PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Maybe the question should be, why has it taken so long for VOD to become a takeover target at its current valuation? It would probably be more worrying it it didn't. Hopefully, Verizon or some other entity can see value in VOD, where the market does not. The shareprice drop has clearly been overdone.
Thanks Robleo and to Henner and Cheap shares for giving your views. The consensus amongst you seems to be that the bottom is in. Let's hope so. Maybe with some positive news on Italy we could creep back into the 70s or am I getting carried away! Lol
Wow! You must be a masochist Avocet if you don't have an issue with your investment here! Unless you bought in the low 60s of course? Losing circa 35% in a year makes this an extremely poor investment, in my view. I guess if it recovers then it could be good but there's absolutely no sign of that happening so far.
Vodafone has only increased its market cap once in the last 10 years, in 2017 and lost all the gains in 2018. It's been dropping ever since. I'm beginning to think that it's in terminal decline based on its atrocious track record. Maybe it is "cheap" for a reason as some have alleged. The current management are certainly not making any tangible progress towards a recovery, which is very disappointing given Margherita's promises of a turnaround upon taking up her post as CEO. She really has been a disaster.
Apart from RR robleo, which I sold to buy this s***! Tufan Erginbilgic seems to be the only CEO who sticks to his word and actually delivers, unlike our current incumbent. She's been in post for over a year and delivered nothing but a declining shareprice and numerous broker downgrades.q
Let's hope the recent takeover rumours turn out to be true. At the current rate of progress it looks like the only route for shareholders to claw back their losses. It seems that the market, aided by pessimistic brokers, is determined to keep the SP down in the 60s (hopefully not the 50s) until VOD starts significantly growing its income and with the German economy bombed out, that could be years! It's such a depressing share to be in.