We would love to hear your thoughts about our site and services, please take our survey 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.
Bye Mikey, Don't rush back, say hello to the tooth fairies. Vod doing ok today so far, when the f.t.s.e. is well down, so thank you tooth fairies?
“The whole point of a forum is for people to post, & others to respond if they so wish” - exactly - for people to post . Very condescending post Daniel but then we expect that from you !!!!!! No envy - why would I envy him !!!!!!! Time to filter you again , i dont like condescending people who feel they are more intelligent than other people . Bye Daniel - have a good life . At least my 1 share wont give me headaches !!!!!!
And you say you cant blame the yanks - we bob along all morning in the positive and then as soon as america opens at 2.30 we drop into the red - its ok maybe blame the tooth fairy !!!!!!
Robina, if you think it's going lower, why would you add now, might be worth waiting
"Strange, it's normally an O2/Virgin media story on BT results day"
Indeed
"I'm thinking of adding a batch at a time even though cod's law would dictate that it'll trigger a collapse"
Don't you mean shoal, instead of "batch". since you mentioned "cod's law" lol.
It's sod's law that we all get at least one typo per post.
Mikey. I am not a Lord, & as you well know I welcome all negative intelligent posts. If you want everybody to ignore your posts, then why bother posting? The whole point of a forum is for people to post, & others to respond if they so wish. If you don't like Nick Read, perhaps you should ignore him. He is person, who deserves some respect, not just envy. We know you don't like him, so you don't need to keep telling us. There may be are many reasons why vodafone has performed badly as you well know, If a plane crashes it is not always the pilots fault, there can be many reasons, & to sack the pilot when he trying to control the plane, is probably not a good idea. I realise you probably can't understand what I am saying, but I am at least trying to treat you like an intelligent person?
It could lower costs if done correctly (big IF) hence lower debt.
It's notable how VOD is holding up given the wider market that is despite my fears of an ultimate 90p destination.
I'm thinking of adding a batch at a time even though cod's law would dictate that it'll trigger a collapse, since there is no way the market will allow me to profit in any way.
will this lower debt?
Sounds expensive and desperate. Just make what you have more efficient, lower those costs and steal market share. Let you weakened competition flounder.
Cheers for that Compound, i have a few shares i would like to top up but not in any rush will hold back for the right price to lower my average as much as possible
Strange, it's normally an O2/Virgin media story on BT results day
Funny how this story breaks on BT Results day.
The UK telecommunications group Vodafone is reportedly in talks to combine its UK operations with domestic rival Three UK, the mobile operator owned by Hong Kong infrastructure conglomerate CK Hutchison, people with direct knowledge of the matter said.
The deal, if concluded, would herald the latest attempt to consolidate the British mobile market as Vodafone faces pressure from Europe’s largest activist investor, Cevian Capital, to simplify its business, pursue deals in national markets and improve returns.
A combination of Vodafone UK and Three UK would bring together the third and fourth largest mobile network operators in Britain, though any deal to reduce the number of leading brands from four to three would trigger scrutiny from competition authorities.
Industry executives are hopeful that regulators’ increased awareness of the need to invest in network infrastructure has made them more amenable to mergers than they were in 2016, when the European Commission blocked a proposed merger between O2 and Three.
European telecoms groups have struggled over the past decade, with strong competition and consumer-friendly regulation weighing on earnings. Although Vodafone’s share price has rallied by 3 per cent since the start of the year, the company has shed 44 per cent of its value over the past five years.
Three, meanwhile, has struggled to gain scale over the past few years, despite ambitions to double its size. Though the company has enjoyed an increase in net new customers since mid-2020, it has not managed to translate those gains into significant revenue growth. Last week, the company reported flat quarter-on-quarter revenues of £582mn.
Over the past year, Vodafone chief executive Nick Read has been vocal about his desire to pursue deals in countries he believes suffer from an excess of market competition, including Spain, Italy and the UK.
The exact structure being discussed between Vodafone and CK Hutchison could not be learnt, though Read has said on many occasions that he is focused on pursuing combinations more than outright purchases, given his ambitions to reduce the group’s debt.
Earlier this year, analysts at Enders Analysis noted that Vodafone’s “lack of funding capacity” suggested that in the UK it could look to “form a joint venture with the potential to contribute additional debt or receive cash equalisation payments to assist with leverage reduction”.
Analysts had previously speculated that Vodafone could seek to buy Three but noted that it would need to meet CK Hutchison’s hefty price expectations for the privilege of consolidating the UK mobile market.
