Airtel Africa Share Discussion Threads

[farrugia] 11/5/2023 08:18

looks good to me - i added on the dip

'Not sure how AAF will reduce its exposure to currency fluctuations' - couldn't they easily hedge that to lock in a rate?

[akb44] 11/5/2023 08:14

A shame about the strong dependency on the relative currency strength of the African Nations compared with the dollar. Revenue growth and margin looks promising otherwise. Not sure how AAF will reduce its exposure to currency fluctuations as promised in this report.

[wsm812] 11/5/2023 08:14

Agreed Batty, the results I read show a much improved and improving position. We have been hit hard by exchange rate factors, whihc is largely beyond the influence of AAF.

Debt is being paid back, and fast. Another huge repayment has been budgeted in May. I am not in a position to add more, but at these prices I would if I could.

GLA

[battyliveson] 11/5/2023 08:00

Looks way undervalued with the FCF it is generating and huge potential in money transfer in Nigeria. Held back by debt and regional risk I guess. Need to be patient.

B

[wsm812] 28/4/2023 12:07

Still some way to go before the results are announced on 11/05/23. GLA

[wsm812] 28/4/2023 10:13

Clear path into the mid 120s now - this is storming :)

[wsm812] 27/4/2023 10:46

That's very interesting wmb, good to be in at these low levels in that case.

[wmb194] 27/4/2023 10:15

I notice that in the last couple of days it's been following Vodafone up. Vodafone's recently had some interest from Middle Eastern investors. Before Bharti Airtel bought it what we know as Airtel Africa was owned by a Middle Eastern company (Bharti Airtel bought it from Zain).

[wsm812] 27/4/2023 09:07

Still rising, long overdue recognition IMO

[wmb194] 26/4/2023 15:39

I don't think you can read much into it or assume a conspiracy. Given AAF has a minuscule free float and a large proportion of that is held by sovereign wealth funds it doesn't take much to push the price either way. In these circumstances I'm not surprised to hear it's the least traded FTSE100 company. I hope to be wrong but telecoms is out of favour at the moment, too, so I wouldn't get your hopes up too much.

[mattd1] 26/4/2023 14:50

I would imagine it's the typical semi-insider stuff that happens as we approach announcement of (another set of) results in a week or two - lots of people know how well they're doing and even if not gigantic breakout now, they are in a strong position, stable, delivering results for the most part.

I see no reason why these shouldn't return to the heady-heights of 150p + - just time - if it takes another year or two, fine. Dividends paid and at my price average they'll represent a decent yield through time.

[wsm812] 26/4/2023 09:49

It's trying again today. 112 broken and quickly - at the risk of talking to myself - Haha - has anyone found a reason why they are on the move today?

I recently read somewhere that this is the least traded FTSE stock, which can work in our favour as holders, as relatively low trade sizes can move the share price

[wsm812] 17/4/2023 12:54

Trying hard to break the 112p level, once above we can expect further rises I reckon. This FTSE 100 stock cannot be ignored much longer, it is holding a lot of potential for little input currently.

[ashwani01] 29/3/2023 15:40

Mittal, Bharti Airtel, owns 56% of AAF. Sharp cookie. That's good enough for me.

[wsm812] 29/3/2023 12:31

6 postives and 2 negatives by my count

[wsm812] 29/3/2023 12:29

(Sharecast News) - The Sunday Times's Lucy Tobin told readers that shares of Airtel Africa were a 'buy', pointing to the telecom group's footprint in Africa and fast-growing money transfer unit.

FTSE-100 listed Airtel Africa was the second-largest operator in Africa serving 138m customers.

Its main markets in Nigeria, the Congo and Chad, as well as Kenya, Uganda and Tanzania, all suffered from limited infrastructure, but enjoyed a burgeoning population and urban middle classes.

Customer count jumped by 10% in 2022 for 12% growth in revenues over the last nine months of the year.

Revenues at the mobile money-transfer arm surged by nearly a third during the previous year and a flotation of the unit was a possibility, which would translate into a bonanza for shareholders.

But don't bet your pension on the business, Tobin cautioned.

Competitors were stepping in and the region was both politically restless and prone to legal and regulatory uncertainty.

There was also Airtel Africa's restrictive ownership to contend with, what with 56% of the company controlled by Bharti Airtel.

Nevertheless, changing hands on a 2023 price-to-earnings multiple of 8.1, the shares were "cheap".

"For an investor who can stomach the risks of currency volatility, rocky politics, high spectrum costs and debt manoeuvrings, this company is a buy."

[robsy2] 29/3/2023 12:25

What did the S T article say?

[shepc] 29/3/2023 11:29

Was it just me, but did that Times review, seem to make the risks sound bigger than the incentive to buy these?I'm a holder and think they'll climb, just a question of when

[wsm812] 27/3/2023 09:16

Welcome any new holders as a result of yesterday's ST tip. You have bought in at a great price. GL.

[nov31] 27/3/2023 09:14

Tipped in the Sunday Times yesterday

[casholaa] 22/3/2023 09:52

What's not to like??? How can people out there do advance-fee-fraud or con women to send them money without the internet?!?! Nigeria needs the internet more than the internet needs Nigeria.

[wmb194] 22/3/2023 09:46

Africa is definitely a factor as it's perceived to be a higher risk place to operate but in general the market here and elsewhere hasn't liked telecoms companies for a while. Just look at the performance of e.g., Vodafone, Orange, Verizon, AT&T and others.

[saltaire111] 22/3/2023 09:36

Awful share price performance in the last six months. Don’t really understand why the market is taking such a dim view on this. African economic risk?

Salty.

[ashwani01] 21/3/2023 22:05

https://www.fool.co.uk/2023/03/20/down-30-are-airtel-africa-shares-now-undervalued/