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Don't worry, they're planning to foist it onto an unsuspecting Hutchinson. Genius.
Liquidity profile,
Dont forget, half of that is hybrid buybacks
Strong liquidity position
Net cash position = €10.1 billion
Unused facilities = €7.6 billion
Maintain target of 2.5-3.0x leverage
No short-term refinancing requirements
https://investors.vodafone.com/debt-investors/financing-strategy
VG €1.25bn 1.75% EUR 1,250,000,000 25/08/2023
VG €2.0bn 3.1% EUR 2,000,000,000 03/10/2023
VG $2bn 3.75% USD 2,000,000,000 16/01/2024
VG $1bn FRN USD 1,000,000,000 16/01/2024
VG €750m 0.5% EUR 750,000,000 30/01/2024
Huge amount of debt due from JULY 2023 TO JULY 2024. Around 7B euros
VG €1.25bn 1.75% EUR 1,250,000,000 1,250,000,000 25/08/2023
VG €2.0bn 3.1% EUR 2,000,000,000 2,000,000,000 03/10/2023
VG $2bn 3.75% USD 2,000,000,000 2,060,000,000 16/01/2024
VG $1bn FRN USD 1,000,000,000 1,030,000,000 16/01/2024
VG €750m 0.5% EUR 750,000,000 750,000,000 30/01/2024
Huge amount of debt due from JULY 2023 TO JULY 2024. Around 7B euros
O look another price downgrade and we start to slowly drop back of the earlier highs
14th Oct
Exil 102p
Newsid 98.8p
Wayzgoose 97.5p
Faicj 102.5p
Wm2020 98p
Atb
I'll go a straight 102
98.8 for me please. Many thanks
I recon it’s going to be a bad week! Put me down for 97.5p. Hope I’m wrong!
102.5
98p for me.
GLA
14th Oct
Doyen Dan 105.1p
Vodger 107.7p
? Robina 91p
Tradevol 106.25p
Sontonspike 106p
Roofer 99p
List so far
Interesting slarti. I notice Deutsche Bank have VOD as a BUY and target 215p. I will take that, yes please.
Liking the high numbers on Fridays finish.....will have to go with the flow 106 for me thanks
sorry am on wrong board am a Muppet
wrong board muppet
107.7p my prediction
I will go 105.1. please Roofer. Cheers mate.
'Bids are expected as soon as next week and a decision could come next month, according to Bloomberg.'
https://seekingalpha.com/news/3889736-american-tower-weighs-bid-for-vodafones-vantage-towers-stake-bloomberg
Shorting - A lot of folks aren't aware that pension funds are heavily involved in short selling, they regularly lend stock to hedge funds that might short the stock to drive its share price down. This was deemed such a problem that here in the UK the Financial Services Authority (FSA) introduced a disclosure regime for ‘significant’ (0.25%) short positions in companies undertaking rights issues. It's a blooming minefield enabling hedge funds to rake in billions.
Banning it? A great idea but good luck as state pension investors also short sell, yes governments but they like to close their eyes to it.
My dearest Doyen Dan....your barking up the wrong tree there... should be outlawe, these brokers who loan customers shares out , are just doing it for their own ends now im slightly older n wiser , realise its all double bend , now i always check short positions before buying......Atb
De Ramper Roofer. 96.5! I hope you are not shorting these, or I will set Mulder on you?
Yeah, its an exciting phase with regular news and maybe an RNS landing soon. ex div end next month too. Feels like more positives than negatives despite the macro gloom
Mulder. As I said, I don't like short selling, & would be happy if it were illegal, but it is not.
Very good news building across the vod portfolio. Lots of interest and news articles weekly. Brooklands put a value of £15Bn on vantage earlier this year. Happy days!