Market's view on Helios Towers

Published on April 2024

  • Speculation exists on whether an information leak about the company is true, with observations that the company’s financial results are anticipated eagerly due to previous strong performances.
  • A stock watcher exited their investment with a small profit, citing high financing costs in USD as a potential obstacle to the company’s growth.
  • The company reportedly has no issues related to COVID-19.
  • The stock price increased by 7% to 187, having been previously oversold; federal intervention helped prevent a short-term sell-off.
  • The Liontrust UK ethical fund holds a 3.54% stake in Helios Towers PLC, indicating thorough research despite recent price drops.
  • A new stock placement at 150 was discussed, with its performance in comparison to other placements under scrutiny.
  • Helios Towers PLC is seen as a potential takeover target by large private equity, Cellnex, or American Tower.
  • The stock is considered a buy under 145p due to the need to fill a price gap, though it is currently overbought.
  • Helios Towers lacks exposure to the Nigerian market, which is seen as a drawback.
  • The company is viewed as a long-term growth story, benefiting from the growing mobile phone market in sub-Saharan Africa. Potential for both organic and inorganic growth through M&A is noted, along with the chance of a positive impact from a high-profile IPO of Africa’s leading tower company.
  • Helios Towers PLC provides telecommunications towers and infrastructure, focusing on operations in several African countries. The company is described as having a robust business model with long-term, inflation-protected contracts, diversified customer base, and strong financial positioning to support future growth initiatives.
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