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Turkcell Iletisim (TKC) Message Board

  • plumeliau plumeliau Jul 29, 2008 2:10 PM Flag

    NEWS !!!!

    Acquisition ...

    Seems the market likes it ...and knew it b4 us !

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    • I had suggested in a recent post that the time to load up on TKC was when it was trading high 13 to low 14 range. Seems I was right.

      Some poster said he was waiting until it hit $10 - lol.

      Fact is - this company is growing growing growing. It could have used it's huge cash hoard to buy back shares, but mgmt., correctly I believe, preferred to wait and use it on aquisitions of mobile companies outside of Turkey in areas still expected to see large subscriber growth numbers in the future. Very smart, in my opinion. Focus on growing the bottom line for the future and ignore short-term stock price declines.

      Back to $20s per share in the near future now for TKC.

      Oh, and you can't beat the divi of about .60 a share per year - love seeing that hit my account every year!

      Great stock, great company, very well managed, just beaten down by short-term political instability. Could be why they are looking to grow outside Turkey. Shrewd moves - gotta love it.

8.73+0.31(+3.68%)Jul 22 4:02 PMEDT