Member Info for Cheapsharesboy

Friday close 135.1p

Well it has bounced of the £1.
I am not making any forecasts to say if that'll hold or not
but I recon it'll much more interesting to see if that holds.

so yeah if you ask me target is 170p in the short/mid term (whatever that means, for me that is sort of 6-12 months no more).

VOD old range WAS 100-140p some people notice the change after.
Anyway, the new range is going to get this up to 170p ish.
There is clear pressure building towards 130p which will break at some point.
It's pretty easy to see unless if you are mole.

Thank you I appreciate the posts & replies

Cheap

Buy back would be the first cut not divi.
Imo only

Trek I don’t think divi will be cut - I would like to think but back goes first. Too much confidence in the business by the management to issue buy back- hence hard to see a cut. Anyway that’s what I hope because I’ve bought today in 190p.
Lgen would be a good buy now as they issued upbeat statement with a low share price.
I’m seeing that the market here disagrees with management about how well the business is doing. Who will prove right?

Hi Trek - do you think there is any read through from the Lgen trading statement today ? Maybe m&g also doing well or is there no read through?

Broken CD can only repeat itself time and time again. I think Nick Read is a visionary taking all that debt on and managing it successfully will prove to be genius at a later date. For now we have the pleasure of mickey & mole who can only see the negativity. Each to their own conviction. I find it funny when little people who never achieved anything are so much smarter than the top ceos.
Of course sometimes a ceo gets it wrong but Nick Read is a genius

45
“If you don't like Nick Read just filter him, he talks a lot less crap than you do, give it a rest eh?“

HAHA!!!

Ig is not purely about the tasty acquisition although it’s important that they get foothold in USA. Synergies would be the key I suppose but I am not sure the current ceo is capable of that

Yes timing was bad and robinhood read back is bad.
Of course so far tasty has fared better than robinhood - will this persist. I waive surprised if tasty was as bad as robinhood. Robinhood is selling to more imbecile folks tasty appears at least slightly more sophisticated. Anyway we will see soon

How do we know tasty trade is doing badly?
Is this speculation or facts?
Last results tasty was still running fine?

If I owned this I wouldn’t sleep well.
Sell it now because next year it may default
Then it will be too late.
Market rates cine debt as “complete junk”

“Thirdly GS has clearly said the sector has now pivoted and is a buy now.”
Sorry for typo

Robleo sorry to take time.
Normally when Vodafone goes x-div it falls at least 3x more than divi a few weeks after the date. This has not happened, if anything x-did was used a a buy opportunity that now looks to have disappeared.
This is the first most clear indication that the tide has turned.
Second is E& buying in.
This has multiples of ramifications.
It reduces free float, reduces sellers, it tells the market that big boys with money are buyers under 130p. There is a lot to indicate buy and to say “the bottom in is we heading higher”
Thirdly GS has clearly said the sector has now pivoted and is a bit now.
Fourthly, brokers upgrade vod.
It is funny how people don’t see all this.
I think it’s down to stubborn pessimism and reluctance to admit the above and that the tide has turned. The above means we are heading to £2

Next Friday close I'm going for 131.2p
Cheers happy weekend!

Enjoy declining Tesla share price.
Elon is know for equity raise so your share are likely to diluted by 10% again soon I’m sure for “expansion” and whatever excuse there is. And once their electric subsidies disappear so will their “profits”. Maybe then you’ll realise your mistakes

The amount of negative drivel on uk stock boards is problematic. Timid kind of garbage about Petrofac chances of going bankrupt is just bullshxxx

LondonCentric - is this your best ftse100 buy?
I’ll looking at some shares to buy with dividends from Vodafone and Ig index. MNG looks good, tp icap looks good to but they got the cum-x trials hanging around which is a problem. The yield here is huge?