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Vodacom trading update

And on that note, let us speak the English that we know and look at a Vodacom trading statement that has been released this morning. Looks excellent at face value. However, this is comparing against a period where there were negative once off charges. But that is the way that it rolls, once offs are exactly that. Results for the year to end March are expected on the 20th of May. And when they arrive, it will show that HEPS will be between 20 to 25 percent more than the 709 cents reported last year. Between 850 to 886 cents, more or less for the full year. So that is good, right? Yes. I suspect that the market will have expected something around here, if not a little less, an upside surprise is always a good thing. More importantly, the yield at current prices is around 7.5 percent. Yowsers. That is excellent.


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