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Telkom SA SOC Ltd (TKGJ.J)

TKGJ.J on Johannesburg Stock Exchange

4,980.00ZAc
5:51am EDT
Change (% chg)

-217.00 (-4.18%)
Prev Close
5,197.00
Open
5,065.00
Day's High
5,067.00
Day's Low
4,960.00
Volume
280,125
Avg. Vol
1,260,405
52-wk High
6,884.00
52-wk Low
4,161.00

Latest Key Developments (Source: Significant Developments)

Telkom SA HY HEPS falls 7.4 pct to 303.9 cents
Friday, 10 Nov 2017 12:28am EST 

Nov 10 (Reuters) - Telkom Sa Soc Ltd :HY ‍OPERATING REVENUE 20.109 MILLION RAND DOWN 0.6%​.‍HY EBITDA 5.20 MILLION DOWN 1.9%​.HY ‍CAPITAL EXPENDITURE TO REVENUE 3.97 MILLION RAND UP 9.2%​.‍HY HEPS 303.9 CENTS DOWN 7.4%​.HY ‍MOBILE SERVICE REVENUE 2.28 MILLION RAND UP 43.2%​.‍INTERIM DIVIDEND DECREASED 9.9 PERCENT TO 118.1 CENTS PER SHARE​.  Full Article

Telkom SA SOC Ltd refers Government's intention to dispose of Telkom shares​
Wednesday, 25 Oct 2017 10:37am EDT 

Oct 25 (Reuters) - TELKOM SA SOC LTD ::‍GOVERNMENT'S INTENTION TO DISPOSE OF TELKOM SHARES​.REFERS ‍SHAREHOLDERS TO MINISTER OF FINANCE'S COMMENTS WITH REGARD TO SALE OF GOVERNMENT SAS APPROXIMATE 39 PERCENT SHAREHOLDING IN TELKOM​.SAYS ‍TELKOM IS NOT AWARE OF ANY FURTHER DETAILS AND WILL ADVISE SHAREHOLDERS ONCE FURTHER DETAILS BECOME AVAILABLE.  Full Article

South Africa considers options to partially reduce Telkom stake
Wednesday, 30 Aug 2017 02:57am EDT 

Aug 30 (Reuters) - TELKOM SA SOC LTD ::MAJOR SHAREHOLDER, SOUTH AFRICA GOVERNMENT, CURRENTLY CONSIDERING VARIOUS STRATEGIC OPTIONS WITH REGARDS TO PARTIALLY REDUCING ITS TELKOM STAKE​.IMPLEMENTATION OF GOVERNMENT'S TELKOM PROPOSAL MAY HAVE A MATERIAL EFFECT ON TELKOM'S SHARE PRICE.‍GOVERNMENT OF REPUBLIC OF SOUTH AFRICA'S CURRENT SHAREHOLDING IN TELKOM IS APPROXIMATE 39 PCT.  Full Article

Telkom SA SOC sees FY HEPS to be up between 110-130 pct
Thursday, 11 May 2017 10:55am EDT 

May 11 (Reuters) - Telkom SA SOC Ltd ::HEPS for 12 months to March 31 is expected to increase between 110% and 130% when compared to prior year.  Full Article

Telkom SA updates on rating action taken by S&P Global Ratings
Monday, 10 Apr 2017 11:45am EDT 

Telkom SA SOC Ltd :In rating action taken by s&p global ratings, co's rating affirmed at 'BBB-', S&P changed its rating outlook to negative from stable.  Full Article

Telkom SA says operating revenue for 6-mnths to Sept.30 up 20.6 pct
Tuesday, 15 Nov 2016 12:05am EST 

Telkom Sa Soc Ltd : For the six months ended 30 September, operating revenue up 20.6 percent to r20.2 billion . For the six months ended 30 September, ebitda increased 4.6 percent to r5.3 billion with an ebitda margin of 26.1 percent . Group's net cash and cash equivalents increased to r1.8 billion supporting interim dividend of 131 cents per share . Interim dividend of 131 cents per share. . Headline earnings per share (heps) increased 19.7 percent to 336.0 cents . Capex increased 55.8 percent to r3.6 billion with capex to revenue of 18.0 percent .For the six months ended 30 september, mobile broadband revenue grew 43.2 percent to r1.0 billion.  Full Article

Telkom board moots tightening lending criteria to related parties at AGM
Friday, 19 Aug 2016 04:08am EDT 

Telkom SA Soc Ltd : At AGM board propose that special resolution number 4 be amended to restrict financial assistance to subsidiaries and other related entities and inter-related entities . Reason for proposed amendments is that, following engagements with shareholders after posting of notice of AGM, Telkom received a number of inputs regarding this resolution . Board has decided to propose to shareholders at AGM, limitation of scope of authority that would be conveyed by this resolution .Co will not have authority to provide financial assistance to directors and prescribed officers to enable them to meet co's share ownership requirements for top management.  Full Article

UPDATE 2-South Africa's Telkom to counter revenue fall with mobile focus

* To focus more on cyber security solutions (Adds details, stake sale buy govt)