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I reckon at these prices and volumes morgan stanley will complete the buy back within the next week
the target price being 126.75p
vod sp might look reasonable today thats because its had a big fall already. as the market rises or corrects, different shares lead the move on different days. so you get that churn up or down jumping from share to share and it all combines to move the market up or down. you can arguely strongly that if the ft100 falls another few percent vodafone shares will probably not see the biggest hit. you can expect a few other performers to help move the index lower. that doesnt mean vodafone wont fall, it just means its less likely to head the losers list. today the commodity plays are seeing the biggest drop, they are leading, tomorrow it may be something else. or we could bounce back and there will be new leaders. it market churn and is old as the hills. you use these to add or reduce your positions in line with the underlying trend.
Now youve gone and done it - kiss of death
sp fairly resilient given the churn across the pond
the levels i have provided, the ft100 direction will decide where the next base will be. its a mture business so it pays to buy dips and sell rallies whilst maintaining an underlying position given the business isnt going away any time soon.
usually_right
agreed...need to find the next trading range low....then buy and hold towards ex-div day in late June ..test sentiment at that point
Exactly the philosophy I am now following. Spot on.
market is like a bee, it moves from flower to flower. right now you got a miss in some areas of the report and worries about inflation. a few weeks ago you couldnt drag the sp down even on market down days. its all about buying low and selling higher. use the moves of the market to add shares that have got cheaper while selkling shares that get more expensive. invariably this means buying so so news and selling more positive news. always maintain a position while you believe the long term story, so that if the market gets away from you (you wont always getting the cutting and adding spot on), you will still be involved.
"simple fact is Vod is suffering because of lack of roaming." "It also has a large debt - but is paying that down"
With respect Nuri....I would suggest that there is a lot more to do that just get back some roaming revenue ..and its debt payment has been a wafer slice off a pretty big chunk ..a chunk which isn't giving even the returns that the cost of servicing it pays out ..they have sold an asset to pay it down ..it hasn't been paid down via profits
It is clear that the City wants more done and will keep the pressure on Mr Read ... that ROCE has GOT TO IMPROVE
support is now 120-124p. if that breaks you have to look towards pandemic low levels by 113 and 100p. i would be surprised to see those levels but if the market corrects more substantially, then they will mark most shares lower. however you are talking about great levels for the share price in terms of getting involved. i plan to add 120-124 and then again at lower levels if seen. all being well with underlying indicies, the shares should at least fill the gap to 140 before the year is out.
poker, thanks for that, now it makes sense. I think I need a big chart on my wall of all these abbreviations!
Everyone is dwelling on the negatives.... simple fact is Vod is suffering because of lack of roaming. It also has a large debt - but is paying that down. Its sales were down 1.2% in a pandemic that has impacted on most businesses - many more businesses are down in excess of 30-40%... and their share prices are at all time record highs. Little sense to tbe movement downwards.... I see bright times ahead.
Bought £20k vod this morning. Sold £20k aviva. Market reaction to yesterdays results was over the top.
from yesterday's spiel
""It is more that we are growing and we are choosing to invest to grow even faster"
nough said
" If they get a regulated return on capital like BT, then the SP would fly? "
Well they certainly need to resolve the issue ..and yes..it would definitely assist the share price
" our post-tax return ROCE of 3.9% remains below our cost of capital"
The theme of the webcast was about 'the regulator' and the presentation looked liked a human resources performance management framework. I conclude that VOD is negotiating something similar to BT and OFCOM where they get a 10% return over 10 years (bit rusty memory..). If they get a regulated return on capital like BT, then the SP would fly?
Pokerchips. " our post-tax return ROCE of 3.9% remains below our cost of capital" any chance of translating that into plain English? I am all for avoiding a disaster!
It means that the cost of having loans and debts is more than the return they get from what the borrowed money is used for
ROCE = Return Of Capital Employed
I think that is one reason the share price dropped ....
The idea of having £42b debt and paying out dividends when the debt doesn't bring a good enough return for using it ....is something that you cant continue with mid-long term.....
I traded this share recently ..sold out last week as I needed cash elsewhere ..I didnt realise the results were due...
but I wouldnt buy this for the dividend ...I can trade and get the dividend ..
Mikey. Good on you, Just stick to your share options, & bonus's. Leave the buying shares to us mugs??!! Joking of course! £2 at least by year end, unless the MAN WITH THE CURSE, starts buying again. J.O.C.
Pokerchips. " our post-tax return ROCE of 3.9% remains below our cost of capital" any chance of translating that into plain English? I am all for avoiding a disaster!
£1.02 Daniel - and a bonus is being paid so happy with that ??
" our post-tax return ROCE of 3.9% remains below our cost of capital. "
that isn't good...mid-long term with that and it will be a disaster ...needs urgent action to get that sorted
robleo, nobody knows, If they did, there would not be a stock market. If you stick with funds, or trusts, you pay for them to get it wrong instead? But they may get it right more often, but at a cost. I am losing money here, but what part of investing on the stock market is a big risk, don't you lot get? Not you robleo (Amigo) because I am sure you are not that daft? Well I hope your not? Anyway I told my fat wife about your comments, & she was not amused! I am joking of course if you didn't realise that before? Come on you Amigo's It's only money? Don't cry, just laugh, Tomorrow is another day. We need the man with the curse back to come up with something funny here! Come on C.S.DI. We don't blame you for your evil curse, It was just coincidence. All is forgiven. We 3 or 4 Amigo's can get through this? Even Mikey seems quite positive now days? I think he has a share option at £1, correct me Mikey if I am wrong. By the way Mikey, thanks for the inside info before the results?? I am joking of course. What goes down, must come up? or is it the other way around??
Good evening all, very disappointing result here today, lots of number crunching going on here, but does anyone really know, what sp to expect here in 6 months time, and what about the dividend, will it be cut or stay where it is, any thoughts
makes you wonder if individual shares are worth bothering with, or is better to stick with funds and trusts