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Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing

Dissertation (MBA)--University of Pretoria, 2010.

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Other Authors: Fisher, Greg
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Fisher, Greg
author_browse Fisher, Greg
author_facet Fisher, Greg
collection Thesis
dc_rights_str_mv © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria
description Dissertation (MBA)--University of Pretoria, 2010.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:37:22.997Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/23514 Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing Fisher, Greg upetd@up.ac.za Spratt, Justin UCTD Information technology Dissertation (MBA)--University of Pretoria, 2010. The last decade has provided some valuations of internet companies that defy traditional financial models. The stock market crash of 2001 corrected and cleaned out much of the misallocated capital. However, internet Companies in both America and South Africa still trade and sell at significant premiums versus their industrial counterparts. There are also clear and distinct differences in growth patterns that accompany valuations of successful companies. It appears that revenue growth timelines can be successfully compressed when compared hose of traditional industrial companies. Google, Amazon, Yahoo and eBay are good examples of this phenomenon, growing at rapidly, and turning a profit in equally short measure. This paper examines these internet premiums in South Africa, what the legitimate accelerated revenue premiums are and what can be discarded as bubble-type hype. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:31:56Z 2010-06-19 2013-09-06T15:31:56Z 2008-04-04 2010-06-19 2010-03-27 Dissertation Spratt, J 2007, Analysis of why high growth internet companies in South Africa trade at a premium over “traditional” companies upon buyout or listing, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23514 > G10/196/ag http://hdl.handle.net/2263/23514 http://upetd.up.ac.za/thesis/available/etd-03272010-161624/ © 2007 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria
spellingShingle UCTD
Information technology
Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title_full Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title_fullStr Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title_full_unstemmed Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title_short Analysis of why high growth internet companies in South Africa trade at a premium over "traditioal" companies upon buyout or listing
title_sort analysis of why high growth internet companies in south africa trade at a premium over traditioal companies upon buyout or listing
topic UCTD
Information technology
url http://hdl.handle.net/2263/23514
http://upetd.up.ac.za/thesis/available/etd-03272010-161624/