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Question of the Day: What is your stance on AI?
Vodacom will be in Top 40 when it lists
- Thread starter rpm
- Start date
AirWolf
Honorary Master
15% @ R22.5BN = Total Value @ R150BN
525 million shares
+/- R286 / share
Total Value = R80BN
+/- R152 / share.
Total Value = R70BN
+/- R133 / share.
My guess is that the price should shot up as soon as the shares are listed because of the keen interest, and the price should normalise after a month or two.
525 million shares
+/- R286 / share
Total Value = R80BN
+/- R152 / share.
Total Value = R70BN
+/- R133 / share.
My guess is that the price should shot up as soon as the shares are listed because of the keen interest, and the price should normalise after a month or two.
drukkie
Expert Member
Can white people also buy these vodacom shares ? LOL
AirWolf
Honorary Master
Sting
Ghost in the Machine
Anyone can, but ATM the only way is to buy Telkom shares. Closes today. When Vodacom lists on Monday 18 May, for each Telkom share you own, you receive 1 Vodacom share and a R19 special dividend.
Pitbull
Verboten
Ou grote
Honorary Master
Pitbull
Verboten
This Moggie tip if it's correct could rake in a massive amount of rands if Moggie can provide a reliable source
Think about it. For every telkom share you buy you get 1 Vodacom share for free which will not start on the JSE for less than R 100. And also get a R 19.00 special dividend.So in essence even if you don't make a cent on the telkom share, you get R 119 at least for FREE
I hope this is true 
Ou grote
Honorary Master
Sting
Ghost in the Machine
I bought a few months ago at R98/share....
http://www.fin24.com/articles/defau...1518-2387-2477_2516817&IsColumnistStory=False
http://www.fin24.com/articles/defau...1518-2387-2477_2516817&IsColumnistStory=False
Pitbull
Verboten
Nice
But there is a little bit of a catch in this now. What will happen to the Telkom share price once they have no more stake in Vodacom. Now that might send the Telkom shares to crash very hard. But any which way there is monet to make here
Sting
Ghost in the Machine
The combination of the Telkom share price, Vodacom share price and the R19 dividend per Telkom share means that you will at least make your money back. Thereafter you are in for the longhaul wait. Telkom price must drop, but will recover (not to its current price) depending on its future plans - remember it now owns MultiLinks in Nigeria and that is included in it current and future share price. Vodacom price will go up especially now that they will not be restricted in their Africa expansion plans.
ToxicBunny
Oi! Leave me out of this...
Damn.. If I'd known about this I might have dropped 50k on Telscum shares recently.......
Oh well... life goes on.
Oh well... life goes on.
AirWolf
Honorary Master
Price sitting at around R117.50 at the moment.
roberth
Well-Known Member
There are +/- 520 million Telkom shares in issue, and each Telkom share holder gets 1 Vodacom share, but Telkom can only distribute the 35% it is left with after the sale.
So the 525 million Vodacom shares "in issue" represents only the 35% of Vodacom which Telkom are distributing to their shareholders. The remaining 65% will be held by Vodafone. There are going to be approximately 1,5 billion shares in Vodacom in total according to a JSE SENS announcement by Telkom last month.
So, if total Vodacom Value = R80BN
Then 80BN/1.5 = R53 / share
AirWolf
Honorary Master
I managed to get R10k worth of Telkom shares today, but is the status quo still the same, now that ICASA has back-tracked?