BIG revenues SMALL detailsSigns of reversal on the RSI indicator. BIG company, with BIG revenuesLongby HazeCraze2
CELLNEX - Possible Trend ReversalCellnex seems to be finally breaking Resistance formed on the bearish trend since November 5th, with a double bottom at 49.32, if this is confirmed passing the 51.68 mark we might see some reversalLongby khlamine2
Cellnex acquires Arqiva’s Telecoms divisionCellnex stocks are skyrocketing once again thanks to the announcement of Arqiva’s Telecoms aquisition. Here is the most important information u might want to consider: Cellnex to acquire 100% of the company resulting from an Arqiva’s carve-out process. It involves the acquisition of 7,400 sites and the rights to market c.900 sites spread across the UK Total portfolio of sites in the UK (excluding those subject to market and operating rights) will reach c. 8,000. Total Cellnex portfolio will accumulate c.53,000 sites in 7 european markets. The deal involves concessions to use street infrastructure as locations for telecom sites in 14 London boroughs. Expected adjusted Ebitda to be generated in year 2020 amounts to c. GBP 170 M. Expected to be funded through a combination of a GBP 2Bn syndicated loan facility and available cash In addition, Cellnex has approved the launch of a fully underwritten €2.5 Bn Rights Issue to support this acquisition and Cellnex’s pipeline. The acquisition is subject to customary antitrust authorizations as well as other conditions precedent. Closing is expected in H2 2020 The deal follows Cellnex’s acquisition of marketing and operational rights for 220 high towers from BT in the UK last June. 82% of Cellnex revenues (“run rate”) will be generated outside Spain confirming the European scope and identity of the Cellnex project. Since the IPO in 2015 the Company has invested or committed to invest c. € 10.8 billion in the acquisition or construction –until 2027– of up to 42,700 infrastructures. Still it will take time for company to begin generating substantial profits. Meaning that after some correction, it can be worth to look at.by Market_Referee10
Compra por Maximos Historicos de CELLNEX TELECOM BME:CLNX Accion del selectivo español con un rotura de sus Maximos Historicos, le colocamos STOP sobre 19.00 para controlar el riesgo.Longby almontenet1
CELLNEX CORTOSAbrimos posiciones cortas en CELLNEX con objetivo la zona de los 13.50 y stop en 15.80Shortby MPcag6