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Compound. What did you mean when you said that the price was being walked up? An example of a walked up price would be when you walk up to a hotel reception, & pay the full price for a room, instead of pre booking at a discount.
Always a top sign when a director buys into their company.
Margherita Valle Vodafone's CFO (Chief Financial Officer I think) just paid £118.76 for another 108,702 shares bringing her total holding to 6,433,933 shares (slightly more than I hold)
At todays SP Margherita has gained just over 14K but something tells me she wouldn't bend over in the street to pick that up. Still another positive sign this. GL All
@Fleecy
A tough question, but having 10% less shares floating around helps. Add to that the multi-year bashing of telco stocks for no reason other than unicorns were perceived to offer better "value". As we can see, however, the chickens are coming to roost.
Nobody in the mainstream media has the guts to say it as it is, that a significant number of Nasdaq listed tickers are and have been crashing. What does crashing means to me? securities that drop more than 50% in a short time frame.
Yeah I stand corrected - when I said last time I meant the rise in mid Feb which hit 132 then broke out to an intraday 141/142 which it couldn't hold. Maybe it will get there (141/142) again - I'm certainly surprised VOD is doing much better than I expected this year to date and revenues will be up on next comparisons. I expect selling pressure around 130s but could break out higher again. No crystal balls here either.
its all about the dividend....investors of all sizes piling in...I'm out at 131.5.....4 days sheesh....thats been a great ride but then Voda like BP are fantastic trading shares especially around ex div time...good luck
At the risk of sounding very unpopular, there are are a lot of risks at this price considering the recent price action. I said the other day that the price action was odd as it's very unusual to see such a big rise on average volume. Looking at my IG charts, it shows some big selling at around 3pm yesterday. That does support one of my guesses that the price was being walked up pre div in preparation for a short attack, or for someone who wanted to dump shares. Tbh I don't fully trust the volume indicator on IG so you might want to cross check that information.
The last time it touched 132p was back in Mid April and then it retraced to 115p.
I know it goes ex div on Weds and selling before then would mean you miss the dividend, but we are at the top of a short term trading range over the last few weeks, and aren't that far away from the top of a long term trading range of 141/142.
Ex div drops can be very overdone on VOD, especially when the SP is towards or at the top of trading range.
I'm sorry I don't have a crystal ball to tell you exactly where and when the SP is going, these are just a few points to consider, especially if you need to sell some in the short term.
Last time it touched 132p it went on quite quickly to 141p ... and back then we didn't have UAE investing a huge chunk. With inflation eroding cash it's good to have a few high yielders in the portfolio.
Currently over 131p, VOD's flying at the moment.
I reckon 1.30 + open tomorrow? Can we have a big pre jubilee rise for the Queen? A very large vodafone shareholder I am told??
robleo. Although selling before ex divi may be wise, you make a very ironic point. The reason the drop after ex divi is usually more than the divi is because more sell after the divi, (divi hunters) than before, just think about it? It's not rocket science? If a lot sell before ex divi, the sp should fall before the divi not afterwards, but of course we shall see? Come on soton, we can do it? T.V.I.Fridays. Thank Vod It's Friday, in 3 days..
Well i expect a lot will sell out just before exdiv and take the higher share price, as the drop after exdiv is usually more than the div
The Trotsky. Well we all know that Bitcoin is worthless, as for for tesla, just over priced? Vod though? That is the question? I think we may find out on ex divi day, when many divi hunters just bail out. The divi is not a freebee.
Recommending tesla shares are a buy here and basically sell vod is pretty stupid.
Vod is at an inflection point - GS thinks that too. 5G is being set in and that may well mean better deals for VOD and also lower costs will less 5G mast being installed - although I'm sure that cost is still significant for awhile.
But buying tesla at a PE of some 10000 and selling a 6-7% yield is short sighted as E& would agree...
please feel free to lob your money are overpriced american tech. It is quite rich to hear such tribe here but I do understant that if you look in the past.
I thought we should be looking ahead????
Neither ;-) I hold VOD more in hope than expectation.
Good thing Tesla has got $20bn of cash; at least it can afford to write off it's $2bn investment in bitcoin ;-)
Tesla is run as Musk's own private fiefdom and I wouldn't be wholly surprised to find Tesla investing in Twitter or in more bitcoin to prop their prices. Tesla should be returning a slug of that cash to shareholders rather than wasting it on Musk's little fancies. He's more than welcome to invest his own money but I'd be seriously unimpressed if I was a shareholder.
It's been a couple of good days here for us long suffering vodders....if it keeps this up might even break the 140 come Friday....hope i haven't just given it the kiss of death....
"TSLA have so much cash coming in they built 2 mega factories and still increased the cash balance to $20bn and have negative net debt."
With a P/E of around 90, and the fact they don't pay dividends, I wouldn't consider Tesla at the current valuation. There's no doubt they're currently the King of the EV world, but the competition are now gearing up, and heavily investing in EV. Tesla's share price can only go one way in my opinion.
So you are happy being long of Tesla @ $1100 because the divi is well covered? And assume you have been averaging down in Tesla for the §550 drop?
So how many TSLA shares have you bought then mole?
Vodafone still can't cover it's div. TSLA have so much cash coming in they built 2 mega factories and still increased the cash balance to $20bn and have negative net debt. I know which I want to be in from here.
The price dump you have spotted is a buying opportunity to get in on the greatest investing story of the next 10 years. The bots are coming!
Fleccy. You say "why isn't the share price £2 using that argument" I used the figure of 1.30 because it is rumoured that is what Etisalat paid for vod shares. If they had paid £2, then perhaps the sp should be £2, but they didn't. One day perhaps?
Who was it who suggested holders of VOD were mugs and should switch into Tesla ? VOD were about 120p and Tesla $1100 at the time.
Usual price action ahead of going x-div . Look at the daily SP chart for May 2020 & 2021, plus a lot of selling pressure removed by the buyer of 10% of issued share capital. I would like to see the price back to 142p , but I am a long term holder so not a seller.
"Hello fleccy. Surely the question is why didn't the sp climb towards 1.30 on the Monday,after the Etisalat announcement"
I get where you're coming from, but why isn't the share price £2 using that argument? Funny that dividend stocks, popular with retail invetors, have been hammered for years. The big players may have their own battles, but there's nothing to suggest they wont join forces to attack retail, and make money at the same time. If you look at Telecom stocks, you've got Telecom Itallia/KKR, BT/Drahi, VOD/Etisalat, and others, it's unlikely that these events would have occured if the sector was fairly valued. I think stock valuations are Engineered, with the big players having more than enough tools to send a stock, or sector, in any direction they wish. Since stock prices are set On Exchange, and Off Book prices are set by the On Exchange price, it wouldn't be difficult for big vested interests to drive the price On Exchange, while making big deals Off Exchange; Throw in Derivatives, CFD's, CDO's, and whatever else may be in their armoury, the big market players control the markets in my opinion.
Cheapsharesboy. Well said, not a moaner in sight. No doubt they will be back though. The £2 shop will do me. One day!?
Hello fleccy. Surely the question is why didn't the sp climb towards 1.30 on the Monday,after the Etisalat announcement, as many on here predicted? Perhaps it needed to be thought about for a while, & also are investors starting to think that Nick Read is the right man for the job after all ? I certainly hope so. Some more stake building going on as well perhaps?