Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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If this starts going below £1.10 i think Emirates Telecom might want answers......
Robleo
Check my recent posts. There are no silver bullets.
Meshtrader, some people seem to be very passionate about this share, maybe because they have worked in the industry or just because they feel telecoms is the thing of the future
But if i can ask you a serious question, do you think this is a good share to invest in, taking into account the share price has not shown any growth over the last 5 years, not even inline with inflation, and the dividend is only really good if you can buy at the bottom price and not even very reliable
personally i just think it's ok as an addition to a portfolio if you can get in at a low price
cheers
Of course this could to under £1, that's only 15p away, not long ago it was £1.40 odd that's 25p away.
The only dreamers on here are those that think they have a crystal ball but can't see further than the end of their nose.
You only have to open those eyes to see what's coming this winter so this dreamer is happy to say that if he had to bet he would say the market is in for a big correction rather than a big increase.
You can post all the substance you want mate but please make sure it makes sense & is accurate otherwise people may think you don't know what the f*** you are on about.
Fleccy
These are arm chair dreamers/traders.
Just noise on these boards and no substance.
"This can easily go below £1... the dividend hasn't been covered for years..."
As far as I can tell, Vodafone hasn't been under £1 since 1997, why would it go under £1 now? It might have come close during the Pandemic, but it didn't go below £1.
"This can easily go below £1... the dividend hasn't been covered for years..."
Yet, free cashflow is increasing. Funny that, right?
This can easily go below £1... the dividend hasn't been covered for years...
"That’s all well & good mate until a company cuts their dividend."
I understand what you're saying and you're not wrong in that respect, as I found with my Lloyds and BT shares during the pandemic, but the dividend payouts are a buffer and dividend cuts should be expected under certain circumstances. Growth stocks are the most at risk in recessionary and inflationary periods, they are priced on future growth and projected revenue increases, but any growth goes out of the window when the money taps are turned down or off.
Something else, the market doesn't apply logic to its pricing of stocks which was evident during the pandemic. I added to all my holdings during the pandemic, and brought my average cost per share down for all three; BT was my most memorable, I bought an extra £35,000 worth in two tranches at 106p and 112p. Before the pandemic our annual dividends were around £13,000, with the extra shares we've added during the pandemic we're now on target for dividends of £21,000 for the current financial year. What was the market thinking, pushing BT's price down to under £1 during the pandemic? Telecoms were one of the few resilient sectors during the pandemic, yet the market hammered them more than some badly affected sectors. I think the market treatment of the Telecom sector, during the pandemic, proves that the market is either gaming the sector, or has no idea how to value the stocks. I thought Telecom stocks were cheap before the pandemic, and dirt cheap during and since the pandemic, so I'll just keep steadily adding to my holdings until I no longer see value. I can live with dividend cuts if it protects the companies I'm invested in, as I said dividends grow my holdings in the good times and act as a buffer in downturns; That said, I see Telecoms as one of the most resilient sectors on the planet.
Gary59
"That’s all well & good mate until a company cuts their dividend.
I’m not suggesting VOD will do so but they have masses of debt, if earnings don’t come in because of the economic tidal wave that’s about to hit then a cut is possible. None of us know so the best hedge if you want to stay invested in stocks is to diversify."
---
Apologies for the cynicism, but to me the above sounds like; "if I don't eat, I will die".
Have you even bothered to look at the debt schedule for vod? If so, tell me what worries you? Right now you come across as somebody who has never used mortgages or loans.
Mesh - You certainly paint an apocalyptic picture with the dramatic end game theme of your last post. A bit of light reading over the long weekend, ha!
On your theme as far as VOD is concerned they have a bit of debt re-structuring to do in the coming weeks and with interest rates rising that will hit the bottom line as it becomes harder / more expensive to service the debt. Just tell that to the British government. The market will be well aware of this and debt costs won’t help any SP.
is the ECB. The yanks are betting against both the UK and the Euro region. Their particular concern, this time, is Italy. Is vod being sold down because of its iItalian unit? Hardly! And we all know what ECB will be doing when the fat cat bureaucrats return from their exclusive holidays. They will, with 99% likelihood, backstop and guarantee any Italian default risk. Why? Because they have to, less they prefer EURO and, EU for that matter to get annihilated.
