Member Info for fleccy

I'd be interested to see the full text of the interview, since Vodafone has recently signed up to Equinox with BT, and also signed up as the main anchor tenant across the full CityFibre area rollouts. I'm also not sure how solid the relationship is between VMO2 and Vodafone currently, with the 5G MVNO agreement in place, and VMO2 effectively bypassing it with the new VOLT offering. I take a lot of the articles with a pinch of salt these days, unless I can see the hard proof.

I saw that article earlier, as well as the article in This is Money.Both idiotic articles in my opinion. Would the few who need the service pay the cost of providing it, or would the Government pay subsidise the service? I don't think so. As far as the age charities are concerned, they should concentrate on helping the older landline users adjust to the new technology. It's the same thing with banks, where a tiny town wants to keep a branch open that's only used by three people a week.

Maybe there's a deep pocketed player, like Comcast, eying up BT. If Drahi has got wind of something in the pipeline, like a merger with SKY for example, he would purchase BT stock for investment and leverage purposes; I'm not saying that's the case, but it might answer the question as to his motive.

"I don’t think that a PE buyout would be allowed by UK Gov but Read is clearly conscious of the poor share price performance."

Germany is the biggest part of the Vodafone Group, so it would be multiple regulators involved, the UK, Germany, and the EU, to name just three.

"Fleccy, surely you must be disappointed with your investment here, over the last few years it's gone backwards , very possible that it will do well as you predict"

I only invest in stocks I'm happy to hold indefinitely, I wouldn't invest in any company I perceived to be risky. India has been a disappointment, but I believe Indian Government policy led to the problems there, and now that the India business has been written down to zero, it's no longer an issue.
As far as the overall Vodafone Group, why would I be disappointed in the current price if I believe the price will eventually recover to £2+? I'll just keep reinvesting the dividends where I see value, bringing down my average buy price while I wait.
My personal view is that the Telecoms sector is being held down by the BIG market players. I've invested even more in BT, than VOD, as I'm absolutely convinced the Telecom narrative will change, so I'm betting the sector will be hyped up on the back of IOT and FTTP at some point.
At the risk of sounding like a stuck record, the current low price is good for VOD while they're buying back stock, and it's good for my me when I reinvest my Dividends.

"Wow share price to surge Monday!"

Same content as Pokerchips Reuters link, but I agree with the sentiment. I wonder if we'll see some Sunday articles appearing with the same theme.If the Telegraph and the Times run stories on Sunday, it wouldn't surprise me to see the price surge past 170p on Monday morning.

After around 9 months of Gavin Darby moving to CWW , from Vodafone, CWW was sold off for just over £1 Billion to guess who? You guessed right. Some may disagree, but £1 Billion seemed like a bargain price, in my opinion. Vodafone obtained all of CWW's UK backbone network, as well as its Data Centers, international sites, and submarine cable assets. As soon as I received the money from my CWW shareholdings, I immediately invested them back into Vodafone at around 160p; Not long after the CWW acquisition, Feb2014, Vodafone completed the sale of Verizon Wireless to Verizon Communications, and I sold all my privately held Vodafone shares at around 220p before the deal went through, but have since invested back into Vodafone as the price dropped toward current levels. I also received Verizon shares into a SIP, after the deal, as I was regularly buying Vodafone shares as part of a Share Investment Plan; And although I left Vodafone late 2019, I still hold the Vodafone shares purchased in the SIP, as well as the shares I more recently bought through ISA's and share dealing accounts.
I wouldn't invest in Vodafone, if I didn't have confidence in their ability to be successful; I 'm not invested in VOD out of any sense of loyalty either, it's because I view them as solid, ruthless, and financially switched on.

"That is economic madness. Still I hope your undoubting faith in vod is justified, because I paid at least 1.50 for mine."

Vodafone are pretty shrewd, and financially savvy, I should know I used to work for them. I actually worked for Cable & Wireless Worldwide and watched as Marsh went out of the door, soon followed by Pluthero, with Gavin Darby walking in from Vodafone.

" The three sources, who declined to be named due to the sensitivity of the matter, said any stake-building plan was likely to involve Deutsche Telekom. "

The mysterious unnamed sources, where were they when Drahi was building his 12.06% stake? I expect we'll be drip fed price positive articles going into December, and possibly see quite healthy rises in the share price. Maybe the big players have accumulated as much stock as they think they can, hence the narrative change.
In my opinion, there was no real reason for the recent price drop from 206p, maybe it had some help. What chance do retail investors have, when the big players have Algo's, OTC, Dark Pools, CFD's, and God like visibility of the trading world?

"that looks like a Buy announced once complete....bought together over a number of trades"

Who knows? Going off the price it looks as though it was from earlier in the trading day.

£5.995 Million Off Book trade

12-Nov-21 16:33:00 165.20 3,629,000 Buy* 6m

"fleccy, Do you know when the buy back ends, & when it does, won't vod start buying back shares again? Personally I would rather the price goes up, as I think most share holders do."

