Turkcell Iletisim Hizmetleri AS (TKC)
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- Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
- Bullish on Telcos [view article]
- Cash-Rich Non-U.S. Companies Trading in the U.S. [view article]
- Jumping for Joy - Cramer's Mad Money (5/29/08) [view article]
- Fast Money Recap - Talking Turkey (5/14/08) [view article]
- Hello! International Telecom Opportunity Calling [view article]
- The Ins and Outs of Terror-Free Investing [view article]
- Fast Money Recap, 3/27/08: Oracle a False Profit [view article]
- U.S. Equities: Past Returns Not Necessarily Indicative of Future Performance [view article]
- Kelly: Some Portfolio Changes [view article]
- 13 Ways to Invest in Turkey: The Fastest Growing Economy in the World [view article]
Recent TKC Articles
- Bullish on Telcos
- Cash-Rich Non-U.S. Companies Trading in the U.S.
- Ukraine: Overlooked, Yet a Promising Emerging Market
- Fast Money Recap - Talking Turkey (5/14/08)
- Hello! International Telecom Opportunity Calling
- U.S. Equities: Past Returns Not Necessarily Indicative of Future Performance
- Kelly: Some Portfolio Changes
- Kelly: New positions in MCD, TKC
- Thursday's Options Report: FDO, Target, AIG, HOKU, DNA, TKC, FDG
- 13 Ways to Invest in Turkey: The Fastest Growing Economy in the World
- Full List of Articles »
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Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
Ukraine is the everyday reality for me as I work for a Ukrainian investment bank in Kiev. There is a lot of truth – about the positives as well as the negatives – both in the article and the comments. However, now that the Ukrainian stock market has fallen around 70% from its all-time high in January, there are a lot of bargains. Some good companies are even selling below their book value.Jumping in for short-term gains is dangerous, but investing for mid- and long-term makes a lot of sense. Drop me a line at matsak art-capital.com.ua if you want to learn more about Ukraine. Reply
Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
Checked out the Foyil website. Interesting. Anyone here have any experience with it? I'm primarily concerned about any restrictions on cashing out after, say, 4-5 years. ReplyBullish on Telcos [view article]
Here is info on dividend history over the past year for CEL:Cellcom Israel Ltd. announced that it has declared a cash dividend in the amount of NIS 2.76 per share, and in the aggregate amount of approximately NIS 270 million (the equivalent of approximately $0.77 per share and approximately $76 million in the aggregate, based on the representative rate of exchange on August 11, 2008; the actual $ amount for dividend paid in $ will be converted from NIS based upon the representative rate of exchange published by the Bank of Israel on September 4, 2008). The dividend will be payable to all of the Company's shareholders of record at the end of the trading day in the NYSE on August 25, 2008. The payment date will be September 8, 2008.
Cellcom Israel Ltd. announced that the Company's Board of Directors declared a cash dividend in the amount of NIS 2.65 per share, and in the aggregate amount of approximately NIS 258 million (the equivalent of approximately $0.77 per share and approximately $75 million in the aggregate, based on the representative rate of exchange on May 13, 2008; The actual $ amount for dividend paid in $ will be converted from NIS based upon the representative rate of exchange published by the Bank of Israel on June 4, 2008). The dividend will be payable to all of the Company's shareholders of record at the end of the trading day in the NYSE on May 27, 2008. The payment date will be June 10, 2008.
Reuters reported that Cellcom Israel Ltd.'s Board declared a cash dividend of ILS7.18 per share ($2.10) or a total of ILS700 million to be paid on April, 14. This includes a dividend for the fourth quarter of ILS1.78 per share and a one-time extraordinary dividend for the year of ILS5.4 per share.
Cellcom Israel Ltd. announced that it has declared a cash dividend in the amount of NIS 2.06 per share, and in the aggregate amount of approximately NIS 201 million, the dividend will be payable to all shareholders of record at the end of the trading day in the NYSE on August 23, 2007. The payment date will be September 6, 2007. Reply
Bullish on Telcos [view article]
CEL has inconsistent dividends, paid one of $2.10 in March. Was this a one-time divy? ReplyBullish on Telcos [view article]
I update the index quarterly with the last update on 5/5/08 - the historical prices for ETF ticker are $20.64 from a year earlier and $23.77 on 5/5/08. ReplyBullish on Telcos [view article]
How is the ETF ticker up 15%, when chart shows a continually drop since late 2007 & 1 year chart shows really no gain either ??????????????????????... ReplyBullish on Telcos [view article]
Nice to see Cellcom high on the list. I am less bullish on Telco's.. they seem to be having a very hard time increasing wallet share.Internet surfing from the phone is proving a flop and people are talking all they want to, texting all they want to and paying a fixed price. Competition is huge, moving operators easy (since the number migration law)..
Technicals isn't everything.. it shows the past, not future.
Cheers.
