Altice has released a solid and better than expected set of results for its Q3 (reflecting indeed the telecom sector in France could be an interesting slight growth story in the next five years).
But the key point today is to follow Drahi’s offer on Altice’s shares. Will he raise the price as the stock is currently c.5% higher? We believe this is possible and better to keep the share in portfolio while waiting for further announcements.
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Will Drahi raise his offer?
- Published:
20 Nov 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
Altice has released a solid and better than expected set of results for its Q3 (reflecting indeed the telecom sector in France could be an interesting slight growth story in the next five years).
But the key point today is to follow Drahi’s offer on Altice’s shares. Will he raise the price as the stock is currently c.5% higher? We believe this is possible and better to keep the share in portfolio while waiting for further announcements.