George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
What inputs you put in?
Adjusted EPS of 0.0945 (being the euro value / 1.2) with zero growth and 11% returns a SP of 87p.
Simple DCF to get you started can easily return 45p. You have to know what what figures are going in and what they are comparing against. If the investor feels there is no growth and you can get 11% in the S&P, then you need those low prices to make vod worthwhile against the alternative.
If you see negative growth here then the price to buy vod at falls considerably.
You can play with a simple one here, just to try to understand why big money is not piling in for a supposed 11% div.
http://www.moneychimp.com/articles/valuation/dcf.htm
Https://investors.vodafone.com/reports-information/financial-calendar
What date do voda release year end financials??
Also the DCF models use free cash flow, and those parts of the business they are disposing off are free cash flow decretive. So disposing of them theoretically creates more free cash flow.
Alphaspread get a base case of 108.58
https://www.alphaspread.com/security/lse/vod/dcf-valuation/base-case
Value investing get:
"DCF (Growth Exit 5Y) 156.58 - 512.01 269.98 309.6%
DCF (Growth Exit 10Y) 183.54 - 551.49 301.68 357.7%
DCF (EBITDA Exit 5Y) 138.43 - 292.47 198.73 201.5%
DCF (EBITDA Exit 10Y) 173.55 - 374.7 252.18 282.6%"
https://valueinvesting.io/VOD.L/valuation/intrinsic-value
Simplywallst get a fair value of 202p using a DCF model:
https://simplywall.st/stocks/gb/telecom/lse-vod/vodafone-group-shares/valuation
Mole_man, can you post the discounted cash flow figures returning the 45p figure?
I meant, at least try to be constructive.
"Has all the hallmarks of requiring a cash raise. Let us hope not"
What are the hallmarks of a cash raise Buglet?
I'm interested in your analysis causing you to draw that conclusion.
Goronne. So what is the C.E.O. supposed to do? If you don't know, why say it? At least to be constructive.
Hi Dan, I'm not sure any of them want to see us losing money, but of course they are winding everyone up for a laugh, we all know that, the good thing is nothing anyone says here will make the slightest bit of difference to the share price, so just take it with a pinch of salt, the problem is for as long as the share price is dropping they are winning, so let's hope this can turn around so we can be winning, if it's any consolation it's not just Vodafone, since the recent talk of inflation rising again, most shares have been dropping back down, let's see what happens in the coming months, talking it down or up doesn't make any difference whatsoever as you well know, we need to see it actually happening, I don'take anything for granted i'm just hoping for the best here like yourself
best of luck Amigo
Big money use DCF models, and if you plug in the current EPS and zero growth, you get 45p.
I don't think big money has any confidence there is growth here, what with them shrinking the company deliberately.
I used to think all those saying the price will hit the 60’s were talking nonsense. Clearly not. Who is to say that predicting the 50’s or even 40’s is foolish. There has to be a worry if all this “good” news fails to stop the slide. What happens if we get some bad news?
Has all the hallmarks of requiring a cash raise. Let us hope not
Whatever the reason for such a big trade Daniel, I'm becoming increasingly concerned here. The SP is currently down 2.3% on the NASDAQ with no sign of a rebound. The CEO has a duty to at least try to avert such decimation of shareholder value but this does not appear to be happening. The Microsoft deal, whilst interesting, is a jam tomorrow story and has evidently done nothing for the current SP. The fact we haven't heard any rumours of a takeover at this historically low
valuation, is also a bit worrying. I for one would welcome that as things stand.
That's why I hope for you you sold out Jax. I keep accumulating.
Should not have been appointed - the sole reason for the destruction in value since her tenure
She’s been too involved in VODs catastrophic fall from grace for 20 plus years
The market has acted accordingly
Yep and tomorrow we’ll be 2% plus down
Garonne. The answer is probably no. Nothing to do with institutional investors dumping there shares, why would it? A bad finish today though, which is worrying, forget U.T's, they are meaningless, it is just an auction for miss matching of shares on s.e.t.s.
UT trade for nearly 47 million shares at under 66p! I wonder is that of any significance in terms of institutional investors dumping their shares? It's a bit worrying that it was priced at the day's low!
What a shid day, I thought we was climbing out and now back down again 😂🤣
Oh well least it can only go down 66p
The last 66p took just 18 months
Wonder if MDV looks at the sp or just flicks her bean
I still have this moving to 65 or below and have not been tempted to re-enter yet. I will become increasingly interested if we do hit 65
Rob, If someone loses money on the stockmarket it does not make them an idiot. The real idiots are those who invest, but don't accept that they may lose money, & those who come on share forums, just to mock those who are losing money.
Oh, it's real alright Jax and very annoying. If the Q3 results in February are not good, god knows where this will end up! Some folks keep predicting £1 a share but what's going to propel it there? As far as I can see it's full on negative at the minute.