Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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.
Garonne, was not advice of course, just my own personal thoughts and hopes which i often get wrong, but thanks anyway my lgen shares had some disappointing results yesterday and share price dropped and my aviva shares had good results today and rose, it's some you win some you lose at the moment, hopefully inflation and int. rates will drop and give everything a dose of steroids
good luck
BTW Avocet, are you saying Vod is a lemon?
Tipped to double by JP Morgan and Barclays, Avocet but brokers can be wrong of course.
Why did you buy pru when it has been declining steadily for 12 months? It looks no better if not worse than Vodafone.
I think you bought another lemon there Garonne.
Thanks for the kind advice robleo. It is frustrating holding here I must confess but I know as sure as eggs is eggs, if I sell, it'll shoot up! I've been caught that way so often. I'm glad your international investments are performing well for you to compensate for your Vod holding. I bought some PRU recently, which has been very volatile but I've got high hopes for it to be a decent recovery play. Fingers crossed that you get your 90p here soon and If it does manage that, I'll be joining you in selling a decent percentage of my holding. In any case, good luck with your investments robleo.
Quick comparison vs sector
DTAG - 110B market cap (22x) 120B debt
TEF - 22B market cap (14x) 32B debt
ORA - 28B market cap (12x) 46B debt
So lets not get carried away - its another indebted telco but its not going bust.
Good you don't know what you are talking about. If you did, you would have mentioned the assets against which to balance liabilities.
$24B market cap
$53B in debt
Loosing market share
Cant afford 5G on its own
Borrows money to pay dividend
looks distressed and mismanaged to me
Fusion98
-------------------------
but Vodafone isn't a distressed company
Garonne, stay cool mate only you can decide whether you think this is worth holding onto or not, it's very easy to get influenced by other posters, nothing is going to happen here overnight that's for sure, maybe in a few months time things maybe looking better, personally i'm hoping this can get up to around 90p so i can sell some off, will that happen i just don't know, i'm just hoping it will, it is at a very low price at the moment so i'm betting there's more chance of it going up rather than down, more fool me perhaps, we will see
I've been getting around 80% growth on my international funds over the last 5 years, with my shares some are in profit and some are in loss, i know which direction i'm planning on going, but first i need to get shot of some of my disappointing shares, don't want to take any more loss on them than i have to though
Fair play to you Avocet for backing VOD. When do you see it recovering? I assume you believe it will otherwise you wouldn't keep adding.
Avocet123, out of interest, what else are you invested in and how does this compare with your other investments
Garonne, who says I am not invested in RR.?
But its not me who is lamenting about the VOD sp day by day. Its you!
I have not sold VOD because I strongly believe in the investment case, unlike you. I have no reason to sell, to the contrary I tend to add on weakness.
You're right there Avocet. Why didn't you do that? Vod is certainly one very poor investment. Maybe next time it gets to 70p, I'll bail. If there is a next time!
Garonne, if only you would have sold VOD and bought RR. when you first started harping on about it, you would have been sitting on a handsome profit by now.
Maybe its not too late!
It's got absolutely no legs. Every time it tries to rise it just gets sold into. We need some good news to get this heading north. Come on Margherita!
Anyway, back to today's action. Vod back to 70p but seems to be stuck there. Please Mr. Market, don't drop this back to the 60s as I'm getting sick looking at the number 6 unless it's preceded by a 7, 8 or 9!
But there's also the very unscientific law of chance, aptly named Sod's law, which dictates that if you sell a company its shares will go up and the company you buy into's shares will go down! I've been punished by it lots of times, including when I bought in here!
I would say the chance of the Conservatives being in power this time next year is probably less than 10%. It would take a major political meltdown across all the other parties for me to change that view. I'm not going off the poll's, I'm just going off conversations I've had while out and about; Over the last couple of months I've not spoken to anyone who's said they're voting Conservative and someone I know who was a Conservative party member, previously volunteering to do leaflet drops, say they aren't voting Conservative this time around either.
Sunk cost fallacy!
2 shares both value at £1
One share you don't think will move, the other you believe will double. Which share would you put your money in? So why stick in a share with no upside potential just because you are scared of booking a loss, when you could be using that money elsewhere to make money.
Ok then. Let's put it this way. If you keep losing money on investments you'll end up with less money and potentially significantly less!
P&L Performance does not indicate liquidity (eg recognising a paper loss does not lead to bankruptcy) Cash flow is king. There is some correlation between P&L and cash flow, but your reference is wrong. recognising a loss on a P&L doesn't lead to bankruptcy.
Don't rest your case yet, Avocet. If investors only invested in perfect companies there wouldn't be a market. You've got to take chances sometimes and it's alright to be invested in a company that might not be performing as long as said performance improves. Selling and crystallising losses, if done repeatedly, is a sure fire way to bankruptcy. Maybe you should look for a bulletin board that doesn't permit any dissenting views.
Flec
''The Conservatives wont be in power next year''
that depends on the voters of the UK - should never underestimate how views can change and how quickly
Flec
''but Vodafone isn't a distressed company so any realistic bid would have to be much higher than £1.''
at least £2