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For now, but a few years down the line and once the Chinese have theirs up ...
Musk satellites are great, but have you seen the hardware upfront cost and monthly charge. We’re in different markets here!
PFen, long term growth? In this competitive industry without any idea of any new products? With Musk's satellite technology with the potential for grabbing a huge slice of terrestrial communications even masts?
I have my mobile with Vod and I was canvassed for a new product recently, and asked for my opinion. Turned out it was for additional security features that they were trying to add on, and which I had previously turned down a year ago. Hardly groundbreaking.
OK. Does anyone know if Vod has any exciting new products under development? I was bullish about Vod a couple of years ago, but no longer, now I (think I) know better.
You are correct the FTSE has been a dogs breakfast for a long time. Just look at companies. Now it looks like Morrisons will go down and Dr Martin take its place. Until such time where Britian has serious companies with real growth opportunities this will continue. At least vodagone is staying up for now. Lets hope it can have a good day and see blue at the end. Given its current price one would expect long term growth
Apparently according to the Chinese we have a massive asset bubble globally. It's so concerning, last time I looked at the FTSE was where it was 21 years ago! All that 0% growth in 21 years is concerning me. For me the FTSE is deeply undervalued and has been for almost two decades.... My concern is the undervaluation of assets.
Stanno, what a great post, sensible and level-headed. Enjoyed reading it. Four recommendations, that's actually a lot in this chat room.
As for your comment about posters claiming to make money, reminds me of the following:
Polycratidas was one of several Spartans sent on a diplomatic mission to some Persian generals, and being asked whether they came in a private or a public capacity, answered, "If we succeed, public; if not, private."
You still don't get it Dan, posting after you have had a skin full being rude and abusive to Mikey and I then saying I would tell you more if it wasn't for the "PC Brigade"- you mean people who can discuss a share without resorting to personal attacks that you do day in day out on Mikey? You really are something,
tinlid. Nothing wrong with shorting, but you missed the point. Mikey is not shorting. The P.C. brigade forbids me from explaining my point any further. ooh,sorry robleo. I guess I need to chill out?
Cheers robleo, I think it is fair to say that I am about as chilled out as anyone can get about the demise of the vod sp. Sorry but I don't quite get your point, but yes, world war 3, I can do without, (slightly over dramatic from you I think) You need to take your own advice, & chill out I think? I do think sometimes you lack a sense of humour? But I am glad you like us all !! I am trying very hard to like you back !!?? I might have to work a bit more on that one though??
Danielh - I admit that it is a bit misleading when I said not everyone who buys shares wants the sp to go up. I have a normal share dealing account where I buy and sell shares. I also have a spread bet account where occasionally (very occasionally!) I bet on a share to go down. Hence my comment that not everybody wants a share to go up.
Dan chill out mate, you know i like you all, just trying to stop world war 3
Hi, C.S.D.I. I hope you don't mind me picking you up on your last post about all eggs in one basket Mikey! Are you confusing Mikey with me. I am the one with all my vod eggs in one basket, not Mikey. Mikey obviously has vod shares (assuming he really does work for vod?) in the form of share options & others that he tells me he has. So I think that he is wise to hold those. But also, Mikey has claimed to have bought other shares as well. Of course everybody on here thinks I am crazy to have all my money invested in vod, but I can take it??!! I am retired though, & have more money in my pension than is invested in vod. I am a gambler, & the golden rules of gambling are. A. Don't bet/ invest more than you can afford to lose. & B If you do lose, don't moan about it. Come on C.S.D.I. We all know you are aching to buy back into vod. When though, to morrow, or not to morrow, THAT is the question??
robleo. Thank you for your post. Of course I am cheesed of with the vod sp lately, & some on here have had a pop at me . Of course I am not the most tact full, or p.c. poster on here , & I don't suffer fools gladly. But to suggest that I am a bully, or a know it all, is way of the mark, & to suggest that I am taking it out on Mikey is ludicrous. I know nothing( as Manuel would say) I even got slated by narcus for saying my posts for the vod sp are based on wishful thinking, & then he accused me of thinking I am cleverer than everybody else. You can't win with some. But come on, if you go through life being negative all the time, you may as well just give up. I suspect however,I am preaching to the converted, so thanks for your very tact full comments. I've had my 1st jab, so I am very positive. I was supposed to be going skiing in a couple of weeks time, but now can't, so come on, I need a lot of sympathy. It's just not fair? moan, moan,moan. But life goes on ??!!
