Oi S.A. (OIBR)

[randall899]

If the price of this were to get to $1 do ya think they might not rs. I don't mind if they rs because I knew going in that this company was a long term winner I still really believe it is. They are about to sell 400 million in assets . Earlier this year they sold 1 billion in assets . They had 5.5 billion reals last time I checked in cash. There are going to be dividends here soon. I saw it in the corporate governance. The price right now is dilution related to the offering that closed in april. This is way underpriced for now . This is a very large and profitable company.I really belive in the long term prospects here. The telephone service provider of brazil Portugal and Italy. Plus pay tv. No one else seems to believe yet but when the dividends start they will. There are big banks playing with big money in this telecom consolidation enterprise. They have over $1 per share in cash and it isn't shrinking at this time . This price is erroneous. There is a very large os here right now. This is three countries strong. might be buying more.