We came across a bullish thesis on Braskem S.A. on Penny on the Dollar’s Substack. In this article, we will summarize the bulls’ thesis on BAK. Braskem S.A.’s share was trading at $3.7300 as of February 12th. BAK’s trailing and forward P/E were 8.44 and 9.78 respectively according to Yahoo Finance.
Braskem S.A., a CCC-rated Brazilian petrochemical giant, trades at $2.86 per ADR, giving it a market cap of $1.15 billion and an enterprise value of $8.15...
