Its cheap on various metrics and too cheap vs the sector 4.5x EBITDA vs the sector on more than 5 Potential -ve catalust out the way yesterday – the EC are keeping control of the e-plus/O2D decision The main bear case has been tele2 being a disruptive entrant into the dutch market They cant even…
I don’t really understand why people are willing to buy distressed banks in Europe with weak economies behind them but have no interest in one with a world power behind it… Leveraged into German domestic demand which from todays PMI shows that domestic demand might take over from exports as a driver. It is one…
Investor day tomorrow and most analyst are bullish on them.. (11 buys 8 holds and only 4 sells) Well worth keeping an eye on the headlines coming out of the Investor day.. It is a good company but ST i feel they need to accelerate earnings given how it has re rated and any form…