iguanito
Forumer storico
Sì scusami, ho confuso con altro bond che ho preso in passato. Tuttavia quando ho comprato il rateo era tassato al 26%. Del resto questo bond non è in white list.
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
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fabriziof
Forumer storico
Già infatti lo avevamo dedotto dalla contabile dell'acquisto
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iguanito
Forumer storico
Comunque appena arriva ti darò la conferma.
fabriziof
Forumer storico
E io farò altrettanto ,ma senza contabile della cedole ,cs (come iw) non si cura di queste quisquilie (assurdo)
ginestra
Forumer attivo
ciao gionmorg
so' che sei investiti in modo rilevante ( ptf 100% ?) in obb hy.
in linea generale che scelte stai effettuando od hai effettuato sul tuo ptf in questo periodo?
prediligi emittenti usa rispetto a corporate dei paesi emergenti in prospettiva al rialzo dei tassi o semplicemente per possibili scenari protezionistici che sia trump ma anche la clinton proporranno? scadenze brevi ? o non tieni conto di possibili scenari futuri ed acquisti solo valutando un titolo di un emittente che ritieni sottovalutato ?
buona domenica
mistico 77
Forumer attivo
VI CHIEDO UN GIUDIZIO SU QUESTI 3 TITOLI OBBLIGAZIONARI TENETE PRESENTE CHE X ME SONO UNA SCOMMESSA DUNQUE VI
CHIEDO SE NE AVETE VOGLIA DI RISPONDERMI DI DARMI UN VOSTRO GIUDIZIO PERSONALE SU QUALE DI QUESTI 3 TITOLI VOI
NON METTERESTE MAI UN CENTESIMO GRAZIE X LA VOSTRA RISPOSTA E Disponibilità
AVAYA 2021 ISIN USU 05258AE54
IHEART COMMUNICATIONS 2021 ISIN US184502BQ46
INTELSAT 2023 ISIN US458204AQ79
COME DETTO IN PRECEDENZA SI TRATTA DI SCOMMESSA DUNQUE SO PERFETTAMENTE I GRANDISSIMI RISCHI CHE STO PRENDENDO
CHIEDO SE NE AVETE VOGLIA DI RISPONDERMI DI DARMI UN VOSTRO GIUDIZIO PERSONALE SU QUALE DI QUESTI 3 TITOLI VOI
NON METTERESTE MAI UN CENTESIMO GRAZIE X LA VOSTRA RISPOSTA E Disponibilità
AVAYA 2021 ISIN USU 05258AE54
IHEART COMMUNICATIONS 2021 ISIN US184502BQ46
INTELSAT 2023 ISIN US458204AQ79
COME DETTO IN PRECEDENZA SI TRATTA DI SCOMMESSA DUNQUE SO PERFETTAMENTE I GRANDISSIMI RISCHI CHE STO PRENDENDO
bia06
Listen other's viewpoint avoid conflicts & wars.
Ciao, sulla prima ti posto quanto scritto a febbraio da Moody´s. Te lo devo da appassionato Alfa Romeo.
Sulle altre, il forum qui e´ pieno di gente molto piu´ preparata di me.
The Caa1 corporate family rating reflects Avaya's very high leverage (greater than 8x as of December 31, 2015) and concerns about the sustainability of the capital structure. The rating also reflects the company's very high debt service and other requirements at a time when the enterprise telephony market is evolving. Debt service, pension service and capital requirements of the business leave little cushion to support unforeseen operating challenges or to make material debt repayment or critical acquisitions. The rating acknowledges the company's industry leading position within the enterprise telephony market and related unified communications markets. At the same time the industry is evolving to include integrated communications offerings, with products offered as either on premise or hosted, managed service solutions. Avaya will need to constantly reinvest in new products and platforms to maintain its position against Cisco, its much larger and better capitalized primary competitor as well as smaller cloud based competitors. Although the company continues to make strides in reducing the cost structure of the business, revenues are expected to continue to decline and it will be challenging to materially improve EBITDA levels in the near term.
The current capital structure is particularly problematic given the changes underway in the unified communications market. In addition to changes in the architectures of corporate communications systems, the increasing preference for subscription based pricing models hurts near term revenues, profitability and cash flow. Though the subscription model or managed service contracts can be beneficial in the long run, the near term hit to performance is particularly challenging when debt levels are high and liquidity is limited. Moody's continues to expect Avaya will be a key long term player in the industry and given sufficient time, with the appropriate capital structure, EBITDA levels will stabilize and potentially improve.
While the company could likely limp along if all maturities were pushed out to 2020, the current capital structure is impractical and at worst, prevents some customers from choosing Avaya.
Liquidity is adequate over the next twelve months but unlikely sufficient to address $600 million in maturities due in October 2017. Liquidity is supported by a $335 million domestic and $150 million foreign ABL lines ($196 million available as of December 31, 2015) as well as cash of $344 million. The company is expected to have modest but very limited free cash flow over the next eighteen months.
The negative outlook reflects Moody's expectation for declining revenues and concern that the company may face challenges in refinancing 2017 and 2018 debt maturities .
Sulle altre, il forum qui e´ pieno di gente molto piu´ preparata di me.
The Caa1 corporate family rating reflects Avaya's very high leverage (greater than 8x as of December 31, 2015) and concerns about the sustainability of the capital structure. The rating also reflects the company's very high debt service and other requirements at a time when the enterprise telephony market is evolving. Debt service, pension service and capital requirements of the business leave little cushion to support unforeseen operating challenges or to make material debt repayment or critical acquisitions. The rating acknowledges the company's industry leading position within the enterprise telephony market and related unified communications markets. At the same time the industry is evolving to include integrated communications offerings, with products offered as either on premise or hosted, managed service solutions. Avaya will need to constantly reinvest in new products and platforms to maintain its position against Cisco, its much larger and better capitalized primary competitor as well as smaller cloud based competitors. Although the company continues to make strides in reducing the cost structure of the business, revenues are expected to continue to decline and it will be challenging to materially improve EBITDA levels in the near term.
The current capital structure is particularly problematic given the changes underway in the unified communications market. In addition to changes in the architectures of corporate communications systems, the increasing preference for subscription based pricing models hurts near term revenues, profitability and cash flow. Though the subscription model or managed service contracts can be beneficial in the long run, the near term hit to performance is particularly challenging when debt levels are high and liquidity is limited. Moody's continues to expect Avaya will be a key long term player in the industry and given sufficient time, with the appropriate capital structure, EBITDA levels will stabilize and potentially improve.
While the company could likely limp along if all maturities were pushed out to 2020, the current capital structure is impractical and at worst, prevents some customers from choosing Avaya.
Liquidity is adequate over the next twelve months but unlikely sufficient to address $600 million in maturities due in October 2017. Liquidity is supported by a $335 million domestic and $150 million foreign ABL lines ($196 million available as of December 31, 2015) as well as cash of $344 million. The company is expected to have modest but very limited free cash flow over the next eighteen months.
The negative outlook reflects Moody's expectation for declining revenues and concern that the company may face challenges in refinancing 2017 and 2018 debt maturities .
salice02
Forumer storico
A me sembrano tre ciofeche pazzesche solo a valutare le quotazioni. Io ho già dato con OI e ne sto pagando le conseguenze ancora adesso e quindi non metterei un centesimo su nessuna di queste.
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HIGH YIELD e oltre, verso frontiere inesplorate, vol.3
