Firering Strategic Minerals: From explorer to producer. 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.
Decided to take some profit first thing from my IAG holding as I thought Covid news coming out of China may spook the airlines again.
Parked another £15K here as I have the feeling we have hit rock bottom and with a reasonable divi coming on Thursday it seems a nice safe place to park it.
It's looking very oversold, just bounced off a key level and has a juicy div lined up, can't resist a tickle! Worst case LTH it and reinvest the Divs into bonds.
How is this a safe place to park money?
I don't know what's going to happen after ex dividing
"How is this a safe place to park money?"
How is it not?
Don't be surprised if you come back to this safe car park to find you've got two flat tyres, a broken windscreen and your stereo has gone!
Moniman………This is not one of those neighbourhoods.
Buy when others are fearful, plus their net revenue and profit is on the rise.
Mole_man……….well if you can show me a safer place please show me. A nice divi with lots of potential for recovery just suits me fine.
how is losing 43% of your capital since Reid took over a "better place"
Yes, you can calculate how many years of holding you need to get your money back in dividends but that is not the point of investing is it.
A 5 year downtrend can hardly be described as safe can it?
Happy to contribute occasionally to the Vodafone investors' support group on here.
91p not long after ex-Div
Exactly correct, astonishing that people here are not concerned.
They are - they're just trying to hold the faith/talk it up - like UFO watchers.
"Two flat tyres, a broken window & your stereo gone". I always suspected moniman lived in a dodgy area?
"Exactly correct, astonishing that people here are not concerned."
What's the point of being concerned? Vodafone isn't at risk of going bust, so the lower the price, the higher the upward buying pressure to resist further drops. Common sense dictates that Vodafone would buy back shares at an ever-increasing rate should the share price drop to really low levels. Imagine if Vodafone dropped to 50p a share, two shares could be purchased for just over £1, so Vodafone could buy Billions of shares per year with free cash flow alone, and it would probably make sense to borrow for buybacks should the price go low enough. For the above reasons, I'm not at all concerned.
It looks like narcus has taken over the head role of the anti Nick Read brigade. Another negative Vodafone employee.
Fleccy says...." isn't at risk of going bust".......try telling that to people who has money in these four companies that were much bigger ...
Lehman Brothers Bankruptcy. Bankruptcy Date: 09/15/2008. Assets: $691 billion. …
Washington Mutual Bankruptcy. Bankruptcy Date: 09/26/2008. Assets: $327.9 …
WorldCom Bankruptcy. Bankruptcy Date: 07/21/2002. Assets: $103.9 billion. …
General Motors Bankruptcy. Bankruptcy Date: 06/01/2009. Assets: $91 billion. …
ADYOR!!!
If I were the next CEO I would raise £30 billion in new money with a discounted rights issues and new float to pay down the debt to more sustainable levels and trim the dividend back to about 4p in total...this would give a new base to the SP of about 50p and the dividend would still be at around 8%....that's my tuppence worth anyway...I'll get back to eating cold porridge in my dodgy Siberian car park.......:-))
Vote for Molotov moniman, to be the new C.E.O. of Vodafone. Votes in by Friday please. Thank's moni for your 2 rubbles worth. Don't call us, we'll call you!
10 out of 10...for the wit....Doyen
Wit for the twits. ..is that in your ****nal
Well i never wont print ****nal
Gunners supporters wont like that
"try telling that to people who has money in these four companies that were much bigger"
moniman, Vodafone isn't a manufacturer like GM; It also isn't a bank like Lehman and Washington mutual, who both failed due to subprime. Worldcom inflated its revenues and was guilty of accounting fraud, which eventually caught up with them, are you comparing Nick Read with Bernie Ebbers?
Not sure why you try and scare holders out of their investment in Vodafone using irrelevant examples. If you want to look at an example of retail shareholders being shafted by vested interest market players, look at Sirius Minerals, fortunately Vodafone's a bit too big to fall victim to the same tactic of removing funding to force a collapse.
The de-ramping appears to be ratcheting up on here, probably means the share price is on cusp of big gains in the near future.
'Gunners supporters wont like that'
morcambe and wise, hrrrmph...****nal
Fleccy is asking how is not a safe place to park money. I would suggest the weak balance sheet exposes VOD to financial risks above comfortable levels should we see a protracted period of tough economic conditions.
A negative altman Z score is quite an achievement and suggests financial difficulties ahead.
Selling off essential assets (towers) to raise cash is not a good sign.
Net debt increased 4bn in the half year. They paid out the same in divs and buybacks. VOD borrows to pay a div and buy back shares. It is basically a ponzi.
It works until the funding tap gets turned off.