MTN offers a compelling investment opportunity

[mylesillidge]

MTN a major investment opportunity

MTN provides a compelling investment opportunity at its current valuation, given its position to benefit from increased economic growth across Africa, strong balance sheet, and plans to reduce its sensitivity to foreign exchange rates.

This is feedback from the head of research at Old Mutual Wealth Private Clients, Victor Mupunga, who said the company has come under pressure from several macroeconomic headwinds in recent years.

 

[ThinkCentre]

I can remember a previous article where it showed that MTN is a bad investment!

 

[G.A.S]

Nigeria has a bad track record handing out multi-billion-dollar fines to multinationals. Why would anybody think that will stop?

 

[Fuzzbox]

pass on MTN

 

[Dups!]

pass on MTN

Have had their shares since 2022. Have lost about 30% so far. Not selling just yet, there is life still left in them. I just worry about the Nigerian operations.

I would rather see them scale down on that country.

 

[Bundu]

"Mupunga said that given MTN’s recent share price weakness, the company is trading below Old Mutual Wealth’s estimate of fair value."
So what is their fair value according to you? 1% higher?

 

[Pegging]

Sounds like OM want to dump their stock.

 

[Fuzzbox]

Never invest in a company that invests in NIGERIA.

 

[Swa]

I can remember a previous article where it showed that MTN is a bad investment!

I don't know where MTN stands but once a company reaches the top 10% they become a bad investment.

 

[Bundu]

I don't know where MTN stands but once a company reaches the top 10% they become a bad investment.

top 10% of what?

 

[Swa]

top 10% of what?

Of the market.

 

[Cius]

Will not touch a company that is that exposed to Nigeria with a 10 foot pole. Good luck to you.