... maybe ... I have a hold rating on VIV up from a Sell prior to this latest report which I still haven't gone though thoroughly. What strikes me is that today was the last day of this reporting season and there are plenty of other stocks out there growing strongly, making profits and even paying dividends. I think VIV could be OK if the revenue they quote has a fair percentage of recurring revenue (i.e. VIV has incurred the cost last year and has some revenue but next year for that same contract it will pretty much be all revenue). Need to see if I can extract that from the report, but if that is the case then all is well and I would consider upping my sentiment to a Buy.
VIV Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
