"Under the new rules, the IFT has powers to break up telecoms companies that are found to be impeding competition, although those powers are only intended to be used as a last resort."
Time is fleeting . . .
Sentiment: Strong Buy
In short, "Yes." And while I can defer some degree of stock to your position, I am now residing in the long camp." I extend best wishes to the longstanding and loyal opposition.
It wasn't so long ago (April), that Wells Fargo updated its rating on NIHD from Market Perform to Outperform and raised their valuation range to $13 - $15 from $5.00 #$%$50. Analyst Jennifer M. Fritzsche said — and I quote, "We believe there exist many near-term catalysts to drive the shares. Some of these include: 1) the sale of the tower assets (known but we believe prices could be higher than Street appreciates), 2) continued turnaround in Mexico and Brazil through the push out of 3G services, 3) the sale of the other non-core markets (namely Chile), 4) continued strengthening of the balance sheet and overall liquidity position."
Now, ask yourself, friend, under what circumstances — if any — is it ever advantageous for a proprietor to ride down the price of the business? Therein, perhaps, resides the answer to NISD's current valuation and what may unfold.
"Late arrivals," so to speak, COULD be in store for some mighty good times . . . We shall see . . .
It is difficult to say exactly when "the moment of truth" will arrive however, the NIHD market shuffle over the last three/five days could easily prompt one to arrive at this a hyper-intuitive juncture. Late volume, indeed, will be telling . . .
Thus, the premium . . . How much? Soon enough, I suppose, we shall see . . .
The cost reduction initiative underway along with a projected uptick in two key business metrics may prompt a private equity firm to make a limited time only tender offer of $2.20per share as early as December 6; otherwise, an estimated 30 percent spike on December 12.
Sentiment: Strong Buy
Yes, I was aware of this purchase; however, I'm under the impression that yesterday's volume reflected something of a significant add-on. Thanks for the posts.
Still haven't seen any market data to confirm this. Anybody?