Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Need you say anything at all?
Need I say more?
CEO should be measured on business performance not the share price. If they manage to generate the £3.3Bn FCF and reduce debt in the second half then she will have earned her crust.
IMHO the turnaround here lies in the second of the corporate priorities, simplicity. A simplified business focused on core markets and offerings should be simpler for investors to understand and management to operate. If they can divest the difficult market positions and use cash generated to reduce debt then all good. Spain next, would be nice to see that sold and the money used to pay down debt.
Honestly just the African payments company should be worth as much as Vodafone's current entire MCAP. This is quite undervalued at this point and hopefully leadership can be bold in its pursue to unlock that value.
90p target!
Cash out and buy Lloyds. You will get your money back.
I topped up this morning too, 28,275 shares at 70.3432p. I'd been hanging on for it to dip below 70p, but was in a rush to get out so thought F'k it. The top decision had nothing to do with the dividend yield, it was purely about bringing down the average cost per share, it reduced the average by 19p a share.
Top up in let’s see what this dog can do.
"she's had her chance, she was cfo for years at vod. i do agree shes only there because no one else wanted the job. either way **** me she's really ****ed up. wait for the div cut which is coming for sure"
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You really underestimate her skills and leadership style. This is not a quick turn around. More like a tanker trying to turn things around, which is exactly what she is doing.
A lot of people on here have never run their own businesses or taken any significant risks, yet they have a lot of opinions without the experience or knowledge to back it up!
You don't like this share, get off and all the best.
she's had her chance, she was cfo for years at vod. i do agree shes only there because no one else wanted the job. either way **** me she's really ****ed up. wait for the div cut which is coming for sure
And how would that help dave? Who is going to put their hand up to be CEO of a sh*t company , as you put it and risk their reputation and career? We've tried this with prime ministers since brexit and it has'nt worked. At least lizz Truss spoke the truth and had a plan. What she didn't gauge was just how much were at the mercy of our creditors! We need to give Margarita time rather than change, change, change. Does'nt work imo.
how the **** has she still got her job as ceo? shes taken the share price down from 97 and now going into the 60s. ffs sack her before we go into the 50s
Mkt cap £19bn, FY24 FCF forecast £3.3Bn.
RR became not a dog when that new CEO came in and told staff and shareholders it’s a dumpster fire and if they don’t change they will lose everything.
Been waiting for VOD to have its RR moment. There was a chance when they parted with Nick Read, but instead replaced him with a clone following the same broken strategy.
Little hope here to protect your div from capital decline until they change, is my view.
2steve. Vod is not a blue chip you 🤡, and nobody is going to buy it, they will just wait for the bondholders to take control in a year or two and make offers for the bits they want, a 40pc premium to share price to buy a shagged out bag of debt that is a dog even by the most hated brexit basket case index in the world standard? You must be having a larf.
Gwm. You currently only pay tax on divi's above £1000 a year, but if you buy into an I.S.A. you pay no tax at all. If you use London south east brokers , it is free to hold shares in an I.S.A.
I did. I had a bit in pre xd, now have a lot more. Xd usually drops the price by more than the dividend I agree, but sometimes not so hedged my bets a bit.
If you are trying to add more shares to your holding why didn’t you buy after ex day?
Cheers rob. Have a good week, I don't want your mate Gary saying I am having a pop at you!
I have a daily ritual of kicking myself hard for not piling into RR when it was 68p. It was obvious that it's scale and revenue and it's criticality to national infrastructure would mean it wouldn't fail. But soooo many people were calling it a dog or doomed, people that had ridden it all the way down to its final support level.
VOD is paying 11% dividend. Has asset disposal options to pay down debt. No one is stopping using mobile networks soon and it's merger with Three will create organisation savings, reduce investment costs, and bring competition to the wholesale marketplace.
Just like RR if you have ridden it all the way down to here from it's previous highs then it will appear to be a dog. Buying from hear with the yield, financials, and as a recovery play may have a certain amount of pedigree, chum 😂
I had a few before xd, just more than doubled my holding.
Steve
actually u could be down... you will probably pay tax on the dividend even tho overall you have lost money on the share !!!!!!
A little lower and maybe we lose another uk blue chip to a foreign buyer.
You’re definitely getting just over 5% in dividends so you’re not exactly down.
If they stopped paying the div altogether the sp may well go up, or at least stop falling.
The city knows they are bleeding off assets to get a div. They would price in a new level of fiscal responsibility.
Many are probably pinning their hopes for continued divs on selling off Italy, but I don’t think they will find the price they want. Already turned down 11.8bn, because they have over 12bn assets and goodwill on the books for Italy and don’t want to be seen to take a write down.
Using the EBITDA multiples of Spain sale, values Italy around 8.5bn. They need someone desperate or dumb to get over 13bn.
Down around 6%
Was it worth holding for the divi……no
Hi Dan, well I did say we are more concerned about the share price, yes let's hope it can start pushing up now exdiv is behind us