Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Jax you say that all the time, and 60's coming blah bla blah. We wait patiently but so far you have been consistently wrong.
The 1st of September won't change anything about that.
Vod the dog now in reverse
The last few days were a blip
Rob, good post, there is far more to making money on shares than just being a good accountant. No dissrespect to fleccy, but he sometimes sounds like a horse race gambler,who is an expert on race horse form, but can't understand why he is losing money. If only it was that easy, we would all be accountants. Your mate Nick Read I think was a good accountant, he didn't go down that well? But of course fleccy is right by saying it is all very very complex.
Fleccy, there has been plenty of accountants invested here over the last 5 years, and most of them as far as i know have lost money here just like everyone else, if you lose more on your capital than you get back on dividends, it's pretty obvious it's been a bad investment, the only question now is can we recover some of them losses from this current awful share price, hopefully we can get back a£1 at least without having to wait another 5 years
It's seasonal correction time and I'm ready to pick up some cheap shares mid October.
Although I won't be buying Vodafone.
"A mystery how this dogshxt is still above .70, would think the usual Sep/Oct melt down should fxck it up properly down to where it needs to be….sub .66 ( yes I’m shorting it with July 2024 puts )"
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No wonder you sound stressed. It takes a lot of illegal drugs consumption to arriving at a decision to short one of the most undervalued shares on FTSE. I am sure the market will sober you up soon enough.
It is all about Etisalat. They own ~15% of Vodafone and their immediate publicly announced intention is to increase their holdings to ~20% in the next few months. There is a real possibility they may bid in totality for Vodafone at some point.
A 15% ownership positions then as the leading candidate for a takeover.
MDV is making some major structural changes at Vod with Etisalat is looking over her shoulder as a "co-owner." Will the dividend increase or decrease? Etisalat has a major say. Should Vod sell Spain or Italy? Etisalat has a major say. Who should be on the board of directors? You get the idea.
A takeover would give Etisalat a strong position in Africa. If you look at a cellular map Vod and Etisalat ownership of African assets compliment each other competitively. It also diversifies UAE holdings away from oil and gives them a major position in numerous telecom markets.
MDV needs to get the share price up through disposals so if Etisalat moves for a takeover they get a good price for Vod holders. Conversely, a much higher share price could make it more expensive for Etisalat to attempt a taker over. I estimate the fair price to be over 2.5 times the current share price presently. If Vod sold off their operations they could conservatively get somewhere in the area of 550 billion pounds. There is a lot of value here and a lot of money for shareholders to be had.
Jax, you will be wrong again, as usual. Not worth listening to and just embarrassing.
What happens in the sp in the next few weeks and months matters not to most of us anyway.
We just collect the ample divi and wait patiently.
The reversal now starts from the latest mini resurgence
Vod is junk
A mystery how this dogshxt is still above .70, would think the usual Sep/Oct melt down should fxck it up properly down to where it needs to be….sub .66 ( yes I’m shorting it with July 2024 puts )
Nice cheap and tasty soup stock to hold through the coming recession.
Much better than this Vodafone junk.
Lse2000. So how about something interesting from you then, instead of just boring us with your timewasting post?
Mole_man, clearly Vodafone wont grow revenue much from here, they need to focus on debt and capex reduction in my opinion.
Capex is clearly the largest deduction from EBITDA and the largest reducer to Free Cash Flow, followed by Spectrum and Licences in FY23, but that may reduce in years to come. On a yearly basis Interest received and paid is another significant reducer, around €1.1 Billion per year currently ; Dividends are separated from Free Cash Flow and accounted for as a deduction in the Net Debt calculation.
The Vodafone UK/Three merger, should it be approved, will initially impact the Revenue and Net Debt figures, and if I'm reading it correctly Vodafone will eventually take full ownership by allocating new Vodafone shares to Three's owners.
Vodafone is quite a complicated beast, maybe a thread should be dedicated to the Financials so they can be discussed properly? There may be a few accountants who read these threads, I'd be interested to read an opinion from someone who actually knows what they're talking about, I'm not an accountant so I don't include myself in that.
Looks like LSE need to change this to Vodafone prophecy discussion only ... All filled with same boring and timewasters prophecy discussion. LOL!
What value the big money assigns to VOD when they return to desks is really going to rely on what earnings growth rate they can plug into their DCF models.
VOD really need to show how earnings can grow. A one hit from inflationary price increases won’t convince. The big money will just worry they will lose market share.
The value they assign also depends on what bench they compare to. The risk free return from bonds and other sources has risen considerably. They will want a handsome margin of safety to hold VOD.
Just trying to explain the apparent lowly SP may not be that low when compared to alternatives. A key reason why big money is not piling in driving up the SP.
VOD need to prove a high earnings growth rate to convince price moving buyers.
1.01
Vod closing Sp 29th Dec
Uncle Doug 80p
Added to list Entries close 1st Sept
Atb
Gutter snipe and jax are the same poster, have you noticed that they both tread the same path and use the same words etc.
they are NOT investors and just get a kick out of blogging because they don't know what they are talking about.
80p for me
Is there anybody on here that can make any sense of what gutter snipe says. A very strange world we live in. We can all just talk a load of garbage, but what is the point??
Avocet v/s jax. Latest score, advantage avocet, jax to serve! Probably another double fault?!
Imo the next results will be better news. It will pull all the rate hikes across all territories and start to show the payroll reduction. Also as prior CFO she will now how to present a set of accounts to the market. UK looking cheap to the rest of the world atm and they’ll all be back at the desks next week keen to earn some money!
Big falls in the next few days.
Vodafone will get dragged down with all the rest.
Should hit 65pence during the first wave.
Even lower possible in October.
DYOR
GLA
Don't eat yellow snow
Don't put off a ruby doo
Hold on to your butt plugs
Don't criticise my friends
Declined in tandem with FTSE100 Jax. Nothing to do with VOD.
But guess what, another up day. Plenty to follow.