used to run lent EUR897 million ($1.22 billion) to a firm called Rio Forte, which was a unit of Espírito Santo International, part of the troubled Portuguese financial group of the same name.
Last week, a court in Luxembourg has denied a creditor-protection request by Espirito Santo International SA (001190440.LU) and Rioforte Investments SA, which filed the request in July after they were unable to meet debt obligations. The rejection paved the way for a liquidation of all its assets.
"A possible liquidation of the assets of Rio Forte Investments S.A., as a result of the rejection of the request for controlled management for Rio Forte, shall have no impact on the development of the business combination and the merging of the shareholder bases of Oi, Portugal Telecom SGPS S.A. and TmarPart," said Oi, highlighting that the merger of shares is likely to take place until the end of the first quarter of 2015.
Oi's statement came after a drastic decline of company's shares. On Monday, Oi's shares dropped 7.63% in Sao Paulo, while the main stock market index, the Ibovespa, fell 2.55%.
I'm looking and hoping to see this stock turn around and start performing. The merger is getting closer and the news seems to be more positive. Once we get this bad banking deal behind us on the books things should look even better. I've got a small stake in at $2.45. Time will tell!!
I'm sure everyone else saw this jump today !!! Only going to get better guys :)
The telecom sector will be DOMINATED by giants. Any weak pieces will fall to the wayside. The companies that merge into superpower status today will rule the market into the future. This is a tremendous buying opportunity.
Merging with OI, up-up and away!
If you're buying into PT now, you have to remember that they should finish off a merger with OI (BR) in 2014.
http://www.bloomberg.com/news/2013-10-02/portugal-telecom-to-combine-with-oi-into-carrier-led-by-bava.html
Key component to remember if you're considering a purchase:
As part of the terms of the Oi transaction, each Portugal Telecom share will be exchanged into 0.633 share of the enlarged company, plus the equivalent of 2.29 euros in the new entity’s shares at the price of the planned capital increase. Oi investors will get 1 share in the new company for each Oi voting share or 0.92 share of the new company for each non-voting Oi share.
(Where I get confused is how exactly to calculate what the 2.29 euros come out to?)
This puts PT/BR in a better competitive playing field against Telefonica, which means the prospects could be very, very good:
?? Company name?? Price?? Change?? Chg %?? Mkt Cap??
PT Portugal Telecom, ... 4.30 +0.05 1.18% 3.68B
TEF Telefonica S.A. (... 16.47 +0.12 0.73% 74.17B
OIBR Oi SA (ADR) 1.51 -0.02 -1.31% 2.48B
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