I read the SA transcript last nite. Will try and get some shares today
If they will stick to spending $1B capex in 2013 as they stated, NIHD might see $10 this year. That is overt 110% from current level. Now, NOTE THIS...Brazil is cleaned up. I like what they did with low-credit subscribers and clearing away the expensive Retention expenditures. With over 230,000 burden cleaned out, the subscriber count is now very healthy. The continued migration to 3G will make for a healthy 2013 for Brazil. Mexico is still their key market and very healthy. With 13% of the entire market, Mexico is not an issue. Peru, Chile and Argentina were were very healthy in 2013. Except for the NON-CASH write-down in Chile, that market was a win for 2012. Push-to-talk remains a key attraction in all markets. If they sell they Towers, which I believe will happen this quarter, NIHD may actually show a healthy return for shareholders. I will look for an entry opportunity and start building a share base here. I traded this over a year ago at $7, but was surprised to see it at $4 while playing around last nite.