If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://shorttracker.co.uk/company/GB00BH4HKS39/
there are no shorts. Whos gonna get burned?
.
With this UAE investments, there will be less shares to go around. To the tune of up to 9.8%
I was moaning about the generally weak ownership structure on FTSE, and UAEs have shown them how this is done. Perhaps the best thing that could have happened to vod.
I trust my recent posts cement and bring home the message i have been conveying - charlatan "brokers/analysts" putting out a claim on behalf of their client(s) to push down prices so they can gobble them up. At least in the case of vod, this seems to have been a rather obvious tactic in the last few weeks.
if this combined with vodacom in africa could be good to roll out MPESA across the continent
Moov – West Africa
In Africa, Etisalat acquired 50% of Atlantique Telecom's shares in April 2005. Based in the Ivory Coast, AT owns mobile operators in Benin, Burkina Faso, Togo, Niger, Central African Republic, Gabon and Côte d'Ivoire. In 2007, Etisalat increased its shares in AT to 70% and again in May 2008, to 82%.
Etisalat Group's brand MOOV operates throughout West Africa, in Benin, Togo, Gabon, Niger, Central Africa, Burkina Faso (as ONATEL) and Côte d'Ivoire, Serving over 50 million people. MOOV covers on average 60% of the populated areas in each of its countries of operations.
looks promising guys, will be interesting to see how the markets react on Monday
UAE’s Etisalat Pays $4.4 Billion for Almost 10% of Vodafone
Etisalat says no plans to make offer for rest of Vodafone
Deal makes Middle East company Vodafone’s biggest investor
ByAnthony Di Paola and Jack Sidders
UAE phone company Etisalat Group said it bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern telecommunications provider seeks to expand globally.
Etisalat Group offered about 130 pence ($1.59 dollars) a share, according to Bloomberg calculations. That’s a premium of about 10% to Vodafone’s 117.82 pence closing price Friday. The purchase makes Etisalat Vodafone’s largest shareholder, ahead of BlackRock Inc., the Vanguard Group Inc., and HSBC Holdings Plc, according to Bloomberg data.
The government-controlled company plans to remain a long-term investor and won’t make an offer for the rest of Vodafone shares, Emirates Telecommunications Group Company PJSC, or e&, as the Abu Dhabi-listed group is formally known, said in a stock exchange statement.
Etisalat Group “made the investment in Vodafone to gain significant exposure to a world leader in connectivity and digital services” and aims to develop opportunities for commercial partnerships, it said.
The purchase comes as Vodafone faces pressure from activist investor Cevian Capital AB, which has called on the telecoms giant to simplify its business and pursue deals to improve returns. The company is in talks to combine its UK operations with rival operator Three UK, owned by CK Hutchison, the Financial Times reported earlier this month.
Read More: Activist Investor Coast Capital Builds Stake in Vodafone (1)
For its part, Etisalat is stepping up deal activity after sitting on the sidelines and focusing on organic growth in recent years. UAE’s largest telecoms player, is also seeking to buy out the rest of its Saudi Arabian unit in a $2.1 billion deal. Etisalat built has a presence in several emerging market countries in Asia and Africa in a previous expansion but had to write downv some of its investments in countries like India.
Etisalat’s stake purchase in Vodafone comes after French billionaire Patrick Drahi accumulated an almost 20% stake in BT Group Plc. Drahi, the president of telecommunications company Altice, has said the BT stake is a financial investment.
Read More:Drahi Tightens Grip on BT’s Future, Raises Stake to 18% (3)
The United Arab Emirates has developed as a business and tourism hub of the Middle East. The Persian Gulf state has parlayed its oil wealth into developing technology and logistics industries
Hi Dan, yes of course i was just pulling your leg about that, don't take any of this too serious what will be will be, but obviously I'm not going to support any ceo when my investment is reducing, but no easy solution to that, just hoping they can make some good decisions to increase the sp, it is a bit disappointing when you see it dropping right down again, so hopefully they can pull something good out of the bag, let's see what happens next week
cheers mate
Thay have signifiant presence in afica. could they merge the units?
Egypt Etisalat Misr
Algeria Etisalat
****stan ptcl, Ufone
Afghanistan Etisalat Afghanistan
Benin Moov
Burkina Faso Moov
Central African Republic Moov
Côte d'Ivoire Moov
Gabon Moov
Mali Sotelma
Mauritania Mauritel
Morocco Maroc Telecom
Niger Moov
Togo Moov
Chad Moov
Surprised BB not buzzing with this other than 2 posts.
https://www.bloomberg.com/news/articles/2022-05-14/uae-s-etisalat-buys-9-8-stake-in-vodafone-for-4-4-billion
Hi robleo, Of course we wont fall out, & I can only assume you are joking when you say Nick is my hero? As I have said many times, who should replace him, no good sacking him,unless he is replaced by someone better? But time to move on from that one, as I not going to get a sensible from anyone on here? Have a good w/end, cheers mate.
Maybe the price was dropped yesterday to help this.
What will happen Monday....?
Have you seen it?
Hi mole, i hope you know i was joking about that bit lol, will be an interesting week if nothing else
I have put absolutely no effort in to crunching numbers, so can tell you that next Friday close is 115p.
well done MSDI AKA CSDI, I realise all the hard work all you winners have put into this, all the research and number crunching etc, and all the stress you must have gone through all week seeing the price go up and down hoping your calculations work out for the Friday
cheers guys, I must try harder myself
Well well well.......last weeks prediction was a complete debacle......1-30 lol thought i was on for a winner with that....never mind onwards and upwards hopefully.....this really is under valued can only see a rise here so gonna have a go at 1-25.....well done csdi you were very close the previous weeks so a well deserved winner....
Evening all
Just come to collect my gold medal award for outstanding guess work, to back up my recent silver medal performances.
There is just so much skill involved in predicting this SP, I am thing of changing my name from CSDI to MSDI (Crap Share Dealing Ideas to Master of Share Dealing Ideas)
So for next week mystic Meg has been approached and unbelievably says we should stick with 117.9 as we begin to put a floor in to support the SP.
GLA VODders
Cheers MSDI (aka CSDI) LOL
Cheers Dan, and fingers crossed for good results that will push the share price up
as for the ceo I have seen the charts since 2018 when your hero took over a 5 year ago, a proper ski slope, creating value for share holders when our investment has lost half it's value? don't make me laugh, anyway I'm sure we won't fall out about our difference of opinion on that one, have a good weekend mate and best of luck
Hi rob. I will go 1.24. & I support this amazing new C.E.O. that New Sid is going to tell us all about, we hope??! As long as it is not rob the builder!
New Sid. So who is this C.E.O. with the potential to turn vodafone around. Many complain Nick Read is well over paid, but I assume if this new C.E.O. is that good he would want even more.
Thank you for your opinions, But not one of you has answered my question, who should replace him. Bob the builder was one suggestion? & as for why am I supporting this guy? because none of you can come up with an alternative apart from Bob the builder. I think that, if to replace Nick Read is the correct thing to do, this kangaroo court forum is probably not the best place to decide it? I will repeat, there are many reasons why vod is underperforming, but sacking Nick Read is unlikely to change that , in my opinion.
Hi Rob and all
My prediction is 1.20 ....
I feel results will be middle of road and won't make 2 hoots to sp ...
NewSid, of course and anyone else the more the merrier, and what matters to me is getting back my lost capital, so anyone who can do that will get my support
cheers