Some macro funds are trying to play Soros game by shorting italian debt. It wont end really well for them. I truly hope they have already covered their shorts and pocketed handsome returns, because the ECB will do whatever it can as Mario famously said back in 2012. I did lose a massive bundle on my shorts when he shocked the markets then. For those interested, here is the current spread to the german bund; http://www.worldgovernmentbonds.com/spread/italy-10-years-vs-germany-10-years/
This market selloff comes during the holiday season based on bogus narratives and low volumes. Funds have had to deleverage across asset classes indiscriminately to beef up their cash positions and reduce over the top leveraged risk exposure. Inflation is expected to be rampant (ca 10%) for a foreseeable future. The money managers who are salivating over this drop know fully well that very high inflation such as the one experienced right now will erode debt. They KNOW cash is trash and are doing their best to trash talk stocks through any media outlet.
I will end by the following teaser, is this all about valuations, debt, inflation or the future status and viability of the world reserve currency;-) End games are certainly intriguing.
Fleccy - “ but as it stands I'm growing my future dividends with every top up” That’s all well & good mate until a company cuts their dividend.
I’m not suggesting VOD will do so but they have masses of debt, if earnings don’t come in because of the economic tidal wave that’s about to hit then a cut is possible. None of us know so the best hedge if you want to stay invested in stocks is to diversify.
I guys, I bought in today at 115.7p , can’t believe this price! Can I join your guesstimates for next week. I recon will finish at 1.21.4 next Friday.
"fleccy. I love your confidence, but? You could be wrong? I for one hope not, but??? I topped up today with vod, but I am a gambler, nothing is certain, apart from death, taxes, & the fact that you, or somebody else has to sell your shares at some time, otherwise they may as well be worthless."
If you'd bought Crypto I'd describe you as a gambler, investing in a safe blue chip stock isn't gambling in my opinion. Stocks are a hedge against inflation, CNBC and Bloomberg guests who recommend moving into cash, do so in the belief that shares will crash and they can get in at a much lower price, but I believe UK stocks have limited downside as most are already undervalued. I'm topping up and will continue to do so as long as I see value. If I was uncertain I'd probably keep taking the dividend cash, and hold my investments at the current level, but as it stands I'm growing my future dividends with every top up, and the gains will be greater if and when my stocks recover in price.
Ultimately I see more risk in cash than stocks, should inflation remain persistently high, time will tell if I'm right.
Dan, i was planning to top up here if it should reach below 110, think this might be my best hope of getting into profit here, but nobody knows where the bottom will be, it's all a bit of a gamble, would always prefer to see a share rise if possible though
robleo. I think fleccy's point is that it doesn't matter how far the sp drops. That takes super confidence, & for me, unless you know far more than everybody else about the real value of vod shares, is impossible to judge. But as you know, I hope fleccy is right.
Thanks Fleccy, I always value your opinion, probably is the most stress free way to do it, if only we could tell though when they have finished dropping it would make this game a lot easier
robleo. I should have added, that she still prefers the plumber.
Oh poor you Dan lol, no peace for the wicked hey, you did say to me you needed cheering up
fleccy. I love your confidence, but? You could be wrong? I for one hope not, but??? I topped up today with vod, but I am a gambler, nothing is certain, apart from death, taxes, & the fact that you, or somebody else has to sell your shares at some time, otherwise they may as well be worthless.
robleo. That is all very well, but the problem I have is, not only am I the husband, but also the gardener??!!
"I have four shares paying out dividends this month and it's staying in the account, i would be afraid to invest it anywhere for a while, and the real squeeze hasn't even started yet, a bit scary really"
I'm currently sitting on my Vodafone dividends, and awaiting my Lloyds and BT dividends on the 12th September. If the share prices are as low, or lower I'm just going to make a decision and plough the dividends back into shares; I don't see the point of waiting since you can never time the bottom, or the top, anyway. If you think a stock is cheap, and you're confident about the company's future, you might as well top up there and then and hold until you reach your target price, reinvesting further dividends as you receive them.
nice one Gary, as we are on the jokes
A rich man comes home to tell his wife
He lost his every thing in the stock market crash and they need to change their lifestyle.
He says to his wife if you learn how to cook we can fire the chef. She replies with if you learn how to f*ck we can fire the gardener as well.
I've seen it all before guys just ride out the storm & continue taking the dividends.
All will come good but it may take a few months.
This reminds me of a judge in my previous life who was sentencing a man found guilty in his court. The defence barrister stood up & said that his client wasn't a well man & urged the judge to sentence in months instead of years. After listening carefully the judge said "I have listened carefully to what you have said & I take it all on board, after much deliberation your client will go to prison for 300 months, take him down". "But" said the barrister "My client isn't a well man I don't see him finishing this sentence" The Judge retorted " Just tell him to try to serve as much as he can".
Have a great long weekend all.