MTN issues trading statement warning of swing from headline earnings to headline loss

[Jan]

MTN warns of massive losses

MTN Group has warned that it expects to report a 140% to 150% decrease in headline earnings per share for its half-year results.

The company's headline earnings will swing from R5.42 per share for the January–June period last year, to a headline loss of between R2.17 and R2.71.

 

[Cumulus]

Not surprised.

 

[SubtleBeast]

MTN warns of massive losses

Translation: get ready for massive contract price increases.

 

[Fuzzbox]

Investing in business outside of SA is usually very RISKY.

 

[PaulGherkin]

Investing in business outside of SA is usually very RISKY.

Greed trumps risk, every single time.

 

[Fuzzbox]

Greed trumps risk, every single time.

And look where it got them .