OIBR: Be greedy when others are fearful.
Market cap 5.7 BRevenue 12.45 B52 wk range (0.63-2.34)Price/book 0.2Debt 15.9 B
OIBR at 0.67 is dirt cheap.TEF's price/book is 2.57AMX's price/book is 5.24OIBR's price/book is 0.2
Strong leadershipZeinal Bava started as CEO of OIBR in June of 2013. He was awarded best CEO in investor relations in 2009. In 2010 and 2012 he was best CEO in European telecommunications. In 2011 he was 2nd best CEO in European telecommunications. He was also best CFO in European telecommunications in 2003, 2004, and 2005.
OIBR has a large amount of debt. They have had decreasing earnings over the last few years. They recently had a massive share offering in May of 2014. They offered 2.14 B common shares and 4.28 B shares for 0.90 to 0.97 USD.
I believe there is fear that OIBR could offer additional shares at even more distressed prices to make up for a 1.1 B shortfall from PT. As of March 2014 OIBR had 10.8 B in liquidity. I believe that they have enough liquidity to remain competitive even if they don't get any additional money from PT.
There are reasons to be fearful. I feel that this fear is priced into the stock price and I'm personally using this fear to be greedy.