The French connection: The battle for Multichoice
Will Canal+ walk away? The Multichoice Canal+ decision is analysed in Financial Mail by Ann Crotty, with comment from Peter Takaendesa Head: Equities, Mergence Investment Managers.
Multichoice in French hands? Clever manoeuvring will be required.
An African media powerhouse? Will Canal+, the French-based media house, succeed in circumventing SA ownership restrictions? Peter Takaendesa, TMT specialist and Head: Equities at Mergence Investment Managers, says the offer price of R46 billion looks decent but here is a chance that shareholders will ask for a bit more.
Canal+ bid for Multichoice tests rules on media ownership
Will French-owned Canal+ be able to get around regulations to acquire R46-billion of Multichoice? Read what Peter Takaendesa, TMT specialist and Head: Equities at Mergence Investment Managers, has to say to Business Day.
Daily Maverick 2024 stock picks; 2023’s winners and losers
Taking stock at the end of 2023. Read some detailed share analysis by Mergence in Daily Maverick 168 including Investec, Capitec, British American Tobacco and MTN/Vodacom.
Is Naspers FINALLY done burning through cash?
The Financial Mail cover story this week features Naspers in depth. It should be possible for the e-commerce to grow profits, Mergence Head: Equities, Peter Takaedesa spoke to Ann Crotty, citing three reasons for optimism.
Prosus prepares for PayU listing in second half of 2024
Will Prosus list in India? Mergence Head: Equities says that market conditions for this look favourable and that valutions still look favourable in the Indian market for a number of stocks.
We will be ready – Takealot owner Naspers prepares for battle against Amazon
Commenting on the results of Naspers and its Prosus subsidiary released yesterday, Mergence Head of Equities, Peter Takaendesa said that there should be better earnings and cashflow growth prospects for Prosus following the recovering Tencent earnings and loss reduction in the e-commerce assets.
Competition Tribunal grants MTN and Rain leave to participate in Vodacom-BVI merger
Following the news that the Competition Tribunal has granted both MTN and Rain leave to intervene in the pending merger hearing between Vodacom and Maziv, Mergence’s Peter Takaendesa, Head: Equities gave extensive comment to Business Report, including that future competition between fibre and 5G mobile data connectivity appeared to be one of the key focus […]
Telkom confident about its ability to pay for growth
Telkom says it is confident it can fund its planned growth into an infrastructure company but some market pundits are sceptical of Telkom’s balance sheet. Peter Takaendesa, Head: Equities at Mergence Investment Managers, says that the entity will probably need to sell more assets or allow strategic partners to fund the transition.
Nightmare in Nigeria: more pain for MTN
Ann Crotty of Financial Mail reports extensively on MTN, its exit from the Middle East and increased focus on Africa, including a troubled situation in Nigeria. Mergence Head: Equities, Peter Takaendesa, added insights to the article.
MTN says its SA network has improved, but it takes currency and conflict hits
Peter Takaendesa, Head: Equities at Mergence Investment Managers and telecoms expert, commented in News24 on MTN following the company’s recently released quarterly results.
“Signicant” investment beckons for SA’s e-commerce market
Where to e-tail in SA given Amazon’s recent official launch? Mergence Head: Equities, Peter Takaendesa, spoke to ITweb about Amazon’s potential threat to existing players, and the scope for competition given that SA’s e-commerce sector is still in its infancy.