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Few more…8447 @ 117.71
GLA
Came from Cable and Wireless many years ago - glad i am out of this now - i think i did 3 share saves and only ended up on the last one because it finished early due to retirement . I worked at head office paddington
Guys...I'm too depressed to care....so, going for Gold, please don't laugh
Closing SP
FredRubble 169.69p ??? / or is it 116.69p meant
CSD1962 123.4p
Robleo 1.22p
Danielh 123.1p
Roofer 118.5p:
Newsid 123.5
Thanglan 222.5 SP before 1st Sept.
https://www.youtube.com/watch?v=xMaE6toi4mk
"Whats the betting we finish on lows of the day - so glad i retired"
I used to work for Vodafone Mikey, what was your role in the company?
Whats the betting we finish on lows of the day - so glad i retired when i did and managed to execute the £1.02 share save at £1.36 - the way its going when it matures on Sep 1st it will be below £1.02 for the rest of the staff
Porsche showing off with his car.
https://www.youtube.com/watch?v=2rxNXu0Abs0&t
weeeeeee all the way down to sub a quid. A pile of debt. Keep shorting guys, get onto ig index and set a .99 exercise. As for lloyds, an even better short, on housing market collapse and bad debts ( bankruptcies now highest since 2008 ) they will be back to .22/28p range. Couple with collapse in sterling, brexit fiasco and political tory basket case perception of U.K. nobody will touch U.K. assets so set your short exercise price on lloyds for .27 June expiry. All house builders ( shares of all now in freefall ) are a banging short too. Not much point chasing dividends to lose two thirds of your capital
"I am surprised the Hungary sale doesn't appear to have gone down very well? Do you think it was a mistake to sell?"
I don't like it when companies I'm invested in shed emerging market assets, it put me off Barclays when they significantly reduced their African business.
I've speculated as to why VOD might be selling their Hungary business, and thought of a few possibilities. Viktor Orban is quite a controversial figure, with the Hungary Government having shades of autocracy, right wing views, and Orban being friendly toward Russia and the Kremlin. After the sale, the Hungarian state will own 49% through Corvinous, with the rest owned by 4iG Nyrt, a Budapest-based IT service company, so it may be that Vodafone were encouraged to sell by the Hungarian state. Even though Hungary is part of the EU, it isn't in the Eurozone and uses the Hungarian Forint as its national currency, so like Turkey presents currency conversion risks especially in an inflationary environment. There are possibly some risks for investments in Hungary, but that is highly speculative and may not be correct.
Even though I have no idea if this is a good decision, or a mistake, I suspect Vodafone had good reason to make this sale at what appears to be a reasonable price in the current macro environment.
Hi fleccy. One of the reasons I come on here, is to read your very optimistic posts, which cheer me up. Whether you are right, I don't know, but with so many negative posts, & as I have no intention of selling my vod shares anytime soon, I just hope your faith isn't blind. I am surprised the Hungary sale doesn't appear to have gone down very well? Do you think it was a mistake to sell?
"Fleccy Im sat in lloyds but not Bt. Banks will eventually get a windfall tax, they will be hit in a couple of years time, just remember to get off the roundabout before then."
I'm not sure that'll happen, the overall Economy is so dependent on Bank lending the Government would be reluctant to reduce their ability to lend to business.
BT, Lloyds, Vodafone are unbelievably cheap in my opinion, and even though recessionary clouds are building I don't see any of them under threat in a recessionary environment. Lloyds will benefit from higher interest rates, BT and Vodafone have the ability to raise prices to compensate for any inflation in their costs. All three pay dividends, which makes them more attractive and something they could cut to protect their finances, should inflation become persistant, and they need to offer more value to customers. People are now so dependent on their phones and broadband, they probably view them as a necessity rather than a luxury; Things like holidays, Air Travel, hospitality, and non essential retail would be the first things to suffer in a persistant inflationary environment, in my opinion.
Thanks rob. I am happy to hold... The L& G divi looks good, never looked at L&G until today, as our back up forum??! I will go 2.60 L&G by Friday. Sorry, wrong forum!
Dan, it's not just vod that's taking a drop right now, my whole portfolio took a knock today and i think there's more to come, don't think we are going to see any big profits for a while, so will just enjoy the dividends as long as they keep coming, and put any selling plans on hold for a while, but you know what another poster would say, events can make a big difference, don't you give up or theirs no chance for the rest of us, things will get better but we may have to wait a bit longer maybe
hopefully a better day tomorrow
good luck
robleo. But, Is he happy though? Answers in by Friday. (But I don't want any below the belt comments) Like, ("sad more like it") So rob, should I buy L&G. ? Why didn't you tell me before? Oh' perhaps you did? but did I listen? I just thought you, like C.S.D.I. were just total losers?? So everybody loves the L&G CEO.. -- As for Nick? -- just me & his mum by the looks of it? Have a good week.
not a good day on the stock market guys, is this the start of what's to come over the winter ? at least there is one happy poster here today ?
Fleccy Im sat in lloyds but not Bt. Banks will eventually get a windfall tax, they will be hit in a couple of years time, just remember to get off the roundabout before then.
Cine paid a dividend back in 2019. Any company can pay a dividend if they can borrow it from the bank.
I gave up trading Vod long term time horizon years ago. Set your exit upon and stick to it. Let the limit be hit say thank you and leave thats what the institutions do with this
Let's see what happens, I was long vod for many many years going back to the £2.50 days, I'm sure we all remember them. Just decided there's more chance of making money with the debt on the other side of the trade. Long term great company, see £2.50 again, no I don't think so.
"No we could be in trouble - finish below £1.20 - more like £1 here we come - its ok though Read has done a great job these last 3 years"
You're only in trouble if you're sitting on a paper loss and desperate to sell. Looking at the 6 month chart it wont be below 120p for very long. I'm getting my Lloyds and BT dividends next month, and still sitting on my Vodafone dividends; Depending on where I see the most value will determine where I top up next month, it could easily be Vodafone.
No we could be in trouble - finish below £1.20 - more like £1 here we come - its ok though Read has done a great job these last 3 years
Just put a big short on these think we are going sub 110 close below 120 should confirm. Don't wanna be long come October
Getting close to US open - sub £1.20 here we come - not a good start to the week
"As for Vodafone buying Mannesman, that was a complete disaster, but that's history long gone."
I believe it was an all share buyout, with Mannesmann shareholders taking just under 50% of the combined entity. At the time, due to the dotcom bubble, Vodafone shares were around £5; Mannesmann shares were probably overvalued at the time too. It's hard to know if the Vodafone /Mannesmann could be described as a disaster, since I believe the merger was based on shares and not cash.
"This is going under a quid and dividend will be cut, theres no money in telecoms ( look at crxp like BT ) but the debt is the killer here. Ftse at less than it was 22 years ago, omFg, this winter the U.K. and indexes are heading back to the 1970’s. Terminal."
Porsche why do you bother posting, if you're so successful at timing your investments after the fact? You should peddle your Walter Mitty nonsense elsewhere, I don't see any substance in anything you've said, and most others probably dismiss your fiction too.
Thank god I unloaded this steaming pile of shxt. I changed the money into usd at 1.42 and bought Tsla at 615, what a trade, up 50 pc on tsla and 15pc on currency as sterling has cratered. Vod now valued at a lot less than its debt and its German buy now looking like the stitch up it was, Liberty took them to the cleaners. This is going under a quid and dividend will be cut, theres no money in telecoms ( look at crxp like BT ) but the debt is the killer here. Ftse at less than it was 22 years ago, omFg, this winter the U.K. and indexes are heading back to the 1970’s. Terminal.