Telkom/MTN

[#1]

After the SENS this morning relating to the deal you can expect the Telkom price to take a hammering, did you notice how both the MTN and Telkom prices were affected yesterday already?

[Preston]

The competition board must start to issue massive fines for cautionary announcement that materially affect share price and in the end result in non productive cr@p.

[#3]

i agree but all the markets are hype???@

[Russ]

Spare a thought for me.I hate to reveal this in public but I sold all my TKGSBZ yesterday.Has anyone here done anything this stupid this year? I just want to know that I'm not the only idiot around,even if I'm the biggest one.

[#5]

wow. telkom falling like a rock and wouldn't you guess the warrant issuers refuse to come to the party!!!

[Brazen]

You're not the biggest. We sold 8 long AGL contracts just before it went racing up to 510. If I'd held them all the way, woulda banked 80K.

[trykid]

Any opinions on what TKG share price might do today after the SENS

[Preston]

Held on to AMS when i had a chance to employ that money in other productive shares. Eventually took a R10 000 loss.(+/- 10000)

[#9]

preston i feel you down 15k on ams waiting for a turn as it has reached long term support

[Preston]

LN. Did you try to average down on AMS? Sell at a high price and buy at the dip. Could help the overall cost.

[Russ]

Thanks guys.Don't think I need trauma counselling but support from the forum will help me through this difficult time.Only thrown away 30k, Brazen.You must have felt more than twice as bad as me!

[#12]

BEEN DOING THAT that is why it is only down 15k otherwise looking at 27k- if i had not ????

[Preston]

I guess MTN will continue with its upward movement. COnsideration is given to the fact there is no massive cash outflow from proposed acquisition of Vodacom.

[trykid]

Is there a possibility that MTN will get to a high of 130 today or will it hover around current levels?

[Preston]

Not sure , Possibly work on 4% to 5.5%

[trykid]

Thanks I thought of a possibility of about 10% since it has tested this level but not really break through

[Preston]

Look at the ALL share index it is about 1% (0.9%) in the red,yet MTN is 5% up. If the market was not plagued with so much of uncertainty, MTN could have easily breached the R130 mark.

[#18]

i just got out yesterday with a small profit - could kick myself

[#19]

look back to 3Sep when ann was made The share took off the 2 trading days b/4 I think it must be nice knowing people in high places in majot companies,but that doesnt realy happen does it(meaning insider trading)

[Preston]

Kim ,you want a bit off inside info "David is going to bid for Goliath" Check my posting on this topic.