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#1 PlatinumWealth.co.za

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Posted 19 May 2017 - 07:38 PM

How does the Blue label + Cell C deal affect Vodacom and MTN?


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#2 Jack5

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Posted 18 May 2017 - 08:08 AM

 

Another fine of R110million,,

For IT hub infringement...

What is that!!!

They dont have terrorists or do they?

Rwanda politicos must need the money ,,,
 
Damn it MTN when is this bad news going to stop!!!!

 

Apparently there was a clause in their contract which stated they had to use IT infrustructure in Rwanda. MTN broke the contract and used IT in Ghana, so that is why they are being fined.

 

Once again bad management is costing shareholders. One has to wonder what other fines are still waiting.


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#3 Hemel

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Posted 17 May 2017 - 03:06 PM

Another fine of R110million,,

For IT hub infringement...

What is that!!!

They dont have terrorists or do they?

Rwanda politicos must need the money ,,,
 
Damn it MTN when is this bad news going to stop!!!!

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#4 SouthAfricanMi.com

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Posted 27 February 2017 - 12:32 PM

For those that didn't see the SENS or MTNs share price performance over last 3 years and who doesn't know where MTN makes its money..

Www.southafricanmi.com/blog-27feb2017.html

News is bad yes but market already prices it all in.

Always darkest before dawn.
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#5 PlatinumWealth.co.za

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Posted 22 February 2017 - 04:22 PM

 

Your growth that you need is a bit shoddy- If true value is shown you would owe them money :D  - Lets talk figures
 
Turnover 14.2% 79 115.0 69 304.0 Attributable Income -146.1% - 5 489.0 11 900.0 Market Cap (ZARm) -37.5% 260 502.0 416 890.7 EPS (ZARc) -146.1% - 301.00 653.00 HEPS (ZARc) -141.4% - 271.00 654.00 DPS (ZARc) -47.9% 250.00 480.00
  
Your market cap halfed - eps is in the minus - Dps is halfed
 
The thing is this company is imposed a big fine (also read the latest SENS) , this will take a long time to recover . The only thing that i asume is pushing up the price is long term investors pumping money in as this is easy pickings .    

 

Solid point, Do I want to gamble 10 years..... Maybe :P


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#6 HighRiskGain

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Posted 22 February 2017 - 11:52 AM

Completely agree. My worry is what can MTN realistically achieve now, knowing their all time highs where due to shaddy dealings in Nigeria.
 

Perhaps their current value now is a true representation of their worth?

(Just talking out load here, I am a amateur)

Your growth that you need is a bit shoddy- If true value is shown you would owe them money :D  - Lets talk figures
 
Turnover 14.2% 79 115.0 69 304.0 Attributable Income -146.1% - 5 489.0 11 900.0 Market Cap (ZARm) -37.5% 260 502.0 416 890.7 EPS (ZARc) -146.1% - 301.00 653.00 HEPS (ZARc) -141.4% - 271.00 654.00 DPS (ZARc) -47.9% 250.00 480.00
  
Your market cap halfed - eps is in the minus - Dps is halfed
 
The thing is this company is imposed a big fine (also read the latest SENS) , this will take a long time to recover . The only thing that i asume is pushing up the price is long term investors pumping money in as this is easy pickings .    

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Unseen lobster


#7 PlatinumWealth.co.za

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Posted 22 February 2017 - 11:14 AM

You should buy in for Long- This share is not going to move up soon due to penalty 

Completely agree. My worry is what can MTN realistically achieve now, knowing their all time highs where due to shaddy dealings in Nigeria.
 

Perhaps their current value now is a true representation of their worth?

(Just talking out load here, I am a amateur)


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#8 HighRiskGain

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Posted 22 February 2017 - 10:57 AM

MTN is killing me! 

Please grow now.

You should buy in for Long- This share is not going to move up soon due to penalty 


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Unseen lobster


#9 PlatinumWealth.co.za

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Posted 21 February 2017 - 06:00 PM

MTN is killing me! 

Please grow now.


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#10 SouthAfricanMi.com

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Posted 09 February 2017 - 10:06 AM

Terrible trading statement out by MTN yesterday. But the news was not unexpected. Ps we working on a new interactive chart for readers to play around with. Launched the first one today with MTN's share price. And we look at MTN's biggest contributors to revenue and pre tax profits.

 

http://www.southafri...g-9feb2017.html

 

Let us know what you think. Suggestions always welcome. A few more tricks will be added to the chart in coming days but this is the base we working off.

 

Cheers.


Edited by SouthAfricanMi.com, 09 February 2017 - 10:07 AM.

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#11 SouthAfricanMi.com

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Posted 25 October 2016 - 08:45 PM

Based on the strong move in MTN, we suspect a few short's got squeezed yesterday and today after their subscriber numbers update. 

