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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: 74.18
Bid: 74.36
Ask: 74.40
Change: -1.14 (-1.51%)
Spread: 0.04 (0.054%)
Open: 75.18
High: 75.84
Low: 74.18
Prev. Close: 75.32
VOD Live PriceLast checked at -

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Sunday share tips: Vodafone, Sabre Insurance, 3i Infrastructure

Sun, 14th Oct 2018 16:25

(Sharecast News) - A round-up of Sunday's newspaper share tips, including Sabre Insurance in the Mail on Sunday and Vodafone in the Sunday Times.Vodafone was tipped as a 'buy' in the Sunday Times' Inside the City column, with the mobile telecoms giant down 35.4% this year and unusually trading at a discount to its European peers. Concerns for investor have been the investment needed to buy 5G mobile airwave spectrum and plans to acquire European cable networks from Liberty Global. Then chief executive Vittorio Colao quit and new worries reared their heads about tougher Southern European competition.October's auction of Italian spectrum saw Vodafone forced to splash out €2.4bn, more than the previous guidance for €1.2bn spending over the entire year. Analysts have since cast doubts on the company's generous dividend, with the shares yielding above 8%.But now, with the shares at their lowest level since the summer of 2009, "the risks are more than priced in", the column said. Analysts at Citi feel there is no imminent risk to the dividend, while those at Redburn say current forecasts for full year underlying profits of €13.9bn, a 5% downgrade from €14.6bn previous expectations, is not too shabby.Midas in the Mail on Sunday tipped Sabre Insurance Group. Sabre, which floated on London's main market last December, offers insurance through a network of more than 1,000 brokers and direct to customers through three brands Go Girl, Insure2Drive and Drive Smart. It has a bias towards the higher average premium segment, specialising in policies other insurers steer clear of, such as top of the range sports cars, teenage drivers and inner-city locations. Management believe Sabre's diversified book of business and a broad underwriting footprint offers an advantage through its proprietary pricing model and focus on data.This focus means Sabre's average annual premium is £700, well above the average £400 seen in the rest of the motor market, while one annual premium was sold for £30,000 recently and each week there are dozens topping £4,000. By avoiding the busy industry traffic at the safer end of the market, where insurers chase new business on price comparison websites, while Sabre "does not chase business for the sake of increasing sales". Sabre's premiums offered reflect the risks that the group is taking and as it is often not facing much competition at its chosen area of the market, it can charge higher prices and still win business profitably.A trading statement last week pointed to an expected full year combined ratio better than its mid-70%'s target, with strong organic capital generation supporting "the potential for an attractive full-year dividend". Analysts forecast £63.7m profits this year, rising to £67.6m next year, with an ordinary dividend of 14.6p for 2018, climbing to 15.3p in 2019, with the possibility of a special dividend.3i Infrastructure is a risk worth taking right now, said Questor in the Sunday Telegraph, citing the "strong balance sheet" offering the "strength for further investment".A trading update at the end of last month by the private equity style fund followed a period where it committed to invest €220m in lecoms operator Tampnet, also completing and syndicating half its initial investment in Attero, retaining a stake of around €100m.Existing commitments of €45m funded renewable energy firm Valorem's development pipeline, La Santé prison in France and A9 motorway in the Netherlands as they move towards operational status.Total income and non-income cash was £132m, with the company on track to deliver its full-year dividend target of 8.65p per share, with a cash balance of £126m at 27 September and an undrawn £283m bank facility. Please note: Digital Look/Sharecast/WebFG provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look/Sharecast/WebFG 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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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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22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

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22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

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22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

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22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

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18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

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