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@ jax05.
How much is it down in the US, if you don't mind me asking?
@ Android.
I wouldn't mind watching it again after reading more into the company.
From what i can glean, things are not as the BOD would like, but they are taking steps to remedy this. Spain being a prime example.
I particularly like , rightly or wrongly, the fact that the dividend is apparently unaffected. The little man is happy, but the big hitters will be pleased. Very pleased.
I look forward to more dialogue if or when i invest. Good luck to you either way.
Look at the us
This will plummet tomorrow
@isleworth, it was also interesting to see UK, Italy and Germany as standalone on the group structure with the rest of europe bundled up. It certainly suggest the strategy options being considered. Just need a big deal to land that doesnt upset E& strategy. I expect E& want to be aligned with standalone UK, Italy and Germany and then the 'right sized' rest of europe.
Why are you on this board? A genuine question!
You have a clear dislike about this share and you are not shorting it. So why are you expending your time on something that is seemingly of no interest to you.
Just finished my last meeting for the day and gone through all posts and you seem to have committed to 50% - ish of it. Posting basically the same thing over and over again.
PS I am sure I am not the only one who is confused here
@ Beo1.
I thought the webinar was conveyed extremely well.
Let's see what tomorrow brings.
The fact that the dividend is still in place, and will be going forward, will settle nerves. In my novice opinion.
I think i'll buy a few before the 8th.
@ jax05.
I get it, and your sentiment.
But i'm assuming that MVD wasn't CEO in that time.
Knowing Vod inside out is a seriously bad thing
She’s been here 30 years look at the chart
Fresh blood needed here
@ jax05.
It was on at 5pm, with live q & a's. I'm not sure if the market here could reflect on that.
You are quite vocal here. Do you not take any positives out of the fact that the new CEO knows VOD inside out, and can probably see where the issues are?
Also the fact that E& were mentioning upping their stake past 15%, to get another seat on the board? Is this not a positive?
The CEO of E& (if i heard this correctly) was a previous CEO of VOD. His knowledge would be hugely beneficial if he was to be on the board of VOD.
Your opinion will be valued, as i'm looking to buy, and appreciate all comments, for and against.
Looks well received in US, up about 0.8% since our close
@isleworthSpy
No but I guess the market made their own decision on that……
@ jax05.
Did you watch the webinar?
“As an outsider looking in”
Probably why they couldn’t recruit an outside ceo
As recession in Germany does not mean anything to VOD. This is a utility. The last thing people will do is to cut internet and phone bills. They will starve before then. In that sense VOD is recession proof.
@ Android.
As an outsider looking in, i thought it was positive.
The dividend is obviously good, and there appeared to be no immediate issues with paying it, going forward.
The 3% fixed rate was something that i noticed.
Dealing with the biggest issues, seemed to be top of the agenda.
And what appears to be a clear plan in place, is good to see.
The other thing people tend to forget / ignore is the user base of Vodafone - from last records, circa 600m subscribers across all its territories and channel offering. On average therefore, Vodafone is earning, based on €45b revenue, circa €75 ARPU per annum. Price inflation will help, but in this world of data, and they are just beginning to across IOT, there is huge value in this user base alone. Even if Germany users are falling, there is net growth across its base.
To put it into perspective, Netflix has 233m subscribers. They also need to invest heavily in content but now trying to better monetise their asset ie user by advertising and removing free sharing. Netflix recorded $32b revenue last year with net profit of $4.5b. They have circa $14b of debt. Their market cap is a whopping $175b!
So, make your own assessment! Think who can and will benefit from 600m user base across UK, Europe and Sub-Saharan.
In your dreams jax, the new CEO has aired the majority of the dirty laundry. If you're so convinced there'll be profit warnings going forward, tell us where and how they'll lead to a Carillion scenario, because you appear to be the only one who thinks that will happen. Are you saying you know more than all the analysts who report on the stock?
I can't see a single Broker recommendation below the current price.
This evenings IR call also clarified the context of next years dividend against lo/ no spectrum commitment, fixed interest cost 3% whatever happens to interest rates going forward, ring fenced capex (intensity), so that I was left more confident it will be 9cents again next year too. Obviously it's up to the BoD in September and based on (rebased) performance.
Did anyone here watch todays webinar?
However, if you have just entered at a price of below 80p with divs next week .
Maybe the strategy is a good one to buy on the way down.
Time will tell ,good luck to all.
I think shorters buy in the UT as cover....if the US Debt Deal gets passed, there could well a relief rally , for which the shorters already have some shares stashed away
If the Debt Deal vote fails...the shorters can just dump the stashed shares creating the inevitable crash on the Deal failure
WB - buy when others are fearful or whatever he said, I don’t really care tbh about what the old git said
Point is Apply that to Vod and you’d be buying from donkeys ago with still no capital reward lol
Last day of the month...possibly related to monthly account adjustment ...
Seems cheap but is it?
The eternal question
When the market wobbles, weak shares tend to crash even more. There has been zero market confidence in Vodafone for a long time.
Van Boxmeer, the Chairman, role is to woo the large institutions and engender strong market sentiment towards the strategy the company is following. As he has been in office for 3 years+,
the market has given its verdict.
Destruction of shareholder value will only be arrested if the CEO can arrest the decline in all areas of the company - fcf, customer numbers, discharge unwanted assets at acceptable prices
etc., a vey tall order.
What has gone on today is beyond my understanding, hopefully a full RNS tomorrow.