Found this recent piece on ROS:
Also passing the screen of international telco services companies with an average rating of 4 or worse is Russia’s OAO RosTelecom (ROS). It dominates Russia’s long-distance phone service, providing service to regional phone operators. It’s also active in data telecom, Internet access, and television broadcasting. Yet be warned: it’s still roughly 60-percent government controlled.
If RosTelecom is the Goliath of Russian telecom, younger, smaller Davids are waiting to topple it. In 2000, it posted a per-share loss of 56 cents as it built out its infrastructure. Analysts expect the company to show a profit in 2001, with earnings per share (EPS) of 59 cents. In 2002, however, analysts expect EPS of only 6 cents.
Its stock, listed on the New York Stock Exchange, hasn’t done badly. Though hitting a new low, in October, of $2.72, the shares rallied by 84.2 percent over the 13 weeks prior to Dec. 21. Even so, a recent ValuEngine assessment concludes that the shares are still 5.36-percent undervalued. |
