Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Robleo - We is lucky to have you in our little group as the voice of reason.
I has noticed you is very calming for Dan the man when he gets upset.
Bloomberk, It's just so easy to get caught up in these share traps, when the share price drops you may think it's a good opportunity to average down, thinking it will go back up again, then it drops and drops in vods case since 2018
I can fully understand why people would want to take a bit of a gamble at these very low prices, but there has been a lot of extreme views here lately such as it's going bankrupt and we will lose everything or this is a no brainer and going to make me very rich
I've just been saying hey be careful here, they don't always work out the way we would like
but hopefully something good can finally come from this one for all of us
DB 185p
Barclay 115p
UBS 105p
Not bad , one of the undervalued n unloved stock , be brave when others are fearful! Business is profitable n paying dividends
Dyor
Hi, its me again, Jeff Bidet of Amazing.com. I am a little embarrassed to admit that my plan to sell cheap mobile services hit a bump in the road as the plan depends on having connectivity to a network. I thought you just switch the darn thing on and away we go but it turns out I need to speak to someone like Vodafone with geographical reach into 190 countries or so. Hey ho.
Anyway, the problem I now have is that the Board are questioning the timelines and when do we go live etc. So, (if anyone can help me on this BB), do I need connectivity to sell a genuine people personality application (AI) on Amazing.com? I am genuinely worried as I dont want the application talking to itself. I need connectivity to reach out to all my customer base as well as quickly building market share. I hope to divert the Board attention toward the share price benefits of an AI application and stop thinking of connectivity as phones and in car infotainment. If anyone can reach out and advise who I need to speak to, to move this forward quickly, I will be very grateful. Thanks in advance , JB.
For 5p difference,I think you may have missed the boat .
Up nicely stateside. Has the worm turned? VOD has got to be worth significantly more than £20 billion!
Tuesday morning loads of carp fishing 🎣 and the word is it's gonna continue.
*** the man once again ☺️.
Thanks for letting me know....
Bloomberk, agreed.
I also own 23k of these and will be very happy if I even get my money back!
My average is 91p but will drop to about 89p when the divi gets reinvested.
I hope with time we will both get our investments back.
GL
I'd been wondering about buying in, but your post makes perfect sense. On CPI,RR, CINE etc. , all these posters bleating on about LTH, as you say, a long term position for me, is a short term one gone bad!
Some large buys on the American ADR...
Holding = 23,200
Avg Price = 118.11p
Been buying VOD since 03/2018 thinking it was trading near its cyclical bottom but the bottom just kept on falling.
If you look at most of the UK Equity Income and UK High Yield funds, VOD doesn't feature in their Top 10 holdings, which is surprising given the way the yield has risen in that time. That tells you that the pros don't fancy this share as a core holding and, looking at the Special Situation funds I can find, it doesn't feature there as a recovery play either. You have to say the pros have had it right all along on this one.
The 3 merger has been well telegraphed in the mainstream press for months and the sp has continued to fall. When they finally confirmed their intention this week, the sp hardly blinked. A few things stand out to me here:
1) The merger is slated to take 2 years to approve and then 5 years to complete and start to realize +ive cashflow. They are estimated to have burnt through ~£500m in integration costs by then - though I can see that heading north - costs always spiral one way. Overall, that's a long time to wait to see if your gamble has paid off and the market will look to shorter term, lower risk plays.
2) Approval is not guaranteed and I think the market sees incompletion as a high risk. A Hong Kong telco owning 49% of the combined business doesn't sit well those who see China as a growing threat and telco as a key battleground. I wouldn't be surprised if this got canned on a national security basis.
3) I'm not seeing any strategic vision offered by the board. They are betting their entire strategy on the merger. Maybe they are right and size is all that counts but it would have been nice to see more than 1 lever being pulled to jump start the engines.
I think the major factor is debt. VOD has been in long term decline for sure but that decline only steepened when borrowing rates went up, so if the sp heads north again I suspect that will be more to do with rates coming down than confidence in VOD or the merger. Basically, if you want to see £1 again a certain World leader needs to accidently fall out of a window, which means geo-political risk is in play and out of the board's hands.
Sorry to say it but this share is a dog. You buy these things because they tick Buffett's boxes of high cashflow and barriers to entry and still the rug get's pulled. I'll let the re-invested divi (for as long as that lasts!) slightly lower my AvgPrice over time, but I'd tell anyone else to steer clear, unless they want a synthetic way to bet on the Ukraine war ending sooner rather than later.
