I've seen those estimates but I'm sceptical. I don't see any reason for them from results or management so I'm guessing they're based on economic improvement in Brazil. Even then 10-11x 2 years out isn't amazing for an EM telco, plenty can go wrong in that time.
Telecoms are hard. Earnings estimates show large EPS growth in EPS thought
I've seen those estimates but I'm sceptical. I don't see any reason for them from results or management so I'm guessing they're based on economic improvement in Brazil. Even then 10-11x 2 years out isn't amazing for an EM telco, plenty can go wrong in that time.
sounds like my experience with tlk...i expected mediocre management (by EM criteria) to take advantage of their scale and mkt position.
congrats on 5yrs, i hope you always keep an option open to enjoy it regardless of the frequency.
Appreciate the comment too. Sometimes it can feel like you're writing for about 5 people lol.
TLK looks remarkably similar at a glance. I might have to take a look, I'm a glutton for punishment 😅