Member Info for fleccy

Funny they kept quiet when BT was climbing above 170p, I agree there does appear to be an agenda on the part of UBS.

It's been happening for the last 4 years and still hasn't happened, you guys will probably be saying the same in 2029 and it still probably wont have happened by then.

https://images.app.goo.gl/NP6BPsvs7iQBPfVt7

Avocet the class action will likely go the same way as the BT one did, in other words the Telco's will likely win should it go to trial.

Avocet the class action will likely go the same way as the BT one did, in other words the Telco's will likely win should it go to trial.

It's quite bizarre that Telecoms are getting hit by this, it was a similar situation during Covid. The fact that least impacted stocks like Telecoms are hit worse than many obvious tariff affected stocks, suggests that the market is either dysfunctional or manipulated. I'd look at Telecoms as a port in a storm in situations like this, as it should have been during Covid, but wasn't.

Well Bloomer, the only thing the US will achieve is isolation. The US citizens are as much into their 401K's are we in the UK are into housing. Millions of US citizens are currently watching their 401K's drop like a stone, if that's a sensible strategy for the US administration to follow then lets see where this goes.

You miss my point Bloomer, if you get rid of VAT then something has to replace it. Are you willing to pay more income tax if VAT is scrapped?

This is a good metaphor for the current attitude within the Whitehouse.

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

What I don't get is why Trump and Navarro keep talking about VAT as being a tax on US imports. As far as I know VAT is a tax on everything, whether that be on labour, or goods. If I get a new Bathroom I have to pay VAT on the goods, whether it's manufactured in the UK or abroad, and the labour for installing the bathroom. There are VAT exemptions for green tech, like solar and heat pumps and some other things like new build projects, but it's a general tax and not a tax on US imports. If the UK Government scrapped VAT, they'd have to recover the lost revenue from other sources, like income tax.

This one's not new, it's been in the pipeline for years.

https://www.catribunal.org.uk/cases/16277723-mr-justin-gutmann

https://www.catribunal.org.uk/cases/16267723-mr-justin-gutmann

https://www.catribunal.org.uk/cases/16257723-mr-justin-gutmann

https://www.catribunal.org.uk/cases/16247723-mr-justin-gutmann

Volatility is currently ballistic, will it increase to match Covid from here? Still not there yet, but how long will this continue?

https://www.google.com/finance/quote/VIX:INDEXCBOE?window=MAX

This is why I invest for dividends and pay little attention to share price action. Shares go up and down with macro events, but we still get to buy stuff, or reinvest, with the dividend income.

I'm lost as to why BT and European focused Telco's are getting hammered by this, it makes little to no sense to me. All I can think is that Algo driven trading can't differentiate between defensive and risk affected sectors. Maybe the Algo's don't know how to deal with something like tariff's, after all they've never seen anything like this Trump driven fall before. BT isn't listed in the US and although it may supply international communications for various Enterprise customers, Telco's are probably among the least affected by this tariff fiasco; It seems the baby is being thrown out with the bath water.

Well it hasn't stopped us topping up around these prices, personally I can't see Vodafone reducing the dividend further. We'll likely be purchasing more Vodafone stock, in the coming months, if prices stay around current levels.

The US has always followed beggar thy neighbour trade policies, Trump has just lifted the veil in a massive way. Biden did it with policies like the Inflation Reduction Act, another beggar thy neighbour policy which everyone could see for what it was, but kept quiet about.

The UK has lost massive amounts of businesses to US companies backed by US finance, which always defied belief in my opinion, look at companies like Cadbury and many small UK unicorns either snapped up at bargain prices, or listed in the US rather than the UK.

While the US has encouraged massive injections of cash into both startup and established Tech companies, with super light competition regulation, the UK has over regulated our own established companies to ensure they'll never be able to compete with US companies. I'd never heard of CrowdStrike before they shutdown most of the World, with their software update, but it amazed me when I saw their Market Cap valuation, currently $79.72 billion, with a revenue of only $3.95 Billion and a Net Income of -$19.27 Billion; My point is with US companies valued at huge multiples compared to UK companies, they can just sell stock and take over undervalued profitable UK companies and grow through acquisition. I'm surprised the US Flag isn't themed on the Jolly Roger, because for me It feels as though we've been plundered.

https://images.app.goo.gl/Civd7t44iHrLJi7h6

Once the dust settles, the cash pulled out of the market will look for defensive's to invest in. Dividend payers may be the big winners from this turmoil, if the market uses this as an excuse to rotate out of "growth" stocks and into value dividend stocks.

Kiwi, you need to look at historic posts to understand where unlucky was coming from. There was more than a hint of sarcasm in his post.

The level of NG's investments could be affected by the future wholesale pricing structure, since it could affect geographic demand in different ways; For example data center's might be built where energy is cheapest, so future energy demands may be fundamentally different post REMA than they are now. It'll be interesting to see how things develop.

In some respects it is a defensive stock, due to the low current valuation. I used to think Vodafone wouldn't go below £1 and it defied my belief by dropping to the current low range, but it does appear to be holding at the current range. The Vodafone share price has ranged around 63p to 82p since July 2023, so it has arguably bottomed in the low 60p's. I would argue there is little likelihood of Vodafone dropping below 60p.

Beo I actually think it makes sense for Vodafone to buyback stock, and I'm not a fan of buybacks as demonstrated by my historic comments on the Lloyds forum. Vodafone have sold off parts of the business and the company is smaller as a result, so it makes sense to reduce the number of shares in issue to reflect the new smaller size. Reducing the share count reduces the current dividend amount and likely opens up the possibility of increasing the dividend down the road. As far as spending the cash to invest in new business, it may be that there's just no good investment opportunities out there at the moment; If they put the money into Vodafone Idea it would probably go up in smoke, and other parts of the business probably don't currently require a cash injection, especially if a return on the investment isn't guaranteed. Because of the India experience, where the Indian Government effectively nobbled Telecom companies to give Jio a leg up, they're probably risk averse to jumping into something that risky at this stage. I also consider the purchase of the German Liberty Global assets a mistake and feel that Liberty saw them coming, but that's just a guess on my part. If the Vodafone board feel somewhat burned by these experiences and don't see any sensible business investment opportunities, it makes sense to buy back stock while the share price is cheap, and also pay down debt, in my opinion.