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$4.78 0.10 (2.14%)
7/23/2008 4:02 PM

Mahanagar Telephone Nigam Limited (ADR) (MTE)

CAPS Rating:
*****

The Company is the principal provider of fixed-line and other basic telecommunications services in Delhi and Mumbai. It also provides internet and cellular services in both Delhi and Mumbai.

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What the Community Thinks

Mahanagar Telephone Nigam Limited (ADR) At A Glance

Current Price: $4.78
Last Trade Time: 7/23/2008 4:02 PM
Open: $4.73
Previous Close: $4.68
Daily Range: $4.68 - $4.86
52-Week Range: $4.05 - $10.75
Volume: 341,017
Market Cap: $1.47B
P/E Ratio: 5.57
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Stock Trends

MTE VS S&P 500 (SPY)

MTE 12 month chart vs. S&P

News & Discussion Boards

Top Bull Pitch

Recs

1

Mahanagar Telephone Nigam Limited (ADR) (MTE)

Avatar floridaland (34.07) Submitted: 4/01/08 10:10 PM

A very strong company with strong hold in major markets in India. Has a great potential to grow or to be bought out

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Top Bear Pitch

Recs

2

Mahanagar Telephone Nigam Limited (ADR) (MTE)

Avatar sullivan241 (< 20) Submitted: 1/31/08 10:16 PM

How is this a cellular stock? Has only 2 mill cell subscribers, in contrast competitors are adding that many new customers a month! They are a fixed line and land line company that is way behind on India's booming cell phone industry.

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Recs

0

 (MTE)

Avatar lwayne232 (30.61) Submitted: 7/03/08 12:07 AM : Outperform Start Price: $4.10 MTE Score: 15.72

Beaten down. Time for a rebound.

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Recs

0

 (MTE)

Avatar abh2lde (56.73) Submitted: 6/30/08 3:46 PM : Underperform Start Price: $4.26 MTE Score: -12.18

> owned by govt of India - not so professionaly managed


> poorly managed company with a large collection of goverment employees


> highly compitative industry - phone operations in Indian metros - Mumbai and Delhi. Losing market share to private players in regular basis


> main thrust is is in landline phones - going to be insignificant soon


> low investment in technology and expansion for several years

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Recs

0

 (MTE)

Avatar valu3buff (47.26) Submitted: 6/27/08 7:39 PM : Underperform Start Price: $4.30 MTE Score: -10.94

"We have received a demand from the state government of Maharashtra, of which Mumbai is a part, for payment of Rs.1.9 billion in sales tax for fiscal 1989-2000 on certain telecommunications revenues, mainly telephone rental charges." - 20-F filing, Oct 2007

1.9 billion rupees is $44m - seems scary to me.

Also, we're talking about a gov't owned company that is losing market share to Tata and other providers. I'm pretty sure Tata is not government owned, and given the bureaucratic bog that is India's civil system, I don't expect the kind of decisive action that this company needs taking place.

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Recs

0

 (MTE)

Avatar outoffocus (67.24) Submitted: 6/24/08 4:16 PM : Outperform Start Price: $4.45 MTE Score: 10.09

stock is severely undervalued. I calculated the book value per share as $6.52. Current share price is $4.40. Pays a 5% dividend. Sounds like a Buffet pick to me.

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Recs

0

 (MTE)

Avatar jdlech (< 20) Submitted: 6/19/08 12:29 PM : Outperform Start Price: $4.70 MTE Score: 6.29

Long term dividend pick

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