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IPO Review
   Makhaya Ntini10/10/2001
Issue Snapshot

Issue Opens: October 10, 2001

Issue Closed: October 27, 2001

Offer: Issue of 1,00,00,000 Shares

Issue price per share: Rs:73/-

Face value per share: Rs:100/-

Background
Twenty-four-year old, Makhaya Ntini has had an eventful career so far. A product of the United Cricket Board's development programme, Ntini was discovered when he was a cattle herder in the Eastern Cape and sent to Dale College, one of the country's best regarded cricket nurseries. He made his first-class debut for Border in 1995/96 and his international debut just two years later against Australia in a Perth one-dayer, thus becoming the first black African fast bowler to play for South Africa.

Basic business
Ntini is a right arm fast bowler of express speed, capable of unsettling best batsmen on his day. He moves the ball through the air in favourable conditions and also obtains disconcerting bounce, making him difficult to handle. He has picked up 42 wickets in his 17 Tests and 167 in his 61 first class matches, demonstrating considerable ability. His real disadvantage lies in his lack of control over line and length, causing him to spray the ball and go for runs.

Operations
Ntini's temperament on the field is already doubtful, but his actions off the field have caused more controversy. He was charged with rape and had to go through lengthy trial proceedings before he was acquitted on appeal. These scandals seemed to have made him a stronger person when he returned during a one-day tournament in Sharjah, but it is difficult to predict what long-term effect they will have on his career.

Overseas performance
Ntini has played on bouncy Australian wickets as well as placid sub-continental ones. He has found uniform success, although the faster tracks favour his style of bowling more.

Development initiatives
Ntini has undergone the United Cricket Board's training programme, but much of his talent stems from his raw ability to generate speed. He was given the prestigious Cricketer of the Year award in 2001. He has also undergone training under Dennis Lillee at the MRF Pace Academy in Chennai.

Conclusions
Ntini has to live up to a lot of expectations and live down a lot of scandal. If he can play the game with the right attitude and a thinking mind, he could well become the role model for the coming generation of black South African cricketers.

  
  
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