moniman26 Sep 2018 18:54
Hello, I have to admit I was glad to see the back of you & your negative comments, but I would be a fool not to realise you predicted the recent large falls in the vod sp. I bought vod as a long term investment, & the only time i,ve sold is to buy back in an I S A . Do you think vod is now fairly priced, or does it have further to fall. I don't know if you short vod,& would just try & talk down the price, but I hope otherwise. I know that you think the divi & debt are too high, i e. (of course the divi, although it comes out of free cash flow), it is indirectly paid for by debt' but I guess management think they can generate more money by borrowing, than it costs to pay a high dividend. As for a new CEO, well how do you know that he is worse than the old CEO? Your other neg point was Brexit. I think the confusion is bad for everything, but do you think to leave would be bad for vod, or vise versa?