Author Topic: LILA - Liberty Global Latin America tracker  (Read 103899 times)

Spekulatius

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Re: LILA - Liberty Global Latin America tracker
« Reply #320 on: January 08, 2019, 03:55:02 AM »

*puts a gas mask on*


Question: if the USD weakens would this stinking pile of .... automatically trade up? Thanks.

Depends why. A US recession wouldn't do most of these economies much good.

CHTR, CMCSA > LBTYA > LILA

For LILA, growth and FCF is lower, Leverage and borrowing costs are higher (the latter is due to hedging costs for currency risk) and the business is just to disparaged. I would rather buy LBTYA where you have the pot. Catalyst of a sale of a good chunk of their business.

If Latin and central American economies and start to do great, so should do the local currencies and then it is possible that LILA stock appreciates on the grounds of currency improvements and better business performance.
To be a realist, one has to believe in miracles.


chesko182

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Re: LILA - Liberty Global Latin America tracker
« Reply #321 on: January 14, 2019, 09:02:45 AM »
twitter: @chesko182

ALLY, JPM, UHAL, BRK, GM, AER, LBRDA, SEMUF, TWX, PRXIQ

rogermunibond

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Re: LILA - Liberty Global Latin America tracker
« Reply #322 on: January 14, 2019, 09:03:36 AM »
It's "the" big deal that everyone has been expecting.  :)

HalfMeasure

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Re: LILA - Liberty Global Latin America tracker
« Reply #323 on: January 14, 2019, 09:55:37 AM »
Sounds like a big deal: Liberty Latin America in bid to acquire Millicom - sources

https://www.reuters.com/article/us-millicom-m-a-libertylatinamerica/exclusive-liberty-latin-america-in-bid-to-acquire-millicom-sources-idUSKCN1P820D

Anyone know Millicom's assets well enough to have a feel for how much incremental debt capacity there is @ Millicom?

chesko182

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Re: LILA - Liberty Global Latin America tracker
« Reply #324 on: January 14, 2019, 10:00:21 AM »
I believe leverage is 1.9X (debt to EBITDA) so def some capacity there
twitter: @chesko182

ALLY, JPM, UHAL, BRK, GM, AER, LBRDA, SEMUF, TWX, PRXIQ

Munger_Disciple

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Re: LILA - Liberty Global Latin America tracker
« Reply #325 on: January 14, 2019, 11:16:27 AM »
Currently Millicom pays 4% dividend annually which I think will be eliminated if this deal goes thru'. So Liberty can take on more debt to do the deal and fund it with the money that currently goes towards Millicom dividend.

Munger_Disciple

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Re: LILA - Liberty Global Latin America tracker
« Reply #326 on: January 14, 2019, 11:33:02 AM »
https://www.reuters.com/article/us-millicom-m-a-libertylatinamerica-excl/exclusive-liberty-latin-america-in-bid-to-acquire-millicom-sources-idUSKCN1P820D?il=0


Quote
In addition to borrowing from banks, Liberty Latin America is considering raising financing from an investment firm, such as a private equity fund, for the cash portion of its bid, another of the sources said.

Spekulatius

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Re: LILA - Liberty Global Latin America tracker
« Reply #327 on: January 14, 2019, 11:46:42 AM »
Hopefully, shareholders won’t get screwed over like with the C&W merger. Millicom appears to be far larger than LILA, so shareeholders will hold only a minority share of the combined company.
« Last Edit: January 15, 2019, 04:38:03 PM by Spekulatius »
To be a realist, one has to believe in miracles.

WayWardCloud

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Re: LILA - Liberty Global Latin America tracker
« Reply #328 on: January 14, 2019, 03:07:46 PM »
Mobile is 58% of revenue, "Home" is 25% and Business 16%.
It will all come down to price and I really hope they're not paying anywhere >7x for such a mix.
It will really strengthen Liberty in Panama and Costa Rica since they're already present in those countries (fingers crossed for no anti-trust).

Anyone has color on the quality of their broadband network? Is it all HFC Cable or is there some DSL in the mix?

Exciting times!
« Last Edit: January 14, 2019, 03:12:04 PM by WayWardCloud »

Munger_Disciple

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