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£3-£4bn in EBITDA after the 1 April 7.9% increase is possible
Turnover up to close to £50bn, some flowing through to the bottom line
Cheers mate, you too
Xxx. I think you are right & their share buys are a very good sign. Your pension dash for cash though sounds a bit supprising if you don't mind me saying so as you sound quite bullish. I would not want to be out of the U.K. stock market at the moment as I think it is catch up time. Of course I have been wrong in the past, so who knows. Have a good week.
"Surely you wouldn’t invest such large sums unless you were very confident of significant life changing gains.
I think 90-£1 achievable after a good update 14 may then upward from there. I’d be over the moon with £1-£1.30 this year plus dividends. No building society will beat those returns"
What sort of good results are expected to push the price up to those levels?
I suspect the directors will expect to see steady gains over the next few years if all goes according to plan. Certainly very unlikely to be expecting anything transformative in the next few months or even this year, otherwise the buys would look very dodgy. It's a good vote of confidence in their belief in the future direction over the coming years.
I expect the CMA to announce a phase 2 investigation into the Vodafone/3 merger this week, so wouldn't be surprised if the UK results echo those of 3 to hammer home their case for the merger and I don't see anything other than incremental changes from the last set of results in the hope that they will meet this years targets but happy to be surprised.
It will certainly be interesting to see where the remaining Vodafone Spain/Italy money is going to be spent.
Dan, I better correct that, the ongoing charge for that fund is 0.08% which is very low
Dan, Maybe it’s just me, but over the years I’ve had a better return from funds than I’ve been able to achieve from shares
If it’s of any interest to you or anyone else I have listed my funds below I use H/L website, you can check the performance charts over the last 5 years plus the ongoing charges, I choose low cost tracker funds
Charges, as you know hl are not the cheapest, there is a holding charge of 0.45% for holding funds and shares, so no difference there
Legal & general funds have very low charges, for instance
Legal & general international index fund, had accumulative growth of 85% over the last 5 years and the ongoing charges are 0.85 %
Also there are no charges for buying or selling funds with hl
As for Vodafone, I would be happy just to see it pushing towards 80p for now, let’s hope xxx is right
Leg&gen international index/fidelity index world/fundsmith equity/hl select uk growth/leg&gen future world/leg&gen global technology/leg&gen global 100 index/leg&gen us index/rathbone global opportunities/
Danielh, take your point but I suspect their outgoings and pension Contributions swallow up most of that. £2m in ‘cash’ is a vast amount of money to gamble in the stock market. They must be very confident of something.
We’ll see what soon
XxxAccountant. If they are on£1million, £1/2 million after tax, then as a proportion of annual income my investment in vodafone based my income of about £25k is about 4 times as much as there £1million investment. It is not that much, but a good sign of course. I am sure it is peanuts compared to the value of there house. Keep up the bullish comments though please. Good luck.
Rob. A 70% return over the last 5 years sounds good, but are you including costs? If so, you have made about 12% A.P.R. Don't forget charges//costs though. Can it be that the U.K. will overtake the rest of the world?? Catch up time?? Anyway it sounds like you have done very well, so I hope you continue to do so.
Anegada, The reason i suggested you do a comparison for yourself is because you said you wanted a long term investment for a child, I manage my own pension in a sipp with HL, and i have 9 funds in my portfolio 8 international and one UK based, in my opinion they are generally less volatile than individual shares and in many cases can outperform ,most of my funds have returned around 70% growth in the last 5 years apart from one which has retuned 37% it's probably no surprise to most that the poorest performer is the UK fund with HL, if you want to do a comparison for yourself my two core holdings are Fundsmith and legal & general international index, but there are hundreds to choose from, keep in mind it's much easier to look up how how a fund or share has performed in the past than it is to predict how they will perform in the future, just an alternative for you to think about
best of luck
I’m with Aegon, they have a cash fund earning 0.3% interest. Appreciate it’s pathetic but don’t trust bonds. After the last two financial crisis I hadn’t realised you can lose money in bonds. That’s just a personal thing. Most financial advisors would recommend them with 5% yield I suspect. I’m taking a calculated gamble that stocks will correct or crash then I’ll be 100% back into a FTSE tracker. Fingers crossed I’ll be able to shorten my retirement target. I am 50 and hoping to retire at 57 IF, and it’s a big if, the stock market crashes and I make money on the next boom cycle.
I’m trying to be clever but could back fire.
