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 situation is still unresolved, but I think it has a great dynamic, given some patience. Many investors want to pick bottoms and tops, and that’s fine if they can do that, but that is not my approach. I look forward to some further messages about how completely wrong I am the next time the stock drops a few percent. I love you guys too.
Thanks for the update! I agree with your views here. Now it all falls in the hands of the management team to allocate capital wisely. They are getting an incredible injection in the best time they could. They have three potential projects that could restart, or buy assets in the market.
Back of the envelope calculation, they could acquire 240M in assets (120M from MFG + 120 leverage), get a 6% yield, could make ±6M extra of PFPM (45% margin) ceteris paribus. They currently make ≈16M.
Comparing a potential multiple with the main real estate companies in the Nordics, I feel that Eastnine is still attractive.
Hey!
Thanks for the update! I agree with your views here. Now it all falls in the hands of the management team to allocate capital wisely. They are getting an incredible injection in the best time they could. They have three potential projects that could restart, or buy assets in the market.
Back of the envelope calculation, they could acquire 240M in assets (120M from MFG + 120 leverage), get a 6% yield, could make ±6M extra of PFPM (45% margin) ceteris paribus. They currently make ≈16M.
Comparing a potential multiple with the main real estate companies in the Nordics, I feel that Eastnine is still attractive.
tigo is\was priced longterm cheap with POTENTIAL for short-term catalyst. trolls want gullible guarantees in real life? there is a twitter for that.