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So £2 is possible then ?, all we need is a miracle and some events, only good events, only joking oaklodge :-) Dan you sarcastic-never lol
OakLodge. Thank you for your comments about me, via Mikey, in response to my comments about you, via Mikey. (Mikey the go between eh)! You may have gathered by now, I have a sarcastic sense of humour, so no offense was meant. If I put L.O.L. after everything I say, I might get away it, but I cant stand the saying L.O.L., Cheers. Not a bad finish today.
Thank you Mikey. But in fairness I also read a lot of common sense and positivity from Dan. Let's all try to get along and wait patiently for Vodafone to give us some returns in the end. Miracles do sometimes happen. Cheers!
Mikey. I didn't say only positive comments are allowed on this board, & never have, as you well know.. I was agreeing with Oaklodge when he implied that a bad share performance is often just down to the unforeseen, which I think is obvious, as opposed to management, (Nick Read for example), or other reasons. Mikey, calm down. I wasn't talking to you.
Oaklodge, thanks for the reply, 50 years is an awful lot of investing experience, and i expect you have learned a lot of lessons from good and bad investments over the years, I'm still paying the price from a couple of poor decisions i have made several years back, but still trying to learn more
best of luck
OakLodge - don’t worry you will get use to Dan’s responses - if you dare say anything he doesnt agree with he lets rip . Only positive thoughts on vodafone are allowed according to him on this board - good luck
Thank you Robleo for kinder response than Dan's No I don't say don't bother because anything could happen otherwise I would have stopped investing decades ago. It's hard to have a strategy coping with eventualities, a chrystal ball would help but I do try to second guess where the dangers might lurk. Best.
Steady on Dan. No it has not taken me 50 years to become aware of the importance of events but I thought it would be worthwhile to make the point because often all that is talked about is financial management, balance sheets etc.
Mole well done mate, that was a good tactic of yours to get everyone talking, a bit of biting and scratching but never mind, it livened it up a bit here, would be great to see this go up to 170 as some predict, but let's wait and see what happens
Im still waiting on deals. Seen spain fall through. Deutche telkom sold there tower to Brookfield. Uk talk talk deal is going on.
And sometimes it is down to bad management - the name Nick Read comes to mind :)
OakLodge. If it has taken you 50 years to work out that unforeseen circumstances have a big affect on stock market prices, (something most people could workout in 5 minutes) then I would just give up if I were you. However, I would agree that a bad performance in not always down to bad management? The name Nick Read comes to mind.
On Cheaps comment
We'll find about the debt refinancing as the first bond is up in September. A cool billion dollars, current coupon 2.5%. You can get 3% on a 2yr US treasury so not sure why you would lend to VOD for less.
Not sure what you mean about Tesla. They have no debt so are ungeared.
Results for Q2 out later tonight. You can see if they managed to handle Shanghai being shut for a month and remain positive. Short term fun. Don't miss the dip buy opp.
"I’ll take the vodafone share price on google today"
Lloyds, BT, BP, Unilever, and possibly others seeing a similar spike. Gremlins!!!
oaklodge, well we have certainly had some events over the last few years, brexit,pandemic,war etc, so what are you saying, don't bother? or do you have a good strategy for getting through these eventful times ?
cheers
I’ll take the vodafone share price on google today :)
"Not sure why it’s nonsense to point out VOD’s refinancing figures. The bonds are all there on the VOD website. You can calculate it yourself.
It’s a point to consider for long term investors. VOD may do well as a company but that debt has the potential to erode earnings improvements.
Just something to consider, long term"
Mole-man
Analysis and balance sheets of course have their place but if there is one thing I have learnt in more than 50 yrs of investing it is that extraneous unforeseen developments have more impact than sound financial management. As McMillan said: 'Events, dear boy, events" Take the the Deepwater Horizon oil spill in 2010 that cost BP more than 60 billion dollars and from which their share price still hasn't recovered. Then there's Petrofac, doing well until they were heavily fined by the SFO following a bribery scandal. Other examples of sudden unanticipated calamities abound. A similar setback could happen to any company at any time and Vodafone would be no exception. There already have been cases of idiots setting fire to mobile phone masts, linking 5G technology to the spread of Covid. If such hysteria were to spread widely then think of what it would do to the share price. For these reasons investing remains a hazardous business regardless of the soundness of a companies accounts.
.
Debt is not likely to cost anymore than it does.
Mole is worried about his highly geared Tesla shares so to soothe his nerves he posts negative tribe here without being invested. Clueless comes to my mind.
There was a time Tesla was going bust…debt is no everything. It’s important but there is also cash flow, valuation, dividend and SENTIMENT. Mole forgets the last most important bit 100% of the time. Facts.
C.S.D.I. I agree. They have the evil Putin to moan about, we just have the evil mole-man, but we all like him really?, & he keeps us in check? We are not Putin free on here yet though, but almost?! Perhaps you spoke to soon?!
Well it has been looking good last few days until that idiot in Russia opened his mouth about slashing our oil supplies - about time he was taken care of.
Not sure why it’s nonsense to point out VOD’s refinancing figures. The bonds are all there on the VOD website. You can calculate it yourself.
It’s a point to consider for long term investors. VOD may do well as a company but that debt has the potential to erode earnings improvements.
Just something to consider, long term.
Don;t know what Mp08 is moaning about.
It's good to have a bit of fun and banter. most other shares chat are full of abuse, rampers, and talk bow-locks most of the time anyway. I used to have some shares in POLY and got really fed up with war-talk proliferating the BB. Of course it is relevant, but the amount of crap posted about Putin and Russia is beyond a joke.
So keep this going please guys, and there's always other more serious threads that can be opened and commented on for those with the knowledge etc.
For long term investors what's the need to constantly chat about any share.
GLA - C
meshtrader, Can you please say who your post is aimed at? I gather it is mole-man ? But it would make life a lot more simple,if you just stated that in the 1st place, because it is not that obvious. Mole-man doesn't always talk nonsense??!!
"Gotta talk about something while VOD holders wait to see if debt has to be refinanced at much higher rates. First up is a billion dollars in Sept at a coupon of 2.5%. Probably have to double that coupon.
About 11 billion euro currently on low coupons has to be refinanced by 2025. They don’t seem able to pay them off so will have to roll them into higher coupon debt."
Just keep posting nonsense. A few months ago I posted that Vod is coming out of a multi year down trend. We are standing at the cusp of a massive reversal. We will be north of 200 within 24 months, unless hell breaks loose in the broader markets.
Vods position as a global telco provider is undisputed and substantially undervalued. And to those who don't see it or won't, repricing of contracts across the board in the next 24 months will bump up the revenues significantly (8-15%). The likes of ericsson locked in low prices in return of long term commitments/investments from vods and its peers and are now suffering lower margins as a result of inflation upticks. So for Vod, limited supplier side inflation and zero-ish on the customer side as prices will be bumped up before long.
That's something i like about you Dan, you say exactly what your thinking without the bull****, pretty good bunch of guys here i think, and everyone seems pleased that the sp is slowly rising, no news is good news sometimes, nothing much happening so the boards go quiet, and thanks Fleccy for answering that question from mole, as i didn't have a clue