4 pilot VLT stores (100 VLTs) opened yesterday (within Attica -press); we reiterate OI on dividend yield + VLT optionality; we expect +1.5k-2.0k VLTs to be installed per quarter totaling 5.5k-6.0k by year-end, adding E30m of EBITDA (pre-KINO impact); focus on daily net wins and KINO behavior; ResearchGreece plans to visit pilot stores next week…
Did Greece and its creditors reach … to access this report contact@researchgreece.com
We believe 3Q16 results were…to access this report contact@researchgreece.com
OTE lowered its adjusted FCFE guidance to c. E440m (from c. E500m) on the back of higher capex which we understand relates to accelerated VDSL infrastructure investments; E440m FCFE equals a 11% yield but still OTE does not seem willing to commit to a specific dividend; we fail to understand why OTE will not raise…
We brought down our refining margin estimate for 2016 but did not change our numbers post 2017; we expect…