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Hello fleccy. I am sorry to other posters to drift of the vod subject but FAANG & bitcoin were discussed. Bitcoin started as a ponzi scheme(look it up) The bigger fool theory, however it has turned in to a way to suck in investors by massive non regulated manipulation. Many say the stock market is rigged, but no way as much as crypto currencies are. The difference between the tulip bubble & bitcoin, is that that the tulip was a true ponzi scheme that collapsed, bit coin on the other hand, although it was a ponzi scheme, has been re invented as a way to suck in suckers. The mantra of bitcoin is buy & hold(hodle) as bitcoin fanatics call it, saying you only lose when you sell,but course it is the opposite. It is complicated, but loved by the tech savvy, young. I have tried shorting bitcoin, & won a bit 1st time but then lost more the 2nd time. I think any intelligent person realises bitcoin are basically worthless but that is were the bigger fool theory comes in. I have more vod shares than you(more fool me) & agree with most of what you say. To me the more I read about FAANG etc makes me more confident about vod as a real asset, not a bubble asset.
Sensible call from yourself with average at 154p.
I have been involved in too many shares where falling prices have become permanent loss of value. I have held shares in the belief they will recover only to be disappointed. Examples include BT, CNA, DSGI (now DC), HMSO, LLOY, RBS. Not to mention a couple of shares previously held that have gone up in smoke.
My holdings are no where near your value here. I review any share which falls 10% if it's a short term trade, or 25% of one of my LTH which are usu dividend plays for income. For me there is no guarantee that any share will recover, so I am quite prepared to take a loss and revisit. Sometimes I can get back in a better price, sometimes not.
When I bought LLOY and RBS in 2007, I would have lost over 90% if I held instead of taking losses. Some we win, some we lose and obv in my case I have a natural ability to buy dogs LOL.
Good luck with your invesment, you have a lot more to gain or lose than I do.
Cheers - CSDI
"I have bad prev experience with VOD buying at over £2 in 2018. Got out out at 1.52 and about 1.28 on way down.."
Apart from day traders, the over leveraged and desperate sellers it doesn't matter what the share price does tomorrow. I'm now holding over 60,000 Vod at an average of 154p, but I wouldn't dream of selling any of them at a loss. The market has been pushing down on Telecom stocks as part of a sectoral shakeout in my opinion. At some point the market power players will change the narrative and we'll be hearing and reading about how 5G will change the world, and how telecoms will shape the future, blah blah blah. It just needs patience from long term holders to realise profits in the future.
"So very worrying as it appears to be largely unregulated. I am sure Bitcoin is also another bubble to pop (again)."
Bitcoin is the most confusing and perplexing asset classes i've ever seen. My opinion, for what its worth, is that Bitcoin will go down in history in the same same way the Tulip bubble did. My son works in I.T. and he told me that he and some of his mates made some bitcoin for a laugh in the early days, and discarded them. IMO bitcoin is a classic trap, they dice the bitcoin and offer fractions of a bitcoin to suck in more investment, maintaining the hype and keeping the bubble inflated. Some event will prick the bubble and the Emperors New Clothes will leave investors naked and exposed.
Good evening CSDI, my friend. Should I blame you for the SP pull back then? lol
Well, where the SP will be heading is everyone's guess. Simply no one knows. It will all depend on a lot of circumstances. Going back to £2 is pie in the sky at this moment but not impossible. £1.50-£1.60 will be more realistic and achievable though.
Since now I am deeply under water, I won't be selling it any time soon.
So, come on! Let's bring on tomorrow!!
I have bad prev experience with VOD buying at over £2 in 2018. Got out out at 1.52 and about 1.28 on way down. Decided to come back in with smaller holding to see how it goes this time. Not confident of getting back to £2 so have targtted 150-160 as my exit point. As only half size purchase may add if momentum goes in favour.
Cheers - CSDI
Suprised you do not know what FAANG stocks are. They are why the US indices have gone through the roof. Facebbook, Amazon, Apple, Netflix & Google (now called Alphabet). As UK lacks these digital monsters our market lagging massively.
As for VOD. its 5p loss today, only 25% approx more than the div. The FTSE 100 ex div stocks all gone down today. BATS 65p (div 52); MRW 4.45p (div 4) UU 27p (div 14), so much in line with the market on a typical down ex-div Thursday.
Fingers crossed VOD bounces back soon, but not good Nov/Dec record for last few yrs. Come on .... where is Santa when we need him ?
Cheers - CSDI
HKphooey, good evening. Yup, you better keep your job. Playing with stocks and shares are very risky. There is absolutely no guarantee that you will get rich. Well, at least in my case, hahahaha. I simply have picked too many dog shares, which have cost me a fortune. Although I bought GGP by chance but it's an AIM. I couldn't put too much money on that. Therefore even now I am 1200% in profits but I still unable to cover my other losses....(sad emoji face)
Of course if I did not buy that then I would be much much worse.....
ftseexporer. I've don't know what FAANG stocks are, but if they are anything like bitcoin, then there is nothing ironic about the name Robinhood, Those who believe in bitcoin think they are taking from the rich,& giving to the poor (So ok ironic only in that it is a con & in fact doing the reverse) some young people who are anti establishment , anti government, anti regulation, anti fiat currency,& think that they know it all. The best thing that could happen to bitcoin would be a total collapse,but it's so manipulated by the so called whales dragging in investors, it may keep going unfortunately. Still perhaps this is good for vod, as I presume it would not be classed as a FAANG stock.
mole_man. So can we take it that you have sold all your vod shares & moved on then?
