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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

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Sunday share tips: Majestic Wine, TalkTalk, Vodafone, Van Elle

Sun, 13th Nov 2016 13:25

(ShareCast News) - Buy Majestic Wine shares, recommended the Sunday Times' Inside the City column, after their halving over the last two years. New chief executive Rowan Gormley took over with a turnaround objective after a series of profit warnings, the latest in September. He has set a target of driving sales around £100m higher to above £500m in three years' time, with a return to dividends in 2017.Announcing half-year numbers in the coming week will give the South African the change to give some encouraging news on the early stages of his strategy, which has included a shift in investment from openings to incentivising and training staff. The long-held six-bottle minimum has been shelved too. While the lack of a profit target creates some doubt, this is a turnaround that could bear fruit.Hold onto shares in Vodafone and TalkTalk said Questor in the Sunday Telegraph after both have lost ground in recent months. TalkTalk has lost more than a quarter of their value since hitting a year's high in April and almost 50% since last year's all-time peak. It is positioned to customers as a value player in the telecoms market but as the recent simplification of its offer leads to revenues being boosted, it is facing likely cost pressures from the need to invest in high-speed broadband infrastructure. Although in the long term this should be good news, the dividend could be hit by a fifth in the next financial year.Vodafone has begun to offer customer discounts is it uses its wide fixed-line coverage to try and grow market share outside its historic mobile core business. Tuesday's interim numbers are expected to show sales growth down below 2%, with competitive pressure in India a factor.Shares in newly listed Van Elle were tipped as worth buying by Midas in the Mail on Sunday. The ground engineering services provider, which floated last month, has a strong record of profitable growth in the three decades as a private company, culminating in £10.7m pre-tax made from £84m sales this year. Building on its roots as a residential foundations specialist, Van Elle has developed a number of innovative products to help it complete jobs more efficiently.Founder and now chairman Mike Ellis holds a 20% stake and chief executive Jon Fenton retained 7% after the float, which the company maintained despite several others being pulled amid the political and economic uncertainty of recent months. With the UK government's commitment to housebuilding and infrastructure, Van Elle's customer base that includes Network Rail, housebuilders Bovis and Bellway and construction groups like Balfour Beatty and Morgan Sindall, should see plenty of work. A dividend is on the cards too.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only and not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

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2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

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16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

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16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

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28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

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26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

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26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

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26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

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