VEON Ltd. (VEON)

[MLR_Lite]

Already in progress. hopefully it will stay in this range for another couple days (speaking selfishly of course).

[MASTERULTRA]

Transfer your money over to TD AMERITRADE ASAP... this will blow up.
My friends and I bought a total of 100k shares.

[MLR_Lite]

I wanted to buy some but stupid etrade wont let me buy even when I call them.

[LowMarketCap]

$VEON CEO letter to investors and partners 15 March 2022

Amsterdam, 15 March 2022 –VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON),

https://www.veon.com/media/media-releases/2022/veon-ceo-letter-to-investors-and-partners/

VEON, a leading global provider of connectivity and internet services, has today, given the recent market volatility, provided our investors and partners with an update on our business setting out how we are successfully navigating through the current turbulence.

In the update, VEON’s Chief Executive Officer Kaan Terzioglu comments on the following points:

Strong liquidity profile

Our business is strong, and we are well placed to weather the current storm.

The credit rating agencies define our liquidity margin as strong (Fitch) and sound (S&P). At the end of February 2022, VEON had USD 2.1 billion in cash and deposits, of which USD 1.5 billion at headquarters, held with international banks from the European Union, the United States and Japan. On top of that, VEON has a USD 1.25 billion committed revolving credit facility available to it (of which USD 820 million remains undrawn) from a group of diversified lenders headquartered in the United States, Europe and Asia.

On 1 March 2022, VEON repaid USD 417 million of maturing bonds, and on 9 March 2022 it pre-paid and closed a RUB 30 billion (approximately USD 259 million) interest-bearing loan with VTB Bank. Following this payment to VTB, VEON has no further loans outstanding with VTB. VEON has no additional debt maturities at its HQ level for the rest of 2022.

We will of course continue to maintain financial discipline, underpinned by our strong liquidity position and our resilient operating profile.

VEON is a global telecoms operator

We are proud to provide to our 218 million customers connectivity and digital services. These are essential for a combined population of 680 million in the nine countries where we operate.

We continue to execute on our Digital Operator strategy across our markets, pursuing all growth opportunities enabled by our Digital Products portfolio.

VEON shares are listed on NASDAQ in New York and EuroNext in Amsterdam. Our company is run by a diverse and international management team, with oversight from an independent Board of Directors. We have a globally diverse investor base, comprising of shareholders from around the world, and with no single controlling shareholder. VEON employs more than 60,000 people worldwide.

Confident legal position

I want to be absolutely clear: VEON is not the subject of any sanctions imposed by the European Union, the United States or the United Kingdom, and our counterparties’ ability to continue to do business with us has not been impacted by these measures.

We have received numerous questions regarding sanctions against a former director and indirect shareholders of VEON, so let me also address that particular concern.

Following the imposition of sanctions on Mikhail Fridman and Petr Aven on 28 February 2022 by the Council of Europe, Mr. Fridman has resigned from his position as a member of the Board of VEON. Mr. Fridman and Mr. Aven have also resigned from their positions as members of the Boards of Directors of LetterOne Investment Holdings S.A., LetterOne Holdings S.A. and LetterOne Core Investments S.a.r.l. (“LetterOne”).

Furthermore, I would underscore that LetterOne does not have a controlling shareholding stake in VEON—neither as a matter of governance nor as the concept of “control” as interpreted under applicable law.

Protecting our employees and customers

We have been taking specific actions and will be doing all that is in our power to protect the safety of our employees and their families affected by the conflict. We continue contributing to humanitarian support across all our countries. And our technology is more relevant and necessary to our customers than ever before, ensuring continued connectivity, access to information, and it is also being used to help millions of displaced people and locate missing persons.”

Committed to further engagement with our stakeholders

In closing, VEON’s Chief Executive Officer Kaan Terzioglu notes, “Continued engagement with our stakeholders is more important than ever. We deeply value our relationship, and we will continue to maintain an open dialogue, providing you with timely, accurate and relevant information about VEON’s strategy, plans and performance”.