I don't mind sitting on a paper loss, if it aids VOD in the share buyback program. My VOD average purchase price is around 150p, and I hold over 60,000, but I'm not in a hurry to sell so happy to see VOD buying back stock at a low price.
The current share price is just a number, if you have confidence in the company and not in a hurry to sell; You could argue it's a gift for someone looking at building a long term holding.

I don't remember seeing an RNS stating that Morgan Stanley have reduced their holding in Financial Instruments either. The closing price on the 22nd July was 182.1p.

https://www.lse.co.uk/rns/BT.A/holdings-in-company-bc5gyu17em31ceb.html

"JPM probably has the Options out ..and if they are looking for the 200p for their Options ..what better way than to give a target price of 275p to the punters they need to buy the shares"

What about the Call Option Open interest of 30,000 at 220p, that must be a big player, or players.

"Agree, liking these daily gains, still - 33% loss for me at this moment, more of the same will be very welcome"

I'd rather the share price stayed low while they're in the midst of share buybacks.

https://www.lse.co.uk/rns/VOD/transaction-in-own-shares-oxjg5kr1xgumut5.html

Indeed things have changed, I have to admit I haven't been watching them; The 200p Traded Contracts column is now showing as 0, with 975 in the Open Interest column only. I'm not sure what the difference is between Traded Contracts and Open Interest in isolation.

It's clear why FTTP deployment didn't happen years ago, it was due to the limited technology available at the time.

https://www.youtube.com/watch?v=U4MTgjNkfyI

https://www.telecomtv.com/content/access-evolution/bt-turns-to-robots-for-fttp-efficiencies-42868/

https://www.computerweekly.com/news/252509220/BT-unveils-robotics-test-lab-to-speed-infrastructure-roll-out

"So why has the SP dropped today im confused with these off book trades"

The timestamp put the trade as occurring around 13:15, but it appeared on the exchange a couple of hours later, just before 15:30. Off Book trades aren't used in price discovery.

Todays Trading volumes were:
UT Volumes 6,203,799
On Book Volume 4,675,600
Off Book Volume 15,762,921

Todays Off Book trades Volume is much higher than the UT and On Exchange trades combined, I have no idea if anything can be assumed from that.

"Once the distraction of the UK government's total failure and corruption on Covid is out of the way, we will clearly see that Brexit was a massive own goal. How's that trade deal with the USA going or the 350M a week Brexit bonus for the NHS?"

Doug, I listed a couple of advantages, but the biggest advantage I didn't mention, is the advantage of not being part of the failing project known as the EU.
What will drive the failure of the EU?
The monetary union, using the Euro currency, in the absence of a Debt union will keep hammering some and giving others the advantage; Germany gains a massive Export advantage from the Euro, since the currency is held down by the likes of Greece and Italy, while the Med countries will eventually buckle under a debt pile, seemingly incapable of attracting outside investment.
The French just hate everyone who produces cheaper products, and sells into their market. The French feel entitled and either strike, or form mobs when things don't go their way. Some examples of the French solidarity with their EU partners:

"‘These Spanish imports prevent us from selling our French products,’ Amalric told Decanter.com.
‘Our tanks are full, prices are falling and wine merchants are asking us to lower prices. This is unacceptable,’ she said.
In parallel, further south in Narbonne, militant winemaker group CAV has claimed responsibility for 10 winegrowers dumping nearly 25,000 litres of Spanish wine from another lorry in a shopping centre car park."

https://www.decanter.com/wine-news/french-winemakers-attack-spanish-wine-lorries-353266/

https://www.euractiv.com/section/agriculture-food/news/spain-lodges-complaint-after-french-vandals-attack-wine-lorries/

"Demonstrations against falling prices prevent over 400 trucks from bringing in goods from Germany and Spain as president insists government is ‘by their side’£

https://www.theguardian.com/world/2015/jul/27/france-farmers-border-roads-protest-imports-germany-spain

"French farmers have stepped up their violent attacks on trucks hauling imported livestock in a protest that has divided France's Government and renewed tensions with Britain."

https://www.nytimes.com/1990/09/17/world/french-protest-of-sheep-imports-turns-ugly.html

I've got nothing against the French people, and have worked with some really good ones, but once they get a Bee in their Bonnet they go a bit mental. The articles, I've posted above, are from many years of EU membership, but it makes the point. Wait until things take a turn in France, maybe as part of a Global recession, it will be hilarious to watch from here, even if things are also bad in the UK.
The EU has so many issues straining the fabric, the only question is will it eventually pop a few buttons, or tear the seam revealing it isn't wearing underpants and exposing its rrse?

That Off Book trade was well over double the On Book exchange traded volume. Currently the BT On Book turnover, on the London Stock Exchange, is £7,333,657.44, the value of the single Off Book Trade pasted into the previous post, is £18,800,368.63.

Over 11 million share trade at 13:15

2021-11-08T13:15:46.000 GBX 159.25 11805569 18800368.63 Off-Book SINT P LRGS ECEU