Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Accolade this week goes to double bubble Newsid two weeks on the bounce well done
Vod closing Sp 71.62p
Speech Speech Newsid
Full list will follow
Enjoy sunshine and football
U9
''I believe most companies would want to sugarcoat this part to look in the best possible light''
??
Have you not heard of Ernst & Young
Porsche, don’t sit on the fence tell us what you really think :-)
PS: Especially the Q&A section. And kudos to those who asked the GOOD questions. Topped up earlier because of what I heard.
Wen will we evver gett backe too 80p agane
Vod way over valued at .70p, declining g business model, stitched up with the German business at a crazy price, dogshxt management and riddled with debt, and listed on the worst index in the world….its a .40p stock in the next market sell off. Expect dividend to be constantly cut before being suspended, this company will end up in the hands of bondholders.
Thanks danielh, You are correct, this ratio is helpful, but only on paper, I can only believe that the share price will eventually catch up and you are bsolutely right that the book value is an estimate. In fact I believe most companies would want to sugarcoat this part to look in the best possible light. And you are right about the market sentiment. In terms of my holding I have bought at 90p at first and them bought more at ~69p a few months back. Even at 90p I believed it was a bargain.
Lloyds bank and Marstons, just another 2 examples where the market cap is way below net assets.
A business could have little in the way of assets but be highly profitable and another business could be asset rich but making very little profit.
Net assets and profitability are 2 of the factors that the market would take into account when valuing a business.
L.T.I. If vods net assets are 60 billion euro's, why is the market cap much lower? That is the 60 billion euro question?
We all know that vod is way undervalued, but the question is why? But you can't ignore the market cap or the share price. The problem with assets, is they can fall in value very fast. Buy if you feel lucky, vod is worth at least £1 -£1.50 per share in my oppinion, but if the market thinks otherwise, then you could be in trouble. I assume unlucky investor is buying a shed load at this bargain price??, or is he just always unlucky ?? A bargain. A strong buy.
U9
''I want to chip in if someone is interested''
LTI
18 Jun 2024 16:11
''Vodafone net assets are about 60 Billion Euro''
It would be nice
I want to chip in if someone is interested, market cap on its own is not particularly helpful, but if you look at market cap to book value ratio you can draw better conclusions. It is also called price to book ratio, and book value is what company’s financial statement claims the company assets are worth. P to B ratio above 1 is trending towards overpriced category, but in case of Vodafone this ratio is currently at around 0.36 which suggests that on paper the share price is a pretty good bargain.
After going negative. Can we go up on Friday?
How is everyone debating about market cap. that is the real question.
Hoping for a news update
narcus. i will repeat. if the number of outstanding shares remains the same, the market cap will increase by the same as the sp. 1.42 per cent today.. forget *** packets, we all know the p/c computor police on here are stupid. try saying the football team ****nal or a ****tail drink. market cap is the sp times the outstanding shares according to most sources. just look it up please. obviously the market cap is at a given time. sp times outstanding shares.
.
Nar
''everyone knows is incorrect''
??
No one knows if shares have been purchased until an rns is released
''they are buying millions everyday''
yes shares will be bought if within set criteria programmed into the Algorithm - not a great deal bought today. Got a couple of years at least of these buybacks.
Total planned spend equates to about 18% of the current market cap.
We live in a world where i cant use an abbreviation for a cigarette, I'm done
lol making an assumption everyone knows is incorrect to make a mute point is a little disingenuous. they are buying millions everyday, i'll ask marg to stop buying for a day so these *** packet calcs are ok
Nar
dan said -
''so assuming the number of shares outstanding is the same as yesterday''
3,303,074 shares were repurchased today
Heh Dan, why would the mc go up by 1.42 if Vod Bod have bought a shed load of shares for treasury that apparently are not part of the calculalation and will therefore have ro be removed from your calc ?
ForensicBloo. Some people just love having an argument over nothing. Investopedia is correct of course, but it can be confusing. Time to move on. Have a good day everybody. SP up 1.42% today, so assuming the number of shares outstanding is the same as yesterday, the market cap has increased by 1.42% as well!