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Blue Label Telecoms


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#21 JK001

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Posted 26 September 2018 - 05:59 PM

When did the brothers buy those shares? In last month?

Between the joint CEOs and another director about R 70 million rand worth of shares on sept 7: See sens below:

 

NOTICE OF DEALINGS IN SECURITIES IN TERMS OF PARAGRAPHS 3.63 TO 3.66 OF THE
JSE LIMITED (JSE) LISTINGS REQUIREMENTS

Dealings in securities by directors of Blue Label.

In compliance with paragraph 3.63 – 3.66 of the JSE listing Requirements, the following
information, is disclosed:

Company: Blue Label Telecoms Limited
Director: Mr MS Levy
Class of securities: Ordinary shares
Date of transaction: 06 September 2018
Number of securities: 3 500 000
Price per security: R6.58
Total value: R23,030,000.00
Nature of transaction: On-market conversion of contracts for difference
Nature and extent of director’s interest: Direct beneficial
Clearance to deal: Obtained in advance in accordance with JSE Listings
Requirements

Company: Blue Label Telecoms Limited
Director: Mr BM Levy
Class of securities: Ordinary shares
Date of transaction: 06 September 2018
Number of securities: 3 500 000
Price per security: R6.58
Total value: R23,030,000.00
Nature of transaction: On-market conversion of contracts for difference
Nature and extent of director’s interest: Direct beneficial
Clearance to deal: Obtained in advance in accordance with JSE Listings
Requirements

Company: Blue Label Telecoms Limited
Director: Mr DA Suntup
Class of securities: Ordinary shares
Date of transaction: 06 September 2018
Number of securities: 3 700 000
Price per security: R6.58
Total value: R24,346,000.00
Nature of transaction: On-market conversion of contracts for difference
Nature and extent of director’s interest: Direct beneficial
Clearance to deal: Obtained in advance in accordance with JSE Listings
Requirements


The above conversion shall result in their underlying shares in Blue Label being transferred back to
them, with no impact or change in their shareholding in the company.
Sandton

07 September 2018


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#22 Ms Jet

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Posted 26 September 2018 - 12:41 PM

Thanks bullhunter..glad i bought my shares..Ill hold until rise..no rush
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#23 Bullhunter

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Posted 26 September 2018 - 11:45 AM

Interview: Brett and Mark Levy on the future of Blue Label Telecoms

 

https://techcentral....07e4cf-17535649


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#24 Ms Jet

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Posted 26 September 2018 - 08:21 AM

When did the brothers buy those shares? In last month?
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#25 Spell Jammer

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Posted 26 September 2018 - 08:04 AM

Nope, myself working a lot with the lending industry.  First priority for consumers and even more so in the next generation of wealth is buying and paying for their cellphones and airtime/data.  "you can take my car, house and everything else, but not my smartphone" - in fact a study by Accenture showed that next generation is willing to give up friends instead of smartphone.

 

By the way, the 2 brothers each bought R 23 million worth of BLU shares at over R6 a share.  What do they know that we don't? 

 

For a moment stop trying to compare MTN, Vodacom to CellC - disruptive is when you don't follow the minions.

 

potcast 4pm today:  

 

https://techcentral....telecoms/83966/

 

I heard a quote once that really sticks to me "Innovation is something that give people the access to the experience that only rich and clever people can do" - these guys are leveraging that. 

I doubt that. Check out this article. Smoke and mirrors.

 

https://mg.co.za/art...its-own-airtime


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#26 JK001

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Posted 25 September 2018 - 08:51 PM

It is utterly silly trying to ignore Telco trends at the moment, there is nothing disruptive about Cell C, they have posted one profit since exception, they are perpetually in survival mode. Secondly, please read this.

 

https://businesstech...ay-their-bills/

https://www.accentur...ents-ten-trends


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#27 JK001

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Posted 25 September 2018 - 08:42 PM

It is utterly silly trying to ignore Telco trends at the moment, there is nothing disruptive about Cell C, they have posted one profit since exception, they are perpetually in survival mode. Secondly, please read this.

 

https://businesstech...ay-their-bills/

you did not listen to the potcast as it is 58 minutes, i posted 23 minutes ago. So go uninformed and do what you believe.


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#28 Spell Jammer

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Posted 25 September 2018 - 08:26 PM

Nope, myself working a lot with the lending industry.  First priority for consumers and even more so in the next generation of wealth is buying and paying for their cellphones and airtime/data.  "you can take my car, house and everything else, but not my smartphone" - in fact a study by Accenture showed that next generation is willing to give up friends instead of smartphone.

 

By the way, the 2 brothers each bought R 23 million worth of BLU shares at over R6 a share.  What do they know that we don't? 

 

For a moment stop trying to compare MTN, Vodacom to CellC - disruptive is when you don't follow the minions.

 

potcast 4pm today:  

 

https://techcentral....telecoms/83966/

 

I heard a quote once that really sticks to me "Innovation is something that give people the access to the experience that only rich and clever people can do" - these guys are leveraging that. 

