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Investors are also doubtful and it shows in the fall of Telkom’s share price which has fallen around 20% since March this year.
bekdik said:I guess their proposed tariff changes are classified as sensitive too! Ask Debbie2!
Hi Rendanrendan said:I agree with everything with regard to telkom's uselessness in this article except for this statement which i think is stupid. I invest in the stock market and as many people know there was a crash in the stock market around may 11th and again later on during the year. Many shares went down 20% if not more (MTN,Mittal,and many other big names)...
The telkom shares may or may not recover to where it was in march, but i doubt greedy investors would really care whether telkom is customer-centric or not, as long as they continue with huge capital gains and give out huge dividends (R9)
rpm said:Hi Rendan
Thanks for the feedback.
While some of the share losses are due to the general economic trend we saw, a significant portion of it is directly related to Papi Molotsane’s announcement at the analyst day long before the stock market ‘collapse’ started. This shows distrust in his methods from an investor’s point of view. One can try to protect Molotsane and Telkom saying that investors are fickle etc, but the fact remains that they dropped Telkom stock due to policies by the new Telkom CEO. This is why this statement in the article was made…
Regards,
RPM
SNO has indicated they will not be focusing on the public, but rather 'bigger' (SMME, corporate, maybe SOHO) clients, so whether it will be possible for 'normal' ADSL users to go to them, is debatable.nicholasvw said:The irony is that current ADSL users will contact the SNO themselves to move over.