 

http://www.southafri...-24oct2016.html

 

We still bullish on MTN. Always darkest before dawn. Data usage up massively on MTN's network.


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#12 Function

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Posted 11 October 2016 - 08:13 AM

Interesting article on the Forex situation in Nigeria

http://qz.com/805429...-your-currency/

 


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#13 Hemel

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Posted 09 October 2016 - 07:15 PM

MTN downgraded by GOLDMAN SACHS to a sell

they should know better than me with all their resources...


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#14 Hemel

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Posted 04 October 2016 - 06:57 PM

I noticed the technical analysis carried out by Sharenet showing the 2 options one long the other short....

But at the fundamental level with conditions getting tougher.. how can it get better? Logically MTN 's share price will go up only if their earnings grow...CFO says earnings are flat and costs are going up... What? is he fibbing?

 

At my level the company that I work for has just moved all its cellphones to Vodacom.. They were with MTN for about 15 years until their billing became a nightmare..MTN have lost about a ZAR 1 Million per year because of that...Maybe with new  better management things will turn...

 

Personally I took a severe mauling with the Nigerian fiasco... Once bitten twice shy...I was long..To answer your question NO I am out of it and hope the present longs dont get suckered if our market tanks...


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#15 SouthAfricanMi.com

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Posted 04 October 2016 - 03:27 PM

IG homepage shows that MTN clients are 95% LONG i.e only 5% SHORT

 

Statistically if the majority are usually wrong and stubborn as mules to boot..

What do they know that makes them so optomistic about MTN...

 

Or is it so low and cheap from a history point of view that it can't go lower...

 

Good luck to them....

IMO they may need it....IMO

 

Based on your willingness to see it go lower can we assume you part of the 5% that is short  ;)

 

MTN bond junk status is not the end of the world for them. They have capital too boot (granted some of it they struggling to repatriate to SA out of Nigera and Iran etc). But considering where they operate and the fine they got in Nigeria it is no surprise the ratings agencies started downgrading their credit rating.

 

Just remember these same agencies said sub prime debt was investment grade.. So take what they say with some amount of salt


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#16 Hemel

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Posted 03 October 2016 - 10:46 PM

IG homepage shows that MTN clients are 95% LONG i.e only 5% SHORT

 

Statistically if the majority are usually wrong and stubborn as mules to boot..

What do they know that makes them so optomistic about MTN...

 

Or is it so low and cheap from a history point of view that it can't go lower...

 

Good luck to them....

IMO they may need it....IMO


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#17 Hemel

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Posted 03 October 2016 - 08:39 PM

Its just more and more bad news with this company.....

+/- ZAR 115 today.....Junk bonds etc....New fines for USD 14 billions...

Maybe it will go to R80 or worse R50...

Would its market cap be too low to stay on TOP40,,,,

which would trigger more selling by the big fund managers....

 

Pain and disaster ahead 

 

Yes No maybe!!!


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#18 Investment novice

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Posted 30 September 2016 - 07:14 AM

I dont recall MTN paying a JSE Fine after the Nigerian shananigans, there was talk of investigation once the Nigerian saga was settled but no news of that ....my majjor concern is that evidence of one vulgarity points to leadership integrity and potential fiduciary violations. I have an expectation that with further issues this share will be pummelled and potentially will be victim to a hostile takeover following that. I love the share and historical dividend, but in the next year ir so this share could go all the way to R50....some may say carry on smoking, but see what happens when the market smells blood...the last time JSE had to stop trading


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#19 Hemel

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Posted 29 September 2016 - 06:15 PM

I remember Simon Brown hot tipping MTN in preference to Vodacom because of their diversified earnings from 80 countries.... Right before the share price took a severe haircut....

 

Yes... I wont forget that..... EVER.....


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#20 Hemel

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Posted 24 September 2016 - 01:33 PM

What I heard ( Maybe from Simon Brown?) - but makes sense to me, it that Telcoms will eventually be priced as utilities - so good dividend payers, steady income, but not going to shoot the lights out and therefore a P/E of 10 or so. Sure, data using is going up, but prices are coming down . voice calls, their cash cows of note, of course are also falling rapidly. 

 

Management though, not only has been pathetic, they have actually rewarded it. I got out at R180 after taking a 25% hair cut. Left a bad feeling, so happy to trade it , but it won't be finding it's way into my LTP 

MTN on a 80P/E....even though their forward estimated P/E is about 10...

 

But now there is new news of the politicals going after the money they diverted to postbox companies MTN Dubai and MTN Mauritius from Nigeria...

 

.Oh my but it is a lot... What will the fine for that be!!!!

 

According to their  CFO, earnings are flat. yet their costs of buying new equipment to provide for all that extra Data have gone up 40%..Due to ZAR weakness,,,

 

IMO This is not going to get  suddenly better.. IMO


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