(VIP) Vimpel-Communications provides wireless telecommunications services in Russia, Kazakhstan, Ukraine, Uzbekistan, and Tajikistan. The company offers its services under the Beeline, K-mobile, EXCESS, and Armentel brand names. Its wireless services include voice telephony services; value added services, including voice mail, short messaging service, call forwarding, wireless Internet access, entertainment and information services, and music and data transmission services; and access to both national and international roaming service. The company offers these services to its subscribers under two types of payment plans, which include contract plans and prepaid plans. Vimpel also sells wireless handsets and accessories to its subscribers. As of December 31, 2006, it had approximately 55.1 million subscribers. Vimpel-Communications has strategic partnership with Telenor East Invest AS and Alfa Group. The company was founded in 1992 and is based in Moscow, Russia.
Vimple has a forecasted EPS of $1.71 per share, which would give it an estimated Earnings Growth Rate of 29.00% vs a PE ratio of 18 so the stock is very cheap. Stock has held up very well during the decline and was actually up on some of the really bad days. Stock has value til a price of $49.95 per share. Best part of this story is the rest of the world is growing a lot faster than the US and from a very low base and thats where VIP sells. I do not own this stock but its a part of one of my mutual funds. and i looking to go long but i am looking to open a position.
Please note that the subject matter provided on all of the posts on this site is for information purposes only and should not be construed as a recommendation to buy or sell stocks or funds by the author. Investors who do so should do their own due diligence and or consult their financial advisor and are responsible for their own financial decisions.
Vimple has a forecasted EPS of $1.71 per share, which would give it an estimated Earnings Growth Rate of 29.00% vs a PE ratio of 18 so the stock is very cheap. Stock has held up very well during the decline and was actually up on some of the really bad days. Stock has value til a price of $49.95 per share. Best part of this story is the rest of the world is growing a lot faster than the US and from a very low base and thats where VIP sells. I do not own this stock but its a part of one of my mutual funds. and i looking to go long but i am looking to open a position.
Please note that the subject matter provided on all of the posts on this site is for information purposes only and should not be construed as a recommendation to buy or sell stocks or funds by the author. Investors who do so should do their own due diligence and or consult their financial advisor and are responsible for their own financial decisions.
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