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71p for me please Bob
Up 2% tonight on the NASDAQ, so far. Could this worm 🐛 be finally about to turn? We can only hope and pray. It's not like Margherita or the BOD ever try to talk it up or anything. Stoney silence seems to be the norm from VOD. Maybe large dollops of patience will eventually pay off here!
Accolade this week goes to Newsid well done
Vod closing Sp 1st Dec 71.67p
Speech Speech Newsid, you know the ropes by now
Enjoy your weekend
Full list will follow..atb
Dan, you are the King of sarcasm mate, as much as i like fleccy i'm not sure he will ever admit this has been a bad investment
This is of course the worst situation you can get into when investing in any shares, you buy in because you think it's a company that's going to grow technology of the future etc.
then the share price drops and keeps on dropping every year, so you are now trapped in this share with only two options sell up at a loss or stay in collect the dividends and hope that one day it will come back good again and return your capital, but let's be clear there's no guarantee that will ever happen
where this will go from here nobody knows, let's hope it's up
Cheers fleccy, as rob will confirm, you know I only joking with my comments?
Dan I must be doing something right. I said the share price would likely finish in the low 70's last week, due to going ex dividend, prompting you to change your prediction; And I said it'd likely dip below 70p this week going off previous price action following ex dividend dates, funnily enough by looking at charts; Vodafone hit a low of 69.89p on Wednesday.
Hello roofer. Well I could do a chart, but I think I will just go 74p I will leave the charts to those another planet, or universe even!
Thanks fleccy & sorry but you are just stating the blindingly obvious, that is, if the sp falls you can get more shares for your money, you don't need a chart. I feel that it is folly to buy high divi shares just to re invest, what is the point of receiving the divi if you are just going pay it all back in again with all the costs involved. If vod paid no divi & just kept the money , you might be better off than receiving the divi but then pay it back in. At the end of the day, a fall in the sp is only good if you can guarantee it will recover to the original price. No such guarantee excists of course & vods sp has in the past done the exact opposite. But of course that may change, so it is just a gamble. We are just chasing our losses, but I think the sp will rise, so I am not selling. But of course I could be wrong. Anyway mate, your latest buy is showing a small profit so far, so good luck with that.
Dan it's just meant to demonstrate the compounding power of dividend reinvestment and how a reduction in the share price buys more stock when dividends are reinvested, it isn't meant to be a real world example. Something else to consider is that Fleccy2 pulls in dividend income of £14,633.34 in year 18, whereas Fleccy1 only brings in dividend income of £7,599.37 in the same year.
Here's a chart showing the growth in dividend income with each passing year of reinvestment. It really demonstrates the differences between the two, with Fleccy2's dividend returns pulling further away from Fleccy1's year on year:
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=305726335&format=interactive
Fleccy. Having taken another look at your charts, it would take fleccy 2, 18 years just to be equal the fleccy 1 valuation, & that is assuming the fleccy 2 share price, & divi holds, & he is not dead. I know which fleccy I would rather be even if I do live for another 18 years.
They aren’t taking over 3. Reducing market share by palming debt off onto Hutchinson in a JV vehicle.
Who’s gonna run that, well?
Will VOD do an RR?
As an ex employee who’s been through mergers I’d say not with the current senior management. My experience with the CW merger was horrendous but with 3 at least they’ll understand the market.
Voda have a cultural arrogance that makes them think they’re great, they resist change internally despite looking to improve by bringing in others, they also have a very young overall age profile (38), lots of reinventing the same wheel. Their takeover of 3 will certainly create synergy savings and an opportunity to reduce headcount, though they’ll be unlikely to adopt 3’s more agile ways, been there too. That said I’m invested and ever hopeful that they can reduce the debt and move the business forward and improve the stock price for all of us. But do an RR (I’m up to my chest there) unlikely in the short term.
Gazza bombings started again few hours ago,, Not Looking Good,, Could Get Very Ugly Very Soon..
