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Strategies & Market Trends : Value Investing

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To: Dennis 3 who wrote (48152)5/29/2012 10:49:11 PM
From: Spekulatius  Read Replies (2) of 78744
 
NTL is a discounted version of TEO (holding company with TEO as the primary asset) Worth a look too, imo.

It is discounted because it had preferred shares that had accumulated unpaid dividends. If TEO had paid a dividend, NTL would have cleared the outstanding preferred payments (I think) but of course that did not happen.

I do think that NTL trades at a decent discount to TEO (20%+) but I have not looked at it recently.The following board had some discussion on this (Batman10023).

Subject 58610

Sorry for the vague info but I have not looked at the valuation of NTL versus TEO too closely, since I decided that Argentina at this point is un-investible at (almost) any price.
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