Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (1373)	11/6/2014 11:44:05 PM
From: elmatador	Read Replies (1) \| Respond to of 2504

Pre-salt oil crashed the Brazilian economy. "Once we needed to allocate resources for these endeavors, fewer resources were available for more general uses. With fewer resources for general activities, economic growth has become inhibited. This has tended to lead to fewer jobs, especially good-paying jobs. It also makes debt harder to repay. History shows that many economies have collapsed because of diminishing returns." oilprice.com Brazil has to quickly do a 90º turn away from Pre-sal oil. Plough the investment that are all going to pre-salt oil in infrastructure and soften the terms of exploration of pre-salt oil. Brazil does not need to export oil, and there won't e a market for surplus oil anyway, just nee to keep self sufficient and have reserves to replenish the oil produced.

To: THE ANT who wrote (1373)	11/7/2014 1:25:54 AM
From: elmatador	Read Replies (1) \| Respond to of 2504

Brazil may end up "doing" the right thing by chance: All bad news already priced in result of last month elections Not dependent on exports to rich small exports share of the GDP. Not affected by drop in oil prices No industry seeking the last cent out of a poor Indian or Pakistani Island type of economy self sufficient in energy and food. Demographics not a problem yet Can import deflation to countreact inflation As the Great Unwinding gathers pace and the Great Unwinding 2.0 is Beta tested Brazil may again get it right by having done the wrong thing.

To: THE ANT who wrote (1373)	11/24/2015 2:43:06 PM
From: elmatador	Respond to of 2504

CHINA’S HNA AGREES TO BUY 24% OF AZUL TO EXPAND IN LATIN AMERICA hinese conglomerate HNA Group Co. agreed to pay 1.7 billion reais ($455 million) for a stake in Azul Linhas Aereas Brasileiras SA. With the deal, HNA will become the biggest individual shareholder of Azul, owning a 24 percent stake, and will have one seat in the board of Brazil’s third-largest airline by market share, the companies said in a statement Tuesday. The agreement should help boost Azul’s cash position at a time the drop in Brazil’s currency is increasing dollar-linked costs for local airlines. The real has slumped 29 percent this year, the most among major currencies. At the same time, growing unemployment and the country’s longest recession since the Great Depression are also hurting demand for air travel. The deal values Azul, which is not publicly traded, at 7.17 billion reais. Gol Linhas Aereas Inteligentes SA, Brazil’s largest publicly traded airline, has an enterprise value of 8.3 billion reais. Gol has seen its market cap shrink to 1.23 billion reais as shares sank 77 percent this year, the second-worst performance in the Ibovespa benchmark gauge. Azul plans to use the capital to strengthen its balance sheet, renovating its fleet and reducing debt, the company said in a separate e-mailed statement. HNA Group, a financial-to-tourism conglomerate based in the southern Chinese island of Hainan, owns stakes in a handful of airlines domestically and abroad, including Hainan Airlines and Ghana’s AWA Airlines. In July, it agreed to buy airport luggage handler Swissport International Lda. from PAI Partners SAS for $2.8 billion. Azul has postponed its planned initial public offering at least twice because of the drop in the local equity market. Founder David Neeleman also mulled the possibility of an IPO for the company’s TudoAzul loyalty plan in August.