Just hit me looking at the US match,crowds, cities in Brazil. What logitics to move 20K people just for one team, before and after each game! Do it more than once ! For each team! Distances(NY to LA like) are such that driving is out.
Yep! It is like paying off your high interest credit card balance. Cash flow is improving and they are paying off debt. Good for GOL shareholders. Brazil has no passenger rails and roads are terrible. They must fly. Airports are being privatized and 270 NEW airports are slated for completion within the next few years. If Dilma loses the election Brazilian stocks will go up at least 30%.
Sentiment: Strong Buy
Cash on hand is at all-time record high in $R = 3,100,000,000 = $1,400,000,000 USD
Stake in "SMILES S.A." (57%) = $R 2,800,000,000 = $1,300,000,000 USD
Air France just invested USD $146,000,000
Guidance for $R/USD for 2014 = 2.30-2.45 currently $2.19 **HUGELY BULLISH
AND, most importantly, EDMAR got his CHRISTMAS present early by having 2015 4th and 5th debenture balloon payments extended to 2018!!!!!!! THE STOCK SHOULD HAVE BEEN UP $1 today on this news release last night.
FOLKS, GOL is sitting on USD $2.7 BILLION of liquidity and levers they can pull. THE COMPANY IS ABOUT TO BECOME PROFITABLE.
This is one of the BEST plays in the airline sector BAR NONE!
GOL is about to break out of a 2 month downtrend and make a new 2014 high. ANY DROP in next couple days should be AGGRESSIVELY BOUGHT.
As you can see clearly below, I said the positive operate income would come in @ $10-20M USD. Who is your daddy?
Now, for "cart boy" Edmar; he MUST GO due to hedging losses of $R 40,000,000.
PEOPLE, THE GOL IS VERY VERY CLOSE TO A FULL RECOVERY. THE LEVERAGE RATIO DOWN TO 4.6x FROM 15X A YEAR AGO!
After a steep sell-off in the Brazilian real, Brazil’s central bank has taken a more hands-on approach, potentially supporting the country’s currency and equities markets, along with related exchange traded funds.
The WisdomTree Brazilian Real ETF (BZF) fell 1.7% over the past month while the iShares MSCI Brazil Capped ETF (EWZ) declined 4.5%. Year-to-date, BZF is up 7.8% and EWZ is 3.6% higher. [Brazil ETF Tests Short-Term Trend on Increased Uncertainty]
After the Brazilian real depreciated 1.5% against the U.S. dollar Monday, the central bank stated that it will double the volume of swaps it offers for rollover, derivatives that provide investors with a hedge against currency weakness, reports Delphine Strauss for the Financial Times.
Despite the fact that shares of Gol were exchanged at a value of over $12.00 US each for the recent Air France/KLM agreement, the pps of gol is getting pummeled. It's all based on currency exchange rate and has nothing at all to do with the companies' performance.
Yes ,their load factor will be going off the charts.Maybe some are waking up to that fact today. Up until now the price has been totally tied to the brazilian real currency.
It's now heading up to near where the drop started. Gol is going up immediately too. It shouldn't be that connected to the currency. It makes for a very tricky investment. In time this company will shine.
If you are located along the route that the worldcup TEams BUS travels to the stadium, painting your roof with a "LOGO" will get you free advertising from the Live feed worldcup TV Helicopter flying over head. Hurry..u only have a couple weeks left....hahaaahaha
That's why you also want to check out AMRS....they turn Brazilain Sugar Cane in JET FUEL, Cosmetics, Diesel de Cana, Oil, Lubricants, etc.
I've been thinking exactly the same thing.........
Bargain values in Brazil have not yet to awakened stock prices.But large companies certainly like what they see per article seen here:
Tumbling Real Lures Acquirers Seeking Bargains: Corporate Brazil
By Jonathan Levin and Cristiane Lucchesi Jun 26, 2014 11:08 AM PT 0 Comments Email Print
The Brazilian real’s three-year slide and a stock market that trades at a discount to regional peers are making the Latin American nation a buyers’ market, especially for buyers from overseas.
Takeovers involving Brazilian companies rose 70 percent to $29.5 billion in 2014 through yesterday from the same period last year, the fastest pace in Latin America, data compiled by Bloomberg show. Foreigners drove the increase, with deals up 168 percent to almost $18 billion, making this the best first half for inbound acquisitions since 2010, the data show.
Brazil just privatized several airports and pledged to open another 270. The country is a mess which is another reason they MUST FLY. From the WC to Olympics and major conventions to many hotels being built all point to increased air traffic. GOL will start to make money soon and the stock will go up quite a lot. If Dilma loses the election and a more business friendly government takes over GOL will skyrocket.
Sentiment: Strong Buy