BLU - Blue Label Telecoms Ltd
Blue Labelâs core business is the virtual distribution of secure electronic tokens of value, predominantly prepaid airtime, starter packs and electricity at present, and transactional services across its global footprint of touch points.
Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: South African Distribution, International Distribution, Mobile, and Solutions. South African...
Blue Label Telecoms Ltd is listed on the Johannesburg Stock Exchange (JSE). Blue Label Telecoms is traded on the JSE under the ticker symbol “BLU”. The International Securities Identification Number (ISIN) of JSE:BLU is ZAE000109088. Blue Label Telecoms Ltd is currently the 157th most valuable stock on the JSE with a market capitalization of ZAR 3.47 billion, which is about 0.018% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.74 |
| Day’s High Price | 3.87 |
| Traded Volume | 181,175 |
| Number of Deals | 65 |
| Gross Turnover | 685,398.80 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.4197 |
| Price/Earning Ratio | 9.05 |
| Dividend Per Share | 0.40 |
| Dividend Yield | 10.5% |
| Shares Outstanding | 914M |
| Market Capitalization | 3.47B |
BLU Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +15.2% | +15.9% | +35.7% |
| 6MO | 1YR | YTD |
|---|---|---|
| +1.33% | -28.8% | -22.1% |
The current share price of Blue Label Telecoms Ltd (BLU) is ZAR 3.80. BLU closed its last trading day (Wednesday, November 29, 2023) at 3.80 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.3% drop from its previous closing price of 3.85 ZAR. Blue Label Telecoms began the year with a share price of 4.88 ZAR but has since lost 22.1% off that price valuation, ranking it 329th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 16% increase of BLU share price since November 1st, which is 33rd best on JSE.
Blue Label Telecoms is the 38th most traded stock on the Johannesburg Stock Exchange over the past three months (Sep 1 - Nov 29, 2023). BLU has traded a total volume of 117 million shares—in 15,025 deals—valued at ZAR 348 million over the period, with an average of 1.85 million traded shares per session. A volume high of 17.3 million was achieved on September 15th, and a low of 67,534 on November 15th, for the same period. The table below details the last 10 trading days of activity of Blue Label Telecoms on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-11-29 | 181,175 | 3.80 | -0.05 | -1.30% |
| 2023-11-28 | 1,648,144 | 3.85 | +0.10 | +2.67% |
| 2023-11-27 | 1,232,956 | 3.75 | +0.30 | +8.70% |
| 2023-11-24 | 89,198 | 3.45 | +0.02 | +0.58% |
| 2023-11-23 | 829,134 | 3.43 | +0.13 | +3.94% |
| 2023-11-22 | 216,905 | 3.30 | +0.06 | +1.85% |
| 2023-11-21 | 260,181 | 3.24 | -0.11 | -3.28% |
| 2023-11-20 | 127,235 | 3.35 | -0.05 | -1.47% |
| 2023-11-17 | 72,711 | 3.40 | +0.03 | +0.89% |
| 2023-11-16 | 253,940 | 3.37 |
Profile of Blue Label Telecoms Ltd.
Blue Label Telecoms Ltd. operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of Blue Label Telecoms Ltd.
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- 75 Grayston Drive, Morningside Ext 5, Sandton, 2196
- Telephone
- 011 523-3000
- info@blts.co.za
- Website
- www.bluelabeltelecoms.co.za
BLU Industrial Market Competitors
Blue Label Telecoms Ltd., issuers of the BLU stock on the Johannesburg Stock Exchange, have five market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| VOD | Vodacom Group Ltd | 206B | 98.94 | -19.4% |
| MTN | MTN Group Ltd | 190B | 101.00 | -20.7% |
| HUG | Huge Group Ltd | 362M | 2.10 | -26.3% |
| TKG | Telkom SA SOC Ltd | 13.5B | 26.47 | -11.8% |
| TLM | Telemaster Holdings Limited | 43.1M | 0.75 | -37.5% |