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Skullcandy, Inc. (SKUL) Message Board

fooledbyrandomness4 88 posts  |  Last Activity: Jan 24, 2015 4:26 PM Member since: Oct 7, 2011
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  • RIO DE JANEIRO / SAO PAULO / MILAN (Reuters) - Hi ( OIBR4 ) is open to all options for a possible consolidation in the Brazilian telecommunications market, including a merger with TIM ( TIMP3 ), provided that it creates value for its shareholders, said the president of the company, Bayard Gontijo, on Friday.

    The Hi says winning financial strength to participate in an offer or merger with TIM rival, after shareholders of Portugal Telecom SGPS, a leading operator's shareholders have approved the day before the sale of the assets of the company Portuguese to French Altice.

    The Hi do not plan to turn to the market to issue debt or shares, and a possible consolidation agreement will be financed with proceeds from the sale of Portuguese assets, Gontijo said.

    Asked if the Hi prefer to buy or be bought, Gontijo said "Hi to have no prejudice about making the consolidation." "It's too early to discuss control. We need to be able and then evaluate the best way. "

    This hypothesis is a front change to previous statements Gontijo, for which Hi intended to lead consolidation in the telecommunications market.

    Earlier, a source with direct knowledge of the matter told Reuters that the Hi hold "in the short term" a bid for TIM, along the course, the Mexican group América Móvil, and Vivo, controlled by Spain's Telefonica.

    However, the management of Telecom Italia, TIM parent company, plans to meet with Brazilian authorities next week for a poll before deciding will turn the game and make a bid for Hi, said other two sources with direct knowledge of matter told Reuters.

    According to one of these sources, the chief executive of Telecom Italia, Marco Patuano, seek assurances from the new Communications Minister Ricardo Berzoini, that the government will not make opposition to a possible offer for Hi. The meeting should take place next Thursday -Thurs, the source said.

  • UPDATE 2-Brazilian telecom firms may bid soon for rival TIM -source
    Fri Jan 23, 2015 1:40pm EST

    (Adds Telecom Italia's CEO going to Brazil)

    By Luciana Bruno and Danilo Masoni

    RIO DE JANEIRO/MILAN, Jan 23 (Reuters) - A group of Brazilian telecoms operators are now ready to bid for rival TIM Participações SA, a source with knowledge of the situation said, after the group's leader, Oi SA, got the go-ahead to sell its Portuguese business.

    However, top management at Telecom Italia SpA, TIM's majority owner, is preparing for a meeting with Brazilian officials next week to put out feelers before deciding whether to turn the tables and make their own bid for Oi, two other sources familiar with the plans said.

    Shareholders at Oi's merger partner Portugal Telecom SGPS finally approved the 7.4 billion-euro ($8.3 billion) sale of PT Portugal to European rival Altice SA on Thursday, despite stiff opposition from minority shareholders.

    With that hurdle cleared, the first source said Oi and the Brazilian units of Mexico's America Movil and Spain's Telefonica can move ahead with a joint offer for TIM, coordinated by investment bank Grupo BTG Pactual SA.

    A firm offer would be the culmination of more than a year of negotiations as Brazil's four mobile network operators seek a consolidation of the national market, where costly investments are squeezing profits.

    Two sources with direct knowledge of the matter said in October that the BTG-led group had agreed to place a joint bid of around 32 billion reais ($12.4 billion) to acquire TIM and split its operations three ways.

  • Reply to

    casa just give up on budy

    by fooledbyrandomness4 Jan 22, 2015 4:56 PM
    fooledbyrandomness4 fooledbyrandomness4 Jan 23, 2015 10:36 AM Flag

    Casa: It looks like you are new to Yahoo boards being a member from only oct 2014 based on your profile.
    I have been in this board for the last 15 years and have come across psychos, crazies and outright deceitful people.
    At the end of the day freedom of speech is protected under our constitution, yes OI can sue buddy but no federal agency is going to waste time and effort going after a fool like him.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 22, 2015 4:56 PM Flag

    budy is a fool plain and simple is also an attention seeker.
    Dont stroke his ego, ignore the moron and he will just go away.

  • fooledbyrandomness4 fooledbyrandomness4 Jan 22, 2015 4:10 PM Flag

    TIM will pay $7 for oibr.

