The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
"Hope I am wrong but we have been downward spiriling again for the last few weeks"
Why are you bothered, unless you're planning to sell? Even if the share price dropped to 10p it's only an issue for someone desperate to sell and if it did drop too far I'd hope the dividend would be dropped and cash directed into buybacks instead. Obviously it wont drop to 10p, as the share price is already ranging around 90p and the lower it goes the more resistance to further drops. Mikey, I'm not sure why you give a running commentary of the dips in the share price, your post are becoming predictable and slightly comedic, some recent examples:
"Nothing new - looking really dodgy for tomorrow . This could test new lows tomorrow - below 80p"
"Usual afternoon decline starts around now - lets hope we can stay above 89p at least"
"Well there we go back into the red . My guess 79p - dont see the markets liking anything they announce"
"Manure is useful on the garden - mind you thats all these shares are worth - compost on the garden"
"Whats the betting we finish on the lows of the day again . From bad to worse"
I could copy and paste every one of your posts, but the five examples I've used give the general gist of every one of your posts. Even when the price climbs your posts are negative, which is your right as we're all entitled to our own opinions, but we all get the idea now that you don't like Vodafone, so I'm not sure why you don't set your Opinion Flag as a Strong Sell?
Just why would anyone thinking of buying shares invest in Vodafone?
It has masses of problems, enormous debt, declining revenue, a dreadful BOD & a same again new CEO.
There are numerous other companies out there much better off than VOD without any of the drama. These others are being brought & not VOD & that’s why the SP is in a downward spiral. God help shareholders after results.
The way it has been going lately and it has dropped 6/7 % last few results . Just dont see the markets liking the results . Hope I am wrong but we have been downward spiriling again for the last few weeks . All the latest announcements have had a negative affect on the SP . Vodafone is not liked fullstop
Mikey - why are you so gloomy about tomorrow ? you estimate 10% decline -
Nothing new - looking really dodgy for tomorrow . This could test new lows tomorrow - below 80p - i hope not but its looking that way
Falling like a rock again in the afternoon
Usual afternoon decline starts around now - lets hope we can stay above 89p at least
Revenue up 16%.
Profits down 6% due to using diesel generators
Https://www.telecompaper.com/news/vodacom-group-fy-revenue-rises-16--1463189
Vodacom profits up 16%
I believe Vodaphone own 65.1% in Vodacom
Well there we go back into the red . My guess 79p - dont see the markets liking anything they announce
My guess, 83p
87
Vod closing Sp 17th May
Newsid 84p
Izstar 97p
Tars 99p
RG27 91.76p
Casshy 95p
Iggypop 102p
Esprit 97.5p
Android 97p
Entries by 12pm Mon
91.76
95 for me....crazy low levels...and the dividend will be kept..roll in Tuesday
97.5....forever hopeful it will one day reach a level I can get rid of this damn share. :)
97p again for me please
99 for me please Roofer
97 for me please
I think this will get worse before it gets better.
84 for me please. Thank Roofer
Vod closing Sp 17th May
Doyen Dan 100p
Exil 92p
Jax05 110p
KiwiTwo 82.5p
XxxAccount 100p
Roofer 91p
List so far
Entries by 12pm Mon
Atb
Good evening Porsche1946
""As Terry Smith says that is the most stupid phrase ever"
As Forrest Gump says, "Stupid is as stupid does" a phrase that typifies your repeatedly daft and contradictory posts written with an enormous amount of artistic licence.
Enjoy your weekend
Dan
Vod is a cash cow
Sort the overheads/debt and problem solved
Porsche1946 working overtime to push the bear case, does this mean it's time to fill one's boots?
I think the market is deciding on whether they made their FY targets.... and recent share price weakness suggests it thinks they haven't quite done so ....due to continuing difficult trading environment noted in Feb update...and the need for more time to extract the cost saving target ...which is underway...latest ROCE number ...
" Continuing to target updated FY23 guidance: Adjusted EBITDAaL €15.0 - 15.2 billion and Adjusted FCF c.€5.1 billion"
I still see this SP weakness for the near term,unless there are any positive surprises that are not expected ..the US default nonsense and ECB/BoE rate rises etc...acting as macro market negatives and nerves ...in general
CEO Outook and guidance will be key...being the CFO she will work out what to target to achieve better performance but may set out a CM Day in the near future to present her idea of what needs doing and when and what it will all achieve ..she seems to doing well so far and started putting the right people in positions, cost cutting , targeting and being open about areas to improve ...but up against it when interest rates are causing weak economic GDP figures and people/businesses are cautious
Now needs to find a strong new CFO to work well with the CEO ..make a good convincing team
I see continued weakness as at present for the near term ..cant see the results showing too many surprises unless things have turned worse than the Feb update....the US default nonsense and economic back drop not making things easier just yet....and her work not yet having enough time to filter through quite yet...but...if the confidence is there she has the plan then the market will respond once she sets it all out ..IMO