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Trump45 - I agree with what you say but to drag the narrative back to AIM stocks it is very rare to be able to actually do a valid financial analysis so belief is actually all you do have, trouble is many people turn this 'belief' into confirmation bias or if they dont they fool others into their belief being fact for their own self interest !
MaryBr190.....same here....grandfather spent most of his working life at the yard. I grew up in Newtownbreda and loved the view of S&G as we reached the top of Cregagh Road when visiting grandparents....its a small world.
For what its worth I would not lose any sleep trying to convince doubters on your investing strategy....
Debt to equity
Vodafone 1.7
Verizon 3.4
BT 3.3
AT&T 2.1
DYOR.
That has surprised many I bet, the short sellers as well perhaps?
Not a day trader as a FT FCA. I am HTH when a position goes against me and average out of it if necessary. I do not realise any paper losses as most turn around - eventually.
The only position I went for with my heart was HARL ( I grew up looking at the cranes from the house) and was underwater as most were but I always maintained a £4 L-T target.
I assumed it likely to be a total loss and although my average was low, that position is now well in profit atm as I bought sub 6p and at 15p and 10p on the way down. A spike to 46p will see me reduce my holding to zero cost and then I will rebuy on any dips to build my position at an average cost sub 12p. I know how I do it and hope that makes a bit of sense though not a recommendation to anyone.
GLA
More chance of a takeover than BT for sure.
All this talk of debt is overblown.
Have you had a lot at the US telecom companies and the debt they carry? Verizon, AT&T? $200 billion debt
Vodafone has a better equity ratio and debt to equity than any listed telecom company for that matter.
Thank you Mary. I am a long term holder of vodafone & don't day trade as Most day traders lose money, partly due to dealing costs & stamp duty, unless you are spread betting, & then of course we all know that the bookmakers you are spread betting with don't lose. I would love to learn from you, but all I have learnt from you so far is that you are just guessing. But good luck with your so called method. Whatever it is.
5 was supposed to be % !
danielh - I posted my method many times, if you look through my history it is there forever.
In general a spike can be anything so for instance recently with Rank it went from 55p to 70p to 87p and then to 92-96 before it fell back. The spike could be a 5 or a (p) rise depending on the stock and depending on the stock and the quantity I hold.
I have holdings in the 30k 50k 80k and more quantities and if say LRE which moved from 461 to 580 and then to 614p before falling back, I certainly trim my position as it have travelled towards my target.
You never know the day and for MCRO I check the bid price within a few seconds via the RNS and sold out 100% that day.
What are your strategies? I am interested as to whether you day trade, buy and hold or how you trade. Never to old to learn from others.
I part sold into
"Not with 45 billion debt they wont thats more dent than some countries"
I seem to remember implying that Telecom companies maintain a high level of debt as a pseudo poison pill against takeovers, especially since the UK code on Takeovers and Mergers prohibits a target company, during an offer or when an offer is contemplated, from taking any action which might frustrate a takeover offer without the approval of its shareholders. -Since large institutional shareholders can build big stakes under the radar, like Drahi did with BT, institutions would likely vote against any poison pill defence, and make it difficult for a company to defend against a powerful institutionally backed hostile takeover. Having debt on the books allows the companies to have covenants in place, making takeovers difficult. All that said, Vodafone wouldn't have any national security protection like BT, so a cartel of private equity funds could feasibly make a play if they saw profit in breaking up the company.
Mary. Can you please define the following. A spike. An uptick. Sorry but they are totally meaningless. How big a spike? How big an uptick? One day you might make sense? In the meanwhile good luck with your spikey upticks. Anybody can post on here about making money, a bit pointless though, if you don't tell us how you do it. We are all dieing to know.
Evanescent. Thanks for your reply. But how do you know when to sell & when to buy. I don't have a strategy, because I don't do day/short term trading. What is your strategy please? Is it just guess work? Good luck though.
Fleccy. I am glad to see that you not keen on bitcoin. I have been very anti bitcoin for a long time now, (Totally corrupt) but try not to think about it. Some years ago I had a C.F.D. account with I.G. index & shorted bitcoin on 3 occasions, The 1st time I won, but next two I lost my nerve & bailed out at a loss, the last time I shorted at £5 to the dollar. I closed my I.G. account but after bitcoin had reached over $80k I tried to re open an account, but the rules for C.F.D. trading had become far more stringent, & they deemed I was not experienced enough to trade Bitcoin C.F.D.'s. I intended to short bitcoin when they fell to about $78K for about £5 to the dollar or even more. So I wish I persevered more in trying to re open my account, as at £5 to the dollar, if I had held that position until now, I would be up by about £300,000. So probably my biggest ever regret financially, but I probably would have lost a lot of sleep, as the bitcoin market is almost 24 hours & wild swings were common. The problem with bitcion is that although they are basically worthless, & always have been, the market was very manipulated & was unregulated so the (whales) (big holders) as they were called, sucked in more investors making the price rise & then in concert with each other sold large amounts at a profit before anybody else had time to sell. Anybody you thinks the stock market is manipulated, It is nothing compared to bitcoin. Many investors have lost a fortune, so It's eventual collapse will be a good thing because it will stop more suckers getting drawn in. It is a mathematical fact that there will always be more losers than winners who buy bitcoin. That is not true of the stock market, although of course you can lose on the stock market, most investors win. Ok, not me perhaps, but most. Perhaps my day win come?
