Millicom International Cellular(MICC). It's a telecom company that sells prepaid phones in the developing world. Back in February, They released their Q4 results from '06:
Subscriber increase for Q4 of 99%, bringing total subscribers to 14.9m*
99% increase in revenues for Q4 to $544m (Q4 05: $273m) *
71% increase in EBITDAfor Q4 to $229m (Q4 05: $134m) *
Profit before tax for Q4 of $99m (Q4 05: $76m) *
Net Profit for Q4, including discontinued operations, of $50m (Q4 05: $16m)
Basic earnings per common share for Q4 of $0.50 (Q4 05: $0.16)
71% increase in revenues for the full year to $1,576m (2005: $923m) *
64% increase in EBITDA for the full year to $717m (2005: $438m) *
Profit before tax for the full year of $354m (2005: $171m) *
Net Profit for the full year, including discontinued operations, of $169m (2005: $10m)
Basic Earnings per common share of $1.68 for the year to Dec 2006 (2005: $0.10)
ROE: 53.6%
ROA: 11.1%
ROC: 17.1%
Gross margins: 64%\
This stock is pricey and volatile, but you should use the inevitable dips as a buying opportunity. The developing world is where telecom will make its money in the future.
$76.26 (09/19/07)
