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NII Holdings: Shares Multiply In Short Order, What’s Going On?

June 20th, 2018 · No Comments

  • The shares of this Brazilian telecom provider have multiplied more than tenfold(!) since the lows last December.
  • While there is improvement on a number of dimensions, the company still makes significant losses, bleeds cash and has a large debt.
  • So we find it difficult to ascribe the dramatic share price jump to these operational improvements.
  • It’s more likely a proposed regulatory change, which might more likely mean the company can be acquired or sell assets, is responsible for the jump.

Source: NII Holdings: Shares Multiply In Short Order, What’s Going On? – NII Holdings, Inc. (NASDAQ:NIHD) | Seeking Alpha

Tags: NIHD