Not with 45 billion debt they wont thats more dent than some countries
Sometimes it keeps on going down and down. Yikes.
You do not need a crystal ball just the funds available to buy on each break and the discipline to sell on a spike. My weakness is that I do not clear out the full amount. I buy in 10k lots and just add on a spike down and lighten up on a spike up.
It works well for me although I would welcome an uptick from the sub 90p purchase today and assume we will be back over £1 - £1.20+ range in 2023 particularly as the interest rates soften going foward. The dividend yield is great to collect in the meanwhile.
Worked a treat for me over the last 2 years.
25 YEAR low share price.
Trading at <10x earnings
Even if no outright takeover more activists will no doubt be looking at Vodafone very closely.
danielh...
You probably noticed that all shares, regardless of whether it is good times or bad tend to go up and down quite a bit. Never consistent falls or gains. I use the variety to advantage.
You no doubt have your own strategy which you use to maximum effect....I dont dismiss anyone elses method, if it works for you great. I am happy with my strategy.
GLA
Evanescent. Buy on the dips & trim on the upticks. So where do I get this crystal ball Mary owns (if you believe a word she says) I have to agree with Narcus on that one, although of course averaging down can work. Anyway Narcus who is winning the vodafone downhill ski race? My money is on Mikey. A good day today though so far, a net gain of about 1.7p, O.K.big deal, but at least Mikey wont be doing his bloody yanks call today, as I believe the U.S. markets are closed?
mrcautious. Nick Leeson was not averaging down. He was a trader at Barings Bank in Singapore,& was able to buy a vast amount of shares, & then sell immediately on a different exchange, at a slightly higher price for a guaranteed profit, due to the very small variations between exchanges. (or so he thought). Unfortunately the markets crashed in the micro second between the buy & sell. He did try & chase his losses, but eventually bought down Barings bank. (Averaging down) Of course averaging down is possible, but risky if the price just keeps falling. You can always bring your average down, If you own 50,000 shares at an average of £1.30 (£65k & then buy 50,000 more shares to lower your average to 1.20 you increase your holding to 100,000, as your average on 100,000 shares is then 1.20, if the sp falls to £1, you are then losing £20k. But if had just kept the original 50,000 shares, you would be losing less, £15K. Of course, if the sp goes back up to 1.30 or more, then the averaging down has worked to your advantage.
Managed to get my buy order filled at 90p - can't see there being much more downside than that but if there is I will add - gla dyor etc
Bobrad - An easy way to remember is to substitute the X in X divi for No, so 'X divi' becomes 'No divi' & there you have it.
Robleo. As I have said many times before, I am not backing him. It is not black or white, back or sack. Someone has to answer the obvious question, who will replace him? Someone on an even larger salary perhaps?
possible they could have been looking for quick working capital/ cashflow hence the broker rating and the SP quickly following suit. If so, hope that means VOD SP will move up from here?
https://www.thisismoney.co.uk/money/markets/article-11462875/Credit-Suisse-hit-74bn-withdrawals.html
Averaging down is only worth it when the company fundentals are solid and it is a short term blip with either the sector, whole market or a temporary set back at the company. Vodafone isn't where it is due to any of these.
The fact is if you don't believe in the company then you shouldn't hold it at all. If you are holding then there must be a reason? Sitting on a paper loss isn't a reason to carry on holding. If the company is no longer a solid investment then sell as it is usually better to cut your losses. Holding a loser has an opportunity cost as that money can be put to work elsewhere. If you still think the company is a great investment then buying when it's cheaper should be welcomed by you, so you should average down. You're now getting shares cheaper than you previously did in a company that you regard as a solid investment, surely that's a good thing? The point is that if you aren't prepared to average down and buy cheaper in every stock you own then you need to ask yourself if you should be holding them at all.
I averaged down in Shell during 2020. At 875p that was a no brainer. It was a temporary issue with the entire sector and guaranteed to come back. I threw the kitchen sink at it and the price was a blessing not something to be feared. I knew buying Shell at that price was a once on a lifetime opportunity and would make me a lot of money. The losers were those that were selling at multi decade lows in a solid company. That's the perfect average down. My investment case in Shell didn't change because of a temporary global problem. But that's Shell and this is Vodafone and it's up to you to work out if Vodafone is a solid investment with a bright future or a dog that you should leave.
'With the current economy, I imagine less money going in and more coming out.'
https://www.msn.com/en-gb/money/news/crypto-lending-company-genesis-suspends-withdrawals-reportedly-considering-bankruptcy/vi-AA14t6EM?ocid=msedgdhp&pc=U531&cvid=1c3b0af3ab924f2096422cbf50e68fad