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I have a daily ritual of kicking myself hard for not piling into RR when it was 68p. It was obvious that it's scale and revenue and it's criticality to national infrastructure would mean it wouldn't fail. But soooo many people were calling it a dog or doomed, people that had ridden it all the way down to its final support level.
VOD is paying 11% dividend. Has asset disposal options to pay down debt. No one is stopping using mobile networks soon and it's merger with Three will create organisation savings, reduce investment costs, and bring competition to the wholesale marketplace.
Just like RR if you have ridden it all the way down to here from it's previous highs then it will appear to be a dog. Buying from hear with the yield, financials, and as a recovery play may have a certain amount of pedigree, chum 😂
I had a few before xd, just more than doubled my holding.
If you are trying to add more shares to your holding why didn’t you buy after ex day?
I did. I had a bit in pre xd, now have a lot more. Xd usually drops the price by more than the dividend I agree, but sometimes not so hedged my bets a bit.
RR became not a dog when that new CEO came in and told staff and shareholders it’s a dumpster fire and if they don’t change they will lose everything.
Been waiting for VOD to have its RR moment. There was a chance when they parted with Nick Read, but instead replaced him with a clone following the same broken strategy.
Little hope here to protect your div from capital decline until they change, is my view.
Mkt cap £19bn, FY24 FCF forecast £3.3Bn.
how the **** has she still got her job as ceo? shes taken the share price down from 97 and now going into the 60s. ffs sack her before we go into the 50s
And how would that help dave? Who is going to put their hand up to be CEO of a sh*t company , as you put it and risk their reputation and career? We've tried this with prime ministers since brexit and it has'nt worked. At least lizz Truss spoke the truth and had a plan. What she didn't gauge was just how much were at the mercy of our creditors! We need to give Margarita time rather than change, change, change. Does'nt work imo.
she's had her chance, she was cfo for years at vod. i do agree shes only there because no one else wanted the job. either way **** me she's really ****ed up. wait for the div cut which is coming for sure
"she's had her chance, she was cfo for years at vod. i do agree shes only there because no one else wanted the job. either way **** me she's really ****ed up. wait for the div cut which is coming for sure"
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You really underestimate her skills and leadership style. This is not a quick turn around. More like a tanker trying to turn things around, which is exactly what she is doing.
A lot of people on here have never run their own businesses or taken any significant risks, yet they have a lot of opinions without the experience or knowledge to back it up!
You don't like this share, get off and all the best.
Top up in let’s see what this dog can do.
I topped up this morning too, 28,275 shares at 70.3432p. I'd been hanging on for it to dip below 70p, but was in a rush to get out so thought F'k it. The top decision had nothing to do with the dividend yield, it was purely about bringing down the average cost per share, it reduced the average by 19p a share.
CEO should be measured on business performance not the share price. If they manage to generate the £3.3Bn FCF and reduce debt in the second half then she will have earned her crust.
IMHO the turnaround here lies in the second of the corporate priorities, simplicity. A simplified business focused on core markets and offerings should be simpler for investors to understand and management to operate. If they can divest the difficult market positions and use cash generated to reduce debt then all good. Spain next, would be nice to see that sold and the money used to pay down debt.
Well done fleccy. It looked like they might dip below 70, but a good recovery, so lucky you. Of course tommorow they may fall, but I hope not. Is lowering your average wise (chasing your losses) I don't know, but let's hope so. Good luck to you & all vod shareholders. Don't be swayed by the nut cases on here!
Jax. Are you seriously saying you have topped up? Dump & pump? or pump & dump, make your mind up?
Yep sold at 79 back in with half at 70
Other half in a 5% instant access ready and waiting
Jax the dump it & pump it. At least we all know now. good luck to you?
Words on here count for nothing - pump dump whatever it’s
just bants but this is a proven dog
I guess the big fear here is that it won't recover. TBH, I'm starting to get concerned as there is zero sign of any kind of turnaround in the SP. It's going to be in the 60s tomorrow potentially and unlike RR there's no obvious catalyst for a big uptick. RR was able to recover due to its revenue exponentially increasing once wide body jets started flying again but VOD's operation is in full swing yet the trend is ever downwards. It really is a shocker. I mean if the market was confident in Margherita's plan you'd think there would be at least some recovery but as this is not the case it implies that Mr. Market is not impressed with her efforts so far. Time for her to go?
"Of course tommorow they may fall, but I hope not. Is lowering your average wise (chasing your losses)"
I have a calculator on a Google spreadsheet that looks at our current holdings, across the different accounts, as well as the live prices and the amount I want to top up; The calculator has the following fields:
Calculate Number of shares after Top up
Current number of shares
Price per share of current holding
Amount to invest
Current price of Stock
Dealing Charge
Stamp Duty (0.5%)
Number of shares purchased
Total number of shares after purchase
Average price per share after purchase
Book cost of shareholding after purchase
Reduction in average cost per share
% Reduction in average cost per share
Total shares after purchase x Reduction in Avg cost per share
In the case of Vodafone, for a £20,000 top up it told me the number of shares and the average price after top up; And the final field "Total shares after purchase x Reduction in Avg cost per share" returned a figure of over £20, 800, which is actually higher than the amount I was using to top up with. Basically I invested £20,000, but knocked nearly £21,000 off the average cost across our total VOD shares after top up. It's like I invested £20,000 and got nearly £21,000 back, does that make sense?
I'm not bothered what the share price does in the short term, I'm in no hurry to sell.
Jax. Why are you back in at all? If you think it is a dog. Is there something wrong with you??
Fleeces, if you was any good you could do all that in your head like I does.
You is probably slightly special needs.
Fleccy, now you are really starting to worry me mate. You bought 28275 vod shares at70.34 & they are now worth 70.81, a profit of £135, 70.81 minus 70.34 = 47. 47 x 28275 = a profit of £135. Forget your spread sheets, try basic maths. Well done with your £135 profit, but give us a break please? Now wonder many on here are worried, with crazy logic like that!
I can do it in my head Gutter, but my spreadsheet updates every minute for all our holdings and gives me up to the minute changes. It does lots of other things too, not just the calculator I mentioned in this thread.
You should learn how to build spreadsheets Gutter, it makes life much simpler.
Fleecys, it all sounds a bit nerdy.
I spend most of my time lately on eBay trying to get a nice Vauxhall Corsa for £600.
Unfortunately second hand cars has more than doubled since COVID arrived.
Doubt your computer saw that coming.
Nothing crazy about it Daniel, we dropped our average cost per share by 19p a share, multiply that by our new current holding of 109,734 shares and you get £20,849.46. I know it's an unusual way of looking at it, but it's a metric I decided to include when I was deciding where to invest. I also considered BT which came back with an average of £10,697.48 using the same formula, Lloyds came back with an average of £2,365.14. Ok I haven't really received that as a return and I could lose big time if the price drops from here, but that's the chance you take when you invest. Whichever way the price goes from here, every penny equates to an additional £1,097.34 paper gain/loss either way. In basic terms Vodafone saw a reduction in average cost per share nearly double what I'd have seen had I topped up BT, and Lloyds would have only seen a 1p per share reduction had I decided to top up there.
I can't see VOD dropping too far from here, but I said the same thing when it was a £1 and look where it is now, you pay your money and take your chances.