Totally agree about the FAANG stocks - I read an article earlier this week about the advent of the "free" trading platforms....most notably one called Robinhood. The irony is in the title - the millenials are going crazy for it and are spending money they havent got literally betting on these stocks. One 21 year in the US was able to run up losses of $750k and sadly took his life! So very worrying as it appears to be largely unregulated. I am sure Bitcoin is also another bubble to pop (again).
VOD is a graveyard of investors, like me in the past, who collected some div and lost X2 on the capital. Eventually you figure it out. The div is not safe, and yes the cash is better off elsewhere. Long Term.
You do have a tricky period to deal with if the SP goes up beyond the price you cashed out at, but don't worry, it's VOD, it will come down, and hopefully your other investment didn't.
seen_it_done_it : ouch! you win. I'm only down £20000 or so in paper terms but then I've had nearly £10k in divs over the last few years so maybe I should have sold at a loss and re-invested elsewhere to make a quick buck or two. God knows if you had timed it right during covid you could have easily made +100%. I knew (well guessed more like) Barclays was cheap at sub 80p and BT at £1.00 and RR at 62p (bit risky mind)....but didn't have spare cash. Oh well, at least I have a job :)
Hi nuri123a. You are right of course when you say the ftse is lower than 20 years ago, but you are being very selective. If you had bought the the ftse just before the 1987 black friday wall st crash, the biggest % wall st crash of all time, you would have made a 250% profit. If you bought after the crash, a 340% profit. Also in jan 2003 the ftse was 3567. Of course it has had been bad overall. I think the big question is, would you prefer to own shares in an over valued market, or undervalued market? I think the answer is whether you are a seller, or a holder or a buyer. If the later then perhaps an undervalued market is the best option. For short term trading, of course overvalued is better, as long as you bought when they were undervalued & sell when they are overvalued. Sorry if this is all a bit too obvious, but I think worth pointing out. Good luck everybody. Looking a bit undervalued at the moment, so perhaps a blue friday tomorrow.
Vodafone and AST Spacemobile intend to launch a constellation of 20 satellites to beam 4G and 5G to the 49 largest countries in the equatorial regions, including Democratic Republic of Congo Ghana, Mozambique, Kenya, and Tanzania.
The space-based mobile network is expected to be operational by 2023 and will connect standard 4G and 5G smartphones without any need for specialised hardware.
The initial service will target an area North and South of the equator, including rural and remote areas of a number of markets.
Vodafone will integrate the technology into the services provided by its Vodacom, Safaricom and Vodafone brands.
Someone said there that the FTSE has hardly moved in the last 20 years... That's wrong, its actually lower than it was 20 years at the turn of the millennium... it's pretty poor to be honest... and yet solid companies that deliver good profits are still on very low P/E ratios - many times lower than companies in other countries... Also, a lot of shares are well below NAV. Take for example Barclays - NAV is £2.57 and its trading at £1.47. Unbelieveable. Am I the only one who believes virtually every share is below its fair value in the UK. My portfolio is VOD, Aviva, Barclays, Natwest, Lloyds, Microfocus, BP, BT, AIB, Bank of Ireland, Marks and Spencer... I don't buy over-inflated US shares - far too risky and far too overvalued.
Rich TheNewbie. "What's more stupid,being invested & continually being negative on the stock your invested in" Of course you are 100% right. But he/they are too stupid to listen. Of course there are some who have lost money on this share,& are honest enough to admit it, which is completely different. Good luck everybody, it has still been a very good last month or so, so lets hope it continues.
So round about now the drop normally starts again
Telecom stocks will come into their own. 5G IOT, Data collection and related AI will reap massive benefits for Mobile network owners. Throw in urban/Macro/Metro Wifi and bundled services and I see a bright future for all the big operators. The reasoning behind the O2/VM merger is tied in with this converged connected future imo.
Well it's hardly surprising it's lagging the yank indices when they've been artificially inflating their markets for years with printed money and buybacks.
The only thing I can't work out is what's more stupid, being invested and continually being negative on the stock you're invested in and saying there's no hope and no value, or thinking other people will believe the nonsense they write.
The FTSE 100 has barely gone anywhere in the last 20 years.
"British business has been rubbish in the last 20 years."
Not just the UK, look at France, Italy, Spain, etc. What baffles me is the amount of cash aimed at FAANG stocks, a future bubble certain to burst.
Compare that to the performance of the S&P 500, which is up almost 70%, the Nikkei 225 which is up over 50% and the German DAX which is up over 25%, and it’s hard to argue that the FTSE 100 has seen a pretty poor return over the past few years. Since the outcome of that Brexit vote became known, the FTSE 100 has gone pretty much nowhere, despite the fact the pound is around 20% weaker on an exchange rate weighted basis since that
Every penny does matter in the FTSE, because the British business has been rubbish in the last 20 years. Most FTSE 100 companies have been just for trading, not for investing.
One of the most notable trends of the last few years has been how the FTSE 100 index has underperformed relative to its peers. We can assign any number of reasons for this failure to keep up with the likes of the DAX, Nikkei 225 and the S&P 500.
Hi Hkphooey, I'm glad if I can brighten your day. We should all just be able to have a laugh, & stop complaining that's all I'm saying. Good luck, & I think you will will get back to 1.87. No doubt we will hear from the gruesome onesome before long?