I send an amazing twitter tweet earlier #'ed MTN
Lol damn you, it started falling again
-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: Oldest working tech or appliance in your house that you refuse to replace?
The MTN share price thread
- Thread starter Thor
- Start date
Lol damn you, it started falling again
I cashed in.
As it was my goal.
However the rule got my attention.
If MTN lists on Nigeria as well.... Then that's a massive cash injection.
Also we might be getting some Nigerian ETFs on the JSE soon.
As it was my goal.
However the rule got my attention.
If MTN lists on Nigeria as well.... Then that's a massive cash injection.
Also we might be getting some Nigerian ETFs on the JSE soon.
Last edited:
Mozambique, DRC, Tanzania..all part of SA now are they?
BTW think you did the right move cashing out - that fine is really going to hurt the bottom line I would have though.
Those were part of Vodacom prior to Vodafone if memory serves. There a webinar on justonelap.com about the Vodacom Vodafone Africa thing. I'll see if I can find it.
Mozambique, DRC, Tanzania..all part of SA now are they?
BTW think you did the right move cashing out - that fine is really going to hurt the bottom line I would have though.
Regarding the fine.
I don't think so, in fact this splitting over 3 years might actually help them since I am more than convinced they budgeted for that fine hence the weak sens etc. They are miss mananeged, but I don't think they're that stupid. Time will tell though.
boeriebuffet
Senior Member
Well well the hammer has fallen (excuse the pun Thor 
). Although I would think there was some luck involved here, I would say a job well done Sir! 
). Although I would think there was some luck involved here, I would say a job well done Sir! 
From its roots in South Africa, Vodacom has grown its operations to include networks in Tanzania, the Democratic Republic of Congo, Mozambique, and Lesotho and provides business services to customers in over 40 African countries such as Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, and Cameroon.
mattrudlles
Expert Member
What is happening with mtn shares? They are just free falling it seems!
Not sure, I cashed mine in and moved into TAS and CCO
I think TAS will be a big upside in the next 2 years (disclaimer do your own research)
And as for CCO. Panic hits and property is the first to take a dive, so I'm buying CCO all the way as I believe it's price is just panic and uncertainty atm. Remember they still own all the property they have not lost anything it's just mass hysteria driving property prices and ability to sell down I think/believe.
So I'm a buy on TAS and CCO
RogueTr00per
Honorary Master
Sigh, I always hang on to these things too long :/
mattrudlles
Expert Member
It looks like MTN is paying a dividend this month end. Plus the talks of them listing in Nigeria seem certain to go through. Shares always drop when dividends are due. The listing must mean something for the value of the share. Perhaps they're splitting them to give a higher volume to make the price more attractive for investors in Nigeria?
mattrudlles
Expert Member
I had a look at taste, but I need to research it some more.
They have taken quite a hit in recent months. I am also tempted. I think I might cut my losses with mtn and buy taste.
Hold MTN, they will recover, save up and then buy TAS. With TAS there is no rush it will be a while before the Starbucks ordeal reflects with profit there is no rush. imo
My broker is of the same opinion re: MTN
Yay