Category Archives: $NYSE:PBR

3 years this company was over 200billion – now it is worth $30bn with $250bn of debt and could rock..

Emerging Markets if it needs a rescue ….

$PBR – Petrobras now below $5 a share as oil price continues to slide.
It’s huge debt mountain may not be serviceable if oil drops to $30 and may need a state rescue – Brazil Credit default swaps have also been widening…

FV=$20 – but analysts may have given up revising estimates down as the stock continues to go lower – so this Fair Value not an indicator of potential value….

if this happens, you may see a 10% Sell off in US, Asia and European stocks – this would be a great opportunity to buy good quality companies…

Keep an eye on $PBR – if it falls below $3 the above could happen…