paging Kirk

[DOGS THAT BARK]

An opinion please-
Anythoughts pro or con on this stock?
Thought maybe with strength of $ and already healthy dividend it might be worth a look to park some cash.
What say you?

Telecom de Sao Paulo S.A. (NYSE: TSP)

Financials & Ratios

Book Value/Share ($) 9.03
Cash Per Share ($) 2.76
Current Ratio 1.20
Div/Yield % 12.20
Indicated Annual Dividend ($) 2.62
Latest Div. Date Sep 23, 2005
Float? 0.00
Market Cap? 10,627.04
P/E (TTM) 12.60
Price/Book 2.38
Price/Cash Flow (TTM) 7.80
Price/Revenue (TTM) 2.10
ROA (TTM) 11.90
ROE (TTM) 18.90
Shares Out? 493.59
Total Debt/Equity 21.00

 

[selkirk]

DTB the company provides mostly fixed line telephone service in the state Sao Paulo. which accounts for roughly 20% of Brazil population. also one of the wealthiest in the country.

it is not a monopoly and not sure on the competition in that area. however their earnings and revenue grew well 1yr and 5 yr.

the large Spanish telco Telefonica owns 84-86% of the company, and thought they were going to buy out the rest.

believe they have stated they want total ownership of the company.

stock low volatility ( last six months anyways), and technical basis would be a buy/weak buy.

might be a decent place to park some money not sure if or when Telefonica takes them out. not bad sign when a major telco owns 85% and wants more.

also not sure how wireless is growing. for instance in Europe or North America would only be interested in companies with growing wireless operations.

hope it helps

thanks
selkirk

 

[DOGS THAT BARK]

Didn't know they did only fixed lines which is important factor--thanks for heads up. Might park a little anyway but not like I anticipated--Thanks as always--just the info I was looking for.