About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services. For more information visit: www.veon.com

[LowMarketCap]

New 13F filled with SEC EXOR increased holding in $VEON, from previously 78 mils ownership disclosed in Dec, to 89 mils as on March 3rd 2022

https://en.wikipedia.org/wiki/Exor_(company)
https://exor.com/

https://www.sec.gov/Archives/edgar/data/1468091/000119312522074469/d290507dsc13g.htm

[LowMarketCap]

Rebranding took $VEON from 100.00/share to sub$, on similar revs performance. They have always been profitable.
(See pic below// the upcoming divs might be better then this pps, when they will get reinstated, as they plan to.)

2008 article//compared to 2022 situation

Huge management changes in 2020, Current CEO is TOP, came along from Turkcel.
(along with COVID and the nastiest small cap correction in history.. and the recent "special operation" in RU )
lol

Vimpel Communications Is a Telecom VIP
Mar. 31, 2008 6:19 PM ETVEON Ltd. (VEON)
https://seekingalpha.com/article/70614-vimpel-communications-is-a-telecom-vip

I'm starting to get very interested in Vimpel Communications (VIP), a Russian mobile (moving to integrated) telecom player. I've invested in this stock a long time ago in my personal account (2004-2005 time frame) and after falling asleep a few times watching it do nothing, sold it off - of course much too early. Starting in middle 2006 it's rocketed, along with its peer Mobile Telesystems (MBT). The pickings in US listed Russian stocks are extremely limited; most choose to list in London (I suppose its a Cold War thing...). Many stocks are also simply a proxy on the energy trade, of which there are easier ways to play then going through Russia.

I've also had my beefs with the way business is run in Russia, but upon reflection and watching how the US business world works, I can't really say we are not throwing rocks from our glass house to criticize any other economic/political system, after what we do in our system that generally transfers wealth up to the elite few (no different than Russia, just with better packaging).

First, let me preface this by saying I don't touch US-based telecom because it's a saturated market, and I like secular growth. I even have been a bit wary of international telecom because frankly it seems to go from growth to saturation quite quickly, and Russia is already appearing to be hitting that situation; but some of the moves from Vimpel of late have been interesting, especially its move to become an integrated player combining land line with its mobile business, creating the potential for "package" services that are very popular in the US. Back in late December, Vimpel announced a $4.3B deal to buy Golden Telecom - that pretty much marked the top in Vimpel stock price, north of $45.

Russia's OAO Vimpel Communications agreed to buy broadband and fixed-line operator Golden Telecom Inc for about $4.3 billion. Under the deal announced Friday, VimpelCom will pay $105 for each Golden Telecom share, a 5% premium to where the shares closed Thursday.
The deal gives VimpelCom, Russia's second largest mobile operator, a foothold in Russia's growing market for broadband, as well as the slowing business of fixed-line telephony. Golden Telecom is also Russia's largest player in the business of providing telecommunications services to businesses.
As usual, the minute a deal is announced the acquirer gets struck down, and seems to have a ceiling on it's stock price - in Vimpel's case, it's been an even uglier road as the company has lost over 35% of its value in just over 3 months. But the transaction completed in late February 2008 so that overhead should begin to dissipate. Even as recently as a month ago the stock was near $39, but a "disappointing" earnings report mid month along with general retrenchment from the Russian market has booted the stock.

By disappointing I mean "wonderful growth numbers but not good enough for analysts".... a typical situation on Wall Street. My 2 risk factors are relative saturation of the Russian mobile market, plus degrading margins (in this case attributed to stock based compensation)- but the risks at $29 should be far less than the risks at mid $40s or mid $30s.

