Browsing: Paul Theron

In-depth
MTN sucked into Nigerian political vortex

MTN Group has become a battleground issue for Nigerian politicians vying for ascendancy ahead of a national election in February, with $10-billion worth of claims made against the South African wireless carrier.

News
Apple is ‘absurdly cheap’

Not everyone is worried about Apple’s future fortunes, or its direction under CEO Tim Cook. Local Apple bull Paul Theron, the founder and CEO of Johannesburg-based private client asset management firm

News
Tencent makes move on Africa

China’s Tencent, in which JSE-listed Internet and media group Naspers holds a 35% stake, appears to have designs on the African market and is preparing to ramp up focus on South Africa and Africa more broadly with its WeChat platform. Tencent, well known in China for its QQ

In-depth
Apple at the crossroads

Fifty billion dollars was wiped off Apple’s valuation in after-market trading on Wednesday after it published first-quarter results that spooked investors, despite lifting sales by 18% to a record US$54,5bn. The question on investors’ lips now is whether this marks the bottom of an aggressive sell-off

Duncan McLeod
The pressure is on in telecoms

I’m sometimes asked by investors whether the growth story has gone out of SA telecommunications stocks. A series of regulations, coupled with growing competition and a weak economy, is putting pressure on operators’ margins. Is it time for investors to abandon the sector? Before I attempt to answer that question, it’s worth looking back at how the telecoms sector in SA has developed over the past decade

Opinion
Why MTN is a screaming buy

In an article in the 1 December 2005 edition of Fortune magazine, Paul LaMonica wrote that the new AT&T (just merged with SBC) was “not worth buying”. He anticipated declining margins due to fierce competition. He worried that the company was a “middle weight” in the mobile phone industry. And he fretted that it