Professional
Added to YB: 2024-05-09
Pitch date: 2024-05-07
BLU.JO [bullish]
Blue Label Telecoms Limited
+128.25%
current return
Author Info
No bio for this author
Company Info
Blue Label Telecoms Limited provides prepaid products and distributes virtual electronic merchandise in South Africa and internationally.
Market Cap
ZAR 9.9B
Pitch Price
ZAR 4.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.69
P/E
15.61
EV/Sales
0.97
Sector
Diversified Telecommunication Services
Category
turnaround
SaltLight Worldwide Flexible Fund Portfolio Holding: Blue Label Telecoms Limited
BLU.JO: Competition Commission approval for Cell C control simplifies financials. New mgmt transformed Cell C, favorable MTN roaming deal. Consolidated external debt repayment in Q3 key to shareholder returns. Cell C breakeven + BLU's excess FCF could lead to significant buybacks, boosting EPS & valuation.
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