Do you know the cost per gal. to make that fuel now? Have they improved the cost lately?
Seems to be the reply to the 'nobody cares' posting. Personally, I believe that complaining,battleing and contesting everything that this board has done to the shareholder isn't whining.It might be useless,but so is doing nothing.
I second your opinion.When Air France took a $5 million stake in Gol at nearly twice the common share price,I couldn't believe the muted reaction. Now the $Real is gaining substancial value, as well.This undervaluation just can't last much longer.
If foreign companies are buying bargain valued Brazilian businesses,then the value has to reach the stock price at some point. Hold on,if you can and the value will be revealed. Hidden value will be released.
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.
Yes if the new shares canceled out the short positions, then the transactions wouldn't show on the volume,would they? Could explain the low volume now.
Yes,it's kind of sad that this company has to overcome so much negative that has been directed towards the government. At this point, I feel like politics has much more influence than the actual performance of the company. The currency exchange rate was blamed for the drop in share price,but now the brazilian currency has made a big reversal gaining on $us dollar, but the share price hasn't moved up at all. It's very frustrating but I'm going to wait for the nexr earnings. It seems VERY undervalued.
Yes ,their load factor will be going off the charts.Maybe some are waking up to that fact today. Up until now the price has been totally tied to the brazilian real currency.
It's now heading up to near where the drop started. Gol is going up immediately too. It shouldn't be that connected to the currency. It makes for a very tricky investment. In time this company will shine.
Can jump start the selling programs. Of course, once the momentum starts,the frenzy soon follows. Sadly,it takes very little to send this company into freefall.
After a steep sell-off in the Brazilian real, Brazil’s central bank has taken a more hands-on approach, potentially supporting the country’s currency and equities markets, along with related exchange traded funds.
The WisdomTree Brazilian Real ETF (BZF) fell 1.7% over the past month while the iShares MSCI Brazil Capped ETF (EWZ) declined 4.5%. Year-to-date, BZF is up 7.8% and EWZ is 3.6% higher. [Brazil ETF Tests Short-Term Trend on Increased Uncertainty]
After the Brazilian real depreciated 1.5% against the U.S. dollar Monday, the central bank stated that it will double the volume of swaps it offers for rollover, derivatives that provide investors with a hedge against currency weakness, reports Delphine Strauss for the Financial Times.
Where did you find that info ? Is it a new upgrade? Yahoo doesn't show that news ...only all the negative stuff.
Brazilian carrier GOL Linhas Aereas SA (GOL) has received the green signal from its board to proceed with its exclusive strategic partnership with European giant Air France-KLM SA. GOL expects to expand its operations between Brazil and Europe on the back of this deal.
The approval came after the board sanctioned a capital increase of up to R$ 185.8 million ($82.9 million), of which R$ 116.0 million ($52.0 million) will be subscribed to by Air-France KLM, while the current shareholders will have the first right to the rest of the new shares. GOL will sell 6.78 million new preference shares at R$27.40 ($12.31) per share. (Remember Gol shares sold as common in the US are equal to the preferred that are sold in other markets )
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.
The way it's going now,I fully expect to see 3.80 -3.70 ...pitiful,pitiful,pitiful. Just save some ammo,and this will become an amazing golden oportunity. Heard that one before ? huh ? It's setting up for a rags to riches run. I'm not a pumper...just saying opportunity waits in the darkest hour here.