Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 70.46
Bid: 70.63
Ask: 70.66
Change: 0.00 (0.00%)
Spread: 0.03 (0.042%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 70.46
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tuesday tips round-up : Vodafone, Randgold Resources

Tue, 05th Feb 2013 06:44

Investing in Vodafone should be a relatively sedate business. The company has an assured cash-flow, a generous way with dividends and has bounced back from last year´s losses, a note yesterday from Citi saying that its shares have gone far enough notwithstanding. This is because fears that its dividend policy will be cut thereafter seem unfounded; whatever the company's woes in Southern Europe and other more challenging territories, the balance sheet remains strong and there are no obvious acquisition targets of any appreciable size. Neither are any huge surprises expected when the company updates investors next Thursday, The Times´s Tempus explains. That secure dividend yield looks like a good reason for holding the stock, he adds.Mark Bristow, the Chief Executive of Randgold Resources, described 2012 as "a particularly eventful year". Well, yes, an armed insurrection that takes over half of the already unstable African country where most of your cash-producing assets are can concentrate the mind. Then there was a fire over Christmas at its Tongon mine in Ivory Coast, which came after a series of interruptions caused by power cuts. Randgold has just taken a party of analysts to look at its Loulo-Gounkoto mine in Mali, which is at the other end of the country from the unrest, and Numis Securities at least were impressed enough to rate the shares their top pick among mid-cap gold producers. The unrest in Mali led to the shares falling from their peak of £78.05 in October, but, after rising 190p to only £62.75 yesterday, they still look pricey, even if political concerns have largely been assuaged, Tempus believes. As the recent global stock market rally charged ahead, the price of gold companies such as Randgold Resources fell. The African-focused miner posted record full-year sales and profit yesterday but investors are still concerned about the direction of the gold price. They shouldn't be, even if some, such as Goldman Sachs, have said they expect to see falls starting in 2014. This should not be such a problem for Randgold, as production rises and cash flow soars. The company assets are regarded as "tier 1" in the mining industry - the top class. Questor is concerned about valuations after the recent sharp rally and would be reticent about buying any shares at the moment. However, Randgold has underperformed, despite its record numbers and gold should be a beneficiary should investors flee risk in the next few months. Indeed, there were some signs yesterday that Eurozone fears could re-emerge. Buy, says The Telegraph´s Questor team.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 as 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.AB
More News
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

Read more
15 Mar 2024 16:55

LONDON MARKET CLOSE: FTSE closes in red; Reckitt plunges on lawsuit

(Alliance News) - The FTSE 100 in London closed lower on Friday, ahead of a busy week for interest rate decisions.

Read more
15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

Read more
15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.