Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. 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.
If anybody can make sense out of Mikey's last post let me know please? I don't want to filter Mikey, & as I don't always log in, it doesn't work if you don't log in. Vary strange post though!
I know you wont read this as you say you have filtered me , but you need to explain in simple terms how he does that as it seems he gets a bit muddled inbetween his medicine
I have said it before and I will say it again....use the filter and mute Mikey....I never ever regret seeing that green line ....I dont need to read his posts, since I know it is always the same old bull**it..
Not saying a word :)
Blame the yanks, don't blame the yanks, ski slopes, cliff edges, blame Nick Read, Down from from 1.23 to 1.21, & he laughs . What part of Mikey is a nut case don't you lot get? Nothing to laugh about?
From over £1.23 now heading below £1.21 you have to laugh
Csdi, at least you can enjoy the cable car ride back, wii be joining you at some point, just don't know what this winter will bring for us all, are there any shares that sell body warmers ?
"Cant even blame the yanks - up nicely over there . Just usual vodafone i suppose lulling people into a false sense of upward movement "
It's just part of the seesaw effect of risk-on/risk-off trading. The US came in with a lower than expected CPI reading, so risk on again!!! Bitcoin jumped 1000 on the CPI reading, that says it all.
Cant even blame the yanks - up nicely over there . Just usual vodafone i suppose lulling people into a false sense of upward movement . Still only to be expected with Read in charge
Mikey - VOD is great for amatuer skiers - only down 12% in 6 months, and up 2% over 12 months.
For pro-skiing try my share with PSN - down 25% in 6m and down 36% in 12m.
Now that is what you call a ski-slope LOL
Cheers - C
Amazing these Ski slopes/cliff edges , all happen within 15 minutes . One minute all looking nice - next minute wallop !!!!!!!
Agree Gary, i have done well from lgen and aviva, you said a while ago that you sold all of your shares ?
Good day for the ski slope in this weather - or is it cliff edge
So glad I got 90% of my holdings out of here & into AV & BP. Not gloating but the point of this message is don't be afraid to switch sides if you are 3 nil down at half time. GL ALL
Fleccy
Valid points, but you forgot the elephant in the room - inflation. Vod hasn't even begun to properly adjust their pricing plans to reflect the current market conditions. At least not on the consumer side. On the b2b side of the business they will move more aggressively whenever contracts are due for renewal. Same is also true for other telco players.
Prices will have to be adjusted by anywhere from 15-30% in the coming 36 month period, unless we get into a kind of hyper inflationary situation in which case the debt will be gone in no time. That would have a material impact on both top as well as the bottom line, but more importantly on the net gearing. This is a huge lever that should be obvious by now.
The question still remains, what is the replacement cost of Vodafone? Its the only mobile operator with a global brand recognition. Right now the market doesn't give a hoot about their brand value. A big mistake.
Lastly, M-pesa (50m+ users) is a gem, which is flying under the radar. It's the biggest mobile financial transfer infrastructure in the developing world. Not to mention the explosion of IoT that is coming our way in the next few years. Think autonomous vehicles, deliveries, connected devices etc. Massive untapped market, where Vod is investing heavily in.
I am bullish and vod is one of my conviction trades.
I don't really give Vodafone much thought week to week. I look in regularly, but rarely post unless something demands a response lol. I'm not happy with the performance of any of my holdings, but more at annoyance at the market treatment of companies I'm invested in. Lloyds is my biggest holding, BT 2nd largest, with Vodafone coming in third, and all are well below market value in my opinion. Since I don't have any urgency to sell any of my stocks, I'm collecting the dividends and reinvesting where I see the most value.
Out of the three, Vodafone is the hardest to judge, since it's a complicated patchwork of different companies and entities, with Group run more like a hedge fund controlling the different parts. I can't complain too much about Vodafone, since out of my three holdings they continued paying dividends, at a reduced rate, throughout the Covid period.
I haven't got any fears about Vodafone going bust, but I wonder about the sustainability of the dividends with the amount of debt. Vodafone seems to be moving away from outlying markets and also selling Tower assets, probably with one eye on its debt, and focusing on its core European markets.
Hello fleccy. As you haven't posted for a while, I wonder if you are still happy with vodafone at the moment? Cheers.
"plus nobody wants to buy U.K./sterling denominated assets since brexit, the gift that keeps on giving."
I don't disagree with that statement, but the real basket case is the EU. The EU has a ton of problems with stress cracks showing everywhere. Italy is the third largest economy in the Eurozone, with political instability far in excess of anything the UK's seen for hundreds of years; The hard right Brothers of Italy are set to take control of the Italian government, with Giorgia Meloni set to become Italy's next Prime Minister. Spain has never properly shaken off the Franco years, with the treatment of Barcelona separatist politicians an example of what festers below the surface. The Eastern Block countries are fundamentally right wing and resistant to being told what to do, which is likely due to their subjugation under Russia for decades.
The EU bend over backwards and relax rules to paper over the cracks, but it'd take very little for the whole thing to break apart. The problems run deep with cultural, language, economic, and protectionist issues seperating the member countries.
Given the recent large holdings taken by two activist investor types, any change of guard will be to reflect their preference, so it would be good to hear from them. If they want to leverage to pay themselves a div then VOD will continue to do so, until it can’t refinance old debt, then the bond holders will be laying down the law.
It’s not in Read’s or any CEO’s hands.
Has to be a new ceo fairly soon, first thing he will do is cut the dividend and kitchen sink the problems, will go under a quid and stay there, and before I get a load of shxt back from upset Vod investors have a look at the direction of travel for this company charts wise and more importantly debt wise. They were stitched up by Liberty for the now tanking German biz at an absurdly high price. Telecoms is a rubbish market there’s been no money in it for years, I really think over the next 18 months you will see this rebase at 80/90 p with a 4pc yield. It’s just a pos. plus nobody wants to buy U.K./sterling denominated assets since brexit, the gift that keeps on giving.
FredBubble 119.5p
Newsid 125.4p
Ronold 130p
Dan 125.1p
WM2020 118.5p
Roofer 124.5p
Final list now for Fri closing SP ......Gla
Good day for the markets so far - usual for vodafone . New week same old ****
Freetrade works well for me. It’s a bit basic, so might not be suitable for some on here, but I like the app a lot. You can trade for free with a General Investment Account, get an ISA for £3 a month or get a lot more features including a SIPP for £9.99 a month.
I was with iWeb - their fees were some of the best on the market, but the lack of an app was a negative, as I prefer to trade and check my portfolio on my phone. Also, I personally prefer the model of a subscription fee and no commission on trades. Worth a look anyway.
I agree Mole & this plan of action has stood me in good stead.
Bundle up your dividends, FWIW when I get to £5K which is probably about 3 times a year I buy a tranche of whatever I fancy. The only share I ever re-invest my dividends in is LGEN.
VOD for me just has too many issues, born out by the underwhelming SP when other stocks keep growing. GL All.
Do reinvest dividends back into the stock market.
Don’t reinvest VOD divs back into VOD.