Member Info for Gerry557

No I'm not blind, many have made a case over whether any divi should be paid at all and should be reinvested in growing team company. I did also say I preferred low debt who wouldn't

Growth can come in different forms though, even if the SP stayed exactly where it is forever by reinvesting the divi you can compound creating growth. I've stated previously why I like dividends and the regular flow of cash coming in, hence why I buy income shares like Vodafone.

The bean counters decide how to managed the debt and its a tool in their armoury. Going back to the house purchase, why would you pay off your mortgage if you were on a 1% rate? You can get better investing and inflation eats away at the amount over time effectively reducing it.

I agree things will change and then paying down that debt might become more of a priority. Vodafone have highlighted that debt will be at the top of the range and are targeting a reduction. Let's hope trading allows this to happen. Again going back to the house purchase what happens if you loose your job. Your mortgage might be cheap but if you can't pay the interest you will lose your roof.

I suspect there are more people that own a phone than a house. You can't manage without a phone but you can without a house. Maybe the older generation might disagree.

Mrd5432

I thought it had £14.2Bn in cash and likely more as it gets ready for the Liberty deal and starts accumulating.

I suppose the divi will have to be accounted for and general runnings.

Even so it a point in time, like the SP and wots $0.7Bn between friends!

personal quips
can't buy a house unless

3/10 please try harder

"Where have all the posters that banged on about the divi comes from free cash flow, but not from the share price gone. An answer would be good!!"

I suspect they are all still here waiting to collect the next dividend and wondering if the knife has fould a ledge to add some more.

"What does free cash flow mean, I'm still waiting for an answer. How can you have free cash, when your debts are more? & your profits are less than your dividend?

I think others have covered this for you but you do seem a bit disparaging of others posts with those personnel quips. Argue the point not the player. think of it like this. The majority of people can buy a house unless its from free cash flow ie mortgage. They dont have the money now but have regular income that more than offsets the cost of interest so they pay the interest for years whilst paying down debt over time or investing money to pay it off at some point in the future. The only difference is Vod doesn't have to retire at 65! I also think that tax and investment are probable part of the reason that debt does not get paid down although this might change as it become more expensive.

Yes I would like debt to be zero in all my holdings but suspect until rules change some will see benefits in having debt.

Its not due till Feb or do you mean your is 8 months late?

GabsterX
"Americans withhold 30% of my dividend before I even see it, they can kiss my prehistoric ass!"

I'm no tax expert but look at a W-8BEN for to reduce it to 15%. You need to resign every three years or so. It's reduced mine

Of comment on this bb. It's almost like LLOY brexit chat. I can't see me getting that time back. Might have to miss most posts so

SP still falling, I predict it won't drop by more that another 153p!

jpam, I think I missed most of Last Calls musings as I was away at the time I think and he kept being banned or deleted for some reason. Looks like he also upset many on the bb but again I missed most of that too. I think I saw some of him on other shares and didnt note anything at the time that would be ban-able.

I suppose many say a share will fall or rise without any reasoning and suspect that might not be helpful to many. Chartists also see patterns suggesting movement one way or another. I dont pretend to fully understand but suspect there must be something within its core.

I can more understand fundamentals and share specific news but just because Im happy doesnt mean Mr Market agrees. "market can remain irrational longer than you can remain solvent." come to mind.

"one should focus on ' who wants it to do what', regardless......" Who is the Who? because I think I might have missed that.

Till then I have to hope those in charge can keep a grip on things and there is time to pull out of the liberty deal if things go pear shaped with them albeit for a largish brake charge. "invest in businesses any idiot could run because someday one will." Lets hope Mr Read isnt.

Off to try and catch up on all these posts, cant see the wood for the trees

I doubt it's unchanged and expect it to rise substantially as forecast to fund the Liberty deal. India will be off the books at some point if not already, I think it is.

Depends on how much has been spent on this so far. Also rumours that some of the board might get pushed out now too, unless it seen as respecting shareholder wishes

Well according to Investors Chronicle. Does that mean we're all doomed!

They seem to have as much clue as everyone else in all honesty. Didn't read the article just saw the headlines and a comment about divi cut fears

Just like this bb then

It must have been my single vote that swung it!

The sad bit was hoping that I might get some much cheaper for Christmas. I noted comments regarding some sort of fudge on the tax if it didn't work out. Not sure if I was a Dutch national that I would be happy with paying others more in divi's to compensate.

Will this mean a rise in the SP now allowing for Mr Market of course

Glad it is sorted. Just out of interest why did you move to HL?

If you have only just opened a HL account maybe you didn't own the shares on ex divi date so will have missed the divi this time round. You need to check your purchase date.

HL normally pay pronto as your paying extra for the service. The phone will be answered quickly too if you ring for help

Well I have voted against the move, mainly due to holding funds that hold ULVR rather than my own direct holding in its shares.

If someone wants to come and offer me silly money I might want the option to consider it but we managed to thwart the last bid under current arrangements.

Not sure that there is that much in it really. More concerned that the tax fudge would fall fowl of some EU directive and I would end up having to pay WHT at some later date.

Just get on making the company better

I'm getting mixed messages from the results, some metrics improving and a nice pipeline but issues over how to fund all this. Is a placement on the cards?

Still its going in the right direction. Moving away from retail seems to be a bit of a theme with property, just wondering if it might make retail a bit of a bargain. I wonder who is buying up the retail side of things.

SP has come off the boil recently, is that Brexit concerns or a change in government? Still might wait to see if the yield rises to higher levels or we get a discount on offer before adding more.

auctions surpassing all expectations and now above 4.4Bn euros .......

Vodafone normal run rate was £1.2Bn annually from memory so this sounds quite expensive, although it was forewarned by Mr Read to some extent.

I wonder how much higher it will get and will it be cheaper than not winning any spectrum in the longer run

Well I got my "nice fairly mundane slight improvement statement"

The cherry on top was the improvement in recycling.

Trading update due so eyes will be on pnn this week. Outlook looking more negative generally what with regulators, the government meddling and Brexit woes maybe bringing another general election fears and the concerns over re nationalization.

Otherwise I would be expecting a nice fairly mundane slight improvement statement.

danieth, my last buy was on 31st Aug but I think I reported on here before start of market on the following Monday as I had a busy weekend.

Lots to look at not just here but maybe we need to keep extra cash until this Brexit thing pans out. Then again there will alway be another something that we should keep cash for so its trying to find a balance