The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
mole-man. I am sorry my question drew criticism, but although I disagree with your negative stanch, I welcome your opinion. As for comparing you to Mikey, that is ludicrous, & a total insult to you.
Here we go , slowly slowly down we go
The real party pooper is Starlink….
Only good things lie ahead short term and divident this week. FAB.
very encouraging q and a video call by vodafone. Can see lot of analysts who were asking the questions to nick read upgrading vodafone in next couple days.
(Alliance News) - GOLDMAN RAISES VODAFONE PRICE TARGET TO 185 (180) PENCE - 'CONVICTION BUY LIST'
LONDON (Reuters) - Vodafone boss Nick Read said on Wednesday he was in talks with "multiple parties in multiple markets" to pursue deals because he believed that in-market consolidation could drive greater shareholder value.
He listed Spain, Italy, UK and Portugal as markets that would benefit from consolidation to reduce the number of operators.
Read, talking to reporters following a trading update and the news that activist investor Cevian Capital had taken a stake in the firm, said he believed that policy makers understood the importance of consolidation, a move that could enable operators to lower costs and invest more in their networks.
He said he needed other parties to be pragmatic and realistic on valuations, and said for the spun-out towers business a combination with Deutsche Telekom would be ideal.
"It's a pure-and-simple utility and deserves to be valued as such. Don't be fooled!"
You're correct in nearly everything you've posted, but nothing you've said suggests that Vodafone isn't currently undervalued. How do you know that Vodafone wont climb back into the £2 plus area in the next year, or two? You can often see re-ratings of undervalued sectors, and individual stocks, leading to significant raising of stock prices. I believe Telecoms is currently underrated, with the big market players forcing many strong telecom companies into the value bucket, and collecting stock on the quiet, just my opinion.
IOT and increasing bandwidth requirements will become prominent in the next ten years. Clearly Telecom and Cloud networks, in their current form, wont be able to cope with the increased bandwidth requirements of 5G and FTTP, so they'll have to find some sort of distributed Cloud server model, where the servers will need to close to users. Since the networks will eventually have to deal with continuous throughput of thousands of Petabytes per second, a cloud server model with servers in other countries, or even regions wont work, and I believe the Telecom companies will get big opportunities around hosting, since they're located geographically local to their customers; Even if the Telecom comanies don't grab all the cloud business, there'd be substantial revenue from connectivity to the required server farms. As far as IOT is concerned, latency is really important when it comes to monitoring and control, things like driverless cars and traffic control systems, so again the servers need to be close to the user equipment.
In my opinion, Telecom providers will become ever more important, and required, as time goes on, and Network Bandwidth ramps up tipping into continuous thousands of Petabyte throughputs. Clearly a server in Iceland, serving customers in the UK, wont cut it once the Continous Network bandwidth's hit a certain point.
Perhaps if you bothered to read the reports and results your ignorance would lifted. Your comments apply to the "Jo do" retail subscriber, probably someone like you who just wants "Sim only" and would go to Tesco mobile to save 50p/week. This has jot-all to do with their growth which comes from Vodafone Group- "The internet of things" ie everything gradually getting connected. When your BMW crashes and you are incapacitated the air bags deploy, the "built-in sim" automatically informs the emergency services that you need help and your exact location in practically EVERY country in the world automatically. Do you think the MVNOs can do things like that? the ones that are 50p cheaper? Growth is coming from connectivity of millions of devices that need connection but not a human person with a physical sim
You remind me of the American author and self-proclaimed genius Kirk Spano, who has been dumping his oil stocks at the worst possible time, March 2020, and recommending everyone to do the same as oil would never again cost more than $60/bl. Because there 's so much competition, you know, and shale would keep a cap on each potential rise...
For years I've been mystified why VOD is considered to be a tech-stock. It's in a business which sells products that are 100% indistinguishable from it's competitors - a phone signal, a variety of smart-phones and a wifi-signal. No different from the electricity, gas and water products we buy from utility companies.
Utilities are bought almost totally on price. VOD has lots of competition. The Competition Watchdogs will never permit it to dominate the market. So where's all this "growth" coming from? You'll see no growth from a perpetual dog-eat-dog battle for market share, based on price, which makes no-one rich and some a lot poorer. As Buzby points out below; the market is up 1,000 points in 12 months and VOD's closing SP yesterday was just a fraction of a penny higher at 127p and change, from last February.
Nothing has changed in 20 years. They took over Mannesmann for £105 billion and today the combined entity is valued at £35 billion. Is this a record for Plc value-destruction? IMO, this stock is for dividend coupon clippers and traders only, as it meanders from lows around 110p, when pessimism predominates, to highs around 150p as the optimists get carried away by the promises of "Jam Tomorrow" from the latest CEO's half-yearly dollop of sweet-talk to the gullible.
It's a pure-and-simple utility and deserves to be valued as such. Don't be fooled!
Vodafone have their q and a at 10am that you can register for on their investor relations page. Im sure a lot of questions will be asked by analysts / press on their creating value through portfolio changes, that may be a mkt mover.
Good steady as she goes results with a few hints of excitement with ‘portfolio changes’ and the cracking growth in Mpesa and IoT.
Happy keeping my core holding and seeing how this year pans out.
I was looking at 1 year chart on Vodafone and interesting
2nd feb 21 price was 127.74 then there results came out and price closed next day 134,8 followed by another rise following day to 135.8 before coming off
However since then ftse is up 1000 points and Vodafone have increased revenue and profit and there’s activist and growth actions.