I hate to break it to you Robleo, but it looks like the FTSE is going to give up all of yesterday's gains and possibly more. The down days have been very emphatic since last Thursday, and the rallies rather unconvincing. I still don't think monumental stagflation and recession have been reflected in the price of the FTSE. With US markets tanking and crypto going into meltdown, the FTSE may outperform in relative terms, but the direction still looks like it's going to be down.
If the cycle of raising interest rates to induce a recession to crash commodity prices and demand to curb inflation really does unfold, then the FTSE could have a lot further to fall. It may not be as dramatic as tech/growth stocks, as initially oil/mining companies will prop up the FTSE, but once a recession starts and commodity prices start coming down then the decline in the FTSE will accelerate.
VOD ADR finished 2% down yesterday near the lows of the day and near Nov 21 lows. This really is starting to shape up into a perfect storm for markets generally and VOD. Results are due next week, and if they aren't great then this could drop from already low levels, plus there's the ex dividend drop a few weeks later. If there's any hint of the dividend being cut then this could get very messy, very quickly.
I obviously don't have a crystal ball to know what the results are going to be like, or if there are going to be any pleasant surprises in the macro economic picture that could turn sentiment, but right now there are some serious risks out there. If they pan out then share prices will fall well below fair value, as bear market corrections always overshoot, although the extent and timing of the fall will be impossible to predict. I know a few people have mentioned and I've talked about spreadbetting, but be very, very careful using any kind of leverage at the moment as you could end up losing the lot.
I'm sorry to be such a harbinger of doom, but whatever your situation and strategy is then make sure you've considered these risks and how you are going to deal with them.
Vodafone in talks to combine UK arm with CK Hutchison’s Three
Latest effort to consolidate British mobile telecoms comes as activist investor exerts pressure
https://www.ft.com/content/c4f9aac3-94f0-4d4b-ae9b-5b9e97fbc2d1
Nice to see the ftse up the last cple of days. Re: funds and shares, a mixture of both has been good for me, have bought and sold a lot of funds since 2014 sold some off so now left with the 7 that have been the best performers for me over the years, some of the profit i built up has been reducing over the last few months, but hopefully that will reverse at some point, but pretty much the same with the shares, the good ones pay a good dividend and give a little gain on the capital, but also there's shares where you lose more on the capital than you gain on dividends, so maybe a bit of a mixture could be best, unless your very good at picking all winning shares
The lord of the vodafone boards - as in you daniel - as in god help anybody who posts anything negative . Most people just ignore posts that they consider talk rubbish - you - no you have to have a go at them - only one person with a massive granite rock on their shoulder not a chip and thats you .
Mikey. Just try & come up with something at least slightly intelligent? What is the Lord of the Vodafone Boards supposed to mean? Come on Mikey, just try & come with something intelligent for a change, otherwise why bother? You clearly resent anybody who may be more clever than you? Nick Read for example. Get that chip off your shoulder?
I used to have a Ford Anglia, & I think a mole-man's £140 full tanks worth would have lasted longer than my car did? Now though I have a sensible, cheap to run, get from a to b car. A Ford K.A. O.K. when you all stop laughing, I don't need to prove anything anymore, because nobody believes me anyway?!
My problem is the Lord of the Vodafone Boards - Danieh !!!!!!
So who should replace him then Mikey? Sorry, but if you came up with something constructive for a change, that might help? It has nothing to do with selective reading, as you always come up with same old comments all the time, so nothing much to select from. If you wan't to be taken seriously as an ex employee(retired) with one vodafone share, then come up with something other than "1/10 this will end in the red, sack Nick Read, blame the Yanks, E.T.C. E.T.C. If you can't be bothered to reply, then I think we all know what your problem is?
Bentley by the sounds of it, can't get that much fuel in my ford anglia, how the other half live hey, I will hold back on my judgement untill results day
Good luck
mole-man. Sounds like you drive a big car/tank then? I could not get £70 worth in my car. What have you got??
Dear dear - you seem to have very selective reading . As i stated I retired - last time i looked retired is not the same as resigned or sacked !!!!
I certainly do not have a chip on my shoulder or and axe to grind - as I also said Vodafone is a great company to work for with some great people working for them .
I do believe though that Reid is not the right leader for the company , he has done nothing since he took over and its not just me as an ex employee who thinks that.
Never mind you just keep your selective reading !!!!!!