Vimpelcom (VIP), Russia's No.2 mobile phone operator, on Wednesday posted an 86 percent jump in fourth-quarter net profit but fell short of market expectations and saw its shares fall by about 5 percent.
The net profit, in U.S. GAAP terms, was up to $368.1 million against an average forecast of $401.5 million in a Reuters poll of nine analysts.
The OIBDA margin fell to 45.7 percent from 47.5 percent a year ago, below analysts' forecasts of about 49.3 percent.
"This shortfall to expectations was primarily due to higher than expected expenses related to stock-based compensation for management, which is a non-cash and non-recurring item," analysts from Uralsib Bank wrote in a results review.
Vimpelcom's Chief Executive Officer Alexander Izosimov told reporters the expenses amounted to $118.7 million in the fourth quarter, up by $78.2 million from the third quarter and by $94.5 million over the fourth quarter of 2006. "As the share price rose by more than 50 percent in the fourth quarter, allocations to stock-option programmes increased. This has no burden on the company's cash flow," Izosimov said.
Without those expenses, Vimpelcom's OIBDA margin would have exceeded 50 percent, the company said.
Vimpelcom, said revenues were up 38 percent to $2.01 billion, but again missed the analysts' average forecast of $2.025 billion.
The average monthly revenues per user (ARPU), an indicator of client quality, rose in Russia to $13.50 from $10.90 in the fourth quarter of 2006 and was slightly higher than a poll figure of $13.40. In Kazakhstan, Vimpelcom's second-biggest market, the ARPU fell to $13 from $13.80, above a market view of $12.60.
In 2007 as a whole, Vimpelcom's total revenues rose by 47.3 percent to $7.17 billion, while OIBDA amounted to $3.6 billion.
"The main potential for growth is in broadband Internet. Growth will be rapid, similar to what we saw in the mobile phone market," Izosimov said.
Golden Telecom also appears to be quite a healthy company...
Russian fixed-line telecoms operator Golden Telecom, which has been recently acquired by Vimpelcom (VIP.N), said on Tuesday its full-year 2007 net profit rose by 78 percent to $152.6 million.
The company said in a regulatory filing its 2007 revenues, to U.S. GAAP, rose 51 percent to $1.29 billion from $854.62 million in 2006.
These are just not the type of numbers you see in US based telecom.... or Western Europe. And the Crackberry is coming to Russia through Vimpel as well...
Subscriber growth has slowed in Russia, where most people already use cell phones. But users there are burning up more minutes on mobile phones and sending more text messages, boosting the company's revenue. Izosimov wants to keep moving in that direction.
And VimpelCom plans to start selling Research In Motion's (NasdaqGS:RIMM) BlackBerry devices in Russia in early 2008.
"At first, it looks like a luxury category to the population. Then, it becomes absolutely normal because disposable income reaches a certain level. There's a lot of intrinsic value in the communications (ability) we provide."
Izosimov says wireless usage has boomed even in Kazakhstan, where food inflation has roiled consumers. In 2008, he says, VimpelCom will focus on adding more high-spend customers in Kazakhstan, not just subscriber growth.
In Ukraine, though, VimpelCom will be focused on grabbing market share. VimpelCom has 2.2 million active subscribers in Ukraine and needs to double that, he says.
VimpelCom hopes to get a lift from entering its first market in Southeast Asia in 2008. It's in talks for a joint venture in Vietnam.
Technically, the chart is at an interesting place. The stock has pulled back all the way to its 200 day moving average which is a key technical support/resistance level. A break through this level and the stock could break down much further - a bounce off this level, and we should be in good shape. $29 is also the area the stock sold off to in the January panic, so it is again - simply a key technical level to hold. If we do get a rebound here the $34s provide some resistance as the 50 day moving average is there (and falling sharply by the day).

In terms of profits, we are looking $2.00 in 2008 EPS and $2.50 for 2009 - I would anticipate a 18-22% type of growth rate for the next few years as mobile (and land line) slow down to saturation but broadband starts to take off in mother Russia. So we have a forward P/E ratio of 14.5 compared to Mobile Telesystems (NYSE:MBT) sub 12, but Vimpel has (in general) the better operational metrics.I will be watching Vimpel

for a reversal off of these levels, and will be interested in buying north of $30-$31 or if there is a break of this support level (from which the stock could drop quite a bit to reach any new support). But from a fundamental point of view, while saturation always overhangs any telecom player, the macro trends of natural rich Russia will probably lend to an easier time on the middle class of that country relative to the US in the next few years - despite the dysfunctional governments of both.