  • There is plenty to run.

    Dont sell for peanuts.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 22, 2015 2:58 PM Flag

    I am just asking for presplit price.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 22, 2015 2:47 PM Flag

    Let the run begin.

    I want to see $4 today.

  • Reply to

    budy is quiet?????

    by fooledbyrandomness4 Jan 22, 2015 11:58 AM
    fooledbyrandomness4 fooledbyrandomness4 Jan 22, 2015 12:45 PM Flag

    Based on your knowledge of oibr you were just lucky to make any money here, with that track record I dont have any confidence in your picks.

    There are few posters who are long gone who knew the entire situation unfortunately because of the unforseen events like dollar strengthening, oil crashing oibr which was already sold off was killed.

  • Reply to

    budy is quiet?????

    by fooledbyrandomness4 Jan 22, 2015 11:58 AM
    fooledbyrandomness4 fooledbyrandomness4 Jan 22, 2015 12:34 PM Flag

    I bought this stock 60,000 @ $10.
    Now I have 132,000 shares. So my average is around $4.5.

    I dont think this will ever hit $10.

    There is already negotiations between TIM and OI where TIM will give one share of TIM for 3 shares OI.
    TIM is at $22, so that means we will see $7 shortly.

  • Reply to

    debt

    by kevin_f_1999 Jan 21, 2015 7:31 PM
    fooledbyrandomness4 fooledbyrandomness4 Jan 22, 2015 12:31 PM Flag

    What they are basically saying that PT and OI are one and the same with zero chance merger reversing.

    So PTsdbt and Oi's debt is interchangeable.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 22, 2015 11:58 AM Flag

    We already had 25% move.

    I expect another 100% move by next month.

  • Reply to

    Small

    by gadboone Jan 16, 2015 10:29 AM
    fooledbyrandomness4 fooledbyrandomness4 Jan 16, 2015 12:02 PM Flag

    It is all relative look up the volume presplit.

    It has increased 10 times.

  • Reply to

    Small

    by gadboone Jan 16, 2015 10:29 AM
    fooledbyrandomness4 fooledbyrandomness4 Jan 16, 2015 11:06 AM Flag

    I disagree volume is not small, in 2 hours we had 2million shares.

    You are confusing small bids\asks with the volume.

    It is all computerized so actual bids\ask is hidden.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 15, 2015 5:59 PM Flag

    TIM wants pt sold and oibr merged with itself.

    But it needs to soothe the fears of pt shareholders. If TIM does this then it is a brilliant move.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 15, 2015 5:55 PM Flag

    I dont whether anybody has noticed yesterday we saw 6million share volume implying 60 million shares pre split.
    Last 2 weeks we are seeing volume about 10 times the average pre split volume.

  • Reply to

    Why is pt up and OI down?

    by fooledbyrandomness4 Jan 15, 2015 5:06 PM
    fooledbyrandomness4 fooledbyrandomness4 Jan 15, 2015 5:38 PM Flag

    Can you at-least read up on the merger agreement before your idiotic mouth.

    PT\OIBR will be converted to a company called corpco.

    oibr * 2.1=pt *10

    oibr*.92=1 corpco.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 15, 2015 5:06 PM Flag

    Thankfully oibr and oibr4 trade in sync.

    PT 0.85 * 10 = 8.50
    IOBR 1.95* 2.1 = 4.095

    PT is trading at a 50% premium to oibr.

  • fooledbyrandomness4 by fooledbyrandomness4 Jan 15, 2015 1:57 PM Flag

    If there is no merger, Oi does not need to merge with Telemar Participacoes (i.e. TmarPart) and PT. Oi does not need to pay for one cent of the RS$4billion or US$1.9 billion debt to the previous control shareholder TmarPart who is mostly owned by PT and BES. Oi's credit ratings will return AA serious and the debt interest will be down substantially.

    PT's previous debt to equity ratio was about 6:1. After the commercial paper loss, it might be 12:1 or even 30:1. It is impossible for this greedy thing to get away from credit protection/bankruptcy

  • fooledbyrandomness4 fooledbyrandomness4 Jan 15, 2015 1:28 PM Flag

    The debt has remained the same just equity has just vanished because of bickering between pt and oi.

SKUL
10.01-0.24(-2.34%)3:20 PMEST

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