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Champion of Champion FredRubble wins again
FredBubble 169.69p / 116.69p
CDS1962 123.4p
Robleo 122p
Danielh 123.1p
Newsid 123.5p
Thaugian 222.5p
Roofer 118.5p
Closing Sp 115.08p (source Iwed)
Well apart from oil sector , market down as a whole not a good time for investors .......
Or it may possibly be roofer ? so well done both, not a good week at all, let's hope we don't get a repeat of it next week
GLA
Roofer. FredRubble went 169.69. after thinking long & hard about it the night before while on the job. I think it was meant as a joke. As in the French for 69.?!
Hi robleo. I vary bad week for me, but I thought I would just like to say hello to my old mate rob, because I thought it might cheer me up. Have a good weekend, see you next week? Roofer was the winner. He just doesn't get Fred's sex mad sense of humour. Lucky Fred I say?
Roofer just take the award, you are the Vodafone top investor this week, Congratulations and keep it up as Fred would say lol
Hi Dan mate. I wish i could say something positive to cheer you up about the shares right now, but the best i can come up with is your not alone, my whole portfolio has taken a kick up the jacksie this week, I have four shares paying out dividends this month and it's staying in the account, i would be afraid to invest it anywhere for a while, and the real squeeze hasn't even started yet, a bit scary really, but let's just ignore all that, nice weather predicted for the bank holiday , have a great time
I've seen it all before guys just ride out the storm & continue taking the dividends.
All will come good but it may take a few months.
This reminds me of a judge in my previous life who was sentencing a man found guilty in his court. The defence barrister stood up & said that his client wasn't a well man & urged the judge to sentence in months instead of years. After listening carefully the judge said "I have listened carefully to what you have said & I take it all on board, after much deliberation your client will go to prison for 300 months, take him down". "But" said the barrister "My client isn't a well man I don't see him finishing this sentence" The Judge retorted " Just tell him to try to serve as much as he can".
Have a great long weekend all.
nice one Gary, as we are on the jokes
A rich man comes home to tell his wife
He lost his every thing in the stock market crash and they need to change their lifestyle.
He says to his wife if you learn how to cook we can fire the chef. She replies with if you learn how to f*ck we can fire the gardener as well.
"I have four shares paying out dividends this month and it's staying in the account, i would be afraid to invest it anywhere for a while, and the real squeeze hasn't even started yet, a bit scary really"
I'm currently sitting on my Vodafone dividends, and awaiting my Lloyds and BT dividends on the 12th September. If the share prices are as low, or lower I'm just going to make a decision and plough the dividends back into shares; I don't see the point of waiting since you can never time the bottom, or the top, anyway. If you think a stock is cheap, and you're confident about the company's future, you might as well top up there and then and hold until you reach your target price, reinvesting further dividends as you receive them.
robleo. That is all very well, but the problem I have is, not only am I the husband, but also the gardener??!!
fleccy. I love your confidence, but? You could be wrong? I for one hope not, but??? I topped up today with vod, but I am a gambler, nothing is certain, apart from death, taxes, & the fact that you, or somebody else has to sell your shares at some time, otherwise they may as well be worthless.
Oh poor you Dan lol, no peace for the wicked hey, you did say to me you needed cheering up
robleo. I should have added, that she still prefers the plumber.
Thanks Fleccy, I always value your opinion, probably is the most stress free way to do it, if only we could tell though when they have finished dropping it would make this game a lot easier
robleo. I think fleccy's point is that it doesn't matter how far the sp drops. That takes super confidence, & for me, unless you know far more than everybody else about the real value of vod shares, is impossible to judge. But as you know, I hope fleccy is right.
Dan, i was planning to top up here if it should reach below 110, think this might be my best hope of getting into profit here, but nobody knows where the bottom will be, it's all a bit of a gamble, would always prefer to see a share rise if possible though
"fleccy. I love your confidence, but? You could be wrong? I for one hope not, but??? I topped up today with vod, but I am a gambler, nothing is certain, apart from death, taxes, & the fact that you, or somebody else has to sell your shares at some time, otherwise they may as well be worthless."
If you'd bought Crypto I'd describe you as a gambler, investing in a safe blue chip stock isn't gambling in my opinion. Stocks are a hedge against inflation, CNBC and Bloomberg guests who recommend moving into cash, do so in the belief that shares will crash and they can get in at a much lower price, but I believe UK stocks have limited downside as most are already undervalued. I'm topping up and will continue to do so as long as I see value. If I was uncertain I'd probably keep taking the dividend cash, and hold my investments at the current level, but as it stands I'm growing my future dividends with every top up, and the gains will be greater if and when my stocks recover in price.
Ultimately I see more risk in cash than stocks, should inflation remain persistently high, time will tell if I'm right.
I guys, I bought in today at 115.7p , can’t believe this price! Can I join your guesstimates for next week. I recon will finish at 1.21.4 next Friday.
Fleccy - “ but as it stands I'm growing my future dividends with every top up” That’s all well & good mate until a company cuts their dividend.
I’m not suggesting VOD will do so but they have masses of debt, if earnings don’t come in because of the economic tidal wave that’s about to hit then a cut is possible. None of us know so the best hedge if you want to stay invested in stocks is to diversify.
Gary59
"That’s all well & good mate until a company cuts their dividend.
I’m not suggesting VOD will do so but they have masses of debt, if earnings don’t come in because of the economic tidal wave that’s about to hit then a cut is possible. None of us know so the best hedge if you want to stay invested in stocks is to diversify."
---
Apologies for the cynicism, but to me the above sounds like; "if I don't eat, I will die".
Have you even bothered to look at the debt schedule for vod? If so, tell me what worries you? Right now you come across as somebody who has never used mortgages or loans.
"That’s all well & good mate until a company cuts their dividend."
I understand what you're saying and you're not wrong in that respect, as I found with my Lloyds and BT shares during the pandemic, but the dividend payouts are a buffer and dividend cuts should be expected under certain circumstances. Growth stocks are the most at risk in recessionary and inflationary periods, they are priced on future growth and projected revenue increases, but any growth goes out of the window when the money taps are turned down or off.
Something else, the market doesn't apply logic to its pricing of stocks which was evident during the pandemic. I added to all my holdings during the pandemic, and brought my average cost per share down for all three; BT was my most memorable, I bought an extra £35,000 worth in two tranches at 106p and 112p. Before the pandemic our annual dividends were around £13,000, with the extra shares we've added during the pandemic we're now on target for dividends of £21,000 for the current financial year. What was the market thinking, pushing BT's price down to under £1 during the pandemic? Telecoms were one of the few resilient sectors during the pandemic, yet the market hammered them more than some badly affected sectors. I think the market treatment of the Telecom sector, during the pandemic, proves that the market is either gaming the sector, or has no idea how to value the stocks. I thought Telecom stocks were cheap before the pandemic, and dirt cheap during and since the pandemic, so I'll just keep steadily adding to my holdings until I no longer see value. I can live with dividend cuts if it protects the companies I'm invested in, as I said dividends grow my holdings in the good times and act as a buffer in downturns; That said, I see Telecoms as one of the most resilient sectors on the planet.
This can easily go below £1... the dividend hasn't been covered for years...
"This can easily go below £1... the dividend hasn't been covered for years..."
Yet, free cashflow is increasing. Funny that, right?
"This can easily go below £1... the dividend hasn't been covered for years..."
As far as I can tell, Vodafone hasn't been under £1 since 1997, why would it go under £1 now? It might have come close during the Pandemic, but it didn't go below £1.
Fleccy
These are arm chair dreamers/traders.
Just noise on these boards and no substance.