Member Info for Gerry557

Debt bigger than the announced deal costs too. Is this a timing issue with divi payments and spectrum costs plus india issues might explain the fcf of only 34m Euro. Going to have to go some in the second half to get that 5.4Bn or sell a lot

So results are out and as usual its a mixed bag. Gloss being added via savings, lower churn, improvements in income etc but then post a big loss ok it another "one off" So India isnt yet behind us. Management did say they wont be committing more money but are they going to let it sink?

Debt is higher then the x3 predicted and when asked what the current level is, they asked to take that question off line. Its due to get down to x3 at year end and then reduce to x2.5 in a few years. The "deal" was supposed to be fcf accretive but now fcf is only expected to be around not at least 5.4Bn Euro.

Not sure whats going on with the divi, Interim 4.50c was 4.84c so down only (7.0)%, Well that makes it look much better than the cut in divi announced previously. I might have to go back and check the divi policy is it split 50/50 now to make the 9 cents ?

What did the market think .... well the SP has risen on the news so maybe Im being glass half empty and that things whilst worse than expected will improve and maybe that gloss is shinier than I first thought.

Not sure about £20 Quid but stranger things have happened and often shares behave completely irrational. Merge for synergy savings or split for more focus. Its win win they should be doing it monthly!

Caught up with Panorama on catch up talking about Woody. Whilst trying to be sensationalist as usual, I suspect he is no longer just a falling star though but about to become a Black hole. Im sure there are a lot more details to come out but the whole industry looks a bit tarnished, manager, board, regulator and rules.

I suspect the book will be thrown at him and he will have to take his £20m and walk away

I sorta agree with the sentiment Love you and you don't pay fuel duties on lecky cars. Still all that tax pays for hospitals, schools and benefits. I suppose we could privatise them all instead.

Current government did put a freeze on the fuel escalator and Xr are trying to help reduce your fuel usage. Yep put that duty on coffee at Starbucks £6.60 sounds ok

Bikes are cheap for of transport by the way

Woody wanted these to split and it's looking more likely than it has for some time. It's looking like he might miss out though as he becomes a falling star. I've held some of his funds previously and did well but didn't follow him to his new venture. Wise or lucky? I'd take either.

I wonder if he looks back and wishes he kept this in his PF. It's not rocket up but has been steady. Still if he had maybe it would be eight quid now.

So splashing the cash on more properties, regardless of any Brexit outcome. I suppose it shouldn't make much difference as it's more about the economy and the wheel keeping turning and the margin paying the divi's.

Didn't find much on the new properties on first look and won't subscribe to property week for their take. It might come out in the wash later

Well I can't wait for the Brexit TV series, so many twists and turns. It will have to be made split screen with one side for leave and the other remain. You can pick your own baddie or goody.

I suspect many don't want season two......... Unless we wake up in the shower and it was all a dream. So no cheap buying this week then..... Or maybe there will.

Well it's been a roller coaster fortnight with big drops the previous week in the market. It's looking more Brexit related so more big moves either way likely. Over 10 percent rise in LLOY and 7 others in my PF showing above 5 percent daily rise.

Still some down on the £ rise so swings and roundabouts. Away for a few days so might miss some panic yet to come. What will today bring, some profit taking on any shift in Brexit sentiment although there are news stories of a big Brexit deal dividend, if it gets sorted.

That is hopefully the start of some normality with India. Its hard to compete with free. As a consumer its great but not as an opposing shareholder. As they start to cut back on the free stuff then more vendors start to be able to compete and hopefully that will translate into better things down the line for my divis

Over subscribed and scaled back! Didnt help the little man though, bit naughty really that only some get mates rates.

Woe there Dan, have you not heard the saying if you haven't got anything nice to say don't say anything.

Its just some context, use it how you like. Mike will be moaning about you at this rate. Market/tide turning, is it time to run to port.

Well shares swapped and now all together with one broker and managed to end up with a tad more shares to boot. Market dropping and maybe I should have held the cash for something different

"Moaning moron Mikey, works for vodafone"

Yes Dan, Im making him your boss!

Markets, like the tide ebb and flow. Vod has been on the rise and now its time to slip. Remember October is a correction month and well known for big falls. Most of the time you just have to ride through them. The winter six months is also normally when you get most growth. So is there anything on the horizon that might cause shares to slip???

Me im putting on my safety harness and clipping to the boat cos I think its going to get quite lumpy out there soon

Dan sounds like you are all revved up with no place to go. Only one thing to say on a happy Monday .... Step on!

Half your pay! thats far too much. We dont want to get labeled as gold diggers. No, some free share ought to do the trick.

Not sure about the towers thing, what if they make a different tech that doesn't need them. If somethings so good why sell?

OK they need some cash but still. Vod starting off the week/day in the green but doesn't something happen late afternoon?
Might have to do some more research into towers now you lot have got me thinking. Still I like steady eddies ........ which I thought this was.

Newbie642, I'll give you a seat on the board then.

Dan, only Newbie642 is allowed to vote .... so yep I win! You even lost the 5 days in a row bet. Have you got a £167m lottery ticket. I wouldnt bet on that either. Your better of with me and Newbie

Well if you had the option to buy, one with a sub and one without, what would you choose? Admittedly there will be a (bigger) FX rate to think about if agreed but they have mentioned the hedges etc. So probably not too much determent to share holders and could be more beneficial. They still can do UK business if they can find it at a cost effective price but they think this is going to get much harder.

Still I sold some on the news, hoping to buy them back cheaper.

Wot could go wrong!

Dan, I think I could do better than Nick Read. The only problem is the money. You will all start calling me a "fat cat" and he's "screwing the small share holders. etc.

Id cull the divi, buy a company yacht (I need to be seen to be trying to be green) use the company jet less and get us taken over. Id also introduce a Brexit phone deal and a remain one thereby scooping up both sides for sales. Might even select a few good causes to help too. Dont worry Ill sell a few of my discounted pay scheme shares to cover my missing divi until my guaranteed bonus kick in

Still Ill give you mates rates and top insider tips whilst your chucking up over the side of the boat. Its not all plain sailing being a CEO !

That was done and dusted on 31st July check out the RNS

it aint me, my yacht is too small