Vodafone Share Chat (VOD)

Mrd,

Incorrect there. VOD was almost consistently well above 200 throughout 2016, but dipped briefly below 200 late November/ early December, then rallied again. Look at chart for 2016. Very clear. - Regards.

Theyl have had a price in mind. Let's hope it was 145p.

JackD they reached a low feb 2016 then started to rise again once bonds were issued.

Fordy,

Scrap the first link. Different bonds so Mrd is probably right. But they did raise huge sums before via convertible bonds in 2016 as 2nd link shows. So this is nothing new. It just allows them to raise cash without taking on even more debt. - GL.

Thats hybrid bonds. This is 3 billion on top not launched yet.

Fordy,

Article from 26 September says they were launched on 25th Sept. Some €4bn Euros, so £3.6bn

http://www.cityam.com/263783/vodafone-looks-raise-eur4bn-hybrid-bonds-fund-liberty

NB: VOD did it before. For eg. in Feb 2016. they raised £2.9bn in convertible bonds. That didn't tank the SP. GL.

https://www.ft.com/content/e0838bcd-9727-3644-95c8-5c48e595a0f6

They said end of year. No date given. And with a 3 year buy back to avoid equity dilution.

toffappleton, yes, debt is fine as long as it is sustainable and you aren't propping up divis with it that are beyond ludicrous. If a company goes on a decade long spending spree with little to show for it by way of bottom line returns and not simply the "flexible" accounting nonsense then sure borrow to increase income but not to empire build with sod all to show for it. I am pretty sure many do realise that and really should be afraid of a huge empty drum.
If there are wonderous figures awaiting the much vauted announcement then they must be the "flexible" accounting type as surely no one will believe the change in fortunes.

So what is the key date for these bonds? It’s the buy date a guess, and I guess they have not yet been bought?

Hi Mrd,

Some VG points. It also remains to be seen whether VOD allows these bonds to be converted in shares at the end of their life. That'd risk dilution & more grief.

But all this comes down to financing the Liberty deal. Without offering convertible bonds, VOD had to borrow more money on top of their already huge debt, or have a RI, which would further dilute the SP. So maybe bonds the best of their options. But still it stinks. - Regards.

Pure manipulation started as soon as they mentioned convertible bonds in the results. After results went down kept going down. They have bonds for 3 yrs. I can put my life on it in 3 years this will be way above their conversion price.

Keep an eye on who takes the 3 billion convertible bonds then we will know who is powerful enough to manipulate a ftse 100 top dog. I've seen this many times in companies just didn't think they could do it to a ftse behemoth. The word convertible gets mention you RUN. Until they're done.

They drop the share price. They work by chippin it away bit by bit. Then they let the market do the rest. They is whoever is buying these convertible bonds. Then say they get them at 140p equity conversion price 160p but share price is nearer 200p whoop whoop quids in. Now imagine share price was 220p conversion 240p. Whats the chances they would get above 240p. Zilch. So its a manipulated drop making us all feel that yes its a trap voda is in trouble. Watch how it suddenly starts recovery ONCE them bonds are done.

Voda is raising 3 billion in convertible bonds. They needed a lower price so they make money on the conversion in 3 years.... they do the same Every where there is convertible bonds being raised. Bloody get em over and done with reed!

Velo your charts for past 5 years are useles. It hasn't dropped 35% in past 5 years. Only this year. Best chart to use is 2008. As its doing pretty much that. Ftse down 0.85% great.

You are possibly right....but thats an awful lot of money to be investing on a "feeling" however I am also invested here and do think that most scenarios are in the share price.... but not fully sure what a possible divi cut would do...in many cases when companies of this size have cut the divi the SP has risen Brexit and the politics in Europe are certainly not helping but all the will pass eventually, then we go back to valuing fundamentals at which point this will be sitting much higher, when will that happen? well I haven't a clue but if you can hold for at least medium term I think we will all do fine.....GLA

invested in this share and another 17k tomorrow to invest and thats me out so to speak. I have another 100k, but I'm stopping at 55k on this one. I could be wrong, very wrong, but I just have a feeling that its laughable undervalued and its set for a few blue days. Goodu
luck most of all for those holding for months in the face of unreasonable falls.

