Core Viewpoint - VEON Ltd. has announced the pricing of a public offering of common shares held by its subsidiary Kyivstar Group Ltd., with a total of 12,100,000 shares priced at USD 10.50 each, along with an additional option for underwriters to purchase up to 1,875,000 shares [1][2]. Group 1: Offering Details - The public offering consists of 12,100,000 common shares from VEON Amsterdam B.V. and 400,000 shares from other selling shareholders, with a public offering price set at USD 10.50 per share [1]. - The offering is expected to close on February 2, 2026, pending customary closing conditions [2]. - The underwriters for the offering include Morgan Stanley, Barclays, Cantor, and Rothschild & Co, with Benchmark, StoneX Company, and Northland Capital Markets acting as co-managers [2]. Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5]. - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6].

Core Viewpoint - VEON Ltd. announced the pricing of a public offering of 12,100,000 common shares held by VEON Amsterdam B.V. and 400,000 common shares from other selling shareholders at a price of USD 10.50 per share, with an additional option for underwriters to purchase up to 1,875,000 shares [1][2] Group 1: Offering Details - The public offering is set to close on February 2, 2026, pending customary closing conditions [2] - The offering is being managed by Morgan Stanley, Barclays, Cantor, and Rothschild & Co as joint book-running managers, with Benchmark, StoneX Company, and Northland Capital Markets as co-managers [2] Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5] - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6] Group 3: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on social investments in infrastructure, technological development, charitable donations, and strategic acquisitions [7]

Core Viewpoint - VEON Ltd. anticipates positive financial performance for 2025, driven by Kyivstar Group's preliminary estimates and strong execution across its operating companies [2]. Group 1: Financial Estimates - Kyivstar Group estimates revenue growth for the year ended December 31, 2025, will range between 24% and 26% year-on-year compared to 2024 [6]. - Adjusted EBITDA growth is also expected to fall within the same range of 24% to 26% year-on-year [6]. - Capex Intensity for the year is projected to be between 29% and 31% [6]. Group 2: Investment Plans - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, charitable donations, and strategic acquisitions [4]. Group 3: Company Overview - Kyivstar Group Ltd. is a leading digital operator in Ukraine, providing a wide range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [3]. - VEON serves nearly 150 million connectivity users and over 140 million digital users across five countries, emphasizing technology-driven services that promote economic growth [4].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: VEON Ltd. Analysis - VEON Ltd. (VEON) is highlighted as a strong candidate for momentum investing, showing a four-week price change of 2.6% [3] - The stock has gained 12.2% over the past 12 weeks, indicating its ability to deliver positive returns over a longer timeframe [4] - VEON has a beta of 1.59, suggesting it moves 59% higher than the market in either direction, reflecting fast-paced momentum [4] - VEON's Momentum Score is B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investors [6] - VEON is trading at a Price-to-Sales ratio of 0.88, indicating it is reasonably valued at 88 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides VEON, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]

Core Insights - VEON Ltd. has launched a new Network Operations Center (NOC) for Beeline Uzbekistan in Tashkent, enhancing its digital infrastructure and customer service capabilities [1][3] - The company also introduced BuildX, a new software development and AI company aimed at contributing to Uzbekistan's digital economy [1][5] Group 1: Network Operations Center (NOC) - The NOC will oversee more than 5,850 base stations and ensure connectivity for 7.7 million customers as of September 2025 [3] - It operates as a proactive monitoring center, detecting outages in real time and enabling rapid repairs [3] - The Beeline Uzbekistan network was recognized as the most consistent network in Uzbekistan according to independent analysis by Opensignal [3] Group 2: Security Operations Center (SOC) - Beeline Uzbekistan has established a dedicated Security Operations Center (SOC) to monitor and respond to cybersecurity threats [4] - The SOC collaborates with IT and development teams to maintain a secure digital environment for customers and partners [4] Group 3: BuildX Initiative - BuildX will focus on developing scalable, export-ready technology solutions, enhancing Uzbekistan's position as a technology hub in Central Asia [5] - The company plans to recruit and train local engineers and data scientists, contributing to the development of national talent in advanced digital skills [7] - BuildX will collaborate with universities, startups, and technology partners to foster innovation and strengthen the local tech ecosystem [7] Group 4: Government Support and Vision - The Minister of Digital Technologies of Uzbekistan emphasized the country's ambition to become a regional technology hub, supported by robust policies for digital transformation [6] - VEON's initiatives, including the NOC and BuildX, align with Uzbekistan's vision for a digital future and economic growth [6][7] Group 5: Company Overview - VEON operates across five countries, providing connectivity to nearly 150 million users and digital services to over 140 million users [8] - Beeline Uzbekistan serves 7.7 million customers with mobile connectivity and has a total of 7.9 million monthly active users across its digital services [8]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are significant, with data centers consuming as much energy as small cities, leading to concerns about power grid capacity and rising electricity prices [2][3] Investment Opportunity - A specific company is highlighted as a critical player in the AI energy sector, owning essential energy infrastructure assets that are poised to benefit from the increasing energy demands of AI [3][7] - This company is not a chipmaker or cloud platform but is positioned as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend driven by tariffs [5][6] Financial Position - The company is noted for being debt-free and holding a significant cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened by debt [8][10] - It also has a substantial equity stake in another AI-related company, providing investors with indirect exposure to multiple growth opportunities without the associated premium costs [9][10] Market Trends - The article discusses the broader trends of AI, energy, tariffs, and onshoring, indicating that this company is strategically aligned with these developments [6][14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI-related companies [12] Future Outlook - The potential for significant returns is emphasized, with projections suggesting a possible 100% return within 12 to 24 months for investors who act quickly [15][19] - The company is described as undervalued, trading at less than seven times earnings, which presents a compelling investment opportunity in the context of the AI and energy sectors [10][11]