XxxAccountant - thanks for the response, I was interested to hear the movement of your pension to cash, can I ask how close you are to retirement? Do you mean actual cash or bonds/guilts? My main workplace pension is heavily in the LGIM Future World Global Equity Index Fund as of November last year prior to that it was in a 60% uk/40% overseas LGIM fund mainly moved due to pension fund changes. I can see some are commenting that the FTSE may be heading for a fall also, athough its recent climbs seem to be small compared to the S&P as you mention. Are any other index trackers worth a consideration like Japan?
Any movement of my pension to cash is a very long winded manual affair which limits my ability to act in haste which may not be a bad thing. I can ride out 5 years before retirememt if the market makes a dip (but I am not young). The immediate need is to make better investment decisions with my cash isas (mine and my childs) and cash on hand currently but if I read you correctly you are moving to cash on your main investment (pension) while still trying to grow investments regarding your share activity. I have some in RR, I have some in my ISA which I held but also had some outside of my ISA which I sold before the CG limit reduces, not sure where it is headed but wondering if it is running out of steam. Sorry to other readers as this is a VOD forum, Thanks
Robleo - thanks happy for any information, can you expand a little please re "you may want to consider the 5 or 10 year return on an international fund against your expected returns on any individual dividend share". From what I understand specific shares if picked well may generate a larger % return, however an investment trust or index tracker etf etc may be a less risky more and need less eyes on (but they seem quite high at the moment). If those specific shares did well I would look to hold them until any possible index fund retrace and then swap back out for ease of investment (and continue in that kind of pattern). thanks
The simple way I look at it is, the investments made by board members were so large they obviously can see positive times ahead. Vod is well overdue a re rate.
Surely you wouldn’t invest such large sums unless you were very confident of significant life changing gains.
I think 90-£1 achievable after a good update 14 may then upward from there. I’d be over the moon with £1-£1.30 this year plus dividends. No building society will beat those returns
I agree with your valuation assessment xxxAccountant , I too topped up Friday and see strong gains at this level £1 - £1.30 is a strong possibility this year.
No problem, I’m certainly no expert but have been reading and researching some time now so hopefully useful advice
I have transferred my pensions into cash for now, as I believe the major indices could correct this year but many of the so called experts say they’ll keep rising. Who knows.
In the FT this week they are saying uk shares are the most undervalued and US investors are now starting to put their money into the FTSE. I know vanguard do some good trackers at low cost so could be worth looking at them.
If a selection of individual stocks with high yields, experts are saying rolls Royce, legal and general and others are good places to invest but think trackers are far less risky for your pension
My personal view is the S&P and Nasdaq have come so far so quickly they will surely correct or crash at some point.
Anegada, If you don't mind me just making a suggestion, you may want to consider the 5 or 10 year return on an international fund against your expected returns on any individual dividend share
XxxAccountant - appreciate the thoughts. One more if you have time please, I have a very small amount in S&P trackers as the majority of my work place pension was shifted to S&P trackers as of Nov last year so feel a bit over exposed in this area. Do you use/see any trackers that might have more growth left in them? I have sums in cash ISA's that are losing out to inflation. Looking to balance shares v funds so I can play with the shares while leaving the trackers over time.
Morning, I bought quite a few Friday at 70p, I think £1-£1.30 is possible this year.
I also have money in MCG at 66p. It’s much higher risk. Could drop to 55p but will recover or if gets taken over or debt cleared could hit £1-£2
Also looking to add Currys below 60p
I’m no expert but managed to grow my portfolio 15% so far this year
Hope that helps?
XxxAccountant, are you already in VOD or planning to enter? I ask really to enquire what your view is on a reasonable entry price. I am trying to add a few stocks to my childs ISA before end of the tax year. Any view on stocks might still have a fair way to climb after being depressed please?
Dan, That's exactly what I wanted to hear, let's hope so then
Cheers
I disagree, they’re on £1m packages pa before tax. This is an awful lot of money they’re gambling. OR is it a gamble. I do t think so
Rob, I think we will see a big improvement this year, £1 by the year end is my prediction. The divi cut next year may be wise in the long run. I am even thinking of topping up after 5 April new tax year into an I.S.A. xxxAccountant sounds very bullish, I just hope he is right. I suspect though, the directors houses are worth far more than there recent investment's in vod shares. For a director in vod to invest £1 million is not a lot, but I wish them luck!
The recession was pretty mild and I think people wouldn’t down grade their internet and phones.
I think we’ll be fine
Great results to come
Dan, as a very long hold investor, i expect a better prediction from you, seriously though just making everyone aware of the next hurdle here, good results will give this a bit of a boost and bring confidence, bad results will obviously do the opposite
just something to be aware of
xxx, do keep in mind there has been a recession