"Fleccy. It is pure fantasy, making the assumption that the sp falls by 50% in 1st year & then continues to rise for the next 29years. "
Does that mean you don't disagree with the alternate reality part of my example then Dan?
Actually you misunderstood the chart, the share price or dividend rate doesn't rise for Fleccy1, or Fleccy2; Fleccy1's share price stays at £2 for 31 years and Fleccy2's share price remains at £1 for the 31 years, both Fleccy's receive annual dividends of 7.7p per share. The reason Fleccy2's shares rise on a steeper curve is because he can buy more shares at £1 per share than Fleccy1 can at £2, and because Fleccy2 is adding shares at a much faster rate than Fleccy1 he increases his future dividends and shareholding at an exponentially faster rate, allowing him to catch up and eventually overtake Fleccy1.
The whole idea of the chart was supposed to demonstrate an easy to understand example of how dividend reinvestment gives an enhanced return as the share price drops.
Dan, I was thinking of doing a chart to illustrate how you can lose more money on your capital than you get back in dividends if the share price keeps dropping every year, but i didn't want to be a wet blanket
as long as we finish on a high tomorrow i will be happy with that for this week
That fleccy1 and fleccy2 example is a very nice illustration of why I like BP shares, their buybacks are at a much lower price than the other oil majors so over the long term they don't need to perform as well as the others for their share price to outperform.
Sorry for going off-topic, I have also invested in VOD recently (after keeping a tiny position from 120p). I am hoping that with the change in interest rate expectations, the debt load will be seen as less of an issue leading to a price rise.
I read somewhere that if you invested £10k in a ftse 100 company and re invested the dividends thru all the good and bad years after 36 years it would be about £156k where as if you did the same with savings they estimated the savings would reach £56k. So my take is even though Voda are doing bad in the grand scheme of things they will be far better.
Fleccy. It is pure fantasy, making the assumption that the sp falls by 50% in 1st year & then continues to rise for the next 29years. We can all come with fantasy predictions, but they are not very helpfull in the real, non fantasy world. Come on fleccy, give us a break.
Very cordial on here today,,,,Nice to see.....
Fleccy, i like that one, I hope i don't have to wait 30 years to catch up though, i will be too old to enjoy it ;-)
cheers mate
By year 30 Fleccy1 owns 155,298 shares worth £310,595.40 and Fleccy2 owns 462,851 shares worth £462,850.89, so Fleccy2's portfolio is worth £152,255.49 more than Fleccy1's, even though Fleccy2's stock price halved in the first year compared to Fleccy1's.
Rob, did I ever show you the chart for fleccy1 and fleccy2, and the effect of reinvesting dividends when the price drops?
Fleccy1 and Fleccy2 live in alternate universes and they both buy £100,000 in a company stock, they then annually reinvest the dividends over 30 years following the initial £100,000 investment. Fleccy2 (possibly me 🫤) see's the share price drop by half in the first year, with both Fleccy's then seeing the stock price stagnate for the whole reinvestment period.
https://docs.google.com/spreadsheets/d/e/2PACX-1vRYwu6rv7Vk2093vnE9975iJIfiNBDGYW08VmYU2MK2tsi0o9bA3rDwV9NV0XA6QJrkQeqet_jppwWg/pubchart?oid=1399088825&format=interactive
Because the price halves for Fleccy2 his dividend reinvestment buys twice the shares of Fleccy1's reinvestment, his portfolio grows more quickly and eventually overtakes Fleccy1's portfolio where the price remained the same. The idea of the chart is to demonstrate the power of compounding using dividend reinvestment when the price drops. It's an exaggerated example, but nicely demonstrates what I'm talking about.
Fleccy. I like that one. English is a very confusing language sometimes.
Rob. I was very tempted to name them, but would I ? Not looking too bad today, up on the closing pre-divi price minus the divi. but only just. Hoping for a good Friday.
Rob, “the stock market is a device to transfer money from the impatient to the patient.”