Above article was posted in 2008/ a year later after the 100.00/share price adjustment
the 100.oo ++ fact .. :) go read:
https://www.veon.com/media/media-releases/archive/vimpelcom-announces-adr-ratio-change/

Since VimpelCom’s last ratio change in November 2004, VimpelCom's price per ADR has risen from approximately $40 to over $100.

& this one, from 2017 Rebranding + ticker Change

"
Amsterdam (3 April 2017) – VEON Ltd. VEON (formerly known as VimpelCom)
https://www.veon.com/media/media-releases/2017/veon-to-list-on-the-euronext-amsterdam/
first listed on the New York Stock Exchange in 1996, and now trades on the NASDAQ Global Select Market since 2013.
Shares of VEON are expected to start trading in Amsterdam tomorrow at 0900 CET under the symbol VEON.
Rebrand and Company repositioning.
The Company’s intention to change its name to VEON was announced at Mobile World Congress on 27 February 2017 as part of the Company’s repositioning from a mobile telecom operator to global tech player. "

lol







2021 end of year revs // much better the 2007 (7.1B)

[LowMarketCap]

Recent statements made by $VEON largest shareholder!!

Great people, that care about Ukraine and all its employees all over the world.

L1 Technology owns a 47.85% voting stake in VEON, the global telecoms company headquartered in Amsterdam, and a 19.8% stake in Turkcell, Turkey’s leading telecoms operator.
another great insight article here:
https://www.letterone.com/news-and-insights/2020-year-in-review-l1-technology/

https://www.letterone.com/news-and-insights/changes-to-l1-board-and-major-charity-initiative/

As this terrible war continues to ravage Ukraine and its people, the board of LetterOne is taking all action necessary to protect the 120,000 jobs LetterOne’s investments support and to help people in desperate need in Ukraine.

Mikhail Fridman and Petr Aven’s shareholdings are frozen indefinitely and they cannot receive dividends or any other financial benefit from LetterOne.

Today we announce further steps. German Khan, Alexey Kuzmichev and Andrei Kosogov have resigned from all positions at LetterOne, including the board. None of these three individuals has been sanctioned, but they believe that this is the right thing to do in the long-term interests of LetterOne its employees and the many jobs it supports in its portfolio companies.

In addition, the board have decided to make a substantial donation of $150 million to support the urgent work underway to help those affected by the war in Ukraine. We know that everyone at LetterOne, including our founders, support this action. LetterOne’s shareholders have also agreed that all dividends from LetterOne will be paid to ongoing relief efforts for the foreseeable future.

This means that LetterOne’s shareholders have agreed not to benefit from LetterOne’s business activities and will cease to have any day-to-day involvement in them. We will now focus all our efforts on supporting the businesses we own and invest in, and the many people working for them in communities across the UK, Europe and the US.

L1 will work with stakeholders to ensure this money will have the maximum possible impact.

Mervyn Davies, Chairman of LetterOne said:

“The new board and I will focus on protecting the enormous economic and social contribution LetterOne makes. I am also determined to ensure that the 120,000 jobs throughout the UK US and Europe are protected. We know that everyone involved in L1, including our founders, would want us to take these steps given their love and passion for and heritage in Ukraine.“

German Khan said:

“The majority of LetterOne founders have deep roots in Ukraine and the destruction of the cities where I spent my childhood and which are home to the graves of our ancestors is heartbreaking. The recent bombing of the Babyn Yar holocaust memorial centre, which we funded and helped create feels inconceivable.

My partners and I stand for the earliest end to war and will do all we can to help those affected – whether employees of our businesses in Ukraine, or victims of the violence. We fully support the board’s actions in this matter.”