PS. Still on me cyclical charts Mrd.

I see VOD has terrible first 3 months of the year past 5 years are 40% probability of those re-occurring (Dec rubbish for VOD too but a fractional small rise not woirth mentioning).

Gains in April and May then back to negative drop in June.

Ooh wait - there's a banker!!!! July! 100% probability of a rise - never fallen! That's a guarantee that is - July can you hang on till then? :) :) :) If not it's only a 2% rise month anyway.

Look it's not a magic bag of bingo numbers I've got here - blame VOD not me :)

Which brings it back to crappy August, crappy September and crappy October.

Best I can do - a guarantee for next July, but only a 2 per cent'er ! Oh well :(

"Feel battered and bruised. They say nov and dec in midterms years is 80% positive in the last 50 yrs lets see"

Okay, Here you are then Mrd, something to potentially cheer you up seeing as you're into cyclical events. :)

VOD is not a cyclical share like say a garden products manufacturer but what I've got is the monthly cyclical SP performances of VOD for each month over the past 5 years. Sometimes hits the mark now and then - but best regarded as for pure fun only.

Both September and October and including August just gone (3 then) are statisticaly negative minus SP growth months for VOD - been true this year so far ha!

What about November coming up next week then?

Well, over the past 5 years November has shown an aggregated 75% probability of a 3% SP gain from Nov 1st to the 30th for the whole month.

Not a lot; and only for fun mind you, but consider 146.6p tonight x 3% = almost 150p You want that, don't you?

THERE do you feel better now? No refunds. No guarantees.:) But statistically verified 75% probabilty of occuring again this November.

Well, the question you gotta ask yourself is, do I feel lucky? Well do you? Those are good odds :)

Velo there was no pattern today other than how you explained it. I was just messing. Im hoping for a bullish engulfing pattern tomorrow. Its been a bad oct. Feel battered and bruised. They say nov and dec in midterms years is 80% positive in the last 50 yrs lets see.

"Velo it was a inverted dow moji means 165 target in nov."

You've got me there Mrd. I was referring to single candlestick. Never heard of such a thing. Is it something of your own design or some combo candlestick pattern or another TA technique?

Never heard of an inverted dow moji. Is it a typo - by moji did you mean a Doji? If so,it wasn't a Doji - That close is not a bullish signal on it's own. It would have to have closed higher, clearly exceeding the open of that previous day's red candle to become a combination pattern of a Bullish Engulfing - that would defo be a bullish signal but it was too short in height to comply.

I'm just not on the same page as you Mrd - you'll have to explain further.

A Dow???

Velo it was a inverted dow moji means 165 target in nov.

We are 5g leaders if it takes off voda will be kings https://www.google.co.uk/amp/s/www.express.co.uk/life-style/science-technology/1036294/Vodafone-5G-network-announced-mobile-data-speeds/amp

I like the shape of the price action close. I think with a fair wind from background markets the SP could put on a good show tomorrow. Wouldn't draw any conclusions from that one blue day, but just look at the price action today. It opened way below Wedensday's close (not good) so a small gap - and then proceeded to drop even lower (argghh) right to 9:30am.

But from then on it climbed away and never re-visited that day's low.

It flucated looking like bad news again by early afternoon, but the bulls heaved it back up, freed from the grasp of the chasing bears up all the way and into close. A v nice rise into the close. Just look at the tail on it (yes I'm talking about candlesticks; sorry) it left a long tail to the bottom indicating the bulls overpowered the bears and from opening down this morning it not only managed to haul itself back up it the start point but just by a smidgen closed a little bit higher than the previous daty's close. So a decent Blue win for the day.

A well behaved day from the market and Indices tomorrow and it's a reasonable expectation to expect another blue day.

150 support vicinity area, is not giving up without a fight it would appear. It may not of course, but I reckon it's in with a decent chance tomorrow.

Long/medium/& short term trends are no way near changing, so small steps as they say.

Thank you Jack and Velo

Vod is ' good value with an imperfect past...the future is also not clear'

Today the White House has ordered a National Spectrum Strategy and task force to lead the way for 5G. Vod must be on the radar and Wall Street will take more of an interest?
https://www.cnet.com/news/trump-reveals-plan-for-5g-wireless-network-strategy/