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Jax, we have warned you before that you should probably cut your losses here and move on if you cannot take the heat. Remember, only invest what you can afford to loose!
G59
''what about the €33.4bn of net debt weighing down its balance sheet? Will this eventually force the dividend to be cut?''
down from 41 Billion the year before
JPMorgan cuts Vodafone price target to 88 (89) pence - 'neutral'
Is so worth it lol
" Figures … Based on the current share price of 68p, Vodafone stock trades on a forward multiple of 7.1 times earnings, delivering an earnings yield of 14.1%. This covers the huge dividend yield of 11.4% a year BUT ONLY by 1.2 times so a dividend cut is a distinct probability driven by future earnings amongst other factors."
Gary
Good points and it suggests that, at present the market is cautious,right now, about VOD achieving those predicted forward earnings and the market is certainly suggesting the dividend needs to be trimmed, especially if any further asset sales would remove revenue and earnings derived from those sale assets.
Clearly though many,many investors have been selling down the shares or you wouldn't have this share price, so you wouldn't expect many to still have high buying prices , and there is also a % of speculators who keep trying to buy the bottom, and selling out again bringing the price down with that churn .....and ..of course right now we have the continued problems in the Red Sea and Germany still suffering from poor economic figures and growing political divisions there, so It is not surprising that there is still a number of Bears and Bulls are currently just sitting it out.
The market does not seem to be expecting any great change in the forthcoming Quarter result in February, given the macro, but further groundwork towards recovery may be detailed, in terms of cost savings
If the CBs cuts start in March and the Red Sea issues calm down then sentiment could turn, but we seem to live in permanent tie-toe and watch the data world
Vod closing Sp 19th Jan
Newsid 70.2p
Tars 73.14p
Bobrad 68p
Exil 71p
Added to list Entries by 12pm Mon Atb
Usual garbage from Porsche I see & Rob needs some re-assurance, well here is my fourpenneth as to the current state here.
Over the last five years Vodafone shares have bled value. They’ve dived by over a fifth in a year and have collapsed by more than half over five years.
What is important now is what might be coming round the corner, either tomorrow or five years from now.
Is VOD a recovery play or a busted flush?
The big question here & now Rob is whether this company is in permanent decline. If it is, then perhaps you should cut your losses by selling? Or do you hold on, hoping that the telecoms group’s recovery works out?
Vodafone shares do look very cheap. But so too does the rest of the European telecoms sector.
Figures … Based on the current share price of 68p, Vodafone stock trades on a forward multiple of 7.1 times earnings, delivering an earnings yield of 14.1%. This covers the huge dividend yield of 11.4% a year BUT ONLY by 1.2 times so a dividend cut is a distinct probability driven by future earnings amongst other factors.
So do you hold your Vodafone shares, believing that MDV can turn the company around all the while earning over 11% a year in dividend income? That’s your decision.
But what if Vodafone continues to be a value trap, destroying wealth for shareholders? And what about the €33.4bn of net debt weighing down its balance sheet? Will this eventually force the dividend to be cut?
My gut instinct if I was holding at a heavy loss would be to hang onto Vodafone stock for now, hoping for the share price to recover but any more bad news & I’d fold.
71p for me please Bob
Hadn’t looked at this debt ridden dogshxt for a while, usual service resumed, it’s debts are horrific and it’s business is in terminal decline, no money in telecoms anymore, assume a capital raise and dividend suspension by summer, bondholders will be getting nervous and they own the company, not shareholders😂 This will be another ftse 10 pc club, ie ten pc of its ATH, about 30p
How bad has it actually been for your robleo? In theory you've 6 years of good dividends to compensate for the falling SP. Not sure if that's enough to give b/e but it can't be that bad can it?
I still think we're going to see 65 or lower and am waiting for those levels before considering an entry.
70.2 please
Maybe a case for averaging down., say if it drops another 10%< but don't put too much in as you may need to average down again further down the line 😮
But be very careful and only risk what you can afford to lose
Are we due news on the Italian division sale this month, Or will MDV screw that up.
I hope it does get to £1 again and more, preferably in the not too distant future. It does seem an absurdly low MC for such a huge company so logically it should rise from here. From the sound of it robleo, you certainly deserve a change of fortune here having endured 6 years of disappointment as a VOD holder. MP's suggestion that it'll be taken over sounds plausible and may happen sooner than we think due to the current low valuation.
Vodafone will get well above 100p in time and it more likely than not it will be the result of a takeover.
Garonne, I agree with most of what you said, but not sure changing the CEO will solve the problems, we need to see some good results from this share
This industry has required expensive infrastructure costs and also this is a very competitive market, and i expect bad management has also contributed to some of the problems
I've been invested here for over 6 years, and every year i have thought it will get better, unfortunately every year it's got worse
Obviously the whole point of risking your capital in the stock market is to try and get a better return than you would get from a bank or building society, unfortunately that's not worked out with this one
Having said all that it takes time for a new CEOs decisions to take effect, getting rid of the dead wood etc
Personally i think the current share price is very low even by Vodafone's standards, and think it would be worth holding to see if it can at least get back to a £1, but i maybe wrong as i have been in the past
what does everyone else think ?
68p pleases
It's clear from the dismal shareprice guesses for Friday's close that investors' expectations are very low for VOD. The company is universally unloved with a BOD who seem incapable of even attempting to improve sentiment. Maybe they'll redeem themselves this week with some great new but somehow I doubt it. The negativity on VOD is becoming entrenched and with Labour likely to win the next election I'd say the 3 tie up is a non starter as Labour will do the bidding of their paymasters, UNITE and block the merger. I have thought about cutting my losses here but it's a difficult strategy to execute!
67 for me please
cheers
Vod closing Sp 12th Jan
*MaryB 83p
73.14 please Monsieur Roofer
Vod closing Sp 19th Jan
Doyen Dan 70p
KiwiTwo 69.56p
FredRubble 69.69p
Jesteh 72p
Roofer 68.25p
List so far Entries by 12pm Mon Atb
72p for me please
70p for me please roofer
69.69 for me please. Many thanks