Member Info for Beo1

RIP he wants the company but not at a price its trading at on anywhere near it. IMO the board have a duty to put this company in a pre pack and see if the market will pay more than him. Doing it this way is potentially undervaluing the value here IMO

I aim for 10% or £1k profit, playing with a bankroll of £35k now, but will typically start at £10k to £15k in a share, I started out with Vod last year but thats not going so well, but only had £5k in there, but between Barc / ITV / Close and here, trading to the 10% / £1k rule, ive moved my bank roll from £25k to £35k (with a £1k loss on vod being a headwind on that). Is it worth it over the 14 months, seeing as this isn't my day job and im able to dabble in and out as i see fit, its done me ok

Well I bottled it, only held them for 2 days and made a decent return, bought at 110p sold at 126.25 , think this has still got legs, which the further rise after indicates, but greed is the root of all evil and all that. Hopefully it continues it rise for all else still in

Yes when they talk about LFL then strip out new stores, closed stores from either side of the comparables

I was in at ITV and close brothers in last month and made my exits prices and got out, but then they rose a decent amount higher, so that may be swaying my reasoning 🤣

Yes me too, thought the drop was over done at got in at 110p mainly trying to play the peaks and troughs with it, but with a feeling that its undervalued due to the large drop. Got about 12k shares but hindsight wish i put more of my bank roll on it but with it being retail was a bit hesitant. Up over 12.5% on my investment which is more than i try and play to, but feel this has legs and struggling to find more blue chip companies to invest in where they are on the downside of there DMA so opportunity cost is telling me I should stick for now

Its all relative isn't it. Yes its not a 20% up update, but the 25% drop wasn't a 25% drop update either IMO

Also I get why the market like LFL sales, but can be a bit misleading, if people want to shop at JD they will travel a reasonable distance to do it, eg we prefer trafford centre that our local town centre shop due to the range, but if they opened up a new larger store nearer we'd go that, just using me as an example that would mean trafford centre LFL would drop. At a macro level opening new stores doesnt just give you new custom it takes away some of that custom from other stores in the group.

For me, the update and forward guidance as shown it's not as bad as what caused the SP to tank earlier in the year, even in a challenging year ahead with some tough comparatives in the H1 they are saying there will be good headline growth and moderate bottom line growth. Feels that we are in a better shape than what the market recently priced us at

Yes but they also point out H1 comparatives were very strong, so doesn't mean H1 will be bad just that there'll be little YoY change, but as last year softened in H2 that's when we can start to see strong YoY metrics

Initial impressions is that it's an OK update, forward guidance shows growth at the top end of the estimate, just would have liked the range to be a small window keeping the top end end but the low end starting at a higher number than 900m, as messaging next year could be lower than this year isn't great. But the rest of the messaging seems good if not gang busting.

Which is why you'll be a long term investor. As the high dividend yield as been a path to capital destruction in this share. You should care about the businesses free cash flow and return on capital as that is what is destroying investment capital, not the dividend yield, because it it was all about the yield, the SP wouldn't be languishing where it is.

I dont care on the dividend cost per share I meant,

I'm purely in this for SP growth, if I get my exit during or after the buybacks it matters little to me as I will exit sooner if the buybacks force the SP up. Which having been in barclays and all there years of buybacks it's not the saving grace it's sometimes made out to be.

But yes the SP staying low gives vodafone the chance to cancel more shares, dont think I've ever said otherwise, but Vodafone know to a high degree of confidence when the sales will go through, they also know to a high degree of confidence how quickly they will buy them back and yes the big guess for them is the price they buy them back at, but in there messaging of the total dividend cash payout they aren't expecting a rapid recovery in there estimate otherwise the reduction wouldn't be 58%. I get you don't want to listen to me and that's your choice. But it's also Vodafone telling you (and institutional investors) what there best guess is. You can take that at face value or not that's your choice, but to make out what I'm saying is so stupid, when it's clearly close to what Vodafone have worked out, is a bit of a richard move in my books. Then to keep changing the goalposts of your point to continue to make someone else out as stupid is classic narcissist behavior, but I'm done talking to you. You are clearly incapable of engaging in a conversation without the need to be pedantic. I just don't have the time or patience for it.

No they don't know it exactly but they have made their best estimate and that's more reliable that you gobbing off on here trying to make other people look stupid, when I got it nearly right to there estimates independently but you keep doing you!

I really don't care much for cost per share, I want SP recovery and DCF and spread on cost of capital is more likely to aid the SP recovery and vodafone are telling me this will be 1.1b in 2025, down from 2.5b when it was 9 cents, sp a drop of 58%.

If your in it for dividend yield then fair play just move on from this conversation

i got the ex div rate wrong, i said that a couple of times.

but i didnt get the buyback amount wrong, and heavens forbid i got the timing slightly wrong, buy not that wrong as i *** packeted 60% (but did caveat it) and vodafone is telling us its 58%.

whereas your just wrong on so many levels it's painful and the fact you are twisting it now jist shows what type of narcissistic person you are!

What do you mean? My current ID? As in my Beo1 moniker? Why does that even matter?

So you don't believe the RNS telling you it will be likely to be a 1.1b payout in 2025? Or the actual results they posted saying it is 2.5b currently? He'll why are you invested here if you don't believe either what they tell you or what the accounts state.

My initial guess was 60% but Vodafone are telling us it will likely be 58% less, but your hung up on a mistake I admitted I made.

As when the business talks about return on capital, 100% its the 1.1b cash out flow that is built into that, not a individual person's dividend per share, so big investors care about multiple things, yes passive income is one, but DCF is another as is the business ability to make a good spread on the cost of capital

Retail investors might only be interested in the dividend per share, but institutional investors care about cash flows of the business and use discount models to value the company at, as seeing as that influences the SP a lot more than retail investors then yes I'll care what they care about, not what you care about