CEL -
Post# of 41
Posted On: 05/09/2015 10:33:24 PM
CEL is the largest Israeli cellular provider; Cellcom Israel provides its approximately 2.967 million subscribers (as at December 31, 2014). which is about 35% market share. In 2012 competition drained this company of profits. They had been giving 7.2% div when I first picked them up. Its now zip.
This is a struggling company but in a very dynamic and tech oriented economy.
If they can pivot they could grow, but if they remain a cell company they are in a race to the bottom as margins are driven out by competition.
I have hung in there, despite the substantial losses to date. If I hear noise about a pivot I will double down... and if not I will take my loss and write it off.
e184
This is a struggling company but in a very dynamic and tech oriented economy.
If they can pivot they could grow, but if they remain a cell company they are in a race to the bottom as margins are driven out by competition.
I have hung in there, despite the substantial losses to date. If I hear noise about a pivot I will double down... and if not I will take my loss and write it off.
e184
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