Showmax burning through cash

Mawela reiterated they expect to see exponential “hockey stick” growth at Showmax, aim to double its subscribers, and grow its revenue to $1 billion (R18.4 billion) in the next five years.

Massive warning when a companies says, dont worry about us not making profit, growth will carry us through.
 
Seems to be the norm at the moment.
Don't worry we will come right.
 
Not a single person with business experience left in the country, unfortunately.
incorrect, there are lots of them. They are running small business and know better than to take a job in a business with investors that have no idea what the business is about.
 
incorrect, there are lots of them. They are running small business and know better than to take a job in a business exposed on the stock market.

If you are educated, skilled and experienced in business, you should have have no fear, whatsoever, to take on any job, whether the company is listed on the JSE or not. There is a line when it comes to politically exposes positions, like SOEs. This is where you stay away from. A private company in SA can be run, without government interference or threats, even if it means expanding it abroad and closing down shop locally. Unfortunately, these people do are no longer available in SA capable of doing this.
 
If you are educated, skilled and experienced in business, you should have have no fear, whatsoever, to take on any job, whether the company is listed on the JSE or not. There is a line when it comes to politically exposes positions, like SOEs. This is where you stay away from. A private company in SA can be run, without government interference or threats, even if it means expanding it abroad and closing down shop locally. Unfortunately, these people do are no longer available in SA capable of doing this.
I modified my post just after you responded, to clarify my point of view. The main issue is most investors, do not understand the businesses they invest in. They are either an investment manager trying to ride the bubbles for maximum return, people who inherited their money and know little about running a business, or people who earn a salary who also know little about running a business.

Smart investors are exceedingly rare.
 
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