The share price was cheap then and therefore even cheaper now compared to even ftse let alone snp
BFW 02/02 06:59 Vodafone Sees Earnings in Line With Expectations
BFW 02/02 06:59 Vodafone 3Q Organic Service Revenue Beats Estimates
RNS 02/02 06:59 Vodafone Group Plc VOD Vodafone - Q3 FY22 Trading Update
BN 02/02 06:59 *VODAFONE 3Q REV. EU11.68B, EST. EU11.53B (2 EST.)
BN 02/02 06:59 *VODAFONE 3Q ORGANIC SERVICE REV. +2.7%, EST. +2.2%
BN 02/02 07:00 *VODAFONE REAFFIRMING FY22 GUIDANCE
BN 02/02 07:00 *VODAFONE 3Q ORGANIC SERVICE REV. +2.7%, EST. +2.2%
BN 02/02 07:00 *VODAFONE STILL SEES FY ADJ. EBITDA AL EU15.2B TO EU15.4B
BN 02/02 07:01 *VODAFONE STILL SEES FY ADJ FREE CASH FLOW AT LEAST EU5.3B
BN 02/02 07:01 *VODAFONE COMMITTED TO CREATING VALUE THROUGH PORTFOLIO ACTIONS
________________________________________
Vodafone 3Q Organic Service Revenue Beats Estimates
2022-02-02 07:02:36.212 GMT
By Charles Capel and Bloomberg Automation
(Bloomberg) -- Vodafone reported organic service revenue
for the third quarter that beat the average analyst estimate.
THIRD QUARTER RESULTS
* Organic service revenue +2.7%, estimate +2.2% (Bloomberg
Consensus)
** U.K. service revenue EU1.29 billion, estimate EU1.29 billion
** Germany service revenue EU2.94 billion, estimate EU2.93
billion
** Spain service revenue EU940 million, estimate EU933.4 million
** Italy service revenue EU1.11 billion, estimate EU1.11 billion
* Revenue EU11.68 billion, estimate EU11.53 billion (2
estimates)
* Service revenue EU9.65 billion, estimate EU9.62 billion
YEAR FORECAST
* Still sees adjusted Ebitda after leases EU15.2 billion to
EU15.4 billion, estimate EU15.19 billion
* Still sees adjusted free cash flow at least EU5.3 billion
COMMENTARY AND CONTEXT
* Reaffirming Fy22 Guidance
* Committed to Creating Value Through Portfolio Actions
NOTE
* For Bloomberg Consensus estimates used in this story see: VOD
LN Equity MODL
* 23 buys, 1 hold, 1 sell
Looks like an in-line job at first glance
https://investors.vodafone.com/sites/vodafone-ir/files/result_document/q3-fy22/Vodafone-FY22-Q3-Trading-Update.pdf
https://investors.vodafone.com/sites/vodafone-ir/files/result_document/q3-fy22/Vodafone-FY22-Q3-Presentation.pdf
I have bought 10 tranches of Vodafone mostly in batches of 10 to 12k in terms of number of shares. The lowest price is 1.10 with most in the 1.12-1.20 range with a bad one at 1,34.
13-Mar-2020 Vodafone 10000 1 1.101796
20-Mar-2020 Vodafone 10000 2 1.175526
24-Mar-2020 Vodafone 7130 3 1.127636
25-Mar-2020 Vodafone 10009 4 1.152154
27-Mar-2020 Vodafone 10408 5 1.146194
27-Mar-2020 Vodafone 12404 6 1.202329
7-Apr-2020 Vodafone 10021 7 1.190422
18-Nov-2020 Vodafone 10100 8 1.2296
25-Nov-2020 Vodafone 10346 9 1.2492
5-Feb-2021 Vodafone 9989 10 1.342912
As of COP yesterday when you include the 4 dividends received ( inc tomorrow's) this represents a part paper profit of 18%. I say part because the dividends received have been real. The only tranche in the red is the last one, I would say for all the frustrations and snakes with long ladders it has been pretty good and upwards from here. To suggest Vod is a buy only below a £1 is disingenuous and frankly ridiculous, good look with your hard earned 9%
mole_man99 why only £1 - especially with a 6% divi, why not short elsewhere and give LTH a break from the Mikeyh norm, this is a serious business and deserves a lot more respect that the trash can bandits. Where would Europe have been in lockdown without Mobile connectivity - I'm bored with it - the Sp is up +16% FFS its NOT WORKING - add some depth. GLA GN or context - it could sell Vantage Towers on a +25 PE and half debt losing $1bn Net income contribution - Different business - One deal - Hence Cevian - easy plot - you-se guys will get burned... HNY Please stop the shallow good cop bad cop - it's not working Sp £1.25 not £1.06 ffs
It's interesting to see some shareholder action, but my own buy price is still below £1. If they come up with a plan that convinces me of consistent earnings growth I may change that.
Hi Dan, thanks for that information on lse ISA, will take a look at that, we will get a better idea what the sp is worth tomorrow , fingers crossed for good results
GLA
mole-man. Sorry , but I am not quite sure what the point of your last two posts was. Are you saying despite the Cevian intervention vod is still a bad investment at the current sp?, what do you think is a fair sp?
Peter Schoenfeld, founder of New York-based hedge fund PSAM, told the Financial Times that he welcomed the arrival of Cevian.
"It's long overdue that a shareholder holds the board accountable for its past actions and inaction," he said.
FT
One of Vodafone's biggest shareholders Abrdn PLC (ABDN) has hailed an activist campaign aimed at improving the telecoms company's performance as "very sensible", as another investor said the move was "long overdue".