Oi S.A. (OIBR)

[randall899]

I just peeked at the prospectus. If you bought into this and the price went down. I do not feel like you need be concerned. This is a very large company. The market value is laughable. Time will show us. This is a 10 bagger in quick time too. The Portugal merger is big. Very big. landline customers in excess of 50 million subscribers. Cell phones + cable tv. big. Dividends to come if they follow the past record. Years long. Buy what you like sell what you want. This is a government regulated telephone company that provides the landline service in two countries. Plus a large cell phone operation. Plus cable tv subscriptions. Audited financials. Years in business. They have paid a dividend of 1.12 / share before. Past performance does not guaranty future results but they have a impressive record in time if you ask me. Probably just a fool chasing a rainbow I see the end of this on the horizon. BIG Big big. That is my thought and it is supported by mathematical reasons. Read the balance sheets. Sustainable money generator here. Two countries large ,When the U S financials come out. Wall street gonna be buying for income generating portfolios. South American and European companies seem least risky to me than most other countries because for now the political state is stable. I own some of this and I doubt I am selling any time soon. Magnificent prospect growth and income wise. This is a good one