Opinions
Darren Sissons
Oi S.A.
OIBR-N
WATCH
Oct 24, 2013
$1.860
Stock price when the opinion was issued
Utilities
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They have agreed to join with Portuguese Telecom but, the challenge is, you’ve got 2 weak economies uniting a telecom with a certain amount of debt. The Brazilian market is definitely rolling over. You’ve got inflation, commodity markets etc. that are going lower. Portuguese economy is not doing the greatest. This may be one that you watch to see what happens and if you get some stability you buy it and you effectively get emerging-market growth. 7.5% dividend.