Rain’s astonishing valuation is much higher than what Neotel sold at

[Newsfeed]

Rain’s astonishing valuation is much higher than what Neotel sold at

African Rainbow Capital (ARC) released its maiden full-year financial results last week, which included a valuation of R10.72 billion for new mobile operator Rain.

ARC has a 20% shareholding in Rain, and according to its results presentation, it values this shareholding at R2.144 billion.

 

[Wall]

overvalued

 

[rpm]

overvalued

I also struggle to understand such a high valuation, but the information which is missing is how much Rain is making from Vodacom for data roaming. If they are making lots of money without high operational costs, this valuation may be justified.

 

[DXL]

Its important from the word go to Over inflate their valuation so when its time to sell you come out with a profit.

The Correct Valuation for Rain should be somewhere in the region of R4 Billion.

Net Asset Value is all that matters.

Towers
Existing Subscribers
Control Centres

ARC overpaid for their 20% share and that is obvious.

 

[Swa]

Neo who? That thing was a damp squib.