DU price forecast

[alok_bxd]

vip_seifi on DU
http://www.dubaisharetalk.com/viewtopic.php?t=8235&start=25#18518

could not agree more with robchad!
http://www.dubaisharetalk.com/viewtopic.php?t=8235&start=25#18519

not a great stock.

unproven and young company that one day will figure out how to run a business properly.
not anytime soon though.

those who missed the IPO can enter IPO levels or less in next year or so.

[sam111sam]

I tend to disagree

DU is a GSM provider that will always suffer losses for a couple of year as they build thier infra-structure and aquire customers. Once it reaches breakeven (3Q or max by 4Q), it will only increase profits every Q, almost gaurateed

They got their GSM license cheap and they operate in a fast growing economy. They are also shieleded from the Real Estate market...The UAE goverment (TRA) is very protective of Telco's and any geopolitical problem will only tend to increase teco revenue

I think DU is a very safe bet and great buy at the current levels 4.6-4.8, but only if you plan to keep the stock for one year. I think it is only trading at these levels because of the bear market that COULD CHANGE ANYTIME

[robchad]

Hi Sam, DU will need to corrcet further. Although it is a telco operator, however it is not a great company yet. Even Etisalat price is going down.

Expect it to go further down, possibly below 4.6 - so don't get yourself burned in it.

Be patient. You will probably buy it at a much bigger discount.