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Online Share Trading

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Vodacom

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Is vodacom a good buy at this price and can someone please explain why it p/e ratio is so much higher than MTN.
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3 REPLIES 3
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still waiting ??????
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Al, you may not get an answer to that. Some shares I have found are either covered under other previous threads or guys are tracking shares more of interest to them for he day. So look at previous threads to see if that helps you. "Cheap" is what you are prepared to pay and what you intend doing with it. Like I have heard over and over, its not your entry level that matters! "Whats your exist stratergy?" is important. If you wanting quick small trades (day trading) then the cheeper the better (or if you going short the higher the better). If you looking at 5 years plus stratergy, a difference of 2 or 3 rand is irrelevant.
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chivas
Contributor
MTN has better growth opportunities especially in Nigeria and Iran. Vodacom does not have similar growth opportunities. If Vodacom lose their 50% hold on the SA market then the share price will be seriously rerated down. Vodaom does have a higher dividend yield.I would watch MTN closely. Currently overbought but still has opportunities to run higher. I would wait for duct to settle with Vodacom before buying. Watch Telkom closely. Most people are rating it down but my view is that they have a few opportunities lined up. It is also prone to a take over given its cash pile and low market cap.
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