Member Info for danielh

moniman. That is because I didn't. You have an amazing habit of totally changing the subject. We all know how clever you are, so you don't have to keep reminding us. It's a shame though you show no humility, just arrogance. Try using Aimao in future. a for arrogant.

moniman. " Aimho!" Nothing humble about your opinion!

Hello Mole. Surely it is net debt that counts? & why pull gutter snipe up for talking in £ not euros, Vod's net debt is about £40k. Perhaps you should criticise the L.S.E. as well for quoting the sp in Sterling?

Sorry velladean. For £65k I meant £650k & for £35k I meant £350k. I was going to say, where do you live, a house for £100k? I wish houses were only a £100k, more for my children than for me. Have a good day.

Mulder. Last thing I heard, the activists were very supportive of Nick Read. Have you heard anything different?

Thank's Mikey.

Hello Mikey. Thanks for your reply. I have been involved & know people who have been in share option schemes. It is quite common if the sp performs bad to withdraw your money mid term & take out a new option at a lower price. I guess the rules may have changed, but I wondered if you know when the option price would be set? Would it be February. Are the options different for the Directors? Cheers.

Mikey. Good point. I agree, she either needed the money, or withdrew it so as to buy the shares at todays price. If the latter is true though, I don't get your 2nd point, that she doesn't think the price will go above 1.02 before Feb. If the price rises above 1.02, she will make more money buying today at 96p than paying 1.02 for the share option.

Anybody still not sure how it works, please read the R.N.S. today on this site.

Velo.. Got you sussed? You just want to buy them on the cheap? So do I, but I have run out of money! What part of buy low, sell high don't I get? Can anybody lend me a few grand?

longtimeinvestor. I hope you are right about that, the low% rate. If so then no need to cancel the divi, but if the future rate rises, then a need for caution. Cheers mate.

Cheers Rob & thanks for replying. For me today has been a disaster, so nice to have friendly reply. I think I will just hold. It is all about debt. The old saying was,income £1.10p outgoings £1. bliss. Income £1. outgoings £1.10 misery. It is a fine line, even more so when you are highly geared as vodafone is. Whoever had been C.E.O. of vod over the last 5 years, I think the result would be the same. There is no point moaning about his high salary, if you had paid someone less, it would probably have been even worse. Lets face it, it will take a very clever C.E.O. to get us out of this mess,& I for one will be happy to pay a big salary if he/she can do it. The trouble is nobody will take the job unless you pay them a big salary up front. I wouldn't of course , because I would not have a clue, the same as everyone else, on this know it all forum.

Robleo. Well I blame you(only joking) & the covid pandemic, massive competition in the mobile market, the Russian war, & all manner of unforeseen events, Just open your mind, & stop being so blinkered. But of course vod has been a disaster, so lets accept that & move on. Would a new C.E.O. fare any better? Rob, be honest, you don't know the answer to that any more than I do, but come on amigo, you are far to clever to do this knee jerk, sack Nick Read nonsense surely?

L.T.I. G59 gets a little stroppy at times. I have got used to it, so don't take in personally. He is normally very pleasant?

A very valid question. The answer is can you make more % profit than you pay on your debt. If yes then don't pay off debt, if no then you should pay off debt. I don't have the answer because I don't have a crystal ball. I have tried many times to find out what % interest vod pays on its debt, but I gather it is quite complex. I think long term holders of vod as I am, tend to favour keeping a good divi, as in time you will do very well. Many posters on here say they buy vod for its high divi yield, so I assume they would be dead against cancelling the divi. It is not black or white in my opinion. Lets all face it, vod has been a disaster as an investment lately, but it is the future that matters, as the caveat says,past performance is no guide to the future.

Mikey says on the vodafone share forum. "now we could be in trouble-Russia hitting Poland with a missile killing 2 people". You could not make this guy up. Is he trying to be funny? Wrong forum Mikey. Try the war in the Ukraine/world war 3, thousands of people killed debate forum. Give us a break?. But at least he is not blaming Nick Read?

NewSid. you say "Nick Read needs more people like me" Of course he does, what he doesn't need is people like you, who criticize without any answers or solutions. Do you really think that just sacking Nick Read is going to solve all the problems? What will the new C.E.O. do? If he fails, then you will be back on here again, saying sack him? Vod's problems are massive. Just open your eyes.

Sorry moaningman but your time has run out. You will have pay for another argument, (as is in the famous monty python sketch).

moniman What is your problem. I am simply pointing out that you don't know the difference between enterprise value & market cap. They are totally different. I haven't disagreed with anything else that you have said & am certainly not burying my head in the sand. Calm down mate.

velladean. Thank's for your post. I will try to explain, but as I have done this before, sorry to repeat myself. Enterprise value is the value of a company, in the same way as you might value a house. If own a house that is worth £1 million, but it has a £65.000 mortgage. It's enterprise value is £1 million, 1.5 times it's mortgage deb't, but my overall investment (market cap) or equity,is £35,000. £1m minus £65k debt (mortgage), so my debt is almost twice the market cap. M.C.B.'s are more complex, They are mandatory, so vod have to buy the shares back. This is done though a buy back scheme buying back about 6 million shares a month through Goldman Sachs bank. These are then held in treasury by vodafone. These shares have no voting rites, pay no dividend, so are in effect cancelled. This is to stop the dilution of share value due to the issuing of shares to bond holders, which they have to do on the bond expiry dates. It is very complex, but I have explained it as best I can. Share options & incentive schemes to staff management are very different, but are designed as an incentive to those who work for the company to increase productivity & therefore reward them with a higher share price (hopefully) Of course management look after number one (as we all do ) but they do look after shareholders & the company they manage which is of course there job. Nick Read at the end of the day is just human, just done better than most? Perhaps he should go on I'm a celebrity to show his real self, like Matt Han****?