Vodafone Share Chat (VOD)

Hi Dan.
Strange day (I was watching it all day between drawing up plans etc) bouncing off between 131.0 and 132.0, and then up to 133.0 and back down to the mid 132's. I presume these are automated trades.
Yes I need to modulate my trading to take into account whether I am over- or underweight, and this is part of my effort to do so. Need to work out some sort of algorithm , presumably like the pro's do.

Hi Mikey,
Whatever happens before or at the close here, I am predicting that it will go up on the Nasdaq this evening, to 18.55 or above.

Patient. Good on you, hold for the 1.34 at least. I was going say don't take any notice of you know who, & then his post came in. Unusual pattern at the moment, graph looking quite flat,so I will be happy if it stays that way for now. Skyward tomorrow though.

Wonder if it will wait until close or sooner before it drops yet again into the red

Hi Dan,
Yes got in at 1.314. Waiting for it to go a bit higher before selling, as I am underweight at the mo, so trying to be greedy. Doesn't always work though.
I could sell at 133 but waiting for 134. Just got a feeling. And you know what a man has to do when he gets feelings! Probably get punished for breaking my rules.

CSDI. I got my divi into my bank acc. this morning & managed to buy just at the right time at 1.31 ish So at the moment my timing is very lucky. No skill at all . I wonder it patient got in at 1.31 as well. But if so, he probable will sell, so I just hope he doesn't get his evil way, & the sp plummets. Sorry you are having prob's though, but I am sure whatever happens you will never be a contender for moaner of the Month! Not the same league!

CSDI1962 - You're right, but I consider VOD a fairly solid company so even if the Sp drops a bit it will eventually rise again. Also have the benefit of the Dividends should one choose to accept.
I usually find I make a similar gain by selling just before Ex-Divi date - Also avoids paying Income tax on the Dividend Income.

Richie, hope you've got bigger shed than me. Mine is more like a mouse-house for my few shares.

Beware - don't take ANY notice of Broker Recs.
Eg today GSK has two - one at 1925p , one at 1300p.

Some brokers have undue influence on SPs and others have no effect at all.

Stick to your guns and ignore the brokers.
I have seen days, where you get one buy, one sell and one hold or more on the same share !! - honestly.

I bought a shed load @ £1,20 - Will hold for a while.
As for CGT - If you want to avoid CGT then just limit the profit on your sells so as not to exceed the annual CGT allowance (£12,300) - simples!

I'll hold until £1.50
Article from 6-Jan-2021
Analysts at Berenberg upgraded their recommendation for shares of Vodafone to 'buy',

They also said that, trading on 6.1 times its estimated EV/EBITDA for 2021/22, against the sector average of 7.2 times, Vodafone's shares were "cheap".

Their target price was revised higher from 148.0p to 155.0p.

I think Patient thinks getting by selling "less" at a "higher" price gives "free shares". You still have to work out a rather complicated mess to work out your capital gains - you can't just buy 19 triple glass windows and think you don't owe the tax by telling him the shares were free. Also agree with Daniel please use the time honoured names for spread/high/low making your own definitions up is confusing and unnecessary

Never ever buy CFDs, that is one reason U.K and European equities underperform. EXV2 is from blackrock ishares - all big european telecoms are in. It’s in euros but there must be other ones in £. Dyor.

CFDs are toxic to the overall market..........U.K MMs can whack any share because of the huge CFD hedges.

Smithy and H-hi,
Thanks, I'll look it up.

Dan
I am registering myself for moaner of the month if rules permit voting for self !
I am still waiting for HHI and VOD divis.
What was the song with lyrics ... "and the wait goes on"

Either that or cfd with no commission either. Just keep your leverage low

Patient,

Sir, You are paying too much in stamp duty! One recommendation buy European telecom ETF. No stamp duty.......just telecoms......better than VOD!

