RE:RE:RE:RE:RE:Analysts updateRed Deer, nobody can predict but this is not a slam dunk investment by any stretch.
They haven't cut the dividend yet but it seems like they should as relative to EBITDA, they are paying twice as much as AT&T. If they don't cut, share price may drop, If they cut 50%, share price may also drop (lose income investors).
Also ratio of market cap to EBITDA at today's share price is similar to AT&T. Seems to imply that the share price was artificially high before because the dividend was high. So there may not be much share price appreciation regardless of what existing management does.
Ultiamtely its possible that only new management MAY lead to a turnaround and meaningful share price appreciation. Not much confidence in existing management. One way or another, its a tough business with limited pricing power.