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An open joint stock company, which offers telecommunications services.
Price targets raised to $12-$15 by generic services.
High dividend yield stock in stable yet growing sector. Also gives exposure to emerging markets in Russia and Eastern Europe.
Long Term Outperform.
Russia and too cheap
Large cap stock with small P/E, price over 14-day moving average.
Effort to pick good longterm stocks
stagnant. gonna go against the grain again here
Check out VIP's coverage area. This company is an early entrant in areas I expect to see massive wireless growth. What are they, fifth largest?
VIP is doing really good on Russian market. It also spreading around all over ex-USSR countries like Uzbekistan , Kazakhstan which are developing countries , and it is an open market for VIP with a lot of potential for growth
cheap and good growth prospects
Huge potential and underpriced for the value
Oh my. The worlds fifth largest telecommunications provider, getting hit like it deserves to be at rock bottom. Does someone not realize the significance, maybe downright reliance on cell phones these days? or should i even call it cell phones, maybe i should say palm sized computers. This stock will be more important that the worlds largest oil provider one day i'm sure. Really, raise your hand if you don't have a cell phone..... And well, once the high tech gets to other countries as much as it is here, where my life can be run by the iphone for the most part.... this will be a high rising stock, very profitable
Domestic demand play
This stock should have a lot or potential for growth!~ However, remember you are dealing with Russia and former Soviet countries that havent given up on Socialism. Once a firm does well govt and beureaucrats expect, demand, their cuts. Always ask, can growthi outgrow the corruption in these coutries!
As Russia continues to become more affluent it will continue to need more cell phones and wireless. VIP is the leader and will remain there.
Tim Seymour recommended today on Fast Money, Great Telcom stock in emerging markets
telecommunications have been lagging this rallly....buy when no one is!
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