9 Comments

Probably split your PBR.A into 50/50 PBR.A and EC.

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Unfortunate timing on TIM. Wurth launching a tender offer at 50.69 Pin with management support. I think you are going to regret reducing Toya as well.

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how do you like eqnr, as a better-run version of petrobras (even some offshore block commonality) but with less pressure risk from brazilian politics? [noted, they are not slowing renewables, and although a very competent operator, the non-fossil IRR is a mystery]

weirdly, they are both trading at SOME of the same valuation metrics.

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