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Not yet low enough for another top up - the market that keeps on giving
Longtimeinvester, are you still going to buy more? Wow, I really do admire your courage. You truly have balls of steel!
I have cut my losses and ran for the hills, lol.😂😂😂
Market cap now at not much more than 8 years worth of current level of dividends - crazy
There is not a chance this is finishing above 65
There’s no profit takers at theses levels
Hope they all rot in hell
Yay 12% divided yield
Hahahaha
LTI's correct in his view that this is cheap, personally I believe it's subject to market gaming; No balls of steel required to hold a stock that's sure to go up in the future. I would liken holding shares to a phenomenon in Quantum Physics called Superposition, where a particle is in many possible states until observed and its state then becomes fixed, look up Schrodinger's cat. In the case of shares your capital gain, or loss, is unrealised (in superposition) until you sell (observed). Personally I'll hold until I'm in profit, since I view Vodafone as a safe long term investment. No doubt when Rolls Royce dropped to around 39p, investors sitting on losses were harassed by gamers like you Jax, but the ones that held on are now reaping rewards should they choose to sell around the current price, like I said Profit and loss isn't real until you sell.
Weirdly im enjoying this conundrum....been in and out of vodafone over the years(made money) ...but started this position on the 8th dec 2022 @ 86.63....must last purchase was on the 13/12/23 @65.1955...i have a avg @73 ish ..ive recieved 2 dividends.in the past year....i will add more on further weakness ......happy to be invested atm otherwise i would sell in a heartbeat....l am involved in other shares and have always found the best way to make money is dip buying.....if this really goes pear shaped thats the chance investors take....im 66 maybe i like the excitement lol gla ...
Fleccy. There is a saying that if your pretend to understand quantum physics, then you don't understand quantum physics. Is Schroders cat dead or alive, or both? Do you pretend to understand quantum physics? You do seem to be away with the fairies at times fleccy. If you stop observing the fall in the vod sp, does that mean it isn't real? Let's just hope that Vod's cat isn't dead.
Dan, have you had any thoughts about selling any off
Trying to use super-symmetry to describe VOD, lol, no you don t need anything as complex as that, its just a super-shag-nasty share lol (and yeah i hold some). I sold some at loss and piled it in RR. – recoup my losses
Super-shag-nasty share
Cracking phrase - take the share off and MDV would be one of those
Dan I'm no physicist, but I do understand what a metaphor is. I'm not sure why you choose to have a go when I'm pointing out that a paper loss isn't a capital loss, it's just a missed opportunity. When I made my recent £20,000 Vodafone purchase I knew that the price may dip into the 60's, but I decided to take the chance anyway. I don't agonise about the fact I could have got in cheaper, because I was happy with the price I paid and believe that my Vodafone investment will eventually come good. One of the reasons I pick companies like Vodafone is due to the assets held by the company, which are attractive and have real value. I'm as confident as I can be that VOD wont go bust and that any takeover, should it happen, would exceed my average cost per share currently standing at 127p, it was 146p before my last top up; Should I decide to reinvest every single dividend between now and the end of the next Financial Year, into Vodafone, then I'll drop the average down to 109p, I'm not saying I'll definitely do that but it's an option that has crossed my mind. I don't think I'm "away with the fairies", I invest knowing prices could go down so I deal with it by reinvesting the dividends to achieve portfolio growth by other means.
It's actually quite simple, if Vodafone does not go bust there is almost 100% chance to get a good return on investment and stock price eventually going well above 100p
12% + yield is very tasty as rates come down, the SP will recover or be taken over.
More chance of me entering a Time Machine and drilling pam Anderson on the beach in her prime while her red costumed girl friends tong my balls … than there is of a favourable bid for vod.
Abject, are you saying you've got tiny balls?
" I pick companies like Vodafone is due to the assets held by the company, which are attractive and have real value."
Fleccy,
hummmm well VOD have a habit of over paying for assets that don't end up having quite the value they paid for them...
Look at Spain....they paid €7.2bn for ONO in 2014 and spent a load on integrating it and upgrading etc....and now are selling Spain for €5bn enterprise value, which is actually quite cheap on a EBITDA multiple of just 5.3 .... buy high, sell low...
they failed in Spain and waste money ...again !
Even worse they are only getting €4.1 billion in cash for it and accepted €900m in shares in Zegona via an RPS ..but will lose €3.2 billion in revenue and €947m in adjusted EBITDA
Imagine...they will licence the Vodafone brand there , provide services and then look to get dividends from Zegona for hopefully doing a better job than they could ever do themselves ...and even more embarrassing is if Zegona end up partnering with MasMobil (which VOD failed on 9 if the Orange–Masmobil merger doesn't get the approval ....
One only wonders whether what to book value for Spain is, and whether they have to take a writedown
No wonder the market thinks they are business useless ....
Let´s see what the €18.4 billion enterprise value they paid Liberty for those German, Czech, Hungarian (sold) Romanian assets end up valued at
Looks like they missed the boat on a chance to sell Italy assets.....valuation going down....may now have to wait for the next economic upturn
Fleccy
Zegona will throw out the VOD top management team leaving VOD with just their R&D centre in Malaga to wonder what went wrong there
I think Emirates Telecommunication Group Company (ETG), which is owned by Emirates Investment Authority (EIA) could very easily make a bid for Vodafone and then sell some assets to help financing the deal: for instance it could sell Italy to Xavier Niel.
EIA owns 60% of ETG, which has a market capitalization of 46B$ vs Vodafone’s 22.2B$. Based on 2022 data, ETG has limited debt: the figures are not very clear to me, but gross debt is between 13 and 17 B$.
With very little support from EIA, ETG could make a bid for 80% of Vodafone offering a 50% premium over current stock price. That would cost 22.2B$ x 1.5 x 80%=26.6B$. In addition, ETG would absorb Vodafone’s debt, which could be served and paid back easily just by cutting dividends.
Curtin
I doubt very much the EU would allow ETG to buy 80% of VOD and be a major owner of a major EU Telecom operator
....Saudi Telecom STC had the Spanish Government investigate them taking just a 9.9% stake in Telefonica
'they paid €7.2bn for ONO'
9 years depreciation [more than €2Bn] and have been servicing dividends.
Service Revenue declining near 6% pa, so time to give it to someone else who runs a different operating model and avoid the structural stagnation.
Dont think they want to sell Italy but may need valuation for year end review of the balance sheet carrying c€60Bn net assets.
City took this up to 80 recently off a long period around 70 - 73. Presumably they are hoping for 60p, rotation and then back to 70-73 on FY performance.
I am happy to take a dividend and wait for the policy makers to wake up
Can I have 62.5p for next week please.
The only person that would buy Vod is fleccy
At this bargain price it would be mad not to fill yer boots.