Added to YB: 2026-03-23
Pitch date: 2026-03-19
ZEG.L [neutral]
Zegona Communications plc
Author Info
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Company Info
Zegona Communications plc provides integrated telecommunications services in Spain. The company offers broadband, mobile, TV, voice, data, and other value-added products and services.
Market Cap
GBP 4.6B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.04
P/E
-208.93
EV/Sales
3.08
Sector
Diversified Telecommunication Services
Category
special_situation
Zenith Energy: Position Update
ZEG.L (exited position): Up 98% in month on ICC2 annulment progress. Tunisia missed deadline, contested Swiss Court jurisdiction, wants Tunisian Appeal Court instead—unlikely to succeed given incentive bias. Annulment based on alleged arbitrator-Tunisia relationship. If successful, stock should recover to 16p. ICSID hearing next month but award still years away. Sold at cost base, will re-enter post-selloff.
Read full article (4 min)