Dan If you look at what weave gone through lately, with Brexit and pandemic, which has been a hammer blow to the whole world, ok more job loses are going to come, but surely things are going to start improving from here on, i think we will start to see growth in the economy and things will get a lot better, because lets face i don't see how they can get worse, just hold on there
Stanno. You make an interesting point by saying a 10% year on year growth is acceptable. I would say it is more than acceptable, it is very good, & far better than most investors make, a point that seems to be missed, or just ignored by many. Of course we all can pretend otherwise. As for your last point, there are plenty of vocal losers on this forum, of course vod has performed very badly over the years, but it's the future that counts so lets hope for a 10% + return from now on. o.k. So I need much more than 10% to break even, but I live in hope. Good luck.
tinlid. Sorry mate, but it is blindingly obvious to anyone who has read Mikey's posts that he is not shorting. If he was, then good for him, but Mikey obviously feels that whatever he says, the opposite will happen, hence his obsessive negative posting. Good luck to you, but what do you mean when you say "not everybody who buys shares, wants the price to go up"? Sounds A bit confusing that statement??
Picking up on some very key points. If an investor truly believes that a share is going to keep losing money, then the wisest course of action is to sell it even if this produces a loss is good advice. I have rarely done this as I am always hopeful that things will turn around. Sometimes I am right and sometimes wrong. As I look back on my mistakes there is nothing which stands out that would make me know better which I should have done. Investing is a bit of a lottery, but one where we try to push the chances in our own favour by looking at company fundamentals and making the best judgement we can based on what we see.
Much depends on what a person is trying to achieve in their investing. For me a ten percent growth year on year is acceptable, but it will not make me rich quickly. It will not transform 10k into a million as some seem to hope for. Those kinds of returns require a lot of risk that I don't want to take and which will inevitably leave some investors in a hole.
For anyone who is happy with a steady return my advice is a repeat of that which can be found everywhere. Have a very diverse portfolio and look at company balance sheets. Read stuff on the company website and make the best judgement you can as to what is hype and what is real. Catch the wave of current thinking as best you can, but as a dispassionate observer looking in from outside. Personally I often top slice when things have done extraordinarily well. With hindsight this was often a strategy which was not optimal, but at least I felt more secure. In some cases I wish that I had done it more.
For those who are carrying a loss here and you feel stuck, it may be worth bottom slicing. Take some money out and put it somewhere else and watch to see how it compares with the money left in here.
To a large extent Vod is a mature share, it probably won't do anything wild one way or the other, so there is no imperative to do anything radical.
The other advice I would give is to read message boards like this one. What you see here is a lot of frustration as well as a degree of hope. It sums up what a new investor into Vod will probably experience themselves. It then becomes a judgement call. My judgement was that this share has some potential, generally pays a good dividend but may slip around periodically. I would invest but not massively so.
The other observation I would make is that when the FTSE rises, most share will rise and we are currently about a thousand points below par with the FTSE 100. This gives some reason for optimism. The posters who seem to be able to make money in a choppy market may or may not be telling the truth. The reality is that even amongst professional investors, the ability to beat the general move of the index as a whole is fifty fifty. The losers are equal in number to the winners, but probably far less vocal.
Not likely when he is a VOD Employee with share options too.
I just fear he has all egge in one basket - which is a recipe for disaster when things go wrong.
I have a friend who used to work in the Halifax bank.
Lost her job in the crash with thousands of others - plus her long term shares in employee scheme lost around 90% of value.
Double whammy.
I have tried to reason with Mikey, suggesting split his shares into smaller batches to manage the situtation. But he chooses to ignore any constructive criticism, so I am left banging my head against a wall.
I bought VOD at over £2 back in early 2018, bought some more at about 165p on way down. Sold half at 128 in June 2019 for a 25% loss, and sold at 152 in Jan 20 for 11% loss. Had a recent foray but sold at 134 for a pointless 2% profit and now not got any VOD.
The point is - I took a decision to accept a loss or two, to redeploy the depleted capital. No point flogging a dead horse. Maybe VOD will come back to life at some date in the future and when it does I will look to buy if funds available.
One option to try and reduce loss is trade around ex div dates, as the market seems to give big divi payers a very tough time and drops the SP considerably more than the divi. I've done this with GSK and IMB which are both in loss making positions atm.
It seems Mikey does not want to consider doing anything other than blah blah blah.
I really need to stop wasting my time talking about Mikey, but he craves the attention judging by the number of tedious posts.
Cheers - CSDI
If Mikey is shorting vod then I can see why he posts negative views. I would probably do the same. Not everyone who buys shares wants the price to go up.
Wayzgoose it's called over committing to one share, you see some hope of recovery, then suddenly your back where you started several weeks before, some people will moan about it every day, and others will moan about people moaning about it every day, and emotions can get get a bit high, the dividends definitely help as your getting income while waiting for the sp to rise, but nothing is certain in this game, i have some holdings that are around 70% in loss with no dividends, and have myself over committed with lloyds, but i do agree if you can't handle it, put your money in a savings account
I don’t understand why people on this chat post so many negative comments. I bought more Vodafone on Thursday, yes they have dropped since but so did a lot of shares. The company pays a good div at a rate I believe is safe. Selling of a small percentage of the towers will pay of a bit of debt but will show the real value of the tower business. Covid will be beaten, people will go on holiday/travel so roaming will go up. I will just wait, I can see this being back up to £1.40/50 in next 6 months and as I say nice div while waiting.