RE: The only chat22 Jul 2022 18:46
Hello OakLodge. Interesting post from you I think. I have been a vod shareholder for over 20years & also bought some at £2.20 & various other prices, but my average excluding divi's is more than yours. Are you including divi's in your average? But back to the point you made recently about unpredictable events effecting the sp, more than bad management, there have been many events that have effected the vod sp, including massive competition from other players, massive increases in licence fees, etc, etc, which were difficult to predict, which (correct me if I am wrong) was your original point? Those who just bang on about bad management, are completely missing the point I feel. If 10 to 20 years ago you could see into the future, (now) seeing everybody plugged in to there mobs all time, your would have bought into vod big time, but we did not realise how tight profit margins would become in this game. There is no point blaming Nick Read all the time, except as a scape goat. He can't control the vod sp, that is down to the market, he can't control unpredictable events & of course fleccy may be right when he says vod is way under undervalued anyway? I wish I had his confidence, but only time will tell?