Member Info for Cheapsharesboy

Good comments buzz.
I've sold my shares on ISA today, but hold a lot on my pension account. Feel sad for selling a lot but it's better not get emotional about a share. Hopefully can get back in later.

There are 2 reasons I don't buy this share.
1. Israeli government tax
2. They don't hedge client positions, IG does

Good luck to those who do.

I've added some at 783p.
It is bizarrely cheap considering the dizzy heights of the indicies.

Or I should say not debt free but no net debt, cash rich

Hi! I've been buying opportunities elsewhere. I sold, maybe a mistake, 50% of my IG shares between 720 and then 776. But did make gains elsewhere. Bought and sold AA and Vodafone so I am happy.
Results are very good. In my view IG always gets sold off on good results no matter what. One thing I've noticed is that market has forgotten that this share is debt free. So even if markets became calm, this share is ultra secure and should be trading over £10. PE should be at a much higher range. I got 35% on my funds on cash, I am considering buying in today to secure more shares under £8. Yield is still 5.4%.

Honestly I do not think you know what you are talking about. If you did, you would not call bad debt "an excuse". I'm afraid you have just discredited yourself.

It's not a choice between east and west.
That's a complete nonesense.
It's all about how much bad debt they get with the unrest in Asia and due to C19.

Last summer I holidayed my Vodafone roaming was excellent with no extra charges. And now I got their broadband added last month. It's much much better than sky. Just my experience. DYOR

This stock is just a winner now. It'll go back to £2.

It was Divi on another share actuall y.
Their corporate actions team is now looking into it.
I suppose they dig how many share were x-divi.
Sorry to bother on this board

I held bunch of share before the x-divi date with a ISA provider. My ISA was transferred to another provider after x-divi date but before the payment date. I haven't received the dividend. Is this sort of problem easy to fix?

Dividend payment day was today.
I haven't got paid either of my two accounts yet.
Anyone got theirs yet?

What helps is that net assets ar over £62 billion, market cap only half of that. Vod can, like someone said, monetize towers or other assets if and when needed. Seems a safe bet now especially the market is buying it.

Good reply fleccy. And mole-man also raised a good point on the issue. Apologies if my comments were not the best.
Gla all

Just for balance I'll take the negative view now.
I would be most worried about interest in net debt which was listed as £3.5 billion which seems ridiculous. From that point of view it's a sell. The whole financial statement seems ever so confusing and it looks like Vodafone's future depends on cheap debt. That is really their only hope. I'll will probably hold my newly acquired shares at least till x-dividend date as desperate income seekers might prop up the share price.

They paid down £3 billion already on liberty purchase.
It's not forever going up. They also activity pay it off.
Have you heard of a concept called free cash flow?
Some of the debt will be paid off next year off the income.
So next year that figure could be down £3 billion assuming no further acquisitions. We could post a figure also for accumulated profits, not sure you interested

Yes for clarification.
Accumulated losses is not the same as debt.
We were taking about debt when this guy said losses of 120 billion so maybe that seemed a bit misleading.
Net debt is still £42 billion not 120. Just wanted to clarify the difference. Vodafone does not have a debt of £120 billion.

I don't think mole-man knows what he is talking about.
Look at what a safe haven Vodafone is in the sea of red losses! Once the current sell off is done, it's clear this will rocket. Outstanding sp performance in a bear market.

I'll buy back in under 10p.
Made money here bought in average of 18p, sold at 24,26 and 28p so really pleased. You gotta watch closely.

I don't know the current rate. But it's clear that it's low enough and will be lower going forwards. Vod has already paid 3.5 billion off the liberty purchase if you noticed. What matters is confidence and demand. There will be a big demand for reliable debt like Vodafone's so that will drive the interest down.