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JBS S.A. (JBSS3.SA)

São Paulo - São Paulo Delayed Price. Currency in BRL

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31.24

+0.69

(+2.26%)

At close: 05:12PM BRT

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D
Great Q3 earnings - extremely under valued:

Net revenue was US$13.0B (R$70.1B, 34.3% higher than 3Q19)

Gross profit totaled R$11.8B, and increase of 31.8%, with gross margin of 16.8%

EBITDA was R$1.5B (R$8.0B, 35.0% higher than 3Q19), with an EBITDA margin of 11.4%

Net income was R$3.1B (778.2% increase over 3Q19) with an EPS of R$1.17

https://seekingalpha.com/article/4389753-jbs-s-2020-q3-results-earnings-call-presentation
The following slide deck was published by JBS S.A. in conjunction with their 2020 Q3 earnings call..
The following slide deck was published by JBS S.A. in conjunction with their 2020 Q3 earnings call..
seekingalpha.com
Bullish
B
How has the stock price not reacted to the shutdown?
J
$30+ STOCK
a
Strong earnings, US listing confirmed, could see $15 today
c
Yahoo's news about JBS, in reality about all the companies I follow, is just sad.
They actually don't list a JBS news article that can be found at Yahoo search Brazil that the Brazilian gov is selling US $348 million of its JBS stake (BNDS is doing the selling and BNDS is the governments stimulus bank (getting cash for the current gov to help influence the election ). That came out today.
I
JBSAY + ALPP Electronics + AABB + XOS/SOLO/ FFIE EV Plays + IQST Motorcycle for Central America and South America Up 18 % month.
Bullish
j
8% doesn't seem as thrilling as when I first bought this last year
D
There is no resistance until $12.
Bullish
J
you can't beat their meat!
S
Stock could tank
d
If you’re looking for a short and sweet guide to the day’s biggest news, I recommend (http://Pick-stocks.com). They breakdown the most important pre-market news and it only takes a few minutes to read.
M
it looks like a high beta tradable stock. I usually don't do short term trade but very attempted now
a
$13.98 was the high today. It looks as if $14 is a foregone conclusion.

Strong tailwinds from Swine flu in China and management's push to IPO the non-brazilian portion of the business with a U.S. IPO.

aa
n
today at $15.50 on heavy volume...beef margin should be fantastic this Q...after TSN fire...pork margin should improve from last Q...brazilian exports should be good with China asf demand
D
I'm looking for a lawyer in the Continental US, but they all seem to be busy suing JBS.
Does anyone know a lawyer who is not presently suing JBS?
Thank you.
n
Have been reducing holdings after about ten years of holding this stock ... expecting the amazing beef profits to revert back to normal margins as the cattle supply tightens and the USDA live box spread shrinks ... been a great run ... have moved investment into SAFM, PPC and CALM ... these companies are benefiting from amazing chicken and egg prices right now
Neutral
a
We broke above $12.20 briefly on 7/3 and closed at $12.06.

That was good enough for a new high.
a
nice move up today (1/7/2020). A Brazilian brokerage put a buy with a relatively high price target on the stock in Brazil.

But the stock moved in the US, not there.

Odd.

aa
a
Stock is performing very, very well because new CEO affirmed JBS's intent to spin out the JBS USA business as a separate entity.

There is HUGE value creation in that move coming in the next year.
a
Bond Issuance

JBS USA Lux this week issued $900 million of 6.75% 10-year bonds (callable in 5 years).

Initially slated to be a $700mm issuance, demand was strong enough to upsize the deal.
The proceeds were slated to repay $700mm of 8.25% bonds maturing in 2020 that became callable yesterday at par.

They will save 1.5% on $700 million, or more than $10 million in annual interest expense.
They also will extend their debt maturity schedule as noted above, and will have an extra $200 million of cash with which to manage other liabilities.

Demonstrating access to the bond market is a credit (and equity) positive.

aa