Added to YB: 2026-06-09
Pitch date: 2026-06-06
BAK [bullish]
Braskem S.A.
+0.28%
current return
Author Info
No bio for this author
Company Info
Braskem S.A., together with its subsidiaries, engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil.
Market Cap
BRL 6.1B
Pitch Price
BRL 3.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.76
P/E
-0.77
EV/Sales
1.01
Sector
Chemicals
Category
turnaround
Braskem: new car smell
BAK (added to position): Brazilian petrochem distressed turnaround. IG4 Capital all-in bet replaced bankrupt Novonor, controls co w/ Petrobras. Alagoas settled, tax/tariff benefits ~$500M/yr, debt restructuring plan filed, Hormuz boosting petchem spreads. No cash buyout; minorities stay as equity holders. Risks: cash burn, debt maturities, dilution/bankruptcy. Author added on selloff.
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