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No I have shares
I keep telling myself yesterday’s performance is not tomorrows. But it always is with Vod
Some interesting reading and links here for the weekend. The Guardian is suggesting VOD will be making significantly higher gains from the deal than is being promoted.
'Making some very conservative assumptions, we concluded that the Vodafone/Three merger would have the potential to raise average UK mobile bills by £50 to £180 a year – equivalent to sucking up to £12bn out of everyone’s pockets, annually.'
Of course its all academic. In the end, consumers will vote with their feet and concentrate on the network giving the most value. Comparison with the US is biased and should also compare with China, India and Europe at least. A very different perspective emerges when you do that and the merger looks better.
https://www.theguardian.com/commentisfree/2023/jun/16/vodafone-three-merger-disaster-bills'
Jax have you sold your shares yet as you believe it will take decades to get your money back?
VOD is falling -- in a rising market. That is a (very) bearish sign.
Down -2% since the deal was announced, down -40% in the past year alone, and down -85% this century.
VOD is one of the worst-performing major shares in the worldwide history of mankind.
Not Robleo the diplomat it’s Mikey’s ski slope’s post.
Gutter - You are again incorrect & as Robleo states in his post which is in agreement to my own, an interim is different to a final dividend.
This really is basic stuff that you should try to get a grip of.
May I suggest that you don’t post until you are sure what you are saying is correct, it makes you look like an uneducated fool. Need I say more.
'But that merger news really wasn’t newsworthy'
I think it is. Hutch could easily end up buying UK if it gets a fair return on the investment its investments in UK PLC.
A lot of compliance box ticking and feeling the cloth to close
Well at least we’re not bouncing at the 52 week lows
But that merger news really wasn’t newsworthy - jam tomorrow and when I say tomorrow I mean decades. Margarita pizza will be long gone
It is possible for a company to suspend the payment of dividends (ie to decide not to pay them for a time), as a company is not obliged to pay dividends. It is also possible for a company to cancel a dividend (ie not pay a dividend that it had already indicated that it intended to pay), although if and when a company can cancel a dividend will depend on whether it is a final dividend or an interim dividend.
Once a final dividend is declared (ie approved by the shareholders) it becomes a debt that is immediately due from the company to its shareholders, unless the terms of an approving resolution provide for it to be payable at a future date, in which case it becomes a debt due only on that date. Once a final dividend has become a debt due, its payment can be enforced, meaning that the shareholders have a right to sue for that debt, if the dividend is cancelled.
In contrast, the payment of an interim dividend is a decision of the directors and no debt due from the company to its shareholders is created at the time that decision is made, so an interim dividend can be cancelled at any time up to its payment. A shareholder’s right to an interim dividend does not arise until the dividend is actually paid
If you is holding it and it goes ex dividend then you is guaranteed to get that dividend.
Dunno what Gary69 is on about regarding a interim dividend, the interim is also guaranteed to be yours if you are holding the share when it goes ex dividend.
I knows more than you lot think you will discover.
I still hasn't bought any 😊☺️😁
Porsche is getting confused because he's an idiot and a WUM. people shouldn't waste their time with him.
Porsche - Come on don’t be shy, enlighten us as to your understanding.
danielh is quite correct as the next dividend is a Final which is a debt once declared.
My understanding of interim dividends is quite different though.
The payment of an interim dividend is a decision of the directors and no debt due from the company to its shareholders is created at the time that decision is made, so an interim dividend can be cancelled at any time up to its payment. A shareholder’s right to an interim dividend does not arise until the dividend is actually paid.
Porsche perhaps this is where you are getting confused. I think however, that you might just be a total p ratt who does not know the F what you are talking about.
Answer. "Once a divi is declared by a company in can't be revoked except with the consent of the shareholders" as it has become a deb't to the shareholders.
Porsche you are making a fool out of yourself. The divi has already been DECLARED. The is zero chance of it not being paid out and you know this.
There also won't be a capital raise.
Why are you making yourself look like a clown.
Have your meds worn off, care in the community is just not working.
Parrot 🦜🐦🦜🐦🦜🐦🦜🐦🦜🐦🦜🐦🦜🐦 wiv Jim and David
I’ve already spent the August dividend on counselling
According to investopedia, today is triple witching 3rd friday of the quarter.
Quadruple witching refers to the simultaneous expiration of stock index futures, stock index options, stock options, and single stock futures derivatives contracts four times a year.
Quadruple witching has given way to triple witching since single stock futures stopped trading in the U.S. in 2020.
This event occurs once every quarter, on the third Friday of March, June, September, and December.
Trading volume typically surges on triple witching days as traders adjust portfolios and roll some contracts.
Triple witching does not usually cause increased market volatility.
https://www.investopedia.com/terms/q/quadruplewitching.asp#:~:text=Quadruple%20witching%20has%20given%20way%20to%20triple%20witching,third%20Friday%20of%20March%2C%20June%2C%20September%2C%20and%20December.
Dividend unlikely to be paid in aug, I’d expect a statement from management soon, this is being dumped for a reason. A short sub .50p buy in the money long dated puts.
Short term technicals are pointing to a bullish move...
'We are also waiting on E& next 5%.'
Where do they get 5% from at these prices. Must be lots of big sellers c.1.3Bn shares writing off book values?
Oops...LSE no likey the linkey...
There's an article on Reuters re: the merger. Gist of it is:
1) Not guaranteed to complete due to competition and national security.
2) Well over a year to get approval in any event.
3) One unnamed banker put the chance of success @ 50-50.
4) Approval could well come with onerous concessions that undermine the value of the merger.
All boats rise and fall with the tide. Nice dividend 1st week August..
We are also waiting on E& next 5%. Their 14.6% investment says continue current course and speed.
MDV has a few projects to land in this FY and sooner rather than later or the knives are out.
[LINK REMOVED]
A sell off is due in the USA very soon.
The question is will Vodafone do well because of a rotation or will the ski slope resume?