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Its potentially 18 months away and needs to go through regulatory hurdles. So no surprise the initial spike is "low". But as appetite to buy in on the journey grows I think we'll start to see a steady recovery to 80+
The way american stocks have been pumping on bull crap ai news.... Anything can happen. But i meant double in the short-medium term.
Bought at 75.15 and its struggling to hold - thought this news would make it fly up a lot more tbh. Vod/Three merger will make it the biggest vendor in the UK.
Double! No chance. Merger sounds like good news but suspect after sp surge (splutter) it will loose momentum.
I’ve bought in at 73p with intention of long term hold.
First time ever i managed to buy right before the news... What a random buy... I hope it doubles from here so I can recover my losses i made on the stock market...
Great news... Should be rocketing up...
End of 2024 though is some wait, then a wait for the synergies to be realised. At least it will change the SP momentum. Perhaps spur E& to increase there shareholding
VOD / THREE merger confirmed
RNS out - its official a merger with three
Wow it's spiking up .. any news?
Added at this stupidly low price....
Porsche
Ckuf off mate, there's a good girl.
Should be in the 60’s soon, this isn’t being shorted now, it’s just being dumped. Lease liabilities now worthless due to commercial property collapse, all those empty vodafone shops, so that’s another 12b of debt on top of what it already had. As soon as bondholders ask for a capital raise to reduce debt and dividend payout cancellation should be sub .50p, the collapse happening even faster than I thought. The whole ftse now held up by 5 shares, when they roll over ( 4 of them cyclical ) index will be back to 5400, short and trade U.K., it’s not investable, even the brexit ‘tards understand that.
"It’s my belief that both Voda and BT will both need huge capital raises further down the road, to remain in existence."
We're all entitled to our opinion, no matter how ridiculous it may be. Personally I view my analysis as reasoned and well thought out.
BATs and IMB dividend same story before it recovered, although now falling back. How can you argue the cost of equity should be lower than the cost of debt. Also VOD debt is c3% service cost.
Its a good sign to see Toff posting as he turns up at the bottom imho
You know you can' take the PE ratio righ now? It's a PE ratio heavily effected by a one-off transaction. The forward PE ratio is more like 9 which whilst low, it doesn't really scream massively undervalued. Unfortunately, we have a Low return on capital employed, so whilst the Market value vs Book value looks really low, if we aren't then sweating those assets well enough (eg a good ROCE) then the earning will be low hence the "OK" looking forward P/E.
Cracking post from TA1
Fleecy
‘I would think there's a limit to how far the market can push the price down from here.”
Yes and as with any other share that limit is zero.
Last time I checked (about 12 months ago) Voda was saddled with over €40 billion of debt. As the shareprice tumbles the ratio between market capital/debt increases. In the long term that is unsustainable. Cut throat competition and wafer thin profit margins adds to the sector’s woes.
It’s my belief that both Voda and BT will both need huge capital raises further down the road, to remain in existence. So all those dividends you’ve reaped will be paid back with interest in order to retain your slice of these companies. It bewilders me to think that Voda continues to pay out unaffordable dividends which aren’t covered by earnings. Effectively they are borrowing even more money to pay dividends and digging themselves deeper into a debt hole, from which there could be no return.
In my opinion Vodafone could fold, go bankrupt - followed by a fire sale of its assets to pay off its creditors. There’re clues in the shareprice Fleecy - and Vodafone is being priced to fail.
Now around 2, clearly Vodafone is undervalued.
I would think there's a limit to how far the market can push the price down from here. The share price isn't important to Vodafone's finances, as they clearly don't need to sell stock to raise capital, so the price will have to turn at some point. The Telecom sector has been underperforming for a number of years and Vodafone has been particularly affected by the negative narrative directed at the sector. From a retail perspective I have a large holding in Vodafone and no intention of selling, so I wont be falling victim to the market's games. In my opinion, Telecom stocks will eventually climb out of the hole the market's thrown them into.
Please elaborate how have you hedged your bet?
Jax, with all your negative predictions I think you should sell up. Looks like you think you will be wiped out.