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Hello Dan and robleo and everyone, good afternoon. Good to see the tide turns for VOD for a change, and a much more cheerful board. About time to see it getting back up to above £1. Good luck to you all and God bless. sidi XX
I think for me I would look for 1.55 , as this Nissan pay down the mortgage time.. but who knows how gar this will recover as the dividend is really good too...
Will the door open today?
(I hope so, my average is just below 81p after doing some averaging down in the 70s).
Dan, it's nice to see this going in the right direction, i can see £1 getting closer
Holiday you must be joking mate, I spent a day and evening at Bristol airport on the 28th august and was then told our holiday was cancelled due to air traffic control problems, have rebooked though going soon i hope
It’s probably a transfer from one institution to another at a pre set price. All the shares were initially bought through the normal exchange over a period of time. The transfer to the end holder doesn’t have to go through the normal books.
That’s my understanding of it
Hi rob. Have you had your holiday yet? Nice to see the 3 Amigo's back here. Lucky S.I.D.I. Sold. It. Done .It. buying back at a good price. Good luck Amigo's & all vod shareholders. I am still waiting for Mikey to repeat his old prediction of the sp hitting a pound! (Oh the the irony) but this time it would be welcome.
Least I expect is a TR-1 declaration. There's been some hefty trades this week.
Somthing is on the cards here for this to nip up om the slow quiet sly way its moving..
"Thank's fleccy & others. I assume the buyer still has to pay stamp duty?"
Yep stamp duty is payable whether ON or Off Exchange.
"the latest off book trades have been good for all vod shareholders, only bad for shorters,which suites me fine."
Not necessarily, this is the problem I have with Off Book trades, they aren't price setting so it's possible to move large volumes without pushing the price up, also by moving volume Off Exchange it's easier to move the price On Exchange. On Tuesday Vodafone opened at 75.93p and closed at 77.38p, so the price went up by a mere 1.45p even though nearly a Billion shares in total were traded that day, if all the trades had been On Exchange the price would likely have gone up considerably more. Clearly there's something wrong with the system if it allows 13 times more trades to go through Off Exchange, so not used toward setting the stock price.
"Off-book trades must be later declared by one of the involved parties to bring the trade “on-book”."
Doesn't have to be reported immediately though, many Off Book trades go through in the morning and don't get reported until after the market close; Something else, the only time Off Book trades get any attention is when they're large enough to push daily volumes high, like Tuesday when Off Book trades came in at a whopping 878 million shares traded, compared to only 64 million On Exchange trades.
Thank's fleccy & others. I assume the buyer still has to pay stamp duty? As for making the institutions richer & the average punter guessing, the latest off book trades have been good for all vod shareholders, only bad for shorters,which suites me fine. I am happy for the big boys pushing the vod sp up with there off book trades, I would rather they save money, than the brokers making money with there charges & spread, which presumably they save by doing it off book.
Makes sense , well pointed out....Tars star....atb
All part of the design to make the institutions richer and leave the average punter guessing...
Also need to add:
Off-book trades must be later declared by one of the involved parties to bring the trade “on-book”.
This is a Warren Buffet share. Out of favour because of admittedly significant issues, but still undervalued by the market. I reckon £1.30 by the end of March. Solid quarterly reports will reassure people that the dividend is safe. There are some major investors behind Vodafone, they have a good CEO and they are making strides towards long term cost reduction
Sorry, I misunderstood you robleo. Yep, it's heading to the right direction. Long may it continue. Good morning and good luck to all LTH'S. 💪💪
Daniel, basically an Off Book trade is any trade taking place away from the Exchange. If I transferred my shares to you rather than selling via the Exchange, and you paid me directly, that would be an Over The Counter (Off Book) Trade. Trading through Dark Pools are also Off Book. Off Book trades aren't price setting, so large volumes can be moved without moving the On Exchange price, with the Off Book trade price likely going through at the On Exchange price. I don't agree with Off Book trades, because I believe it allows brokers and big players to move large volume's away from the Exchange, making it easier to to move the On Exchange price with algo's. What would stop large brokers directing all their sell side trades On Exchange, and all their buy trades Off Exchange, or vice versa? Any trade that doesn't affect the price distorts the market in my opinion.
Good morning sidi, no i never did sell out here in fact i bought more when they dropped to 86p thought it was a bargain at the time, I'm beyond help lol, never mind i will have to try a bit harder maybe it could turn out good eventually, just hope I'm not too old to enjoy it lol
nice to see it going in the right direction at the moment though
good luck all
Good morning amigo robleo. You said that you have finally sold off all of your VOD shares. Did you buy them back again?😁😁
Talking of strange posters, how are you doing Dan?, only joking of course, i did tell you the only way to silence the moaners was to prove them wrong with a rising share price, and it looks like it's working, but who cares anyway as long as we are getting rewarded, let's hope it can continue £1 and beyond
welcome back to the mad Vodafone forum sidi my friend hope it works out well for you
I read somewhere , MM 's only have to log trade volumes, and not at liberty to log whether it is a buy or sell , their so many different types of trades , yes its complicated...atb
Hello Dan, long time no talk, trust you are keeping well. Although I have been out of this share for quite a while, I come here regularly to read the chats. In fact it's the same with all other shares' chat board. There are all sorts of different posters with their own agenda, nothing strange at all, lol 😂😂
What is an off-book trade? An off book trade refers to the process of trading shares away from an exchange or regulated body ,They are usually executed via the over-the -counter (OTC) market, Off - book transactions are made directly between two parties, outside or 'off' of the order books
Taken from net ....atb
Evening Doyen, if you go on London stock exchange Vod ,Sp , scroll down to trades ( what is this) click on this tells all about different types of trades..atb
Hello s.i.d.i. Wellcome back after a long break. Well done buying at 73.3. I hope your re appearance can bring some sanity back to this forum, as there have been a few, very strange people posting on here recently.