Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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The other thing people tend to forget / ignore is the user base of Vodafone - from last records, circa 600m subscribers across all its territories and channel offering. On average therefore, Vodafone is earning, based on €45b revenue, circa €75 ARPU per annum. Price inflation will help, but in this world of data, and they are just beginning to across IOT, there is huge value in this user base alone. Even if Germany users are falling, there is net growth across its base.
To put it into perspective, Netflix has 233m subscribers. They also need to invest heavily in content but now trying to better monetise their asset ie user by advertising and removing free sharing. Netflix recorded $32b revenue last year with net profit of $4.5b. They have circa $14b of debt. Their market cap is a whopping $175b!
So, make your own assessment! Think who can and will benefit from 600m user base across UK, Europe and Sub-Saharan.
In your dreams jax, the new CEO has aired the majority of the dirty laundry. If you're so convinced there'll be profit warnings going forward, tell us where and how they'll lead to a Carillion scenario, because you appear to be the only one who thinks that will happen. Are you saying you know more than all the analysts who report on the stock?
I can't see a single Broker recommendation below the current price.
This evenings IR call also clarified the context of next years dividend against lo/ no spectrum commitment, fixed interest cost 3% whatever happens to interest rates going forward, ring fenced capex (intensity), so that I was left more confident it will be 9cents again next year too. Obviously it's up to the BoD in September and based on (rebased) performance.
Did anyone here watch todays webinar?
However, if you have just entered at a price of below 80p with divs next week .
Maybe the strategy is a good one to buy on the way down.
Time will tell ,good luck to all.
I think shorters buy in the UT as cover....if the US Debt Deal gets passed, there could well a relief rally , for which the shorters already have some shares stashed away
If the Debt Deal vote fails...the shorters can just dump the stashed shares creating the inevitable crash on the Deal failure
WB - buy when others are fearful or whatever he said, I don’t really care tbh about what the old git said
Point is Apply that to Vod and you’d be buying from donkeys ago with still no capital reward lol
Last day of the month...possibly related to monthly account adjustment ...
Seems cheap but is it?
The eternal question
When the market wobbles, weak shares tend to crash even more. There has been zero market confidence in Vodafone for a long time.
Van Boxmeer, the Chairman, role is to woo the large institutions and engender strong market sentiment towards the strategy the company is following. As he has been in office for 3 years+,
the market has given its verdict.
Destruction of shareholder value will only be arrested if the CEO can arrest the decline in all areas of the company - fcf, customer numbers, discharge unwanted assets at acceptable prices
etc., a vey tall order.
What has gone on today is beyond my understanding, hopefully a full RNS tomorrow.
Vod profit warning 1 (banked) see trading update
Vod profit warning 2 (not banked)
Vod profit warning 3 (not banked)
Dates on profit warnings 2 and 3?
I suspect after Germany’s unexpected technical recession profit warning 2 will be imminent
Number 3 will be in a month or two when interest rates really spiral and take hold
Then we have the Carilion effect
"There were big UTs across the market today fools"
It was noted if you read the entries on the Lloyds page, can you explain why jax? Even taking that into account the Vodafone closing UT was big.
Lloyds routinely gets higher volumes than Vodafone:
https://docs.google.com/spreadsheets/d/e/2PACX-1vSVzuExpz8wA6wSe4UYNF77ABNpeZl6fyFbNG9CvFN9Dfan-bb1ShTTcPXaj77fXju6TMPEIPkjDys5/pubchart?oid=2085752711&format=interactive
https://docs.google.com/spreadsheets/d/e/2PACX-1vQ49B8X4hFFdtXb6WUx45CDRcgMt5FBglgZCFc5UnApKRpOX8cznaVjvfKeIWdC6xr70q5wCbdhpFe7/pubchart?oid=2085752711&format=interactive
You would expect Lloyds to have a higher daily UT than VOD, but not today. The charts will update with todays volume tomorrow.
"the last thing people will do is to cancel their internet and phone services"
No..but ..you can see the growth already in Spain and Italy in contracts moving over to the "low cost" VOD brands..plus ...affect of any recession on business area growth
Largely depends on what the job loss numbers would move to , I guess
Fleecy look at other stocks big UTs nothing happening here
Apart from terminal decline
Todays Volumes
UT 315,994,147
On Exchange 36,231,832
Off Book 53,822,288
Surprising that the closing UT volume was more than 3 times bigger than On Exchange, Off Book and morning UT trades combined.
There were big UTs across the market today fools
Vod is in a deep decline and it ain’t ‘the market’ happening here.
I seriously believe it is imminent that Vod will be on its knees with MDV holding a begging bowl - I’ll take a £1 takeover - big premium to these levels
When Danny boy gets in and checks the share 😁 price he's gonna go mental.
Is Flemmy the new Daniel?
No, Daniel is a unique individual but when Flemmy posts such as “ All the more reason we should move even further away from the EU. They're not our friends, the sooner the UK Government accepts that the better” & the rest of his nationalistic rants it makes me wonder why he has spent money on a company such as Vodafone who after all has one or two overseas interests.
Close the airports, barricade the ferry terminals eh Flemmy, ha!
“Carillion didn't have Vodafone's cash Flow and issued three profit warnings in less than 6 months, hardly a valid comparison. You'll have to try harder jax.”
I believe at the most recent trading update MDV made a very clear profit warning - did you miss it?
Interesting on the call now, a Spain 'deal' will be layered in on top of the must do better outlook. That would be more than €4Bn if they sell the lot
"Didn’t Carillion do the same thing"
Carillion didn't have Vodafone's cash Flow and issued three profit warnings in less than 6 months, hardly a valid comparison. You'll have to try harder jax.
“I'm surprised they've maintained the dividend myself, but they wouldn't pay it unless they thought they could afford it and they could easily drop it if they needed too, hardly a sign of a company in terminal decline.”
Didn’t Carillion do the same thing with a divi payout and with a ‘part of the furniture’ ceo at Vod, you might regard her as blinkered with doing anything other than paying a divi. Bless her, her 30 year career is here so her emotions have gotten in the way of business. Is my opinion anyway.
I hope your right about tomorrow As I’ll be shopping if your right.
Actually the recession was not unexpected at all.
"Huge" is very subjective. What is huge. A mild recession has been on the cards for some time, but the last thing people will do is to cancel their internet and phone services. Make no mistake, this is a utility.