Tim, the expectation is growing for the next Board of Directors with focus on Kkr
A roller coaster session for Tim, which reverses course again and yields over 9% after recovering up to + 9% from an opening in red. However, the stock remains close to historical lows. Halfway through the session to play in favor of the Tyrol was the news of the first meetings between the number one of the company, Pietro Labriola, and the financial community. The presentation of the new business plan had been negatively received by the Bag.
The top management is meeting, in the first stage of the road show that develops between today and tomorrow, the most important representatives of the financial community, such as Blackrock. In Piazza Affari, the company still travels at historic lows and capitalizes around 4 billion eurosless than the 8.5 billion of the tower company Inwit. Meanwhile, there is waiting for the convening of the next board of directors who should give the answer to the demonstration of fund interest Kkr, former shareholder of Fibercop, for 100% of the group at € 0.50 per share. The board is expected to meet again shortly, however by the end of the month.
Meanwhile, the CEO over the weekend Pietro Labriola in a video message to employees last weekend he stated that “the reaction in bag of the title was quite obvious because the numbers we presented are different from those presented in the past. And clearly the market has reacted in the manner of when it is faced with different things. “He also added:” many of you are worried but be careful to distinguish healthy worry from panic. Sure there there is concern, but it is that of those who know that we are facing a challenge and the ability to overcome it“.