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Unfortunately, with no news or further"rumours" this is likely to drift back down. Such a disappointment after hope returned for many shareholders that they were about to retrieve their losses. There can't be many shareholders here who aren't underwater and dreaming of a change in fortune, which so far is proving elusive.
Get the violins out .
Garonne, you should be investing over years, not weeks or months. Switch off, don't look at the sp for a few years.
Or if you don't believe in your investment in vod anymore sell up.
A few years Avocet! Lol. We could all be dead.
Maybe we could start our own rumour.
Didn't somebody say recently that Elon Musk was trying to buy VOD to compliment his Starlink business!!
Average, most Fi will advise you to be prepared to be invested in a share for around 5 years, what they can't tell you is which 5 years or what share, anyone that's been invested here over the last 5 years will have lost a lot of money and the problem is, we don't know for sure what the next 5 years will be like, it's all a bit of a gamble and that's upto everyone to decide for themselves
That should have said aveo, most financial advisors would, dam predictive text will have to disable it
I get your drift but my point is some here are far too concerned about miniscule daily and weekly fluctuations.
If you believe in your investment here, stick with it, if you have re-evaluated and do t believe in it anymore, sell up. But don't stcik with it and then moan about it.
You're very critical Avocet. Folks can say what they want about the company they're invested in. If they're p****d off at its performance, there's nothing wrong with saying so. BOD's and CEO's can be legitimately criticised when a company is not performing. You need to stop telling people to sell. It's not your business nor are you the board censor.
Garonne, is it stupid to cling on to shares which you think have bad management and which are not performing. Yes it is. I rest my case.
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.
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.
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!
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.
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!
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!
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!
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!
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, 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.
Avocet123, out of interest, what else are you invested in and how does this compare with your other investments
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.
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
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.
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.