Reply
Cash-Rich Non-U.S. Companies Trading in the U.S. [view article]
good info-thanx ReplyCash-Rich Non-U.S. Companies Trading in the U.S. [view article]
According to my data source, the last quarter report for TM showed more total liabilities than cash. ReplyFlorida, CFA
Cash-Rich Non-U.S. Companies Trading in the U.S. [view article]
Why doesn't Toyota make your list? ReplyUkraine: Overlooked, Yet a Promising Emerging Market [view article]
Jitomir,I don't agree with you very last statement. I think if one waits until the political powerplay in Ukraine stops and reforms are being implemented, there is still great upside potential. But at the same time the risks are being mitigated or, at least, minimized to a degree. This is what noone gets about smart investing. You don't have to search for the next best opportunity. Simply identifying an OK opportunity is enough as long as you know that you are covered on the downside. This is what made Buffet the greatest investor of all time. He never really tried to strike gold with each next acquisition or investment. He simply followed the very same rule that it's better to invest in great company with OK potential rather then invest in OK company with great potential. Reply
Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
Kintu,you obviously have not been to Crimea if you think any respectable tourist from West would want to go there. There is zero, I repeat, zero tourism infrastructure and what is there are ruins left from Soviet times. And because of corruption level and criminalized goverment no small business can survive in that environment, meaning the situation will not change until the reforms are going to be implemented. The only reason so many Russians visited Crimea year after year is simple habits that are hard to die all the way back from Soviet times. But even without any threat from Russia, the number of Russians travelling to Crimea every summer is getting smaller and smaller.
michaelschn,
please think next time before hitting the Submit button. You are just embarassing yourself with posts like this. I am not even going to argue with you. Open Wikipedia as Diego suggested and educate yourself of what country Ukraine is before opening your mouth.
Diego,
you answered your own question on what separated Russia and Brazil on one hand and China and India on the other from countries like Ukraine. The first two won a lottery named Oil&Gas, the last two made some significant reforms, both political as well as economical before they started to boom. There are always indicators on when country is about to explode economically. I agree with you that Ukraine is very attractive both from geographical situation and from peoples resource but until they do some meaningful reforms your investment money might just as well be spent playing a roulette. In fact, with roulette the upside potential is always higher and one obviously disregards all risks as you pointed. Reply
Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
I have been on short term teaching visits to Ukraine each year over a period of some 20 years and the economic changes in the last few years are astounding.The economic sector functions reasonably well by ignoring the political turmoil. There are problems in the environment but the opportunities outweigh, lots of locals & foreign investors are very successful.
My problem is how to invest in Ukraine...........ther... is a shortage of investment opportunities for the foreign equity investor, even though there are dozens of new IPOs on Euro exchanges and many more are in planning. As in all investments, one must do due dilligence. There is a radical transformation process taking place in most major sectors. Example: Agriculture has been given up for dead, but in recent years mega agro-industrial enterprises, using the latest technology, have achieved very impressive results.
Last October, I found this kind of company, listed on the Warsaw stock exchange, up roughly 500% in 8 months. Too bad the float is only 20%. But there are numerous similar companies in this sector following a similar business model.
Agree with Diego, this is the time to invest in Ukraine, if you wait for a stable environment, your investment results are likely to be only average. Reply
Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
Netscorer, you can say the same about the Baltic countries where Russian money play very significant role. It creates problems and Ukrainian situation is even more complicated and some fallback is possible. But politically there is no way that Russia can stop Ukraine's affinity to the west.Just think about that Wizzair, a budget airline, in July is about to start flights from the UK to Kiev and Ukrainian Black sea resorts while Russians are threatening to stop Russian tourists visiting the Crimea. I am afraid that Russia may lose this card if the void is filled by the European tourists (no visas, cheap flights, change of destination).
The high inflation makes me cautious to invest in Ukraine right now although CD deposits are actually insured up to $10,000 per bank. Reply
Ukraine: Overlooked, Yet a Promising Emerging Market [view article]
Well, a lot of interesting points here - it looks like the main theme here is "Avoid Ukraine" because of this and that - BUT - imagine this thread was shifted ten years backwards and substitute Ukraine with Russia, Brazil, India, China...i know these are much bigger countries with lots of natural resources, but back then a lot of people was raising the same questions about politics, infrastructures, energy, inflation etc etc - the point is, once an economy is in its infancy it's easier to overweight the risks and overlook the opportunities.To michaelschn: come on! Climate the big difference? What about the baltic states, scandinavian states or Canada then? they should all be living in the dark ages according to you. Besides, back in soviet times, Ukraine was providing most of the crops for all of the CCCP. Open Wikipedia and read about the climate in Crimea - you'll find out something interesting.
Once again, some of you are missing the point: we're dealing with Frontier Markets here, so avoiding risk shoud be taken out of the picture and thus risk shouldn't be made the case against investing in a frontier country. What i was stressing is that, compared to other frontier markets, Ukraine is overlooked; i am not complaining for the lack of a single country etf or fund, although i would like to see one, but for the lack of interest from the financial community in a country that has a lot of upside potential.
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."
- Sir Winston Churchill - Reply