Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Garonne, I agree with most of what you said, but not sure changing the CEO will solve the problems, we need to see some good results from this share
This industry has required expensive infrastructure costs and also this is a very competitive market, and i expect bad management has also contributed to some of the problems
I've been invested here for over 6 years, and every year i have thought it will get better, unfortunately every year it's got worse
Obviously the whole point of risking your capital in the stock market is to try and get a better return than you would get from a bank or building society, unfortunately that's not worked out with this one
Having said all that it takes time for a new CEOs decisions to take effect, getting rid of the dead wood etc
Personally i think the current share price is very low even by Vodafone's standards, and think it would be worth holding to see if it can at least get back to a £1, but i maybe wrong as i have been in the past
what does everyone else think ?
Vodafone will get well above 100p in time and it more likely than not it will be the result of a takeover.
I hope it does get to £1 again and more, preferably in the not too distant future. It does seem an absurdly low MC for such a huge company so logically it should rise from here. From the sound of it robleo, you certainly deserve a change of fortune here having endured 6 years of disappointment as a VOD holder. MP's suggestion that it'll be taken over sounds plausible and may happen sooner than we think due to the current low valuation.
Maybe a case for averaging down., say if it drops another 10%< but don't put too much in as you may need to average down again further down the line 😮
But be very careful and only risk what you can afford to lose
How bad has it actually been for your robleo? In theory you've 6 years of good dividends to compensate for the falling SP. Not sure if that's enough to give b/e but it can't be that bad can it?
I still think we're going to see 65 or lower and am waiting for those levels before considering an entry.
Hadn’t looked at this debt ridden dogshxt for a while, usual service resumed, it’s debts are horrific and it’s business is in terminal decline, no money in telecoms anymore, assume a capital raise and dividend suspension by summer, bondholders will be getting nervous and they own the company, not shareholders😂 This will be another ftse 10 pc club, ie ten pc of its ATH, about 30p
Usual garbage from Porsche I see & Rob needs some re-assurance, well here is my fourpenneth as to the current state here.
Over the last five years Vodafone shares have bled value. They’ve dived by over a fifth in a year and have collapsed by more than half over five years.
What is important now is what might be coming round the corner, either tomorrow or five years from now.
Is VOD a recovery play or a busted flush?
The big question here & now Rob is whether this company is in permanent decline. If it is, then perhaps you should cut your losses by selling? Or do you hold on, hoping that the telecoms group’s recovery works out?
Vodafone shares do look very cheap. But so too does the rest of the European telecoms sector.
Figures … Based on the current share price of 68p, Vodafone stock trades on a forward multiple of 7.1 times earnings, delivering an earnings yield of 14.1%. This covers the huge dividend yield of 11.4% a year BUT ONLY by 1.2 times so a dividend cut is a distinct probability driven by future earnings amongst other factors.
So do you hold your Vodafone shares, believing that MDV can turn the company around all the while earning over 11% a year in dividend income? That’s your decision.
But what if Vodafone continues to be a value trap, destroying wealth for shareholders? And what about the €33.4bn of net debt weighing down its balance sheet? Will this eventually force the dividend to be cut?
My gut instinct if I was holding at a heavy loss would be to hang onto Vodafone stock for now, hoping for the share price to recover but any more bad news & I’d fold.
" Figures … Based on the current share price of 68p, Vodafone stock trades on a forward multiple of 7.1 times earnings, delivering an earnings yield of 14.1%. This covers the huge dividend yield of 11.4% a year BUT ONLY by 1.2 times so a dividend cut is a distinct probability driven by future earnings amongst other factors."
Gary
Good points and it suggests that, at present the market is cautious,right now, about VOD achieving those predicted forward earnings and the market is certainly suggesting the dividend needs to be trimmed, especially if any further asset sales would remove revenue and earnings derived from those sale assets.
Clearly though many,many investors have been selling down the shares or you wouldn't have this share price, so you wouldn't expect many to still have high buying prices , and there is also a % of speculators who keep trying to buy the bottom, and selling out again bringing the price down with that churn .....and ..of course right now we have the continued problems in the Red Sea and Germany still suffering from poor economic figures and growing political divisions there, so It is not surprising that there is still a number of Bears and Bulls are currently just sitting it out.
The market does not seem to be expecting any great change in the forthcoming Quarter result in February, given the macro, but further groundwork towards recovery may be detailed, in terms of cost savings
If the CBs cuts start in March and the Red Sea issues calm down then sentiment could turn, but we seem to live in permanent tie-toe and watch the data world
G59
''what about the €33.4bn of net debt weighing down its balance sheet? Will this eventually force the dividend to be cut?''
down from 41 Billion the year before
Thanks for your feed back guys, it's always good to get other opinions, some mixed feelings as expected, of course nobody knows what's around the corner, especially with everything that's going on in the World right now, if it was that simple we could all be very rich, but i think most are of the opinion it's best to sit tight and hopefully we will see an increase from this current share price in the not too distant future
we had a nice little Bull run with most shares before Christmas on the talk of lower inflation and interest rates, hopefully we will get a bit more of the same
Stupmy, well it is a good dividend if you've bought in at these current prices, but remember for many longer term holders the dividend maybe around 4 % yield depending on what they price bought in
Hi rob. A 4% yield is not too bad, not far short of some annuity rates where your investment is guaranteed to go to zero, but of course vod has been a bad investment in the past, so time to except that, & move on.
Yes Dan, it's been accepted by myself, but you can't ignore which direction this has gone up until now, that's what we have been discussing, is whether we all think enough is being done to make this change direction, don't just take it for granted that it will go up just because you are thinking positive, you have to consider all options, that's what these boards are for, so people can give their opinions, as i said earlier, personally i think this is a very low price and think it can improve, and was asking what others are thinking
Hi rob. Yeh, My opinion is, it could go up, or could go down. I don't know, so I will hold. Nobody on here knows. If they did, they would be far too rich to waste there time, posting on this forum. The price is very low, I agree, so I think it should go up, but if the market says otherwise, who knows? If you want the premium service, you have to pay extra! Have a good one Amigo.
Hi Dan, well i'm definitely no expert, but like everyone else i'm always trying to improve, my funds i'm not concerned about because they are all in profit, the shares are a bit more tricky, i have some that are doing well, i have some others that are ok but could be better, then i have a couple that i keep asking myself w.t.f am i going to do with them
There are a lot of investors here that are a lot more experienced than myself, it's just about sharing opinions and quite often picking up tips from others
we don't always agree, but that doesn't matter
best of luck mate