The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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.
Fleccy.. I love the song Windmills of your mind & don't find it depressing, but I take your point.
Current year profits should be about 13 Billion
Spanish and Italians assets in 2023 made a LOSS of 432 Million Euro .
The current market cap of 22 Billion is not split £12 Billion for loss making assets and
10 Billion for the assets that create ALL the profits
Spanish and Italians assets in 2023 made a LOSS of 432 Euro .
The current market cap of 22 Billion is not split £12 Billion for loss making assets and
10 Billion for the assets that create ALL the profits.
Can I have 71.67p please for next week.
KR
''If the business has 12 billion in cash and is valued at 22 billion, what value do you believe that the market is placing on the business minus the cash?''
what is it you do not understand about a 'discount' ?
Vodafone market cap is at a huge discount to net assets of 63 Billion Euro.
12 Billion of those net assets of 63 B is being reinvested .
4 Billion of that 63 Billion net assets is being invested in Vodafone shares, which at the current levels would increase earning per share by 18%.
What is it you do not understand?
Gary, I will remind you about that next time you are being naughty lol
Have a good weekend , and don't mention you know what, it ends in backs
* KiwiTwo 74.5p
Vod closing Sp 5th Apr 68.58p
Newsid 68.7p winner
HopeSo 73.95p
XxxAccount 75p
Shan999 72p
Tars 73.14p
Unlucky9 120p
Exil 69p
GutterS 53p
Suiris 71.67p
Doyen Dan 72.5p
Talatum 70p
Lawrence 72.68p
Bobrad 72p
Jesteh 73.9p
BarnsleyB 72.15p
DarthT 72.25p
Goatilcious 68.96p
Roofer 68.75p
Enjoy your buy backs weekend Atb
My old mum used to say to me & my brother "Stop fighting or I'll knock your heads together".
Are you two listening?
Whatever the argument the SP here is depressed, the market ain't convinced & no amount of buybacks will get it moving short term.
Only profits will do that & they will mostly come from Germany, if they don't the SP will continue to decline, simple as.
Anyone else find Windmills of your mind slightly depressing? Here's the cure:
https://www.youtube.com/watch?v=u7e7YnsB9Jc
Fleccy, very good mate, and nice to see you back on the board
There is another alternative, they could both agree to disagree, and put it to sleep
This thread appears to be going around in circles, it reminds of the song Windmills of your mind
"Round like a circle in a spiral, like a wheel within a wheel
Never ending or beginning on an ever spinning reel
Like a snowball down a mountain, or a carnival balloon
Like a carousel that's turning running rings around the moon
Like a clock whose hands are sweeping past the minutes of its face
And the world is like an apple whirling silently in space
Like the circles that you find in the windmills of your mind!"
https://www.youtube.com/watch?v=WEhS9Y9HYjU
Easier to just agree on what share buybacks do achieve as long as they aren't paid for using debt, which is to increase Earnings per share and reduce the dividend bill where dividends are paid, anything else is down to market sentiment.
"You should have remained silent as per the first 9 years "
"I suggest you give up you are making yourself ever more pathetic "
The fact that you go through post histories, throw around insults etc. in an attempt to play the man rather than the ball only makes yourself look pathetic. It's an anonymous share chat, so none of it really matters, but it's sad that someone would choose to behave like a nasty piece of work rather than say what they have to say and try and remain civil. It's not that difficult is it?
I'm not sure why you are so keen for everything to be repeated multiple times.
If the business has 12 billion in cash and is valued at 22 billion, what value do you believe that the market is placing on the business minus the cash?
Kr
You think that excluding Italy and Spain, with sale proceeds INVESTED in assets at a large discount would mean that all the rest of Vodafone that makes ALL the profits would be valued by the market at under 10 Billion Euro with the business having net assets many times greater. Absolute nonsense. You should have remained silent as per the first 9 years
4 Billion invested at current prices would boost earnings per share by about 18%
Nothing in your largely copy/pasted posts is factual. It’s just what you think or hope will happen.
The world according to you. Nothing more, nothing less.
Monies are being raised from non performing assets, and not from the sale of assets making the profits for Vodafone - a big difference.
''Della Valle has acted decisively in identifying and resolving the issues surrounding Vodafone's under performing businesses in Italy, Spain and the UK.''
''the sale to Swisscom marks a full exit from Italy, a market where, a spokesperson from Vodafone said, it was "not possible" to get returns on capital''
https://www.morningstar.co.uk/uk/news/247392/vodafone-shares-are-ailing-will-the-italian-disposal-help.aspx
Kr
you would have been better remaining virtually silent as you were for the first over 9 years of your KR id. - that way no one would ever have known.
Kr
''I’ve not put any figure on what the market values the wider business ''
I suggest you give up you are making yourself ever more pathetic
KR
''If Vodafone had 12 billion cash and a market cap of 22 billion, then the market has already valued the remaining business at 10 billion''
''Yes, the market will reduce the market cap/share price to reflect the billions being spent''
stop digging your hole any deeper, you will soon disappear.
Profitability will not be be diminished from the sales and yet Dan/KR
you both think that Vodafone would have a market cap of under 10 Billion Euro if all the proceeds were INVESTED in Vodafone shares.
4 Billion Euro is actually going to be INVESTED out of current Net assets of 63 Billion Euro.
That is 4 Billion to purchase assets at a very large discount.
I’m not digging any hole, there are literally no stakes to an online share chat.
You never seem to explain (because you can’t) how this cash can be spent with no impact to the market cap which is why you no doubt believe there is only upside.
Kr
''I’ve not put any figure on what the market values the wider business ''
I suggest you give up you are making yourself ever more pathetic
KR
''If Vodafone had 12 billion cash and a market cap of 22 billion, then the market has already valued the remaining business at 10 billion''
''Yes, the market will reduce the market cap/share price to reflect the billions being spent''
stop digging your hole any deeper, you will soon disappear.
Profitability will not be be diminished from the sales and yet Dan/KR
you both think that Vodafone would have a market cap of under 10 Billion Euro if all the proceeds were INVESTED in Vodafone shares.
Net assets are 63 Billion Euro.
I’ve not put any figure on what the market values the wider business other than cash tends to be valued more of less at the full amount and when it’s gone and spent on cancelled shares, it doesn’t add any value at the point of cancellation. It’s a zero sum conversation of cash to share cancellation at that point in time. The market then decides what happens next.
Kr
''Just repeating the same opinion presented as fact, like a broken record.''
it appears it is needed, for it to sink in .
stop digging your hole any deeper, you will soon disappear.
Profitability will not be be diminished from the sales and yet Dan/KR
you both think that Vodafone would have a market cap of under 10 Billion Euro if all the proceeds were INVESTED in Vodafone shares.
Net assets are 63 Billion Euro.
Words may fail you but the copy/paste function doesn’t seem to. Just repeating the same opinion presented as fact, like a broken record.
KR
stop digging your hole any deeper.
Profitability will not be be diminished from the sales and yet Dan/KR
you both think that Vodafone would have a market cap of under 10 Billion Euro if all the proceeds were INVESTED in Vodafone shares.
Words fail me