America Movil SAB

America Movil: Time to Take Some Profits?

Posted on March 18th, 2011 in America Movil SAB, AMX, India Shares

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The stock chart of Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, appears to have formed a double-top near $60 — a bearish pattern — hence those in at/near $36 may wish to consider taking some profits.

However, other investors who can tolerate the risk can maintain their full position in AMX, as longer-term, two to three years out, as new business titan America Movil has a bright future.

In 2011, AMX will likely post 20-25% revenue growth in 2011, following a fantastic 31% surge in 2010. Improving performance in two, key markets — Brazil and Mexico — will continue to support revenue growth in 2011. Subscriber growth should remain in the strong 6-8% range, in 2011, with margins dipping slightly, on intensifying competition.

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America Movil: Time to Take Some Profits? originally appeared on BloggingStocks on Fri, 18 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.

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America Movil: Cell Phone Star of the Americas

Posted on October 19th, 2010 in America Movil SAB, AMX, India Shares

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America Movil (AMX) logoHigh-profile Latin American wireless service provider America Movil SAB de CV (AMX), first mentioned here on June 24, 2009, at a price of $36.47, has broken out of a summer-long trading range, and I obviously still like the shares here.

America Movil remains a new business titan with promise. In 2010, AMX will likely post 7% to 9% revenue growth, followed by 10% to 12% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9% to 11% range in 2010, and margins will likely increase slightly.

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America Movil: Cell Phone Star of the Americas originally appeared on BloggingStocks on Tue, 19 Oct 2010 14:00:00 EST. Please see our terms for use of feeds.

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America Movil: Promising Latin American Wireless Play

Posted on June 15th, 2010 in America Movil SAB, AMX, India Shares

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High-profile Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, has weathered the market’s recent gyrations very well, and I obviously still like the shares here.

America Movil remains a new business titan with promise. Look for America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range, in 2010, and margins will likely increase slightly.

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America Movil: Promising Latin American Wireless Play originally appeared on BloggingStocks on Tue, 15 Jun 2010 16:30:00 EST. Please see our terms for use of feeds.

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Latin America – Mexico – America Movil – América Móvil – Business

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America Movil’s $4 Billion Bond Offering Shows Capital Is Out There

Posted on March 25th, 2010 in America Movil SAB, AMX, India Shares

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The credit crunch persists in the United States — just ask some small businesses in your area on the efforts to secure additional credit for their operations — but the emerging market debt market is showing both signs of recovery and capital waiting for deployment.

One example: America Movil SAB (AMX), Latin America’s largest cell phone company, with 205 million subscribers, has raised $4 billion in the largest emerging market bond sale of the year, Bloomberg News reported.

America Movil’s shares rose 23 cents to $49.64 in Thursday afternoon trading.

Continue reading America Movil’s $4 Billion Bond Offering Shows Capital Is Out There

America Movil’s $4 Billion Bond Offering Shows Capital Is Out There originally appeared on BloggingStocks on Thu, 25 Mar 2010 16:30:00 EST. Please see our terms for use of feeds.

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