Telkom expects lower earnings

[rpm]

Telkom expects lower earnings

Telkom on Tuesday said it expects basic earnings per share and headline earnings per share for the year ended March to decrease by 50% to 60% and approximately 40% to 50% respectively, from the previous period.

 

[Sting]

And this includes the Vodacom portion!

 

[The_Unbeliever]

Ag shame, sorry to hear that.

 

[davemc]

Hey, why doesn't Telkom improve it's product roll-out speed?
That way they'll have more customers, and more income.

Na, too obvious.

 

[The_Unbeliever]

Hey, why doesn't Telkom improve it's product roll-out speed?
That way they'll have more customers, and more income.

Na, too obvious.

Nah, too much work for them.

They just want to have things done the easy way.

 

[Sting]

The question should rather be: Why does Telkom not reduce its number of products and focus on the few high impact ones, eg. Broadband ?

 

[Necuno]

now the elephant and elephantees will have to do with less dosh

 

[Thestealth]

When will they announce their new pricing (if any)? Does it also happen when they announce their results?

 

[The_Unbeliever]

now the elephant and elephantees will have to do with less dosh

Ag shame. Now they'll have to give up their luxurious seaside cottages and apartments...

 

[gregmcc]

So instead of getting something like 100 million profit they're now getting 50 million- thats terrible!

 

[Juice]

However, its Nigerian operations, which were acquired in the previous financial year, 'proved difficult' and reported losses as a result of competitive pricing pressures

BWAHAHAHahahaHAHAHAHahahaHAHAHAAAAAAAA!!!

Oh wow, I think the irony might very well kill me...

HEHEHeheheheahhahahahAHHAHAHWAHWHHAWHWHA!!!!

 

[Sneeky]

All I can muster up is ,,

 

[SirFooK'nG]

Jee ... that is a surprise (NOT)!!! I got such bad service from them 10yrs ago, i refuse to pay another cent to them! and have not. and will not !!! No telkom land line, adsl ... anything!

Use iBurst and cell phones ! so what if it costs more - Faaark them !

 

[LottaFun]

I hope they rot in hell for the bad service they deliver!!

 

[OhGats]

Methinks performance bonus packages will be given out and prices will be shoved up in typical ZA fashion

 

[Netguy]

With hindsight (end March has been gone for nearly 7 weeks already, the warning is really insightful (Telkom - it's May already)!

 

[fusion01]

*sheds tear*

 

[DragonLogos]

No surprise their shares tanked on the JSE Monday, in fact they are a bit lower today, closing at just over R58.82 - looks like the party is over, one or two big losses and it could all come apart