Just checked my records. I held two tranches on 7th January (8,202 shares). Since then I have held up to 9 tranches. I briefly held two tranches yesterday (9,111 shares), so an additional 909 shares acquired without costing anything. Also the shares have nudged up in value a bit as well. Of course such an increase is less spectacular if you measure it against 9 tranches (around 35,000 shares in play), but it is still an increase of 2.5% a month in number of shares held. That is definitely one of my better months.

I have now got three tranches and looking either to buy or to sell. I am underweight so if the sp spikes I will underperform.

Still, in Vod I have the relative safety of a stable company and the prospect of reasonable returns with not too much risk. Hopefully this is going to be my hobby once I have done with going up ladders :)

About stamp duty, I have had a look at LTF's and would rather steer clear. SD is part of the rules of the game, and I seem to have earned about the same as SD and fees over this period. In a time of "stable oscillation" as is now, for instance, I simply seek to add to the number of shares held, at no net cost, by buying shares for an outlay of say £5k after costs and then selling £5k's worth after costs, when the number sold is less than the number bought.
I have chased losses and gone backwards from time to time, but overall ...

Dan, as long as the sp oscillates up and down enough to cover the stamp duty, I make small regular gains. If it changes by a large amount I can be left behind, and say I would perform less well than doing nothing if for instance the sp rises. Therefore it must oscillate for long enough in order to make more gains than would be lost by a large increase. Other than that, ordinary rules apply in that you should believe in the value of the company in the usual way, and always look forward rather than back (i.e. make decisions based on prospects rather than based on past patterns). After a large change in the sp, I simply recalibrate.

Because I deal in tranches, selling "too soon" or buying "too late" is not the issue it would normally be if I went all-in every time.

Patient. That is £7000 in stamp duty alone, not to mention dealing costs. Well, no one can say you don't pay your taxes. Your no Robin Hood are you??

Ok I get the maths. If I bought 1000 vod shares at £1 & sold the lot at £1.10. Then bought 100 shares at £1, my average would be zero. If I bought 10000 & then re bought 1000 my average would be zero. So you probably end up with a lot less shares than you started of with, which was my original point. When I talk about lowering my average, I mean I am keeping the same amount of shares, but lowering my average price,which I think is what most mean when they talk about there average price. But thanks for pointing that out. However Its better than losing & I think patient is better off as a property tycoon anyway. But he seems to be doing very well generally whatever he does. Probable better than me, or you perhaps.

Interesting drop at the close in London. If I could buy at 132.40 tomorrow morning I will do so, but it went higher rather late in NY. So probably not going to be possible.

Dan - do you get the maths behinfthe break even at 71p - this is not saying the average cost is 71p or anything close.

Say you buy 200 shares at £1 each, then sell 100 at £1.30.
You only need to sell the other 100 @ 70p to break even.
This ignore stamp duty and commission etc.

I have positions with IMB with average cost approx £19 per share.
But only need SP to get to £16.39 to break even, due to previous profits taken on earlier trades.

Apologies if I am asking Nanny to suck eggs LOL

Everyone doesn’t have the ability to shift the market with margin in tens and sometimes hundreds of billions.

Do you happen to have an AI driven, machine learning Quant supercomputer in your living room at the same time?

May want to look at the shoeing BP were given last week, without a single RNS or negative news article. Then have a look at the institutional shorting that’s been going on in the background. Interesting that U.K. finished up 4% and ADR is currently on around 5.5%

Many more than a few hundred, and at peak had over 60,000, but at present I am 78% in cash, which I will need in a couple of months for my building project, so I can't be too flippant.

To look at it one way, the profits over these past two years have more than paid for the 19 new triple-glazed windows recently installed on the first floor. And I still have enough shares to deal in £5k tranches (nearly four).

Since 19th Nov 2018 I have sold over £1.4m in Vod, and likewise bought, and that includes long periods when I was not particularly active.

Smithy. "Institutions trying to steal your shares on the cheap" What planet are you on, complete nonsense. Everybody wants to buy cheap, if not, they are idiots. They are not stealing them. Grow up & get that chip off your shoulder.