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CCD taking a knock today at R24.99, down 3.74%. The telecom sector's been under pressure with competition ramping up, and at these levels you'd want to see revenue stabilization and margin improvement before getting excited about the valuation.
CCD sitting at R26.30 and honestly the debt situation is still gnawing at me. Vodacom and MTN have way cleaner balance sheets, network quality isn't matching up either. Only way this works long term is if they actually turn the subscriber numbers around and stop bleeding cash. Been holding but not adding anything til I see real traction on the operational side.
CCD's been getting hammered on the back of higher rates and weak consumer spend, but the underlying network assets and market share aren't going anywhere. Long-term view hasn't changed, the rand weakness is actually helping on the dollar debt side. Inflation very high which kills margins short term but the oligopoly structure should let them pass costs through eventually, just takes time.
CCD bleeding out but telco fundamentals aren't actually broken, just stuck in tough pricing wars with Vodacom and MTN. Ngl the debt levels are what keep me up at night but the subscriber base is still there. Good day to top up if you're long term, I got filled at R24.80 last month and holding.
CCD sitting at R26.30 but the debt load is still heavy compared to Vodacom and MTN. Data revenue growing though, which is where the margin upside is if they can cut costs faster than competitors. Long game is whether they stabilize market share in the next 18 months or keep bleeding subs.
CCD's bounce to R26.70 feels premature given the structural headwinds in the mobile space and capex requirements ahead. The 3.89% pop today is just noise until we see actual evidence of subscriber stabilization or margin improvement in the numbers.
CCD popping 3.89% today, finally catching a bid after that brutal stretch. Trading at R26.70 now but the balance sheet still needs serious work before I'm convinced this isn't just momentum relief.
Been through the latest MD&A and the debt restructuring is real but the subscriber churn is what's keeping me cautious, they're losing ground to Vodacom and MTN on pricing power. The R23.35 level feels like people are pricing in a slow death rather than a turnaround, which might be harsh, but until they show sustainable EBITDA growth and stop burning cash on spectrum it's hard to make a bull case stick.
CCD BLEEDING BUT THIS IS EXACTLY WHEN YOU BUY!! LOOK WHAT HAPPENED TO MTN WHEN IT HIT THESE LEVELS, BOUNCED HARD!! BALANCE SHEET IS SOLID AND THEY'RE FINALLY GETTING SPECTRUM SORTED, MASSIVE UPSIDE COMING!!!
CCD got smashed but the network capex story is still there, spectrum's paid for and debt coming down. Telkom and Vodacom both trade on way thinner multiples despite higher leverage. Risk reward is very compelling at R23.35 if you believe the turnaround actually runs.
Look at Vodacom's debt position when they were restructuring, Geezus. CCD's got room to move on capex spend and the towers are already there, people just dont want to see it. Network quality improving, contract wins in enterprise are real. This gets to profitability and the shorts get burned.
CCD popping 3.89% on decent volume, looks like the market's finally pricing in some of that cost-cutting they've been doing. Worth watching if it holds above R26.50.
CCD's been getting hammered but ngl the fundamentals are proper broken. Three operators fighting for scraps in a country with load-shedding destroying everything, margins getting squeezed by Vodacom and MTN. At R25.55 you're still pricing in a turnaround that hasn't shown up in the numbers yet.
ccd burning cash every quarter, debt pile growing. mtv and vod still not moving needle. why hold this when vodacom actually makes money
CCD up 3.89% today, but the balance sheet still looks stretched with that debt load. Anyone tracking whether the tower portfolio monetisation is actually moving the needle on cash generation, or are we just getting pumped on hope?
Added to CCD on this 3.89% pop because the telecom infrastructure play has been gutted lately, and at these levels the dividend yield is starting to look respectable even if the growth story remains patchy.
CCD's 2.14% pullback today presents no fresh sell signal per my rules; the telecom remains structurally challenged by declining voice revenue and weak ROIC metrics, so I'm maintaining my underweight positioning until the capex-to-revenue ratio shows material compression.
CCD's 2.14% pullback offers little comfort when you examine the balance sheet deterioration and cash burn dynamics. The telecom sector has taught us that cheap multiples on declining revenues and eroding margins are value traps waiting to happen, not bargains.
Current R 26,99 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.