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So rob. Another vote for you to adjudicate please? Nick Read , Back him, or sack him? Votes in by Friday Please. Just a bit of fun, But the real question who should replace him, &would he want an even bigger salary?
https://www.thisismoney.co.uk/money/markets/article-11042261/Vodafone-investors-urged-vote-against-chief-executives-pay.html
may be of some interest
Evening peeps from the Master of Predictions !
Didn't think I would be collecting ANOTHER gold medal - the trophy room is just too small to cope.
I reckon it's good fun to keep the game going - completely harmless fun - while you all wait for the SP to climb back to previous glory of £2 +
Happy to go for another prediction 130p next Friday if anyone is bothered - esp Rob as the Chief Controller.
Please to see PSN remembering that SPs are allowed to rise as it has been on a one way (Mikey-like) Ski Slope for over 4 months since I first bought.
At least VOD seems to consolidating, preparing for the big push up the hill.
Take care & GLA - C
OakLodge. If your breakeven is 1.40 excluding divi's,you must be in profit including the divi's, as the last 3 years divi's alone come to about 11p, so your break even would be 1.29. Any divi's previous to then is profit,(including divi's). Excluding divi, of course you are losing, as I am. Looks like rob gets the thumbs up though?
Fleccie
£ 140.00 !! Senior moment or bad typo I am afraid. Sorry that I have cost you millions.
Dan. Good summary of most factors explaining VOD's erratic progress. I sympathise if you have been suffering this for 20 years. No, my breakeven figure does not include divi income. Even if I added it in it still wouldn't give me a profit due to capital loss on large holding. Because of the repercussions from the pandemic and the ghastly Russia/Ukraine war we'll probably have to be patient a little while longer.
Robleo
£1.90 is still a stretch but it's pleasing that you are staying optimistic. I think you are right. Companies the size of Vodafone are unlikely to go to the wall and should deliver in the long run when the market as a whole recovers.
Friday predictions - thanks for the admin. Can you put me down for 131.5
Well done csdi .....
1.28 for moi..ty Rob
Can I have a go at 131.1
Ill go 127.85, sorry but nobody in local voda store when i walked past at 15.00hrs on Thursday!!
Rob. I think you should keep doing the Friday close please if you don't mind, as you do a great, unbiased job. I will go 1.32.6 .Have a good weekend. Cheers.
HI Soton, your welcome if it's a bit of fun then very glad to do it, i just thought i would give you guys an option to stop the prediction game for a while, if you were all bored with it, but it looks like quite a few want to continue, so it's back on again
i sold aviva from my sipp before exdiv, as i wasn't happy with the consolidation bit, but retained it in my isa, bought back again recently at 387 for my sipp, so expecting an 8.5 div next year and a good possibility of some nice growth
not sure you will ever convince Dan about the vod management ? but he might be able to convince me if my capital is returned, think everyone will just have to form their own opinion on that one
forgot to post this
Prediction Guesses for 22/07/22
robleo 1.32
mole_man99 1.15
sotonspike 1.40
NewSid 136.7
CSDI 1.30
scratch49 1.27
Fredrubble 130.05
cheapshares 135.1
WM2020 1.28
Houseinthesun 132.7
oaklodge 1.32
ronold 1.30
closing sp 129.02
Hi all....Well done csdi on winning this week getting a bit of a habit with you.....Winning that is...so this week gonna be interesting so i'll go for 134....cheers Rob keep up the good work
Has an after thought.....Sorry Dan but maybe Mikey is right what has Read done since he took over apart from taking a huge salary funded by us shareholders? If you look at what Blanc has done at Aviva since she took over is nothing short of astonishing......
I’ll have a go if that’s ok? I’ll go for £1.345
I’m thinking there will be a relief rally in the markets this week because of the grain deal, although all eyes on the AGM on Tuesday with this one.
First time in 131.20 for Friday finish
Dan csdi, may have to change his name if he carry's on like this, even his psn shares are going up, think Ronald is sunning himself on a Greek island
prediction game, i was going to cancel it for a while or maybe do it once a month or something, as we have been doing it for a while, i was thinking everyone maybe getting a bit bored with it, but i will leave you guys decide, i don't mind either way
was hoping we might have finished a bit higher today, but never mind, nothing exciting happening with any shares at the moment, we just need to get past that 130 for now
cheers all
C.S.D.I. won, Ronald cheated, the same as me, with his late entry.. Come on, C.S.D.I. doesn't win very often, so don't cheat him out of his one moment of glory. Come on Rob, play fair? Thanks for your (although late)! Great effort. Try to be on time next week though??! Joking of course.
It looks like C.S.D.I. has won!?? Must be mistake, I demand a recount. Come on, It is about time me or robleo , (The rulers of this forum after all!!?) won?
Congratulations Guys/Gals
Yes of course Dan, I'm not saying nick reed is doing a bad job, but also i don't have any reason to think he is doing a good job either, remember there is a possibility of 11 percent inflation ahead of us, so we will need the sp to rise for obvious reasons, but let's see what happens in the coming months and fingers crossed it will go in our favour
robleo. Of course there is a possibility that that the management have not been doing a very good job? Possible yes, definite no. We don't know, because are not experts at managing a complex company like vodafone, so why do we make that assumption. Guilty until proved innocent perhaps?? As I have said, there are many other factors involved, so to just do a knee jerk, sack Nick Read is not very helpful, as I am sure you realise?
"Now 8 years later I have a sizeable holding and my breakeven price is £ 140.00"
I know you mean £1.40, £140 per share would give me Vodafone holding of around £11.2 Million, if only lol.
Hi robleo. You say" Mikey sometimes gets shot down for his views,but who knows, he could just be right". I have been trying for years to make some sense of Mikey's views, but all I get is bloody yanks, sack Nick Read, Ski slope moguls, nasty Putin, moan, moan, moan, Etc, Etc. As for mole, of course he may be right, but he explains his reasons, Mikey never has. & probably never will??
Dan, there is of course a possibility that the management have not been doing a very good job, you should also consider that possibility, there is high competition in all types of business, and the the success of any business is quite often down to good or bad management, it's not all black and white we know that, I expect you read that article Mikey posted the other day, but totally dismissed it?, there is a chance that their is some truth in it ? a return of my capital of course could completely change my opinion
Hello OakLodge. Interesting post from you I think. I have been a vod shareholder for over 20years & also bought some at £2.20 & various other prices, but my average excluding divi's is more than yours. Are you including divi's in your average? But back to the point you made recently about unpredictable events effecting the sp, more than bad management, there have been many events that have effected the vod sp, including massive competition from other players, massive increases in licence fees, etc, etc, which were difficult to predict, which (correct me if I am wrong) was your original point? Those who just bang on about bad management, are completely missing the point I feel. If 10 to 20 years ago you could see into the future, (now) seeing everybody plugged in to there mobs all time, your would have bought into vod big time, but we did not realise how tight profit margins would become in this game. There is no point blaming Nick Read all the time, except as a scape goat. He can't control the vod sp, that is down to the market, he can't control unpredictable events & of course fleccy may be right when he says vod is way under undervalued anyway? I wish I had his confidence, but only time will tell?
Oaklodge I have an average of around 1.90, have not averaged down on this one at all, I truly want to believe some of the more optimistic posters on here, but also like to hear alternative views, such as that from mole-man, after 5 years of waiting for a return of my capital, well i will just stay as a neutral on this one for now, Mikey sometimes get's shot down for his views, but who knows, he could just be right
This weeks winners, i think if i have worked it out right is CSDI and Ronold, well done guys, you both finished off on a high on our last one, congratulations both