Browsing: 36ONE Asset Management

News
What spooked Telkom investors

Telkom’s share price fell sharply on Thursday as investors assessed the implications of faster than expected capital expenditure and a concomitant rise in debt to sustain it. The share price fell 4,2%% to close at R67,64/share

In-depth
Finally, some clarity from MTN

After two weeks of uncertainty in which its share price fell by 17,5%, MTN finally provided some clarity to shareholders on Monday. The announcement that CEO Sifiso Dabengwa had resigned with immediate effect led to the first substantial engagement with the market since the operator was issued

In-depth
Telkom mired in static

Telkom investors are confused. When the telecommunications company issued its trading update at the end of last month, the surprise aspect was not the further R900m loss it incurred to get mobile operator 8ta on to its feet, nor the