Are you still long this thing? End of 2023 is approaching fast and we‘re nowhere near KTEL being a profitable company trading at 20x P/E. What went wrong? Are you still hopeful?
I can't understand properly this and I'll explain my view to appreciate feedback: "Knowing KTEL had 23,000 subscribers as of March 2022, I estimated 11,000 and 17,000 subscribers for January and February 2022 respectively for 51,000 total lines of service during Q1. With $2.79 million in Mobile Services revenue, across the 51,000 active lines, this yields an average subsidy of $54.77/month"
If revenues are 2.79M in Q1 and ACP is monthly basis, why aren't you firstly "doing an easy 2.79M/3months to have a monthly basis revenue amount and then get the total amount of subscribers. I don't know if this approach is the correct one, but that makes more sense to me, so as to "normalize" the monthly to a quarterly basis. IMO following this approach, in Q2 and Q3 there have been ≈10k new subscribers for each quarter. Thank you so much in advance.
PS: I emailed Mr McEwen but didn't have any response, any help this way? Appreciate it
I guess it's one of those things where we'll just have to see how fast they can grow! Either their growth numbers are way off or this is mispriced. Given their history and alignment, it doesn't seem like a bad bet. Still, I wish they could share some justification behind the 30k new lines number...
Are you still long this thing? End of 2023 is approaching fast and we‘re nowhere near KTEL being a profitable company trading at 20x P/E. What went wrong? Are you still hopeful?
Any help to tracking the subscriber's amount? I made QoQ growth / 3 months / ACP aid to get uit
I can't understand properly this and I'll explain my view to appreciate feedback: "Knowing KTEL had 23,000 subscribers as of March 2022, I estimated 11,000 and 17,000 subscribers for January and February 2022 respectively for 51,000 total lines of service during Q1. With $2.79 million in Mobile Services revenue, across the 51,000 active lines, this yields an average subsidy of $54.77/month"
If revenues are 2.79M in Q1 and ACP is monthly basis, why aren't you firstly "doing an easy 2.79M/3months to have a monthly basis revenue amount and then get the total amount of subscribers. I don't know if this approach is the correct one, but that makes more sense to me, so as to "normalize" the monthly to a quarterly basis. IMO following this approach, in Q2 and Q3 there have been ≈10k new subscribers for each quarter. Thank you so much in advance.
PS: I emailed Mr McEwen but didn't have any response, any help this way? Appreciate it
This is my thesis written in June 2022 in spanish: https://antuantxu.substack.com/p/inditex
I guess it's one of those things where we'll just have to see how fast they can grow! Either their growth numbers are way off or this is mispriced. Given their history and alignment, it doesn't seem like a bad bet. Still, I wish they could share some justification behind the 30k new lines number...