Sectors: Communication Services
With NEC & GQG looking at the financials – are these stocks in the oversold territory.
MM owns GQG and has sold NEC in Jan.
Are you considering picking up NEC at the current level ?
On a side note – what do you think about POW which is a new uranium player and recently IPO`ed ?
Is NEC turning around with QMS media acquisition and continue to pay a dividend?
Pacific Equity Partners (PEP) launched a hostile, non-binding indicative offer of $1.40 for oOh!media in late April, a 65% premium to the prior close, valuing the outdoor advertising company at approximately $747 million. The stock surged almost 50% on the news, its largest single-day move on record.