"An investment is a trade gone bad". 100% true for VOD for the last 5 years!
Bloomberg: HSBC downgrades UK markets and calls them ‘a drag’ within Europe
HSBC downgraded U.K. markets to underweight from neutral, according to a note from the British bank.
Its analysts described the U.K. as “a drag” within Europe as its equities are under particular stress compared to other nations.
The FTSE 350 is among the worst-performing indexes in developed markets, HSBC wrote, and it expects earnings to decline by around 2% in 2023.
Dan, thanks for being honest that's all i ask from anyone, this one is a tricky little bugger for sure, as i mentioned before we are caught in a trap here for now and will just have to sit it out and hope something good will happen that can make a difference to the share price, so far it hasn't, I don't want to see anyone losing money here like yourself i just want to see it improve
the post below posted by MrLong caught my attention last night, if someone asked that same question 5 or 10 years ago i expect the answer might have been 2 or 3 pound, but here we are, there is no question about this industry being the thing of the future, but with such high competition and ongoing expensive infrastructure it maybe still under performing for the next 10 years
but i expect the majority of the new names coming up here are just looking for a quick in and out profit and then on to the deal, good luck to them if it pays off , we are all hoping to make some money here
anyway fingers crossed we will be in a better place here in the months ahead
RE: Mr Long Loads of names not normally here today on the rns news.
The comments have one thing in common, they are all short term, short dated and based on a short term trade. VF stated they want to be the superior 5G over the course of the next 5-10 years, so if you align your investment with that, we’re do you think the price will be?
Hello rob. I would describe vod over the last several years as a terrible investment, but that is obvious. Is it a good future investment is what counts now?. I hope so, & I will be holding my vod shares for the time being at least.
Nah I am going to keep going as he needs to be exposed.
Advocet. I think we all know by now, jax is a foul mouthed, mouning idiot so I would give up with your constant repetitive posts if I were you.
Well no one knows that and this could easily turn back when the hated Lagarde opens her mouth this afternoon.
Artificial intelligence shares not in vogue today so that 'defensive and old economy' type shares are getting a bid.
Check out the top risers of FTSE 100 today and you will see.
Bought in a couple of days back, purely on RSI numbers.
Interesting comments on the board, probably equally split between LTH & Shorters.
For what its worth, I think this latest RNS will underpin the SP to some extent. It could well start its slow, weary way, back up the graph...
Nothing spectacular IMO, but very slow & steady..... Be a bit of a yawn, but the RSI has been strengthening for the last couple of weeks.....
Praying wouldn't do any harm either ; )
Now chances are very slim to go below 70p! Three merger news will take some time to digest. Vodafone India is getting sorted , UK business will get better with merger deal!, eventually Germany should get sorted too
Under the extended partnership, Vodafone Business will bring its connectivity for connected car service to millions of Hyundai, Kia Corp, and Genesis models sold in Europe for the first time.
The extension covers more than 40 countries in Europe. Vodafone didn't specify how long the extension was for, only that it was a "multi-year" partnership.
Both parties will also explore other areas, such as video streaming and Wi-Fi hot-spotting.
"In-vehicle connectivity is becoming universal. As a leader in IoT, Vodafone Business can offer unique and innovative solutions that drive the adoption of the technology. Vodafone and Hyundai have been shaping the future of vehicle mobility since 2018, and the extension of our partnership means we can enhance the experience of millions more customers across Europe," said Erik Brenneis, director of internet of things at Vodafone Business.
https://www.lse.co.uk/news/VOD/vodafone-extends-hyundai-partnership-for-in-car-streaming-services-nqeniuyaqlsr3yl.html
No chance its going to 60s.... Its going to turn around from here.... Its not bed bath and beyond... This is vodafone...
"Potentially overvalued still, and will people going for cheap mobile deals and keeping handsets longer, plus the dominance of BT/EE in the B2B space, we could see this enter the 60's soon."
---
That could be said about literally any services or products regardless of sector. Furthermore, you mention BT and EE, implying as if Vod is as limited to only one market as BT is. A poor and misguided argument.
Jax have you sold yet? According to you your already huge losses will only grow.
Sadly I agree Karl & my buy order of 68.1p still has 7 business days left to go.
I thought the merger announcement may scupper it but it took Mr Market not long at all to shrug its shoulders & say “So what?”
Think I may drop my buy in price.