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Online Share Trading

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Phuthuma Nathi and Multi Choice S.A

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SEC_MAN
Frequent Contributor
Hi guys, does anyone own these shares. They are paying out OTC on December 08- 2011. Does anyone have any idea on what the share price could be then. It was R50.00 on initial offer 5 years ago.
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5 REPLIES 5
kicc
Frequent Contributor
We also own 5000 shares. The company was to issue a circular indicating the value of the share price. According to the experts on Summit TV - they valued Multichoce SA between R60 - R70. The difficult thing is who would be prepared to buy a share of an unlisted company at these prices?
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Mr_S
Super Contributor
then again, of that R60 to R70 phuthuma nathi only owns a portion of multichoice SA, think its around 20% or sumthing, not too sure...im not too excited about this payout date etc and value,as soon as they decide to pay out, i am selling and investing in more interesting investments i have within my portfolio...quite frankly i dont know why i wasted my time with multichoice...
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suki
Super Contributor
u lacked knowledge at the time of buying.
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Mr_S
Super Contributor
very true, i was 17 year old at the time lol...
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suki
Super Contributor
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