Zegona Com Share Price (ZEG)

Richard Penny, Senior Fund Director at Oberon Investments and manager of the TM Oberon UK Smaller Companies Fund chats to Karl West about recovery stocks, including Zegona Communications. Listen here https://www.youtube.com/watch?v=QN_WmsV3Gns

The Spanish publication, Expansion.com, has interviewed Zegona's CEO, Eamonn O'Hare, in which he says:

"In that period of time, 20 months, we have multiplied Zegona 's share price by almost 12. But we believe that the second half of the transformation will be just as exciting. And there are three reasons for this.

The first is that once we have reduced the number of Zegona shares by 70%, our current market capitalization is below the multiples of our competitors. We are trading at around 9 times cash flow, when we should be trading at around 13 times. Therefore, we are currently undervalued. If we close the gap with our competitors, such as Telefónica and Orange, our share price should be around £25.

The second reason is that we will be able to slightly increase revenue, and there is still room to further reduce costs in the business. The combination of both should allow us to generate even more cash flow. When we acquired the business, cash flow was €400 million. Last year, we reached €600 million. This fiscal year, which ends in March, we will be close to €800 million. And we aim to reach €1 billion in the coming years.

And the third reason why investors will be interested in the second half of our transformation plan is RANco, a joint venture with another operator that provides wholesale mobile network services."

hxxps://www.expansion.com/empresas/tecnologia/2026/01/26/6973ab17468aebd1418b4590.html

Https://business-people.es/economia/zegona-valora-vodafone-espana-en-15-000-millones/

Need to translate to English.

I'm getting excited 😊

Only indirectly as it frees up the company to make divi payments and draws in income hunters as buyers. So far no effect on the SP.

Will the share price be affected after the 69% cancellation of the shares?