Member Info for comsman

VT looks a promising income and growth opportunity. It’s going to be listed in Frankfurt, anybody know ways of dealing via FRA?

That ‘gob****e’ O’Leary on CNBC this morning as usual blaming the company’s woes on everything and everyone but himself. RYA is more or less a ‘penny stock’ now and me thinks it’ll be bankrupt by year end. Good riddance.

Groan......??

SP increase??? What am I saying, no sooner than it jumps up it falls back again! ??

Although the soon to be sold retail business lost money the wholesale activities turned in £128 million profit. Given the SP increase this morning I am beginning to think the company has turned a corner now. Dividend is still good too even after the announced reduction.

Plus in 2014 we shareholders received approximately 102 pence as a special cash and share dividend resulting from the Verizon sale. Anyone holding these share for past twenty years is quids in, particularly when you consider the generous dividends too.

https://news.sky.com/story/ovo-energy-lines-up-audacious-sse-retail-deal-11782034

Now that Liberty are flush with cash I wonder if they will seek to buy O2 from Teléfonica. The deal to buy O2 by Li Ka-shing (Three) for £10.7 billion was thwarted by UK regulators last year but there would be no such competition worries for Liberty. It would result in a dominant new ‘all services’ player in the UK that wouldn’t help Vodafone’s UK operations. Unfortunately Telefónica have cancelled their London listing now otherwise I would have a punt on its SP rising should such a sale occur. Am pretty fed up with VOD but am stuck with them for the long term (200p+) and want to diversify my telco interests now.

The SP has been hammered by two things this year, firstly the failed deserter of the Retail Arm and secondly the Labour Party announcement that it intends to nationalise SSE and other energy utilities. We await news of an alternative route for offloading Retail and hopefully Corbyn and his cronies will never see Office. As I understand it the dividend cut was dependant on offloading the Retail Arm and even if that happened there would then have been a compensating dividend from the new Retail company. I don’t now expect to see the dividend cut next year as there is insufficient time to offload retail in FY 2020/2021.

...and will probably pass out if this holds past closing today!

This is Money suggests divi cut to be announced tomorrow and will be more than 30%. Also says that 70% of investors polled agree to a cut.
https://www.thisismoney.co.uk/money/investing/article-7018719/STOCK-WATCH-Vodafone-set-call-time-3-4bn-dividend.html

?? and in case that emoji doesn’t come through it’s a ‘thumbs up’.

OK, but maybe we are not comparing ‘eggs with eggs’ here. Not sure if the Inmarsat divi cut was preceded with a circa 33% sp drop.
PS Hope you consider my other reply as humorous, that’s how it was meant Longish but the smileys didn’t come through.

Interesting composition and I look forward to the next instalment. ?????? Forgive me for asking but have you been consuming lysergic acid diethylamide?

Will agree that if the divi is cut the SP will rise. Might seem illogical but me thinks the markets have been pricing in the divi cut for some time hence the 80p drop this past year.

The latest three broker ratings predict an average SP of 223 pence. I suspect they will be proved correct, after all they have access to more detailed information about the company and are probably more skilled than most here in predicting such matters. The bit these brokers and analysts always leave out and what really annoys me is a timeline to say by when their predicted SP will be reached. It’s a bit like a weather forecaster saying it’s going to snow in the South East. Of course it will, but when???

https://uk.reuters.com/article/uk-sse-divestiture/britains-sse-approaches-firms-over-deal-to-shed-retail-arm-sky-news-idUKKCN1S30FG

Thank you, worst case scenario SP drops by about 7p when buy- back ends.

Anyone able to estimate the positive effects of the buy-backs over the past couple of weeks on the SP?

Danielh, it’s the Doors actually. Lyrics nicely reflect VOD at the moment. ??

https://m.youtube.com/watch?v=Mgw5j9h8528