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Fleccy I agree with you on that one.
The media are fixated on the % increase which equates to about two quid more a month
I've had a few conversations about Telecom price rises, while out and about, and it doesn't appear on the average persons radar. The Press and every media outlet seem to be making a big thing out of Telecom mid contract price rises, but very few people seem bothered. When I've spoken to people they complain about their Gas and Electricity bills, but hardly a peep about their Telecom bills. Lets be honest, the reason people don't care too much is because Telecoms are pretty cheap in this country; My sim only mobile contract bill comes to around £7 a month and my Broadband bill is around £25 a month, and we also have Sky TV because my wife likes the service. Disregarding the Sky TV subscription, one sim only contract and the Broadband price combined comes to around £32 a month, next to my Gas and Electricity Bill our Telecom bill is insignificant and hardly worth bothering about.
We are quite heavy data users, regularly streaming content via Sky Go, Netflix, Amazon Prime and YouTube, so the Broadband is an essential service for our entertainment as well as more serious uses like finding information and online banking, etc.
The only ones who appear to be moaning about the Telecom mid contract price rises are the media, why is that?
UK mobile and broadband customers face price hikes of 8% as inflation rises
Vodafone is among the providers to pass on in-contract rises, as Which? says increases are ‘unacceptable’
Vodafone has confirmed that it will pass on rises outlined in current contracts, which also means a 7.9% rise this year for about half of its customers. It said those customers could expect an increase of “a few pounds a month”.
A Vodafone spokesperson said: “We know no one likes to see prices rise, but, like all industries, we face inflationary pressures that raise the cost of running and investing in our network.”
://www.theguardian.com/money/2024/jan/17/uk-mobile-broadband-price-inflation-rises-vodafone
Enjoy it while it lasts, bond holders will pull the plug on dividends shortly and demand they are suspended, you don’t think shareholders actually own Vod do you? It’s the creditors who own it. This will be at 45p within a year. Total dog like the rest of ftse 100 U.K. basket case.
During a short spell here seeing it fall from 110 to 100 to 90 to 80 to 70 to 60 whilst still in profit.
All because just 1 divi was collected.
Mole_man. Do you find maths hard? If you re-invest your divi & the sp continues to fall, of course you compound your losses, but if you re-invest your divi & the sp recovers, then you compound your profits, it's not hard!
Keep collecting that divi lol
Last bi annual divi 5% share price slump 12%
They all gonna lose their shirts here...
"Thanks Steve but that Microsoft news yesterday is well and truly in the rear view mirror, and after today’s inflation news Vod is going to drop like a stone."
---
Jax
You are increasingly reminding of this chap 😅😂
https://youtu.be/d7pioagkX5k?si=VStocxFGCsDt4fnP
Everybody to their own and whatever rocks your boat .
Thanks Steve but that Microsoft news yesterday is well and truly in the rear view mirror, and after today’s inflation news Vod is going to drop like a stone.
Jax, I will save you some time googling it as it’s £1.5m
on AI technologies. The average spend was £9,500 per small business, £380,000 per medium business and £1.6 million per large business. annual growth rates of roughly 10% and 16% respectively. In the central scenario, expenditure rises from £16.7 billion to £30.3 billion at a compound annual growth rate of 12.6%.
Jack said “. In AI world it wouldn’t touch the sides”
Since you seem to know and I don’t, what is the average firms pay to invest on average how many firms are investing in this and who??
It will pass.
Fantastic dividend if they keep paying it?
I’ve been in and out of voda for a couple of years now and watched the SP closely.
Bought in again last Friday and on reading yesterday’s RNS, thought I’d luckily timed it perfectly.
Was disappointed with yesterday’s price action but have noticed this is quite common and the real effects can take days to show.
The deal with Microsoft makes sense and proves the business is thinking ahead.
Law2
I think you will find that APPLE shareholders have done very well out of share buybacks over the years as a way of return, as have shareholders of many other companies .
Law2
''In my many years investing, buy backs have never had their intended effect. Been involved in many blue chip companies who’ve engaged in several buy backs and they have never increased the sp as intended.''
You are misguided - they always do as intended, which is to reduce share capital.
Buybacks for cancellation would increase the relative value of each remaining share to what it would have been without the BB and cancellation. However the market determines the value of a business on a daily basis.
Avocet. Are you saying that jax wears a dress, with the the same dress every day, or did you mean dross?
Nice to see Satya Nadella turning up in person to sign the deal over the line, shows this is an important deal for MS
Jax, that is why you should sell up asap and move on to pastures new. It's a waste of your time, and ours, to keep posting the same dress day in and day out, as you do.
If VOD goes down over 5 years, reinvesting your divs in it will compound losses. Divs are not a guaranteed win.
How much you can buy is not linked to the SP. Because you can buy more shares with your £500 than a stock priced at 500p, you have still invested £500.
Maths is hard.
Vod pays that each month on its mammoth debt pile
In the AI world it won’t even touch the sides.
"Yep 150m may as well be zero" What a ridiculous comment.
“At 67p each, I can buy lots of Vodafone shares without spending too much. What’s more, the mobile telecommunications company has one of the highest dividend yields on the FTSE 100, at 11.5%.
Today (16 January), Vodafone and Microsoft signed a 10-year partnership for the provision of AI and cloud services to 300m clients. The $1.5bn deal will improve Vodafone’s customer services while providing Microsoft exposure to the company’s IoT and financial services. With its share price down 28% over the past year, I believe this deal is just what Vodafone needs to turn its fortunes around.
By my calculations, if I buy 5,000 Vodafone shares today and reinvest my dividends, I could accrue £2,840 of profit over five years.”