EARNINGS PREVIEW: Telkom S.A. FY '05 EPS Seen + 32% On Yr

rpm

Admin
Staff member
Joined
Jul 22, 2003
Messages
66,806
Reaction score
5,057
Location
Johannesburg
Telkom S.A. (TKG) expected Monday to report a 32% rise in FY '05 fully diluted headline EPS to ZAR11.40 versus ZAR8.64 a year ago, according to an average of four analysts' forecasts. Dividend seen rising to ZAR3.30 from ZAR2.00, but possibility of special dividend as well. Telkom has been aided by delay in awarding of second fixed line license in South Africa, also boosted by 50% stake in mobile phone network Vodacom. Shares +1.8% to ZAR113.07 compared to 1% rise in All Share Index to 13997.
 
Congratulations to them on generating a good return by managing to make money from something as difficult to sell as communications.. any business school would be proud of their profound achievements and ability to create money in such great amounts from things which one doesn't really actually need, namely a telephone and internet.

I stand in awe with my mouth wide open, whilst trying to grasp the boundless business skill which display themselves at Telkom. Making money from a basic human right is not an easy thing, on the contrary, convincing someone to phone their relatives or friends, or to even google for educational material, is an entirely daunting task.

Now is the time that we should all thank the people behind the scenes at Telkom - the ones who formulate prices and policies - for what they have done. They have proved to us all that a conscience and patriotism actually isn't absolutely necessary to keep the human body alive, and that one can live a good life and thrive on the hard-earned money from people living in a country with an unemployment rate of 40%.

Well done Telkom, you have my vote.. I bow in front of you, although it is to hide my rose red cheeks at the embarassment to which South Africa is presented every day. If anyone ever asks me if you are a South African company I shall reply 'Definitely not' and then bite my tongue for having told a lie. I cannot fathom why you are doing to this country's people what you are doing, but I can assure you people have long memories when it comes to companies like you, and by gad, the wheel does turn.

But congratulations anyway - may the resounding loudness of your overwhelmingly hollow victory echo in the cavernous space which is your pride in South Africa.
 
kilps said:
I think someone is writing in the wrong tab / window :p
nope - reference to the massive r100 bet btw stoke and dominic re the telkom share price come march or so next year

@ic - stoke may indeed be MaD but is MaD stoked? I C do you?:confused:
 
dominic said:
nope - reference to the massive r100 bet btw stoke and dominic re the telkom share price come march or so next year

@ic - stoke may indeed be MaD but is MaD stoked? I C do you?:confused:
i c clearly now the rain/fog has gone/lifted...
 
ZAR5000000000/31536000 seconds = ZAR 158.55 a SECOND in net profit for 2005.
If they gave one DAYS profit to schools in disadvantaged areas in the form of a 192 connection, that would be 47,237 schools connected for one month or 3936 schools connected for one year.

If they gave one WEEKS profit (tax deductable no less) to schools in disadvantaged areas, that would be 330,659 schools connected for one month (on a 192 service) or 27,555 schools connected for one year.

I have no idea how many schools there are in the country but i can tell you this, that this gesture by Telkom would go A LONG WAY to meeting their committment to making South Africa "an information nation"

I can feel another press onslought coming on..........watch this space.
BTW, anybody got any idea how many government schools we have in the country?
 
I don't follow the relevance of 'government' schools - methinx the connectivity discount actually applies to all schools, which is a not unreasonable baseline for your assertions. Nevertheless, there are about 36000 schools countrywide in total (includes public, private and farm schools), with the most probably in KZN, being the most populous province. Educator registrations at SACE are about 380000, giving a ratio of 10,6:1 - sounds about right...
 
Schools should get free connections, no question about it, one cannot put a price on education.
 
MAD your wrong, Telkom can put prices on your sleeping times aswell. Imagine Telkom had a monopoly over regulating sleeping patterns, "Telkom introducing SleepMORE service from 7pm-7am for one fee per sleep cycle"

Just pray you dont get woken up by a night mare ;-) Will be forced to reconnect to dreamland at additional costs.

Not to mention, imagine it had a 3day cap, we would then clearly see how much Telkom is fakkin up the country.

Gah !!!
 
Top
Sign up to the MyBroadband newsletter
X