It is utterly silly trying to ignore Telco trends at the moment, there is nothing disruptive about Cell C, they have posted one profit since exception, they are perpetually in survival mode. Secondly, please read this.

 

https://businesstech...ay-their-bills/

 

 

Generally, South Africans will look towards expenses that are easy to cut out of their lifestyle and considered luxuries, such as take-outs, movies etc, Roets said.

“Thereafter they tend to evaluate items that run as debit orders that they are able to reduce, which includes cellphone and gym contracts and clubs they belong to.

“From there they would most likely look at revising various insurances to make their cover more affordable.”


Edited by Spell Jammer, 25 September 2018 - 08:27 PM.

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#29 JK001

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Posted 25 September 2018 - 07:59 PM

I still dont' understand why you rate a loss making Telco to defy current Telco share price trends with an upbeat valuation on it when profitable Telcos are in decline? Add to this is the fact that MTN and Telkom are in talks about a merger, meaning that Cell C would be in the wilderness and likely unsustainable and unprofitable should the competition commission allow this merger. 

 

The recession makes this worst because the first thing that consumers cut in times of recession are Mobile contracts and purchase less airtime, data etc. 

Nope, myself working a lot with the lending industry.  First priority for consumers and even more so in the next generation of wealth is buying and paying for their cellphones and airtime/data.  "you can take my car, house and everything else, but not my smartphone" - in fact a study by Accenture showed that next generation is willing to give up friends instead of smartphone.

 

By the way, the 2 brothers each bought R 23 million worth of BLU shares at over R6 a share.  What do they know that we don't? 

 

For a moment stop trying to compare MTN, Vodacom to CellC - disruptive is when you don't follow the minions.

 

potcast 4pm today:  

 

https://techcentral....telecoms/83966/

 

I heard a quote once that really sticks to me "Innovation is something that give people the access to the experience that only rich and clever people can do" - these guys are leveraging that. 


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#30 Spell Jammer

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Posted 25 September 2018 - 09:38 AM

Read earlier posts by me where I gave an explanation- see Cell C latest results.  If you agree loss reduced 33% then we are still on par.  If you agree loss was only R 600 million then we are still on par.  So you agree it has turned around, still not profitable but on the upside.  So worst case BLU has to write off 45% (BLU stake in CellC), then the loss for CellC in BLU is only R 270 million.   So for now imagine that CellC has now value.  That equates to BLU before the CellC deal.  BLU share price was then around R 20 a share.  Take 50% of for investor sentiment and you sit with R 10 a share.  From that period BLU itself has performed the next year right? So add back CellC when you are ready.  

 

Then just to ease yourself, go to " FIN24 BLU share price"  scroll down to ownership and see how many shares was bought by big funds and investors (100+ million) and how many was sold (just over a million).

I still dont' understand why you rate a loss making Telco to defy current Telco share price trends with an upbeat valuation on it when profitable Telcos are in decline? Add to this is the fact that MTN and Telkom are in talks about a merger, meaning that Cell C would be in the wilderness and likely unsustainable and unprofitable should the competition commission allow this merger. 

 

The recession makes this worst because the first thing that consumers cut in times of recession are Mobile contracts and purchase less airtime, data etc. 


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#31 JK001

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Posted 23 September 2018 - 07:43 PM

Look sens whys director selling if going surge..not large sum but still!

 

It actually said to cover interest , Rule #344 do no buy shares on credit :-)


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#32 Ms Jet

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Posted 23 September 2018 - 04:17 PM

What do you people going long think its worth...i have 30000 rands worth...im trying dim up what everyone is saying 😁
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#33 Ms Jet

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Posted 23 September 2018 - 02:36 PM

Look sens whys director selling if going surge..not large sum but still!
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#34 SoleTrader

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Posted 23 September 2018 - 11:21 AM

i went big on Friday - 50 000 shares at 530-550c. This company is either fucked, or the market is totally wrong.  But at this low PE ratio I am willing to take a chance. I am also long shares at the 1250c level! 


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#35 JK001

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Posted 21 September 2018 - 06:12 PM

MTN's share price rising at the moment is due to this. Go and look at MTN and Vodacom's share performance for the YTD.

https://www.moneyweb...nd-8bn-dispute/

 

Im referring to your earlier posts regarding Cell C's fibre strategy. This share is being punished by the market for a reason (its lost almost 40% in a month). If you believe that it is currently worth R9 and above then I wish you luck, but i need to see tangible results and reasoning from you to convince me of that valuation at the moment.

Read earlier posts by me where I gave an explanation- see Cell C latest results.  If you agree loss reduced 33% then we are still on par.  If you agree loss was only R 600 million then we are still on par.  So you agree it has turned around, still not profitable but on the upside.  So worst case BLU has to write off 45% (BLU stake in CellC), then the loss for CellC in BLU is only R 270 million.   So for now imagine that CellC has now value.  That equates to BLU before the CellC deal.  BLU share price was then around R 20 a share.  Take 50% of for investor sentiment and you sit with R 10 a share.  From that period BLU itself has performed the next year right? So add back CellC when you are ready.  

