Roundtable Discussion; The Future of Mineral Sands. 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.
Think there will be a slight drawback this week, so going for 76.5p
79.95 for me please.
Vodafone Idea denies reports of being acquired.
Bsck from hols and its 80.1 from me please Bob
83.3 thanks
84p
82.6p for me this week...thanks.
I thought Vod UK had sold out of the Indian mess after those scamming char'lat'ton swayne lumbered it with a massive tax demand. But the write-up indicates they appear to still have some (25%?) shareholding.
If this edges past 100p will top slice as with a 76.2 average always acceptable to take some off the table
Inside the battle to save Vodafone-Idea
With the share price of debt-ridden mobile phone company Vodafone-Idea (Vi) booming to more than 20 percent in two weeks, market experts expect a US telecom giant is going to invest and take control of the Indian telecom company soon. The names of US telecom and internet giants like Verizon Communications Inc. and Amazon.com are heard in the Indian stock market as potential buyers of Industrialist Kumar Mangalam Birla-controlled Vodafone-Idea shares. The latest in this league of US giants eyeing entry into the Indian telecom market is X- promoter Elon Musk-controlled Starlink, say market experts, analyzing the talks between India and US top political leadership during the G20 Summit in New Delhi.
Previously, Reuters reported about the possibility of Verizon Communications Inc. and Amazon’s interest in investing in Vodafone-Idea, the debt-ridden mobile phone company’s controlling firm, promoted Kumar Managalam Birla preferred to keep their silence[1]. The previous month, Vodafone-Idea (Vi) shares were shuttling at the R.7.50 range, now the share price is crossed Rs.11.70 and market experts believe, if the Government of India which has more than 33% of shares in the firm agrees to the investment and takeover of US-based firm (expected to be Verizon), the share prices would cross to more than Rs.25 soon.
Vodafone-Idea having a huge tax due (AGR dues) of more than Rs.50,000 crore preferred to give its 33% shares to the Government of India, a few years back as part of a bailout package. It is widely believed that the Government of India likes to opt for a US company, rather than a telecom firm from the Middle East. Currently, Birla Group and British firm Vodafone have around 50% shares in Vodafone-Idea mobile phone company and 33% shares owning Government want to encash their shares for around Rs.30,000 crore to recover the tax dues.
According to the top officials in the telecom sector, a US telecom giant will first invest more than four billion dollars in Vodafone-Idea by taking some portion of shares from Birla Group and most of the shares of British firm Vodafone and the Government of India will sell their entire more than 33% of shares to the US telecom firm and ultimately the US telecom firm will get more than 51% shares in the debt-ridden Vodafone-Idea. This deal would ultimately lead to investment of more than 10 billion dollars by the US company, which is expected to be Verizon, say market experts.
After the Comptroller and Auditor General’s (CAG) findings, four years ago, the Supreme Court of India through various landmark judgments found out the huge tax evasion (AGR dues) dues of many mobile phone companies ranging up to Rs.1.43 lakh crores (around 20 billion dollars). As per the apex court’s order, the telecom firms were given 10-year installments to pay the huge dues and later Government of India came out with a bailout package to help the debt-ridden telecom firms
A few companies eg Verizon, Amazon are interested in Vi in India. Will this be a positive for Vod?
Already known. Published on the 14th Sept.
Vodafone Group PLC (LSE:VOD) should avoid several hundred million euros of extra spending after the proposed postponement of a German mobile spectrum auction, according to analysts.
Germany's utility regulator, Bundesnetzagentur (BNetzA), has proposed extending the 800MHz spectrum to existing mobile network operators rather than hosting an auction.
"We see the news as a notable positive for most players in the market in terms of avoiding a potentially expensive spectrum auction," said UBS in a note to clients on Thursday.
Analysts at the bank had assumed €800 million of spectrum costs in 2024 for each of Deutsche Telekom (0.8% of its market cap), Vodafone (3.3% of its value) and Telefonica Deutschland (15.2%) but said "costs could have been double that in the event of an expensive auction".
The 800MHz spectrum was due to expire in 2025, but the BNetzA is proposing an extension to 2030.
"While there may be annual levy for this, the costs are likely to be modest (tens of millions of euros) relative to significant one-off spectrum cost," the UBS note said.
The BNetzA is conducting a consultation on its proposals running to 6 November and UBS said it would expect a final decision by early 2024.
For Vodafone, where the bank has a 'buy' rating based on a 100p target price, UBS noted that declines in Germany "appear to be easing".
https://www.proactiveinvestors.co.uk/companies/news/1026564/vodafone-off-the-hook-for-at-least-800m-as-german-spectrum-auction-deferred-1026564.html?rel=scroll
Vod closing Sp 22nd Sept
Kiwitwo 84.6p
Added to list
Entries by 12pm Mon
Atb
Good luck with that!!
84.6p for next week please.
My short term target VoD £1.10 and BT £1.70
Dyor
Topped up in both BT and Vod , defensive stocks , won’t give big returns but can expect a decent return especially may perform well when market is volatile against blue chip and regular dividend! Vod may outperform given its business across EUrope and Africa, a few asset sell can reduce debts and improve margin as well room for expansion and growth into the region outside UK. Other hand BT is a solid business with leading EE mobile network !
Dyor
"Nice buy-in trap this week for this pos - value trap anyone?"
---
I actually believe behind the veneers of a banter and a laugh etc., you are more clued up than you let on ;-) I personally like your presence here.
Anyhow, on the technicals, the weekly candle looks menacingly bullish, while the monthly is gearing up to reverse the multi-year bear trend.
On the fundamental side and pure asset basis, vod should be at around 1.8- ish. I posted my calculations a while back - have a look if you have time to kill😄 Against peers, vod is also falling behind undeservedly. Its a beast of a global operator and one where its true value will soon become very clear to all market participants a s agents in this market.
I know you are/were waiting for a "bottom" to top up heavily and I am fairly confident we are at the early stages of a massive multi-year bull run so any pullbacks should be bought. I topped up heavily in the low 70s (by 200%+) and will keep adding. For disclosure, my holding is on the outlier side compared to the average shareholder in vod.
All the best to all of you.
Vod closing Sp 22nd Sept
Doyen Dan 87p
GeOrge 83.75p
Tars 83.14p
Raffles 88p
Garonne 86p
Robleo 83p
Roofer 80.5p
Entries by 12pm Mon
Atb
Vod closing Sp 15th Sept. 79.81p
Garonne 80p. Winner
Izstar 76.1p
Doyen Dan 76p
Juyamall 77.8p
Kiwitwo 75.3p
Beo1 72.7p
Jax05 61p
Newsid 71.8p
Tars 83.14p
Talatum 74p
Roofer 73.95p
Enjoy your weekend
Atb. Penman
Jax, I think your wrong this is still very under valued at it's current price, but you will need to be very patient it won't go up in a straight line
In these troubled times, taking a look at my portfolio my 8 funds are all in profit and most have returned between 45 and 60 percent over the last 5 years and most of my shares are in loss apart from 2, at my age I'm thinking the best option is to greatly reduce my number of individual shares and increase my funds, but i expect it will be a long process waiting for some of my shares to get back to near the top of their trading range before i can sell them off or reduce them, but investing is a personal thing and everyone is different
just my thoughts
83.75 please Roofer
Cool off time
Next week
Nice buy-in trap this week for this pos - value trap anyone?
83.14 for me please Monsieur Roofer.