not in the real sense of a buyout, Warren Buffet would be positioning himself to be a major shareholder at around R60 odd, then he would go about changing management and he would go on CNN announcing his purchase, announce the new management team, and call the bottom in oil. MTN will be abck at R250.
At a price of R112, MTN has a market cap of R215BN. Just Nigeria contributes R16bn earnings post tax. If Nigeria was the sole income contributor than that would be on a PE of +-13.5. That's way under VOD currently and we ignoring the fact that Nigeria is 37% of this giant and not 100%. MTN offers massive value anyway you look at it
huge difference, VOD has not been getting into trouble every which way . MTN has a long history of this that goes back ay before Nigeria .. bigger point is that if you trading this, thn ignore the fundamentals and valuations and focus on price, the trend is down so the right trade is short until the trend turns up (not a blip, but a real turn) .. Don't try and call bottoms ..