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 that it always seems to find more capex to spend, but has seemingly little additional growth to show for it. Let’s say that this company used to be a a high dividend payer, but cut their dividend with the expressed intent to instead make stock buybacks. Let’s say those buybacks never materialized for several years, while the stock languished. Let’s say the company never shows profits on the last line.
From someone who has patiently managed to lose lots of money in TIGO over many years: you did a nice job describing the current situation. Thanks.