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Looks like america is turning again and taking us with it
Oh look its 3 o'clock & time for Mikey's daily Groundhog Day post, the US market must be open.
Mate, get a life or a hobby & hobbies don't include posting here ... YAWN!!!
Sorry one minute past three post ... YAWN
Or perhaps you should see someone mate, someone medical I mean
And i’m not your mate thank god
Gary. If you can sought Mikey out, you have me deepest respect. He is not going to listen to me of course, but he clearly needs help. If anybody on here recommends Mikeys deranged posts, they are not helping him. If it is any help to Mikey, I am sorry for my post regarding his sister, because we all have sympathy.
Mikey writes ... And i’m not your mate thank god. Is there any need for that?
It seems to me that you just can't handle anyone with a contrary view.
Mikey you are just a child & the same posts everyday prove that 100%.
You are like a lighthouse in the middle of a desert mate; bright but not a lot of use.
Cancel the bright bit.
Hey Mikey, VOD finished 1.11% up, oh sorry it must be the Americans again ... not.
Gary writes
It seems to me that you just can't handle anyone with a contrary view.
Sounds familiar - just like somebody else on here .
Are you two best buddies !!
Gary. Are you & me best buddies? You can not be serious? Is the pope a non catholic? ( All meant in the best possible taste ,ref your old post). Anyway Gary, as we are claimed to be best buddies now?(taking the Mikeyh68) What do you think the vod sp will be in the near future?
In reply to your question daniel about where the VOD SP will be in the near future.
My own thoughts are that we are already in a bear market & there is probably more bad news to come out of America next week concerning company profits, this will affect market sentiment as you would expect. Mikey is somewhat correct in his assumptions that the US continually bring the VOD SP down but what he doesn't say is that this goes for a fair bit of the market over here as well.
I always take heed of the US billionaire hedge fund manager Bill Ackman who recently said that with inflation spiralling out of control, aggressive rate hikes by the Federal Reserve & other central banks are the only way to tame it and that investors will ultimately favour those measures to avoid “economic collapse and demand destruction.”
Ackman recently quoted “If the Fed doesn’t do its job, the market will do the Fed’s job" & in my opinion that is what is happening now. The fed has been pushed into there aggressive interest rate stance. The best & probably only way to stop today’s raging inflation is with aggressive monetary tightening or with a collapse in the economy.
I personally think that we are in for 18 months to 2 years of market turmoil & any buying of any share should best be done in stages. VOD is a good share to hold in bear markets IMO & this may shelter the SP from the worst of what is to come, I think a good trading range at this time is 110 to 130.
As for being buddies or mates I hope we are all friends, after all aren't we all here to learn off one another, life's too short to harbour ill feeling, unless your Putin of course, now there is a prize tw*t. Good luck all, here's to health & prosperity.
Gary - thank you for that excellent post. I agree with everything you say pretty much.
I am also fan of Ackman and if he says something, I think about it. Usually he is on the ball albei no one is perfect.
I see VOD as moderately shielded from the turmoil due to divi, Arabs buying in and a few other factors. I bought in at 120p and will take the divis rather than sell. Although I sold me earlier but only because I was overexposed.
Best of luck all, Cheap
I mean I sold some earlier due to overexposure, still got lots though and will look to re-invest divis in other undervalued bargains, hopefully ones that do not take much beating from interest rates or the inflation.
I'm going for a flat finish 127.0p Friday
Thanks Cheap & others, I’ll go for 1.261 as the finish price this week.
My average is the same as you @ 1.20 but I did sell 8,000 which was half my holding @ 1.39 some months ago. I won’t be selling anymore as I was interested to read that a recent study from Juniper Research has found the global number of roaming IoT connections will increase from 300 million in 2022 to 1.8 billion by 2027. This represents about 500% growth so just imagine that effect on the SP.