The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
At sub 165p VOD is worth a buy for the modest interim divi and a rise to 180p. I can't see it ever reaching close to 200p though, so returns from VOD are limited. That said, they are getting cheap right now. Shares like EVR and RIO can rise 50% or more from where they are now, so they are very good for a long term hold, unlike VOD. Aviva worries me a little, but again longterm if it can improve its profitability should hit 450p+ over the next couple of years with excellent divis along the way. GL mate.
I think Lloyds has got the most upside by far in the FTSE 100 over the next few years. I'm in there big since the mid 20's, currently @ 43p, I'm already over 60% up with a target of over 100p by 2018. Got some Aviva too, break even at the moment after averaging down from over 420p, painful but excellent divi's. RIO, EVR, GRG are now my trading stocks for regular 10 - 20% returns, most of the money is re-invetsed to buy more and more stock to increase my portfolio and achieve bigger returns. I hope to retire by 2018 if all goes to plan. There we go, I'm an open book. GL to us all.
Thanks for your analysis guys, much in line with my opinion of this stock. 520p exit target for me. GL both.
just jumped on board @ 466p this morning. Looking forward to the ride here. GLA.
Ah I see, there is nothing like the press or a couple of negative broker comments to drive down an SP. its just happened with GRG Hence my buy in. EVR has teased me this past few days, always a penny above my buy price and has now gone away from me for the moment. GL mate.
Lets see what tomorrow brings. 234p would do me nicely with a view to selling close to 260p for a quick 10% gain. Well, that's the plan anyway. This storm could determine a few things tomorrow, Futures pretty flat right now. GL.
The Morning Star must be out of date mate. The SP fell back a bit during late trading, so I have once again adjusted my position slightly and set a buy order for 234p. Futures flat at the moment and Hurricane Sandy is a coming. NYSE closed agin tomorrow, so we have a rudderless market agaiin tomorrow. Will I strike lucky tomorrow?