To buy MTN Zakhele Futhi bee shares or not

[lagoaty]

The big question... To buy MTN Zakhele Futhi bee shares or not? YES or NO

 

[The_MAC]

I follow my own version of "Shariah Law" when supporting business's in their funding, and it is my principal to never support a business who has shafted me in the past, so my answer would unfortunately be NO

 

[milan188]

No. Additional funding is always a red flag unless they are rapidly expanding. So NO

 

[DA-LION-619]

I follow my own version of "Shariah Law" when supporting business's in their funding, and it is my principal to never support a business who has shafted me in the past, so my answer would unfortunately be NO

I'd buy Nasper shares.

 

[saturnz]

I'd buy Nasper shares.

you do realise these shares are being offered at R20 per share versus Naspers at R2000

 

[Jehosefat]

you do realise these shares are being offered at R20 per share versus Naspers at R2000

Actual price means nothing... You have to look at other (relative) measures like price to earnings, EBITDA to market cap etc. to determine value

 

[DA-LION-619]

you do realise these shares are being offered at R20 per share versus Naspers at R2000

Actual price means nothing... You have to look at other (relative) measures like price to earnings, EBITDA to market cap etc. to determine value

I was responding to his version of "Shariah Law", not that the OP should go buy Naspers instead of MTN.

 

[saturnz]

Actual price means nothing... You have to look at other (relative) measures like price to earnings, EBITDA to market cap etc. to determine value

actual price means a lot, if you only have R10 000 or less, as is the case generally with people who have been previously disadvantaged

 

[xumwun]

It's MTN so no. They're involved in almost as many scandals as Zuma

 

[R13...]

Given this latest accusation of illegal money repatriation I'd be wary of going near MTN. On the other hand they have a new group CEO coming in and from his CV he looks like the man to turn them around so you could miss out a good opportunity when the turnaround comes. The company has a large subscriber base and if managed properly should at least double that share price within 5 years.

 

[saturnz]

Given this latest accusation of illegal money repatriation I'd be wary of going near MTN. On the other hand they have a new group CEO coming in and from his CV he looks like the man to turn them around so you could miss out a good opportunity when the turnaround comes. The company has a large subscriber base and if managed properly should at least double that share price within 5 years.

exactly, you can throw a R2000 at it (assuming you qualify) and forget about it for 3 years, not much harm in that

you wont even be able to purchase one NASPERS share with R2000 though

 

[Jehosefat]

actual price means a lot, if you only have R10 000 or less, as is the case generally with people who have been previously disadvantaged

How do you figure that?

You might have some issues spending all of the money (unless you go to Easy Equities and get the partial shares for the leftover cash) but other than that I don't see how it makes any difference.

 

[xumwun]

actual price means a lot, if you only have R10 000 or less, as is the case generally with people who have been previously disadvantaged

Not so much of issue with a broker like Easy Equities though, you don't have to buy a whole share.
And i think NPN is closer to 2400 now.

 

[lagoaty]

Are the shares doing well?