Clearly a good business model. At the right time. And the ball completely dropped. Major bad debtors even in the good times, and now paying the price. Prime candidate for leader change. I itch to take over something like this. It would be difficult to do worse than current management. And shareholders like voters. Avoiding change.
When is the big BEE partner going to show some value and win Actowers a massive tender. We need a life boat, and a (biggie) R1bn tender could be just that.... even if they get 2 R500m tenders, that will be okay. Was reading a research report from this website stating that the SA economy is moving out of a recession, unfortunately for Actowers (in the manufacturing sector) this part of the economy is moving even deeper into a recession, and the base metal manufacturing are one of the worst hit? Does any one know if actowers has massive amounts of electricity exposure (use) these Eskom price hikes are going to hit manufacturing firms i fear!