Market Analysis
WATCH: Stock pick — Blue Label Telecoms
Robert Cameron from Thebe Stockbroking talks to Business Day TV about his stock pick of the day
18 November 2019 - 09:49
Robert Cameron from Thebe Stockbroking chose Blue Label Telecoms as his stock pick of the day.
“My stock pick for today is Blue Label, basically they paid R5.5bn for a 45% stake, which sunk Blue Label from R12 to R2.55 — it’s shocking. They were going to get a ‘get out of jail free card’ if Telkom did take Cell C off their hands and they could focus more on core operations.”..
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