Celulosa’s Wild Ride: Massive Stock Surge Meets Bond Default Fears
🚀 Celulosa Argentina's stock experienced a massive 49% price surge, reportedly due to major shareholders reducing their equity stake and injecting the sales proceeds back into the company as new capital.
📉 Despite this significant stock rally, there's concerning news that the company has informed it will not pay future income on its corporate bonds (Obligaciones Negociables - ONs), creating uncertainty for bondholders.
📊 Prior to this news, the stock was already showing signs of being significantly "overbought" and had a technical pattern suggesting an upward move, which has now materialized with extreme volatility.
Celulosa Argentina Nosedives. Analyst Predicts Bankruptcy Risk
🚨 Celulosa Argentina receives a highly negative assessment, with the analyst suggesting potential bankruptcy risk.
📉 The primary justification for the bearish outlook is the stock breaking a significant historical support level around 800 pesos.
❌ The analyst explicitly states they do not invest in this stock due to its poor technical setup and perceived fundamental risks.
Celulosa Argentina’s Debt Drama: Restructuring Ahead?
📉 Celulosa Argentina announced it's hiring advisors (Balo Columbus) to analyze strategic alternatives for restructuring its debt profile, signaling potential payment difficulties on its corporate bonds (ONs).
❓ The company's stock price plummeted 85% in the months *before* the debt restructuring announcement was made public, raising concerns and questions about potential insider information leakage prior to the news.
🤔 Despite the speaker expressing personal dislike for the company based on past experiences as a supplier, it was noted some related purchases were made around the announcement (potentially bonds), indicating a complex investment situation.
Celulosa Argentina Restructures Debt: Red Flags Raised
📉 Celulosa Argentina announced it hired financial advisors to analyze strategic alternatives for restructuring its debt profile, essentially signaling inability to pay its corporate bonds (ONs).
🚩 Significant concern arises from the stock price dropping 85% in the months *before* the restructuring announcement, raising questions about potential insider information leakage.
⚠️ Rating agency Fix downgraded Celulosa only *after* the negative news broke and the price collapsed, highlighting perceived failures in timely risk assessment for investors.
