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    OMU   ZAE000255360

OLD MUTUAL LIMITED

(OMU)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 11/26
12.2 ZAR   -7.37%
11/24OLD MUTUAL : Presentation pdf
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11/23S.Africa's Old Mutual lays out growth plans, but pandemic bites
RE
11/23Old Mutual to Seek Acquisitions
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Old Mutual : The Unveiled Falls Short At Old Mutual Amazing Voices

07/05/2021 | 05:06am EST

Zimbabwe's representatives in the Old Mutual Amazing Voices 2021, The Unveiled, Sunday night fell agonizingly short of glory in a competition which was eventually won by hurdle by South African group ,Hush SA.

For their triumph, Hush SA walked away with the top prize of US$100, 000 .

The Unveiled were the only remaining music group from Zimbabwe after the other group, Effect, fell out of the running earlier in the competition.

The Unveiled made top three last week to face off against Hush SA and Nigeria's 121 Selah.

Hush SA is an all-male gospel group of six members, formed as a brotherhood of childhood friends spanning over a ten-year period.

Tsholofelo Ntuli, Phumlani Tshabalala, Sinethemba Magubane, Zamokuhle Nkosi, Thamsanqa Mthabela, Nicholas Malimba all hail from Johannesburg, South Africa.

The second season of Old Mutual Amazing Voices attracted 546 initial online video entries from Nigeria, Ghana, Kenya, Zimbabwe, and South Africa.

Multichoice Zimbabwe general manager, Norman Raisbeck said the Zimbabwean group had given a good account of themselves at the competition.

"(We are) proud that The Unveiled and Effect represented our country well. We will continue to air content which showcases and recognises great African talents and our rich heritage," he said.

Head of Brand at Old Mutual, Thobile Tshabalala, said: "Our purpose at Old Mutual is to champion mutually positive futures across all the African markets in which we operate. This competition enables us to connect with Africans through the universal language of music and demonstrate that with the right financial partner, anyone can do great things and become their exceptional best. We have seen exactly this with the winners of Season 2 Amazing voices and congratulate Hush SA for their well-earned success"

It all began in October 2020, when, due to the Covid-19 pandemic, entrants were encouraged to submit online performance videos to Old Mutual and DStv for review and selection.

The winner's opposition, drawn from the five countries included in the competition, were like them, all unsigned groups looking to take their careers to a new level.

After an initial screening process, the advanced to the second gruelling step; attending closed auditions within their own country before celebrity judges, and two groups from each country were selected.

The finale was simulcasted on Mzansi Magic, Mzansi Wethu, (South Africa) Africa Magic (Nigeria), Maisha Magic (Kenya) Zambezi Magic (Zimbabwe) and Akwaaba (Ghana

Copyright 263Chat. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Analyst Recommendations on OLD MUTUAL LIMITED
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Financials
Sales 2021 929 M 1 239 M 1 239 M
Net income 2021 275 M 367 M 367 M
Net cash 2021 763 M 1 017 M 1 017 M
P/E ratio 2021 9,04x
Yield 2021 6,63%
Capitalization 2 646 M 3 534 M 3 528 M
EV / Sales 2021 2,03x
EV / Sales 2022 1,89x
Nbr of Employees 29 861
Free-Float 96,8%
Chart OLD MUTUAL LIMITED
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Old Mutual Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends OLD MUTUAL LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 12,20 ZAR
Average target price 17,33 ZAR
Spread / Average Target 42,1%
EPS Revisions
Managers and Directors
Iain George Williamson Chief Executive Officer & Executive Director
Casper G. Troskie Chief Financial Officer & Director
Trevor Andrew Manuel Chairman
Heloise Van der Mescht Chief Operating Officer
Gcinikhaya Loyiso Gobodo Managing Director-Wealth & Investments
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