MultiChoice failed to deliver on pre-listing promise

[Jan]

MultiChoice misery

MultiChoice shareholders have had a dismal few years, with wild share price swings and a deteriorating financial performance.

MultiChoice was unbundled from Naspers and was stable and listed on the Johannesburg Stock Exchange (JSE) on 27 February 2019.

 

[elf_lord_ZC5]

Ag SHEM!!
My heart bleeds lumpy custard for them.

Especially the Suites ...

 

[ectoplasm]

Ag shame. Did Monochoice forgot to pay their MyBB partner subscription this month? And now a negative article comes out to remind Monochoice that they need to pay.

 

[HumanShield]

But you know what will help. Lets pay the execs truck loads of money for this mediocrity

 

[PaulGherkin]

But you know what will help. Lets pay the execs truck loads of money for this mediocrity

And let's keep using this platform to spam articles every other day

 

[G.A.S]

MultiChoice’s poor performance is evident in its share price, which has declined by 36% since it was listed in 2019 to a low of R63 a share in 2023.
Its only saving grace was Canal+’s offer to buy the company for R125 per share.

This. But this also means that there is virtually no upside to MCG (currently R110, with a potential upside of R125 if and when the deal goes through), and a lot of downside (back to <R63 if the deal doesn't go through).

 

[Lupus]

Ag shame. Did Monochoice forgot to pay their MyBB partner subscription this month? And now a negative article comes out to remind Monochoice that they need to pay.

Please point to any positive article about MC from Mybb?

 

[Lupus]

But you know what will help. Lets pay the execs truck loads of money for this mediocrity

Never understood this part

 

[ectoplasm]

Please point to any positive article about MC from Mybb?

There was recently a slew of articles that showed how awesome MC is by catching a few kingpins of piracy in South Africa.

 

[Lupus]

There was recently a slew of articles that showed how awesome MC is by catching a few kingpins of piracy in South Africa.

Riiiiight, not sure how you read those as positives.

 

[SauRoNZA]

It was only ever unbundled so they could sink the ship quietly without affecting the rest of the Naspers empire.

This is all going perfectly to plan.

 

[elf_lord_ZC5]

It was only ever unbundled so they could sink the ship quietly without affecting the rest of the Naspers empire.

This is all going perfectly to plan.

What I said when this happened.

 

[ThinkCentre]

Multichoice! More is less and less is more! Figure it out!

 

[Fuzzbox]

SPORT for R400 per month.
What do they have to lose.