That said, the stock is dirt cheap, pristine balance sheet and great growth. It also has a decent yield. And being a telecom its a defensive stock in the market that is about to get pummeled.
Another long position .. TEO
Started by
ogm
, Apr 10 2014 10:52 AM
2 replies to this topic
#1
ogm
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Posted 10 April 2014 - 10:52 AM
Telecom Argentina. Yeah, I know, everyone hates argentina
That said, the stock is dirt cheap, pristine balance sheet and great growth. It also has a decent yield. And being a telecom its a defensive stock in the market that is about to get pummeled.
That said, the stock is dirt cheap, pristine balance sheet and great growth. It also has a decent yield. And being a telecom its a defensive stock in the market that is about to get pummeled.
#2
dasein
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Posted 10 April 2014 - 12:12 PM
I love Argentina just not their markets - TEO looks fully valued since it always trades at a discount and look how it got decimated in 2008 - it is not very defensive but it could hit resistance again before crashing so good luck!
even VZ was smashed in 2008....
best,
klh
klh
#3
ogm
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Posted 10 April 2014 - 02:27 PM
And yet look at it today. Holding like a champ in the market that is going to hell in a hand basket.
Everyone love Argentina, and yet keeps their stocks at a discount Ultimate contrarian play
I think they have plenty of room to Grow. They aren't only in Argentina, but Paraguay too. Great growth all around in all business segments. Balance sheet is excellent. 3.8% yield too.
Technically looks very strong too. Easy stop under previous low.
Ultimate contrarian play
I think they have plenty of room to Grow. They aren't only in Argentina, but Paraguay too. Great growth all around in all business segments. Balance sheet is excellent. 3.8% yield too.
Technically looks very strong too. Easy stop under previous low.
Edited by ogm, 10 April 2014 - 02:29 PM.
