Yup, my thoughts too.
TEO should be buying back shares. This is when you make money.
The Bond/Equity Market will force reform in Argentina....much more powerful than than any incompetent President. They will be forced to embrace the USD or else...
2015 there will be a shakeup in govt.
Sentiment: Strong Buy
Fintech, what's your move?
Buy low or sell low?
"We apply a median telecom PE ratio of 9 to arrive at a $30 price target....."
"The recent release of the dividend reserve and payment gives us increased conviction that future semi-annual dividend payments are on the horizon"
Dear TEO and Fintech,
pull the trigger and buy back at least 10% of the float at $16.
You have it on your balance sheet and it will be a great investment when you look back in 2015.
For ADR holders, the Record Date is December 26, 2013 and the Payment Date is January 6, 2014. The payment to these shareholders will be made through the Depositary Bank, JP Morgan Chase Bank N.A.
Shhh..... nobody seems to notice.