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MTN talks with Reliance continue

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Pam_1
Regular Contributor
Bloomberg: "MTN Group, Africa's largest wireless carrier, agreed to extend merger talks with India's Reliance Communications Ltd." Indian Ambani brothers' battle to continue?
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7 REPLIES 7
Surf_Rat
Super Contributor
Tanking down glad I had enough yesterday lets see where it goes any ideas
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Mr_S
Super Contributor
wether the deal goes through MTN is still a very good buy!! if only i had a million, i would throw it into MTN stock!! huge upside potential for the long term investor like myself.
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Surf_Rat
Super Contributor
Hey we talking play money here not sit money at the moment this play money is doing fine ( Wescoal ,Aspen - to MTN - Now took a chance on gold ,and back into MTN ) this money is to buy the 4 wheeler the new mountain bike, new board keeps the adrenaline going on the market we got to have some fun
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J12
Frequent Contributor
I have to agree with Mr S. Mtn is a good buy, but at the moment, these merger talks are inflating the price too much. If the deal doesn't go through, Mtn will drop. Then I'll buy.
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SimonPB
Valued Contributor
mtn price was around R130 before the first merger/take over talks started.
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Not applicable
The only risky part to MTN is the 5 mil subscribers in Iran.
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J12
Frequent Contributor
I think that was before the probability of a recession increased.
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