 

Then just to ease yourself, go to " FIN24 BLU share price"  scroll down to ownership and see how many shares was bought by big funds and investors (100+ million) and how many was sold (just over a million).


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#36 Spell Jammer

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Posted 21 September 2018 - 01:59 PM

You are right Vumatel is one of the the Fibre suppliers, some others may even give you greater value cause they are also ISPs (internet service providers), but in BLU style (wholesale), they can you offer you better rates through CellC because of the volumes they purchase. Why do you think most of the banks sell you airtime through BLU?

 

Maybe I did not express myself well:  I said that CellC may still make a loss for the next 2 quarters.  Based on current trends less than R 600million (worst case).  So, I have put no value to CellC (it is yours for free with BLU).  And for BLU to absorb such a loss is a blink.  My humble advice is stop focusing on CellC as its is a non-event under new management.  And if it does bloom take that it as a bonus.   btw.  MTN is up 7% today - people's priority today is to first pay their mobile and or airtime/data and the rest can wait.

 

Your statement that CellC is in a worse financial position may require some additional reading.  CellC nett loss reduced with 33% to R 600 m, simple math tells me it is improving? 

 

Happy to eat humble pie come Feb 2019.   Disclaimer - I am seriously invested in BLU (relativity taken into account) and we all invest in what we believe.

MTN's share price rising at the moment is due to this. Go and look at MTN and Vodacom's share performance for the YTD.

https://www.moneyweb...nd-8bn-dispute/

 

Im referring to your earlier posts regarding Cell C's fibre strategy. This share is being punished by the market for a reason (its lost almost 40% in a month). If you believe that it is currently worth R9 and above then I wish you luck, but i need to see tangible results and reasoning from you to convince me of that valuation at the moment.


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#37 JK001

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Posted 20 September 2018 - 07:22 PM

Why should it go up based on recent results? Why does Cell C defy the existing Telco trend for you? Go and look at MTN and Vodacoms share price performance this year. What logic is being used to assume that a loss making Telco's share price should defy domestic industry trends? Especially on a dodgy Fibre strategy?

You and Mr. Market are misinformed if you think CellC strategy is Fibre only.   you have some serious reading to go do.


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#38 JK001

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Posted 20 September 2018 - 07:18 PM

This doesn't make sense. Cell C partners with Fibre Network Operators like Vumatel and provide their fibre on an open access network by making services available to ISP's like Cell C? Vumatel is the Multichoice of Fibre in SA at the moment.

 

Let me ask you this. Why do you value Cell C a a loss making entity at a higher share price than profit making Telco's like Vodacom and MTN? These profit making Telco's share prices are in the doldrums at the moment? Why is Cell C a special case for you when they are in a worse financial position?

 

You are right Vumatel is one of the the Fibre suppliers, some others may even give you greater value cause they are also ISPs (internet service providers), but in BLU style (wholesale), they can you offer you better rates through CellC because of the volumes they purchase. Why do you think most of the banks sell you airtime through BLU?

 

Maybe I did not express myself well:  I said that CellC may still make a loss for the next 2 quarters.  Based on current trends less than R 600million (worst case).  So, I have put no value to CellC (it is yours for free with BLU).  And for BLU to absorb such a loss is a blink.  My humble advice is stop focusing on CellC as its is a non-event under new management.  And if it does bloom take that it as a bonus.   btw.  MTN is up 7% today - people's priority today is to first pay their mobile and or airtime/data and the rest can wait.

 

Your statement that CellC is in a worse financial position may require some additional reading.  CellC nett loss reduced with 33% to R 600 m, simple math tells me it is improving? 

 

Happy to eat humble pie come Feb 2019.   Disclaimer - I am seriously invested in BLU (relativity taken into account) and we all invest in what we believe.


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#39 Spell Jammer

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Posted 20 September 2018 - 11:55 AM

So you're basically saying you don't see the share price going back up anytime soon?

Why should it go up based on recent results? Why does Cell C defy the existing Telco trend for you? Go and look at MTN and Vodacoms share price performance this year. What logic is being used to assume that a loss making Telco's share price should defy domestic industry trends? Especially on a dodgy Fibre strategy?


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#40 Rex

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Posted 20 September 2018 - 10:12 AM

This doesn't make sense. Cell C partners with Fibre Network Operators like Vumatel and provide their fibre on an open access network by making services available to ISP's like Cell C? Vumatel is the Multichoice of Fibre in SA at the moment.

 

Let me ask you this. Why do you value Cell C a a loss making entity at a higher share price than profit making Telco's like Vodacom and MTN? These profit making Telco's share prices are in the doldrums at the moment? Why is Cell C a special case for you when they are in a worse financial position?

 

So you're basically saying you don't see the share price going back up anytime soon?


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