Archive - alwaysinvert investing

Tigo Q4 preview and a bit on the Carlos Slim empire

Note: This post was written before Iliad bought Kinnevik’s stake in Tele2. I did not intend to write anything more about Tigo at least until something…

Feb 25 •

January 2024

Is Tigo a future cannibal?

As of this writing, the auction process for buying parts or all of Tigo’s new towerco Lati is ongoing. My working assumption is that the outcome …

Jan 8 •

December 2023

Short comments on four of my holdings

Gotlandsbolaget, Tingsvalvet, Bredband2, Ferronordic

Dec 14, 2023 •

November 2023

Baltic Horizon Fund is in bad shape

I must admit to being a bit surprised that no unit-holders in Baltic Horizon Fund (BHF) contacted me in the last week. Perhaps what I wrote didn’t reach…

Nov 5, 2023 •

October 2023

Is this Eastnine's next deal?

As I stated in my last post, Eastnine is now in an enviable position. Not only are they cash-rich, they are also present in a market where yields are…

Oct 27, 2023 •

August 2023

Eastnine exits Russia

Hello again. Hope all of you had a good summer. This year, I became the Millicom blogger. That was never my intent, it just kind of happened. The…

Aug 14, 2023 •

May 2023

Millicom adds another catalyst in Colombia

May 30, 2023 •

March 2023

Millicom, The Art of the Deal

Since my last post, Xavier Niel first stepped over 20% in Luxembourg (including treasury shares). He was then invited to join the nomination committee…

Mar 29, 2023 •

Millicom saga, phase 2.01

Don't read if you are growing tired of me pontificating

Mar 16, 2023 •

February 2023

Millicom saga, phase 2

Xavier Niel goes above 20% and files a 13D with the SEC, stock still worth $40

Feb 27, 2023 •

Keep your eyes on the ball

Millicom is worth at the very least $40 per share

Feb 12, 2023 •

A hypothetical scenario in a hypothetical stock

Let’s say that there is a company in an unpopular and forgotten part of the world. Let’s say that this company is active in a boring, stale sector and…

Feb 7, 2023 •

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