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Thread: Telkom tanks nearly 5% to new low

  1. #1

    Default Telkom tanks nearly 5% to new low

    Telkom tanks nearly 5% to new low

    Analysts warned that Telkom’s delisting was becoming a more distinct possibility after the group’s shares slid to an all-time low of R16.74 on the JSE in noon trade. more

  2. #2
    Super Grandmaster cerebus's Avatar
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    I can't tell whether this is a bargain or a moneypit.
    You were watching until a stone was cut out without hands

  3. #3

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    When will Telkom have to pay the R3,5bn outstanding CC fine:
    http://www.businessday.co.za/article...aspx?id=165012

    This case has been dragging on for almost 10 years. Surely this will be the nail in the coffin for Telkom and its largest shareholder the ANC.

  4. #4
    Karmic Sangoma ghoti's Avatar
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    I was speaking to some Telkom executives a week or so ago about why their shares are diving. I told them straight. Offer your wholesalers uncapped so we can be competitive with MWEB. Once again I was told that the uncapped model is unsustainable. So I just responded, "so is your share price".
    I believe Ayn Rand's first love poem went: Roses are red, violets are blue, finish this poem yourself you dependent parasite".
    Colbert

  5. #5

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    Telkom is in a huge mess, thanks to the governments interferance.

  6. #6

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    Telkom shares are plummeting today - down nearly 8% to R16.20. There is something big which will announced I think.

  7. #7

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    Quote Originally Posted by rpm View Post
    Telkom shares are plummeting today - down nearly 8% to R16.20. There is something big which will announced I think.
    Management exits?
    Celine: "I'm not saying you're stupid, I just think you have bad luck when it comes to thinking."

  8. #8

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    Quote Originally Posted by MickeyD View Post
    Management exits?
    Would that push the price up or down?

    Just asking

  9. #9
    Super Grandmaster evilstebunny's Avatar
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    Love the 'Telkom is broken' picture!

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