ClaudioVelez

CTT Portugal Long Position

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ClaudioVelez 已更新   
EURONEXT:CTT   CTT-CORREIOS DE PORTUGAL, SA
Expect good Q4 Earnings at 10 March 2021

CTT Portugal went private in the last Government election, sold.
With several problems, the new board had to fire several people and close some Post stations.
Just like every Portuguese Government Company, the hierarchy was full of people doing Nothing and recieving Alot.
Glad everything changed in the past years.

Today they are doing a good job, better than DHL, SEUR, Chronopost, etc...
Created a Bank, CTT Bank that is attracting alot of people, from young to old.
Old people recieve their retirement at CTT post office, and if they have an account there, recieve directly.

They were the only gainers post pandemic in Portugal, along with EDP energy company.

Let's see...
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Expect Q4 earnings result to be 5x better than last Q3
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