Telkom in trouble

[Daily Investor]

Telkom in trouble

Telkom’s rising debt and declining cash flow may force it to unlock value by selling a strategic stake in Openserve and agreeing on the sale-and-leaseback of towers.

 

[rvZA]

Damn, now who did not see this coming the past 10 years?

Since the ANC is in control of the country and laws, the same warning can be issued to any private company, bank, insurance company, whatever listed on the JSE or not. They will all walk the same road in the next few years.

 

[OCP]

Not so easy when you are no longer a monopoly anymore hey Telkom (and DSTV).

 

[Kung Fu Porkchop]

Telkom in trouble

Telkom’s rising debt and declining cash flow may force it to unlock value by selling a strategic stake in Openserve and agreeing on the sale-and-leaseback of towers.

Everything the ANC has their grubby little fingers on, is in trouble

 

[rvZA]

Everything the ANC has their grubby little fingers on, is in trouble

Precisely, this is why you should ensure that you have nothing invested in SA, no matter how much money other people claim to make on the stock exchange. Get your money and investments out of the country or into your bank account. A lot of people will still lose a lot of money in SA.