Member Info for avocet123

Oh no garonne is back in. Here we go again. He is going to moan everyday VOD goes down, because in his mind it should be going up everyday because he's bought some.

Garonne, please stop demanding that the CEO buys VOD shares. She does not need to. Its not her obligation to do so.

Jema isn't very lucky. War follows it everywhere.

It was aimed at KevRow

Yes it uses its own cash. Who else's cash should it use? lol

Where the cash has come from is completely irrelevant, but since you ask, I think its better it comes from the sale of loss leading businesses rather than anywhere else.

What would you do? Sell profit generating businesses and keep those that post losses?

I dont think it makes sense trying to explain this to you any longer. Many have tried, all day, but any its going against a brickwall.

Do you not get that as the shareholder you own a bigger part of the company for every cancelled share?

And there we have it KevRow, because you have just demonstrated that you are confusing market capitalization with book value. Two different things.

But you are not alone, most on here dont seem to get this.

I dont see eye to eye with LTI on many things, but when it comes to buy backs, I share LTI's understanding of the mechanics.

Clearly if the SP is lower, a set amount of cash will buy more shares. The more shares are bought back, the lower the total amount of divi expense, or the reduced share number can pay out an increased divi at the same overall cost.

It also clear that the MC is not affected by the buy back.

Lastly, non performing parts of the company are a liability to Vodafone, not and asset, and as far as Voda are concerned they therefore carry no value, other than asset value.

The problem is when inexperienced posters come onto the board and spread the half truths they have read or misunderstood from elsewhere. They are so convinced they know what they are talking about when clearly they do not.

Down it goes again. Further and further down, every day, day after day.

Gutter, I am very afraid for you that this is going to go a lot higher than where it is today over the next few weeks. Very concerned for you.....

Clearly investors here had rose tinted glasses on when they looked a this first class tier one all singing all dancing asset that is havieron. Truth is no one wants it.

If there was the remotest possibility that it could be proved that the director has knowledge of a takeover it would be a prison sentence, so I don't think so.

45 trades today. I think this share is still so under the radar it's unreal.

What big drop? What's not looking good again?

What tosh is gutter posting again? Waste of space he is, talking nonsense.

Also it could be worse. Could be suspended for the foreseeable, like EVR.

Hope so. The buybacks will work better at £0.64 than at £1.20

The markets are up, gold is up, interest rates are set to fall - GGP hardly changes, and would not surprise me for this to end the day red again.

Even when gold rallies this barely moves up. Pathetic.

Garonne, then sell and invest in something else instead. Something that you think will go up. Not vod of course.

You could still sell Garonne. No point sticking around being disillusioned with vod.

I dont think he is watching the sp every 5 minutes like many here seem to do. Its not healthy.

If you cannot stomach a loss even if temporary, you should not be investing.