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Blue Label Telecoms


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#21 JK001

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Posted 26 September 2018 - 06:20 PM

anyway - can anybody tell me how to edit a post - working with a MAC and cannot find an edit button - frustrating


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#22 JK001

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Posted 26 September 2018 - 06:19 PM

never bought..merely converted cfd to underlying..Half the problem with these bros are gambling in cfds in own shares...Think already was a force sale a month ago...

Won;t surprise me - from what I read their mom had a hard time cause they always wanted to sell everything.


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#23 Polly

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Posted 26 September 2018 - 06:05 PM

and still taking a knock on this conversion...eish


Edited by Polly, 26 September 2018 - 06:06 PM.

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#24 Polly

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Posted 26 September 2018 - 06:04 PM

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

 

never bought..merely converted cfd to underlying..Half the problem with these bros are gambling in cfds in own shares...Think already was a force sale a month ago...


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#25 Ms Jet

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Posted 26 September 2018 - 06:04 PM

Seems like half people think the share screwed and other half not...i think itll rise..
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#26 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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#27 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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#28 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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#29 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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#30 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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#31 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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#32 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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#33 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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#34 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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#35 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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#36 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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#37 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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#38 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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#39 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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#40 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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