Janie, these would be the symbols to watch for the baby bras, not sure what the others in the top part of the list with an "F" appended to the symbol are. The symbols in the bottom part of the list are any of the 53 individual pieces (these will trade indefinitely in Brazil...don't worry about those, provided FWIW) that traded that day, options and receipts.
Don't feel dumb, it's confusing. Again these are the symbols to compare against our TBR and the CHG field will tell you if they're up or down and by how much. The initial list I produced showed the CHG field on any symbols that had never traded previously as 0 because there was no previous close to compare against. I'll see if I can fine tune the list to offer this summary and separate everything else as I get time. The ON symbols are the common shares which don't and won't trade in the US. For comparison purposes we look only at the PN shares.
EMBRATEL PAR PN * EBTP4 17.00 18.00 16.00 16.00 + 6.66% 82 138,100,000 TELE CL SUL PN * TCSL4 1.80 2.00 1.55 1.71 + 1.18% 56 99,900,000 TELE CTR OES PN * TCOC4 0.47 0.72 0.47 0.62 +55.00% 85 198,700,000 TELE CTR SUL PN * TCSP4 10.50 11.50 10.50 11.08 +10.57% 64 119,000,000 TELE LEST CL PN * TLCP4 0.60 0.60 0.50 0.54 - 1.81% 70 261,400,000 TELE NORD CL PN * TNEP4 0.55 0.60 0.51 0.58 +13.72% 50 360,700,000 TELE NORT CL PN * TNCP4 0.13 0.40 0.13 0.31 +%158.33% 64 613,200,000 TELE NORT LE PN * TNLP4 15.00 15.00 12.95 14.00 - 6.66% 37 51,400,000 TELE SUDESTE PN * TSEP4 3.60 3.70 3.40 3.50 + 6.06% 90 176,400,000 TELEMIG PART PN * TMCP4 1.31 1.60 1.25 1.34 + 2.29% 36 89,200,000 TELESP CL PA PN * TSPP4 7.80 8.50 7.49 8.40 +12.00% 63 147,400,000 TELESP PART PN * TLPP4 32.00 33.00 27.00 28.00 - 3.44% 172 324,700,000 ======= R$ 86.08
R$86.08 / 1.1835 = US$ 72.73
As far as which babies to buy, depends on where everything stands the day before the split I guess. A long termer may want to consider holding them all and checking back in 5 years. That will likely be my recommendation to my Mother. Look at the volatility in some of the cheap babies. Course this should settle down by the time they list here. Stay tuned, and ask any further questions you may have.
Yes, I'm still long 50% of my original position which is still HUGE. I will supplement with calls as I see fit.
Good luck
sf |