Core Viewpoint - The article discusses the growing interest in cheap stocks as investors seek to avoid high valuations in equity markets, highlighting a shift towards value stocks that have underperformed in recent years and are showing signs of recovery [1]. Group 1: Market Trends - The iShares Russell 1000 Value ETF increased by 3.9% in the fourth quarter, while the iShares Russell 1000 Growth ETF gained only 2.3%, indicating a renewed focus on value stocks [2]. - The S&P 500 is expected to continue its double-digit rallies, but future gains may be more challenging, with a potential shift towards value stocks as the Federal Reserve may cut interest rates [2]. - Dennis DeBusschere, chief market strategist at 22V Research, noted that productivity improvements could allow the economy to grow at 2.5% without inflation issues, benefiting fundamental factors and procyclical equities [3]. Group 2: Investment Methodology - The methodology for identifying the best cheap stocks involved selecting U.S.-listed stocks with a price-to-earnings (P/E) ratio of less than 15 and an upside potential of over 60% as of January 16, focusing on those popular among elite hedge funds [6]. - The strategy of imitating top stock picks from hedge funds has historically outperformed the market, with a quarterly newsletter returning 427.7% since May 2014, surpassing its benchmark by 264 percentage points [8]. Group 3: Company Highlights - VEON Ltd. (NASDAQ:VEON) has a forward P/E of 13.77 and an upside potential of 60.23%, with 12 hedge fund holders. The company confirmed that its subsidiary Kyivstar has over 3 million registered users for satellite connectivity in Ukraine [9][10]. - Playtika Holding Corp. (NASDAQ:PLTK) has a forward P/E of 6.98 and an upside potential of 105.13%, with 27 hedge fund holders. The company announced a cost-cutting initiative, laying off 15% of its workforce to transition to leaner teams utilizing AI and automation [16][17].

Core Viewpoint - The U.S. stock market has performed well over the past year but has underperformed compared to international markets during the same period [1] Group 1: Market Performance - U.S. equities are still considered promising despite their underperformance relative to international markets [1] Group 2: Investment Focus - The company, Pearl Gray, is a proprietary investment fund and independent market research firm focusing on Fixed-Income and Capital Flows [1] - The analysis extends to equity REITs, Investment Fund Appraisal, and Bank Risk Analysis [1]

Core Insights - VEON Ltd. announced that Kyivstar has surpassed 3.0 million registered users for Direct to Cell satellite connectivity services, representing over 10% of its mobile subscribers [1][2] Group 1: Service Adoption and Impact - Since the launch of the service on November 24, 2025, more than 1.2 million SMS messages have been delivered via satellite connectivity, highlighting its importance in southern and eastern Ukraine [2] - The technology has been predominantly utilized in five cities: Kyiv, Lviv, Vinnytsia, Khmelnytskyi, and Dnipro, emphasizing the need for reliable communication in these regions [2] Group 2: Company Statements and Future Plans - Kaan Terzioğlu, VEON Group CEO, stated that the rapid adoption of Starlink Direct to Cell services reflects the critical need for enhanced resilience in Ukraine and the demand for satellite-based connectivity [3] - Starlink Direct to Cell is available free of charge to all 4G smartphone users on the Kyivstar network, which includes approximately 15.5 million subscribers, without requiring changes to device settings [3] Group 3: Expansion and Testing - VEON's Beeline Kazakhstan has successfully tested Starlink Direct to Cell services, planning to introduce SMS services in 2026, pending regulatory approval [4] Group 4: Company Overview - VEON operates across five countries, providing connectivity and digital services to nearly 150 million connectivity users and 140 million digital users, aiming to drive economic growth through technology [5] - Kyivstar Group Ltd. plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, and strategic acquisitions [6]

Core Insights - VEON's subsidiary, Kyivstar, has launched a 5G test zone in Lviv, marking its first local pilot project in Ukraine [1] - The pilot aims to assess network performance in urban conditions, with plans for gradual expansion to other cities like Kharkiv and Borodianka, and later Kyiv and Odesa in 2026 [2][3] - Kyivstar is investing USD 1 billion from 2023 to 2027 to enhance Ukraine's connectivity and digital infrastructure, including 5G and other advanced technologies [5][8] 5G Pilot Project - The 5G pilot in Lviv is a collaborative effort with the Ukrainian government, focusing on populous cities with existing infrastructure [3][4] - Full-scale 5G rollout will be considered post-war, while Kyivstar continues to enhance its 4G network, achieving peak speeds over 1 Gbps in some areas [3][4] - The 5G network in Ukraine will operate on two frequency bands: 3500 MHz for high speeds and 700 MHz for broader coverage, with peak download speeds exceeding 2.4 Gbps during testing [6] Company Commitment and Strategy - Kyivstar's CEO emphasized the company's role in driving digital transformation in Ukraine, including partnerships for satellite connectivity [5] - The company has conducted extensive preparations to ensure 5G activation does not interfere with military communications, having previously tested 5G in February 2024 [5] - Kyivstar's investments are aimed at supporting Ukraine's recovery and enhancing digital services, including a sovereign Ukrainian language model [5][8]