Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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"Just placed a buy order for tomorrow at 90p"
Based on the current exchange rate, the dividend would be 3.88p if it was paid tomorrow. The current price is 94.88p, so you'll only gain 1.0194p per share taking stamp duty into account. Because the share price is so low, there could be a lot of resistance around 90p, so you might not get your buy and you'd miss out on the dividend.
If you're philosophical about it, you might decide to let the Universe decide for you, either way, but it's not a massive gain buying at 90p tomorrow if you really were interested in buying or adding more Vodafone.
Dan, The comments about the HQ were just for a bit of context, Vodafoen were nearly driven out of Newbury as the council did not want to give them a site big enough, in the late hours a late change of vote by a Lib Dem gave them permission for the greenfield site. To their credit Vodafone did an amazing job of trying to make it blend in with literally thousands of extra tress planted at huge cost. The point is a few years later it is made pointless by a crappy housing estate on the same land thus negating all the good they did and paid a fortune for. I am a disappointed investor it is not out of holding as "grudge" it is because Reid gets every big call wrong, I was there when he turned down apple
Narcus. You point out what vodafone's problems are down to. Government housing policy, working from home(which was originally caused by covid) You forgot to mention the Russian war, & massive competition in the mobile phone market. So why are these problems all the fault of Nick Read.? Sorry Narcus, but you just sound like a typical ex vodafone employee with a massive grudge. At least you got one thing right today, the divi is 4.5 euro cents, not 4.5p. about 3.8p I think.
You dont seem to understand the index. This still has plenty of MCAP to keep it well into the FTSE 100....
@Davef24 - Yes should drop approx 4% which is the Divi Impact - which is approx 3.5p-4.1p drop depending on current price ofc. However, this stock is full of suprises - even up 4% wouldn’t suprise me after tomorrow lol! GLA & ATB :)
a strong member ? :(
Robina………VOD still has a market cap of near £26bn hence that it why it is still a strong member if the Ftse 100
Well just 3p away now from my long-held fear of 91p. After tomorrow we'll be there or below. How this is still in the FTSE is beyond me.
Blue horseshoe loves Anacott Steel
Tomorrow Dave - ex divi tomorrow hence the 90p buy order
gl
I wonder if this will drop another 4p tomorrow on ex div or its already priced in, hope not
Just placed a buy order for tomorrow at 90p -
gla dyor etc
Blue horseshoe loves Blue Star airlines
Depends why you are buying Marcus. If you want the dividend in February, you have to buy before cob today. Thanksgiving tomorrow and friday . Mikey thinks 80s...
That dividend is just sat waiting. BUT AHM SCARED TO BUY THIS I REALLY AM...
The 3uk deal will sort newbury out. 3 maidenhead office closed already. Probably like tmobile orange and the welwyn garden city campus
I used to work at the Berkshire HQ, before that there were 85 buildings in Newbury town centre and beyond focused purely on Vodafone. They made the decision to move to a purpose built campus consisting of 7 huge buildings. They spend a fortune make the site "blend in" to the neighbouring countryside with impressive numbers of trees hiding the site. Along comes the ludicrous government housing policy and there is a dirty horrible housing estate built on the very flood plain on the same site that nearly sunk Vodafone buildings many years back. There would then be an average attendance in Newbury of about 5,500 people. Now they have given up on 4 of the buildings and retained only 3, one of them is the centre of the Network Operation Centre so they can't easily drop that one. The staff have been told to stay permanently working from home. I live in Newbury and now rarely come across anyone working at the now amusingly called "HQ". THis company is dead in the water in Berkshire, may as well move it to Rwanda and save a few bob.
Well it looks like Credit Suisse will have their wish……..just wait and see by next week they will change their mind and come up with a 120p forecast.
Pure market manipulation and about time it was stopped.
If you look at the debt schedule, you will realise they significant portion of loans are due in 2030-2040. Extremely well executed and at low rates.
People look at one side without looking at the other. We are facing a 10%+ inflation rate annually, which will be reflected in Vods prices in the next 6-12 months. This is a critical factor in debt management, hence why investors borrow money as money always loses value over time.
In one of my posts from a few days ago, I offered a simple illustration of how an increase of only 4% of prices across all Vod's services would increase pure profits by ca 2.5bln. As there is no associated costs attached to price increases. Ironically, that equals to the annual div!
Again, whats happening to Vod share price is a tug of war behind the scenes to scoop it all up.
"You are correct, time and time again it is misquoted on here as 4.5p. It is 4.5 euro cents and we won't know the conversion exchange rate till nearer the PAYMENT date"
Narcus, the policy of using the average exchange rate over the 4 to 5 days leading up to the payment date isn't a new policy; Anyone who doesn't realise such things shouldn't be investing in the first place. Also no one should influenced invest based solely on posts on sites like this, they should only trade when they've done their own research and understand the risks.
Anything can happen now I guess. Really Read should sack alot of the deadwood workforce or deliver an ultimatum like Musk about productivity. The money saved would then be used to pay down debt at the same time he is raising prices. Cutting the dividend is a red herring to suit short term trading strategies narrative imo.
Long term the regulator has to allow consolidation if it wants Vod to maintain employment levels and service the associated debt.
National fibonacci day today woohoo!!
You are correct, time and time again it is misquoted on here as 4.5p. It is 4.5 euro cents and we won't know the conversion exchange rate till nearer the PAYMENT date
I think we should expect Reid to go anytime now, has anyone got the full article without a paywall where some unknown analyst has managed single-handedly to put a share price into reverse just before a 7% divi, you cant make this company up. Everything that happens to them is just always the worse case scenario, we should be enjoying a nice now before it loses 4 to 5 p tomorrow. We should all pray to Mecca that the Arabs save us.
Don't worry rodders, this time next year we will all be ?
Forgot to mention what exchange rate will they use tomorrow rate or what it is in February