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JBS S.A. (JBSAY)

Other OTC - Other OTC Delayed price. Currency in USD
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12.41+0.27 (+2.22%)
At close: 3:50PM EDT
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  • J
    Janie
    $30+ STOCK
  • B
    B
    How has the stock price not reacted to the shutdown?
  • d
    dittert
    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.
  • J
    John
    you can't beat their meat!
  • D
    Dennis
    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
  • a
    alexalekhine
    Strong earnings, US listing confirmed, could see $15 today
  • S
    Sid
    Stock could tank
  • M
    MudFeet
    it looks like a high beta tradable stock. I usually don't do short term trade but very attempted now
  • g
    greg
    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
    Dariusz
    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.
  • a
    alexalekhine
    We broke above $12.20 briefly on 7/3 and closed at $12.06.

    That was good enough for a new high.
  • a
    alexalekhine
    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
    alexalekhine
    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
    alexalekhine
    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
  • D
    Dennis
    There is no resistance until $12.
  • a
    alexalekhine
    Tyson's earnings report this morning appears to have been a big positive surprise, and the stock is up 2%.
    The results are clearly a bullish read-across for JBSAY, and it also is up, actually, a shade more than 2%.

    I continue to see this eventually going to the $7.50 area.

    if they make progress on a spin of the U.S. business JBS USA Lux from the Brazilian holding company, the price target could be even higher, but it would depend on the manner in which the separation were accomplished. best would be a share distributino that allows JBSAY owners to have a proportional stake in JBS USA Lux, the holdco for the non-Brazilian assets.
    aa
  • a
    alexalekhine
    $6.30 today

    Proceeding as planned.
  • a
    alexalekhine
    $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
  • a
    alexalekhine
    Nice move up to $5.80 the past couple of days when everybody is on vacation and trading is thin.
  • a
    alexalekhine
    JBSAY up nicely this week as Brazilian market is rallying after conviction of Lula was upheld.

    it will be interesting to see how much debt actually declines in the year-end financial statements, though the $1.2 billion asset sale of Moy Park to Pilgrim's Pride will not result in any debt reduction since Pilgrim's (PPC) is consolidated onto the JBSAY financial statements since they own around 80% of it.



    aa