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.
Incoming merger, cost-cutting plan in place, stable revenues, a (seemingly) serious agenda to improve performance, falling debt, stable dividend, assets to sell, cheap share price.
I'm in no rush on these, so I've just bought a few more at 83p. I'll happily sit and wait on them, hopefully picking up dividends and a favourable capital gain in the process. I'm largely banking on the dividend remaining stable(ish), so time will tell if I'm right or not.
Its crazy. In only a few weeks the statutory authorities have to sign off on a 'true and fair view' and in particular, that net assets/ equity = the lower of cost and net realisable value. Yet here we are down in the low €20Bns.
I can imagine the directors signing off based on the deals they have been discussing for the sum of the parts. I can imagine the auditors signing off based on the evidence, Vantage being case in point.
But the market doesnt get it. No regulator, no assets, no service. Maybe Canning Fok over at 3 can push UK over the line or else, MDV gets a share of 10m subscribers as 3 exits the market. MDV also showing UK below the WACC even with its recent performance
Decided to buy back the ones I sold over the last few days at 84p this morning and hold for the dividend -
gla dyor etc
31/03/2022: total equity was 57b
31/03/2023: total equity is 64.4b
Total equity is: assets minus total liabilities
Layoffs are positive. If you work hard you will prosper. Why is should you get a job for life, every time you want a pay rise just strike while getting lazier and lazier?
Here is what our local Newbury MP wrote yesterday. It tells me how out of touch UK managers are - 1) It's not going to happen to us 2) It's 3 years away, well IMHO MDV isn't going to wait 3 years
----
I am posting this for anyone who works at Vodafone in light of today’s news announcement, which has understandably received considerable media coverage.
I have spoken a number of times to senior management at Vodafone during the day. They told me that although job losses have been announced at a global level, these are likely to take place over a three-year period and are split between the Group aspect of the business (which is not located in Newbury) and Europe more widely.
They drew my attention to the fact that the UK business has delivered the strongest revenue performance throughout the whole of Europe and although they cannot say for certain what this means, they do think that the focus for job losses will be on other geographical areas.
Vodafone have promised to keep me regularly updated with any information as they have it and I will update here and on my LinkedIn page (https://www.linkedin.com/in/laura-farris-mp/) and anyone affected is welcome to come and have a surgery appointment so that I can relay any concerns to the top.
E& have to be at least 30p per share down on their 4 billion shares, so we’re in good company. Anyone buying in the 80s of late ought to do pretty well. Next 6-12 months require patience.
MARYBR190 RE: I am sure the price will be above £1 in the next 10 years,
don't be so mean :-( I'm getting older you know, can't wait for ever lol get your point though
Crazy day. I topped up at 85p the last time Vod was in the 80s and sold that tranche for about 97p, while keeping my main holding. Bought some more today at 83p.
Is that a good move? I really don’t know anymore. But as Warren Buffett once said in his annual letter to Berkshire Hathaway shareholders:
“Fk it, let’s have some banter”
(That’s a joke, DYOR).
Robleo i concur re only a loss if you sell. Balanced portfolios have winners and losers that reverse over time. A bit like whack-a-mole you got to smash them when they pop up.
Still nice to see the dividned continues. I am sure the price will be above £1 in the next 10 years.
Dan, if only some of the people on here could be honest it would be a lot more helpful, the reality is there are not many shares doing really well lately and i would guess most investors are in loss with some of there shares, maybe not as badly as this has been doing lately perhaps, but you have to accept the bad times as well as the good, but as some will say it's only a loss if you need to sell, let's see if this new management can turn this company around or at least get it out above a £1 for now
Seems like the market was simply looking for an excuse to punish the board for their lack of performance - by knocking the price down. Let's see if the institutional bargain hunters buy on Wed
I noticed that myself, the old one two
The green candles show the punch in the guts might not be over, two parallel slime trails.
There may be a knuckle duster under the glove...
We is all sharing your pane Danny boy
Hi rob. Obviously a very bad day for me today, but at least not everybody on here takes great pleasure in others losses, (sad or what). But I can take it??
'Unless you buy now circa 83p to take the 4p divi? Flip of a coin really.'
I called 83 in roofers friday prophecy so had to have some just under 82.5. Nearly fell off my bike. If I had waited until the coffee shop I would have got 82. Mobile phones eh?
Hi Dan, with the share price being so low approaching results i had a feeling this was going down for now at least, despite Androids optimism, wasn't trying to put it down it was just my honest thoughts on it, but hey it's only money and not going to worry about it, and I'm not in any hurry to sell so may as well take some more dividends and hope it will start climbing those ladders again
best of luck mate and all fellow voders
Scaredycat. high wave candles & confusing 1st candle of reversal. imho dyor swalk. O.K. If you say so?! No wonder the markets are confused??!!
I think ex divi could see the possibility of this hitting the mid 70's. Unless you buy now circa 83p to take the 4p divi? Flip of a coin really.
I'd say today was a high wave candle and indicates confusion in the market, which you can read from todays posts as the day progressed. Often the 1st candle of a reversal. Maybe back to 90 post haste imho dyor swalk
Hi rob. I thought you were going burst into an Elvis impression. Caught in a trap, I can't walk out?! I am going to hold on though . risky of course, but bailing out now for me I think would be a mistake. Cheers mate. Have a good week, It's only money, not the end of the world.
'weak form of the EMH'
A couple of posters have referred to a double bottom at 83p presumably referring to historic patterns as a prediction for future.. I dont know
Unfortunately, there's only one thing you can be sure of with this share, that is year after year it never fails to disappoint
but you make your own mind up guys, for me I'm caught in a trap with this share
That is what Fama found in 1970s by his PhD research called Weak form of the EMH.