LetterOne
© Letterone Holdings S.A. 2021
© Letterone Investment Holdings S.A. 2021
[phone]
Email us
1 - 3 Boulevard de la Foire, L-1528 Luxembourg
SITE

Another good one to watch:
VEON's Group Chief Executive, Kaan Terzioglu on Sky News
https://www.veon.com/media/media-releases/2021/veons-group-chief-executive-kaan-terzio%C4%9Flu-on-sky-news/










































































$cei $hymc $agri $rdka $rig $ensv $nine $mndt $usws $op $husa $tmc $nak $sco $useg $sunw $gpl $Gte $Kala $wprt $plsv $muln $tqqq $amd $xlf $f $t $impp $eem $oxy $xom $ccl $sndl $vale $nio $siri $bb $t $Vz $amc $gme

[LowMarketCap]

Who would have thought, that you could buy a once 100.oo/share company sub dollar level, while there is nothing wrong with it, aside of the regional conflict in Russia.


Go and spend some time on their website. Full disclosure company: from recent news, to past deals, to debt and all.. unlike some others who trash them out, without knowing anything about them.
https://www.veon.com/media/media-releases/

1) Re-branding, and moving exchanges from NYSE to Nasdaq along with Ticker symbol transition from VIP to VEON cost them an arm and a leg
They got lost in transition, under the radar and undervalued by huge margins.
Quoting an Official PR from that period:

" Amsterdam (3 April 2017) – VEON Ltd. VEON (formerly known as VimpelCom) first listed on the New York Stock Exchange in 1996, and now trades on the NASDAQ Global Select Market since 2013.
Shares of VEON are expected to start trading in Amsterdam tomorrow at 0900 CET under the symbol VEON.
Rebrand and Company repositioning.
The Company’s intention to change its name to VEON was announced at Mobile World Congress on 27 February 2017 as part of the Company’s repositioning from a mobile telecom operator to global tech player. "
https://www.veon.com/media/media-releases/2017/veon-to-list-on-the-euronext-amsterdam/

2)

"In 2007 as a whole, Vimpelcom's total revenues rose by 47.3 percent to $7.17 billion, while OIBDA amounted to $3.6 billion."

stated a SA article while they were traded on NYSE as VIP ticker symbol, at about usd 30.oo/share
https://seekingalpha.com/article/70614-vimpel-communications-is-a-telecom-vip


3) Telenor Norway had a huge stake in Veon at some point in time.
Their exit strategy and time dragging selling techniques put a lot of pressure on the price.

In 2019 they finally exited, and everyone was cheering.
Since then they had to face Covid related Small Cap market downtrend and as a final trial this "special operation in Russia".
https://telecoms.com/501046/telenor-finally-gets-rid-of-its-stake-in-veon/


4) Aside from the recent 970 mils deal, they are looking to leverage their 50,000 tower asset network with a combination of sales, leases or other build to suit agreement into 2022.

One big Pending Deal, with Algerian National Investment Fund (FNI ) announced and awaiting 3rd party review and fair valuation;Neither Djezzy, nor Veon, nor Fonds National d’Investissement (FNI), Algeria’s National Investment Fund, have stated the price being paid for the stake.FNI has owned a controlling stake in Djezzy’s holding company, Omnium Telecom Algérie, since 2015, when it paid US$2.643 billion for 51%
https://www.capacitymedia.com/articles/3829004/veon-exits-algeria-by-selling-djezzy-stake-to-government-investor


4Facts, all true.
Veon is beyond undervalued and is a steal at these uncomprehending prices.


Same company different symbols and time frames.. Unreal steal today
Please share this info, some have no idea, is a safe and sounf investment and not a BK'ed company judging the current prices..

