Summit TV

Transcript:
Erika van der Merwe: Gerhard, your stock pick?

Gerhard Lampen: I think it’s time to get back into MTN.

Erika van der Merwe: You’ve just trashed Telkom…

Gerhard Lampen: Yes. There is good reason - I think the bad news is out of the way. The reduction in call termination rates will have a very small effect on the bottom line - and probably will have no effect because they will probably get it from somewhere else. I think the price has been depressed by the ongoing saga. We worked out that we have a price target on MTN of about R150 which is quite a good return of more than 24% for the year. I think it’s a solid one and MTN can surprise on the upside.

Broker:
Gerhard Lampen, Sanlam iTrade

Email video link

Click here to license this clip

ARCHIVES 2009

Click here to see previous share picks

MORE VIDEOS

Face 2 Face

Roffey Review

Stock Pick

Stock Watch

You and Your Money

Summit Investor

Summit Survey

Intellectual Property

CSI: The Bottom Line

Health Watch

Tax Issues

Sake Met Summit

Op Die Keper

SOUTH AFRICA'S ESSENTIAL BUSINESS CHANNEL, DStv CHANNEL 412

Summit Television, a division of the African Business Channel (Pty) Limited, disclaims all liability for any loss,
damage, injury or expense however caused, arising from the use of or reliance upon, in any manner,
the information provided through this service and does not warrant the truth, accuracy or
completeness of the information provided. © Summit Television 2009.

Use of our web site material in any form is prohibited without writtten permission. Usage requests: webadmin@summit.co.za