Understating the context price of $VEON past decade or so.. please follow the EVENTS, that influenced the RISE and FALL of the price & market cycles.. and the HUGE tech set UP that's panning in the next couple of yrs+++
Pointers and DD ideas Google topic (plenty to read)
Complete the exit 4 yrs later in 2019 The previous communication was over four years ago and it’s not clear what took it so long. Telenor has been offloading chunks of Veon, which does much of its business in Russia, at regular intervals ever since. https://telecoms.com/501046/telenor-finally-gets-rid-of-its-stake-in-veon/
__2020 Covid market pressure __ 2022 Russia/UKraine drama emerging.
Go study, pic.. all EVENTS are there, we are now looking at similar setUP that was in place after 1996 IPO bottom.. breaking up the $2.3'ish/share MARKS, is going to propel the company into a LONG Uptrend Cycle in the next few yrs++
If anyone thinks markets don't have macro cycles and this co is not going to break 2/share level in few mos is a FOOL, from there on $VEON is poised to a long uptrend of mega growth on both technical aspect and great fundamental reasons.
Great read, an article released just before the last HIT (russian connection take down)
Numbers speak for themselves.. and this is where everything is laid out for the next few years of corporate focus PDF file investor presentation: https://www.veon.com/media/3097/veon-investor-day-presentation-07122021.pdf Video presentations// about 3 hrs worth of INFO https://www.veon.com/investors/investor-day-2021/
VEON international brands: and yes please do share!! is pity to most people do not know about this co.. is mostly traded by institutions, but a great entry op.
Based on an Seeking Alpha article from 2008, the revs were a bit lower then what they are TODAY
Quote: "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."