Vuka South Africa Pay -TV is Fast Growing Business

Thursday, 07 April 2011 21:16 Written by Simphiwe Mkhize

What is Pay Television?

Pay-TV, premium television, or premium channels refers to subscription-based television services, usually provided by both analog and digital cable and satellite, but also increasingly via digital terrestrial and internet television e.g. M-Net, DStv, TopTV

Vuka SA Fast Growing Business

According to techcentral, Naspers-owned MultiChoice grew its SA subscriber base by 450 000 to 2,8m homes in the 2010 financial year. And it added 1,1m new subscribers in other African markets.

according to FSP Invest, Naspers will outperform the JSE All Share index over the balance of 2011 – and through 2012 too. The company is trading off a 20.6 times one-year forward PE (to September 2011) – but the ration drop substantially to just 13.10 times by September 2013.

A company such as Naspers – with its fast growing Internet and Pay-TV businesses – isn’t going to trade at a 13 times PE for long – which means the price will soar! You can accumulate the counter at below R300/share… If the analysts have their numbers right then this company should be changing hands at R600/share by September 2013.

What are you waiting for South Africa will soon start its big migration from analog to digital TV which will open more opportunities to the industry. Government should start way of education Black South African other ways of investment.

I think there must me as subject from lower grade which teach South African about shares investment. we always here about resources everyday but there are more opportunities