Read company direction and recent developments:
VEON boss: 'We are going to be the hypergrowth telco'

News Analysis
IAIN MORRIS, International Editor
https://www.lightreading.com/videomedia/veon-boss-we-are-going-to-be-hypergrowth-telco/d/d-id/773930
12/7/2021
COMMENT (0)

VEON investors are as used to bumpy rides as amusement park addicts. But the emerging-markets player has found some form under CEO Kaan Terzioglu, who previously led Turkcell. For its most recent quarter, it managed a double-digit percentage rise in sales, while its underlying profitability was up 9%. It is now forecasting the sort of growth that most operators in developed markets have not enjoyed since smartphones were a novelty.

amazing growth ahead, YES there is exposure to Euro/Asia alone but what do US markets know about that area?.. not much anyhow, but everyone recognizing the growth potential, with or without recent drama
VEON is a holding co, having ALL its subsidiaries running in a decentralized model, as domestic companies.
as per recent PR's.. they are not Subject to any SANCTIONS .. just dealing with currency conversions impediment for the time being.
But that could change as well... we don't know.

the 100.oo ++ fact .. :) go read:
https://www.veon.com/media/media-releases/archive/vimpelcom-announces-adr-ratio-change/


2008 chart, when VEON was trading as VIP on NYSE

[yankee2]

VEON .3687 Wow, Big drop.have to watch it

https://www.barchart.com/stocks/quotes/VEON/technical-chart?plot=CANDLE&volume=total&data=WO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=VEON&grid=1&height=500&studyheight=100

glta

[mid-day-marky]

Cash position is bigger than the market cap. Unreal.

[mid-day-marky]

Name a .36 stock that’s over 2 Billion in $,yes Billion.

[LowMarketCap]

Exactly. Glad you realize this.

[LowMarketCap]

how about it? as soon
as this obvious games are done, this should resume to way more

Check this out.. from 2007 and now: lots of transformations going.
But it never been a penny stock.
Just got lost in the transition, name changes and past few years trading under the radar.



Back in 2007 they did a forward split since the pps was too high
4 adr's for one ration

100 to 20 >> went back to 40,
before the re branded and changed name as VEON, they were VIP

sishhh

2007 on NYSE
New-York listed Vimpelcom said it would change the ratio to 20 ADRs for one common share from four ADRs for one common share previously. The new ratio will be effective Aug. 21.

“Vimpelcom’s ADR ratio change demonstrates our commitment to making the company’s shares accessible to the broadest investment community, including to retail shareholders,” Chief Executive Officer Alexander Izosimov said in the statement.

The firm last changed the ratio in November 2004, and the stock has since risen to over $100 per ADR from $40
------------------

https://www.reuters.com/article/vimpelcom-adr-idUSL0892762320070808

2008 Good article on Seeking alpha
https://seekingalpha.com/article/70614-vimpel-communications-is-a-telecom-vip

2017 re brands officially as VEON .. from VIP

Vimpelcom rebrands as Veon, sets new company direction
https://www.digitaltveurope.com/2017/02/27/vimpelcom-rebrands-as-veon-sets-new-company-direction/

I am holding long, but not for one buck

[KJAX]

Every country has been cutting out Russia for Putin's horrible war on Ukraine, so yes it is affected. If the war ends soon, VEON will takeoff

[LowMarketCap]

nope I haven't forgotten.. that area is not affected since is not a war zone, and people are minding their business and day to day life..
last time I checked I said europe and all else?.. that includes Russia!!



Russians and Ukrainians are brothers after all.. no one like war

[LowMarketCap]

nope I haven't forgotten.. that area is not affected since is not a war zone, and people are minding their business and day to day life..

u should get one

[KJAX]

You forgot all their employees in Russia too. I bought 1k shares (not much) but will watch the ride either way

Edit: 4,000 people Ukraine working
29,000 employees in Russia

[Imott]

Let's go VEON back to over $1.00!

