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Exactly. This is a company that contractually gets paid every 30 days and increases it revenues inclusive of inflation every year, again under contract. No wonder VF is in pretty much every UK pension fund.
"Forward p/E is where the market base the next set of results to be - much much higher"
--
Earnings are always subject to a lot of shenanigans as it can easily be fudged to look good. What you should pay attention to is the FCF. On paper a company can come across as profitable, but no cash coming in. You want good examples, look at Enron, GE, Wirecard etc.
FCF alongside sustained investment into R&D as at times a boost to FCF can be achieved at the expense of R&D cuts. Another is M2M of assets to ensure a true reflection of recorded asset values.
Again, I challenge you to list global companies with similar FCF multiple as vod. Indeed, you will quickly see BP and Shell are other examples where their cash engine monster isn't being valued as it should - The FTSE100 omen and the Brexit gift.
Not entirely sure you’re right there - more like 63
Ther is only so much and so far a company of this size and eanings will be allowed to fall.WATCH THIS SPACE
Jax what will your losses look like at 50p?
Well of course they don’t but their biased words are futile
6s almost inevitable today - 5s around the corner
Vodafone, Three UK Dismiss National Security Concerns in Proposed Merger
Today at 05:59
Vodafone Group (VOD.L) and CK Hutchison's Three UK mobile network do not see any national security risks arising from their proposed merger as they are working in collaboration with the British government to ensure the highest levels of security
Yes TerryMC1....potential investors may be best watching this for a while....what a price...😢
Let’s see what tomorrow brings but the 6s are likely imo
Dividend yield 11% with 1.3x cover.
Book price and fundamentals like P/E clearly comically no longer matter on the FTSE casino and the FCA turns a blind eye to it all....
Forward p/E is where the market base the next set of results to be - much much higher
The title of this thread is ridiculous and so is Vodafone's P/E of around 1.95, the market is having a laugh in my opinion. Although I too am a long term holder, and enjoy the dividend, I believe they should suspend the dividend after the next payment and divert the cash into Buybacks. Telecoms in general are under the cosh, with Vodafone especially affected, and a victim of market games. What I don't like, is the way the market have tools to build large holdings under the radar, with little impact on the price, but companies are subject to strict rules preventing them from buying back their own stock without advising the market in detail first. At the current price it makes sense for Vodafone to buyback large quantities of its own stock, until the price exceeds a certain level, it's a no brainer.
Nobody knows what’s going to happen here or anywhere else.
Your either in our out for your own reasons, it’s that simple.
Simones, If you talk to the long term holders here, I'm one of them but there are others who have been here a lot longer, every year it's said this is undervalued and it will go up next year, but every year it drops lower
It might be 110 by Christmas as you say and i will be pleased as at least i will make some profit on my last 86p top up here, but there are definitely no guarantees with this one this could go either way or stay at these low prices for a long time
IMHO
"It’s very expensive for the amount of debt On a PE ratio of 10. Can see this dropping to a PE ratio of 6."
I haven't bothered working out the P/E myself, but various sites are putting it below 2.
https://finbox.com/LSE:VOD/explorer/pe_ltm/#:~:text=Vodafone's%20p%2Fe%20ratio%20for,March%202022%20at%2040.4x.
https://www.google.com/finance/quote/VOD:LON
https://simplywall.st/stocks/gb/telecom/lse-vod/vodafone-group-shares/valuation
Lol this stake would have been worth €7bn today. Instead the BOD opted for the disastrous Indian stew with the massive bitter after taste and much indigestion.
https://www.ft.com/content/d0182252-8f31-11db-9ba3-0000779e2340
Thanks Mrlong. Fingers crossed 🤞
If this keeps dropping at some point a company will see value and swoop on it .
Your incessant interest in good ole Jax is borderline harassment order Avo
I now worry you may be hiding behind my curtains
No no, it's just I am concerned about you Jax. You spend all day watching the sp because you are losing money on your vod investment and it obvious to see it's not good for your mental health.
The sp collapse makes no sense... reported profit is excellent... especially considering the flat revenue...
Are the numbers in the Fundamentals section correct... ?
2023 2022 2021 2020 2019
Profit for the Period 12,335.00 2,773.00 536.00 (455.00) (7,644.00)
Come on avo it’s all in jest - how many shares do you own and are you down?
Lighten up btw
Vod is a wonderful investment lol
No it is worrying for you Jax because you own Vodafone shares.
Cretin ? Really I've reported you not because I'm particularly upset by your response but that there are many holders of Vodafone significantly underwater I've been there what they want is constructive dialogue not the bullying tactics almost always from fairly recently opened accounts criticising anyone whom does not believe they are about to double there money .. To others I recommend researching short selling .. for transparency I bought an initial tranche into the close today.
Worrying for the 100k employees not me
The market knows something is about to break Vodafold.