The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
if this the week the 101p is on for the Friday or will I need to raise it higher if it reaches it today?
Anyway for those that added near the recent lows - well done it seems and nice to collect the juicy dividend early Feb.
criminally undervalued so enjoy the ride up. FTSE looks like after 3 attempts if can hold abot 8000.
I think so too, I have a very large amount of legacy VOD shares but recently bought £4K worth at .91p ish which is turning out to be a nice trade/investment...
Vodafone needs to sell of its Australia shares. I think Ghana was going to be sold off. Other than that they can spin off Africa all together. Then maybe one day a big Africa deal will happen to merge Vodacom with orange Africa or something
'The arrival of a serial dealmaker on Vodafone’s shareholder register has prompted analysts and investors to raise their bets on a break-up of the operator’s sprawling business.'
https://www.thetimes.co.uk/article/e1fa7db8-aca6-11ed-9cb3-80326348937b?shareToken=6fde428cf6fc2ef61424542790921c65
Profit taking is tempting but this is game on here, be brave and make even more ;-P
I agree, made a few quid on rise! Yes I think it will go over a pound but not yet.
Knew the entry a few weeks back was a steal. Well done if you also loaded up. Should break £1 in due course. imho. DYOR
Sold out this afternoon, 17,500 shares in two lots one 97.56 other 98.05. Recon they will drop back, no takeover so will be back to 92/93 again.
Roofer. I was joking. It was from hindsight Mary. But ok, if she is your valentine, I will let you off? 1.01 will do me.
Of course I will Doyen Dan , mustn't forget the ladies on this special day , nice one
Vod closing Sp 17th Feb
MaryB 101p
AbjectP ( already listed)
Hi Roofer, Don't forget Mary Bri's 1.01 prediction. I hope she is right though.
It's a CFD
Thank's mehmeh & others for that info.
"Hello fleccy. What is your take on this. mehmeh, thinks Liberty have taken out options"
To be honest I don't know, the RNS shows the full 1.335 Billion shares are held in a financial instrument, but it doesn't state the nature of the instrument. The article, referred to previously, mentioned Non Recourse Financing without disclosing the nature of the financing.
'They can sell the calls at any time and move on'
Yes they can but they are saying c€154Bn assets are undervalued and they are going to wait for it to correct. Its still a bet but telco is his business. US will take note of his opinion
The company said it would fund the deal through derivatives and would only require £225m through equity funding from the group.
It says through derivatives which is probably options.
https://www.theguardian.com/business/2023/feb/13/us-liberty-global-buys-stake-in-vodafone-after-tumultuous-year
If you look at the rns section 8b1 it tells you these are instruments not exercised yet.
The exercise date could be a year away or this Friday. They don’t have to declare that info.
They can sell the calls at any time and move on, or may just expire worthless.
Hello fleccy. What is your take on this. mehmeh, thinks Liberty have taken out options, I have no idea were he gets this info from, have you?
mehmeh. Were did you get the idea that they are options? I thought the shares had been bought outright with the help of 75% borrowed money.
Not sure but they spent 250m to get 1300m worth of shares. I guess the options cost 0.25 cents.
mehmehmeh. So what was the strike price of the calls bought by Liberty?
GQ LONDON, Feb 14 (Reuters) - Shares in Vodafone rose 4% to a 12-week high on Tuesday after Liberty Global bought a near-5% stake, giving it scope to influence deals the British telecoms group is pursuing.
John Malone's Liberty Global, the joint owner of Virgin Media O2, a major rival to Vodafone in Britain, said it was an opportunistic investment. It ruled out making a takeover bid and said it was not seeking a board seat.
Liberty Global's Chief Executive Mike Fries said Vodafone's share price did not reflect the underlying value of the business and its opportunities for consolidation.
How much is Vodafone worth broken up?