[LowMarketCap]

Tell those #naked #shorts to take this to the bank
Veon just cashed in 150 mils USD, by currency transaction

AMSTERDAM, March 11, 2022 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON),
https://www.veon.com/media/media-releases/

https://finance.yahoo.com/news/veon-concludes-repayment-vtb-bank-060000190.html

$cei $hymc $rkda $agri $rig $ensv $nine $mndt $usws $op $husa $tmc $nak $sco $useg $sunw $gpl Gte Kala $wprt $plsv $muln $tqqq $amd $xlf $f $t $impp $eem $oxy $xom $ccl $sndl $vale $nio $siri $bb $t $Vz

[Imott]

They've got us on naked short report now. To me that means we eventually get a big move.

https://www.nakedshortreport.com/company/VEON

[LowMarketCap]

Ukraine exposure is 12%, this stock is down 4x in past 2 weeks

yes people won't use cell phones during war times in Europe or else

just being sarcastic

[KJAX]

I flipped this last year. It's very tempting to jump back, but the majority of their business is in Europe and with the war going on it could never recover. If the war ends soon then it's a great play.

[LowMarketCap]

$VEON at penny prices Price 6x less Cash on Hand, based on current Market cap. @ 650 Mils Cash @ 2.5 Bils usd Current pps below o.40c

Co website: https://www.veon.com/
Market Cap 650 mils
Revs 2021 7.9 Billion USD
Cash on Hand 2.3 Billion USD
https://www.nasdaq.com/market-activity/stocks/veon

No 13th, mobile operator in the world (based on cu Numbers) ahead $T or $VZ https://en.wikipedia.org/wiki/List_of_mobile_network_operators
Price/share crashed below .40c on RU war drama, since is operation in Both Ukraine and RU among other 9 countries:

The company provides its services under the Beeline, Kyivstar, Jazz, Djezzy, and Banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, and Georgia. It serves approximately 210 million customers.

The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Amsterdam, the Netherlands.

Expecting a 2 Billion usd deal to close after .. a third-party valuation is undertaken to determine the fair market value at which the transfer shall take place (news published in 2021)
https://www.capacitymedia.com/articles/3829004/veon-exits-algeria-by-selling-djezzy-stake-to-government-investor

Veon is selling the whole of its 45.57% stake in Algerian operator Djezzy to the government-controlled investor, which already owns a majority stake.
FNI has owned a controlling stake in Djezzy’s holding company, Omnium Telecom Algérie, since 2015, when it paid US$2.643 billion for 51% after a 10-year battle

End of 2021 Earnings/ Revs + Cash


Veon Digital Brands


Veon Market Cap


VEON Ownership


VEON Institutional shares




















































$cei $hymc $rig $ensv $nine $mndt $usws $op $husa $tmc $nak $sco $useg $sunw $gpl $Gte $Kala $wprt $plsv $muln $tqqq $amd $xlf $f $t $impp $eem $oxy $xom $ccl $sndl $vale $nio $siri $bb $t $Vz $amc $gme

[BooDog]

Technical side seeing an up gap from around .63 to the .80. $1 looking very possible.

[Imott]

This does seem crazy and appears to be a fight to dollarland, but I think it's coming.

[LowMarketCap]

Take this for good Diligence https://stocknews.com/news/veon-tkagy-bzqiy-iijiy-veon-a-telecommunications-stock-worth-buying/

$VEON








































$sndl $sofi $amc $imte $nio $nakd $new $prog $dats $amd $dkng $bbd $amzn $uber $btcs $tnxp $dwac $rig $enzc $hmbl $mrin $nio $idex $grab $gevo $impp $gme $f $nflx $muln $amd $zsan $cei $soxs $ghsi $itub $aei $aabb $edu $xlf $zom $dss $eem $GBTC $hmbl $husa $cei $indo $op $nine $ensv

[LowMarketCap]

nothing happened.. this is how it trades with big volatility episodes and shaking.

play the techs, the 15 min /30 min set up look amazing, scalp tops and reload supports

$veon

[ErnieBilco]

What the hell happened ?

I know Eturd has blocked trading in it, btards

[INFINITI]

This should be @ $1 already cmon

[INFINITI]

It’s going to run$$$$ HARD

[INFINITI]

$1 coming

[INFINITI]

Load up $$$$

[soupoftheday]

Posts on Facebook sound good. >>>

In Ukraine, the situation on most areas of the network is controlled.

