Oi S.A. (OIBR)

[randall899]

At this price it is unbelievable They have more cash than the market cap right now about .25 per share more just in cash. They have a large number of home phone subscribers and they are getting cable tv online. This is a billion dollar company selling at about 75% of cash on hand value. Dividends in the future too. The market is insanely wrong here. This is a stock listed on the New York stock exchange and they are a telecommunications service provider for both home and cell phones. A large number of subscribers . These guys own satellites and cell towers. This price is insane. They operate extremely profitably too and they are buying Portugals phone service company too. Numbers might not matter now but in time its gonna catch up and it might be 12.00- 14.00 by this time next year. Even with a reverse split pending this is a steal. A dividend isn't far away either.