Togetherness is our strength! Everything will be Ukraine!

https://www.facebook.com/kyivstar

[LowMarketCap]

Aside that, it had been dragged along with all sector etf's.

Monday most are not going to trade, since they have been halted.
All air has been cleared and it should go no get dragged along by any.

very bad timing for then, in mid Dec even the revenues were great, they hit a death cross set up that shorts capitalized on; since then more drama piled up.

Recovery time is a coming
I will be holding long, and trade along as it fits.

https://gurtimes.com/finance/all-these-russia-etfs-were-halted-indefinitely-for-regulatory-concern/

[ErnieBilco]

It was the victim of being spooked by Russia talk - looking for a quick run up to $1+

[LowMarketCap]

It's a shame, there are lots of good companies on the big boards now, that are financially sound that trade for a fraction on this crazy small cap attack that has been going on in 2021.

$veon is a champ on how low they took it/ unreal

[Imott]

This is true. I think that because the hubbers mostly find good OTC and small cap opportunities that their researching has not yet caught on to a big boy play that is beaten down way too low. That could change at anytime!

[LowMarketCap]

They have updates on FB/twitter on the situation by @Kyivstar
use translate options
https://www.facebook.com/kyivstar

[LowMarketCap]

YES/ looks like very few Ihub"ers know about it

https://www.veon.com/media/3189/veon-investor-day-keynote-ceo-071221.pdf

https://www.veon.com/investors/investor-day-2021/

https://www.veon.com/media/media-releases/

https://finance.yahoo.com/news/veon-responds-investor-inquiries-161800978.html

$VEON








































$sndl $sofi $amc $imte $nio $nakd $new $prog $dats $amd $dkng $bbd $amzn $uber $btcs $tnxp $dwac $rig $enzc $hmbl $mrin $nio $idex $grab $gevo $impp $gme $f $nflx $muln $amd $zsan $cei $soxs $ghsi $itub $aei $aabb $edu $xlf $zom $dss $eem $GBTC $hmbl

[soupoftheday]

GAP FILL HIGHER - look at the chart.

[soupoftheday]

NO PROBLEM

[soupoftheday]

VERY HIGH

[soupoftheday]

Our network in Ukraine is still up and running, says VEON CEO

[Imott]

Wow, a really great company! This is really a great opportunity. There is no way for this to go unnoticed!

[LowMarketCap]

exactly!!
they have been grossly confused as Russian, and shorted to death..
I believe $VEON it was underval before the crash

fact it, they are a multinational, with HUGE operation in Ukraine
through their Kyivstar brand Ukraine’s number one mobile operator.

check their youtube channel.. didn't know they have TV as well https://tv.kyivstar.ua/en/

https://www.youtube.com/c/kyivstar/videos


https://kyivstar.ua/uk/mm
Internet + TV + mobile communication
Mobile Communication
Our SIM cards
Home Internet
TV
Additional Services
SMART MONEY
Dee Jingle
Smart Kyivstar
Mobile security
Kyivstar TV application
Music club
Star Guard

Kyivstar TV
Watch 300+ TV channels and 20,000 movies, TV series and shows anywhere, anytime
Devices

[INFINITI]

Ok I will be loading more Monday thanks

[Imott]

Yes, after 30 days of trading below $1 a company receives a delisting notice from NASDAQ and companies remedy the situation temporarily with a 180 day extension by submitting a plan to them on how they will get the company back into compliance.

It is then companies are granted the 6 month extension. But I can't see getting to this point at all with VEON because they are too excellent with Financials for that to happen, imo.

[INFINITI]

We need to stay above $1 to stay in Nasdaq correct me if I’m wrong

[Imott]

With that being the $64,000 dollar question, I do really believe that although most stocks have taken a beating from whatever it is these shorts are doing that VEON will in no way be devalued long term, like a small cap, down to below a dollar and receive a notice from the SEC. Also, there is no reverse split history.

[INFINITI]

How high you think it will go