Member Info for Gerry557

Not sure what to make of this and might go and have a look next time Im up that way although not sure what I would gain that a trip on google maps wont do.

12% dropping to 9% is quite a large return based on likely cost of debt. Add the refinance deal and some sale of something TBD maybe they will be able to fund their growth plans after all.

Divis not likely to grow much short term me thinks but should be ok for the longer term

The media see to agree with you but it seems a tad on the high side for me but maybe Barclays have more sway than I give them credit for.

char333, my observations see Feb or Mar and Jul/Aug as suffering SP's and Xmas and New Year doing well. (Santa rally?) and whilst the winter period generally does well it also suffers biggest drops. Now I have said all that it will prove me to be a liar!

2008 financial crash? might be worse than now or were you talking specifically Vod? Yes incidents are likely to cause downward spikes, like last Brexit vote results but people often forget companies can adapt and evolve to deal with most situations and when results better expectations, the SP follows.

Most areas for Vod were improving and Turkey was second biggest growth driver albeit with rising inflation. Now its time for the board to earn some of those big bucks they are being paid (I expect lots of bonuses will be paid even with a falling SP!) I suppose we need the next set of figures to see how things are transitioning, I expect Turkey wont be a driver next time round but inflation might offset some of that and what options can they use with debt?

Still sentiment is not looking good so I might get a chance to add some more high yield and maybe I should aim lower than my planned 175 or the last recent low and as I like round numbers lets call it 170. Stick or twist?

Well the improvement is starting to show now .......

"The Company will increase its annual dividend by 5% for the quarter from October to the end of December 2018"

It's taken a while to see an increase in the divi, lets hope there is more to come over the years

danieth, the dip was 173.5 although normally when I go away I put a lump sum on a limit order against a number of stocks at low prices and see if one gets filled except it would not allow me to do that this time as it said no funds available on the second add. I would most likely put Vod in at 175 (which would of hit) this time.

as for mayhem, its free to post what you like (within rules) and as much as you like, although sometimes you cant see wood from the trees, a bit like Lloyds bb.

There are lots of pressures, so sentiment is most likely the driver on the SP. Latest figures were off a tad and I suspect the Turkey situation isn't helping added to the lack of flex now that the balance sheet has been loaded up to fund the deal. Brexit, Trump, UK, India and trade wars so lots of reasons to be fearful.

They have to navigate the choppy waters until they can extract value from the deal (or maybe deals) which is likey to take some time. In the mean time they are divis to collect. In fact mine has been paid twice so I am expecting a call from the broker asking for one payment back before Mrs G spends it all.

Shares generally do well from September onward and suffer in summer. Sell in May phrase might be true this year

Results for PHNX, which we will have 20 percent, look ok and will exceed upper end of cash generation.

Expects to complete by the end of the month

Queeny, you must have a big family but a profit is a profit and all that. Trip was fine, no problem feeding myself.

Grayling, the costs are running for two years now ....... will it get extended further? Maybe Queeny was right to collect.

Need to do some more research on this issue as its spiraling and taking longer. Trouble is it will be a while before the new part proves itself.

Mayhem? I see the bb has been busy but that's ok isn't it.

I can't do recommendations, except for myself. If you want strong recommendations look to the brokers.

http://www.hl.co.uk/shares/shares-search-results/v/vodafone-group-plc-usd0.20-2021

They have x4. If you were happy to buy at 200 why wouldn't 175 be better? Assuming nothing has changed.

Will it go lower? I missed the recent dip, will I get another chance? or am I being "greedy"

This has potential, reduced costs and overheads with no outlay.

Another banana, another jar!

say MRW fastest growing of the big four. ....... lets hope the divi follows.

Depends on how historic you want to go ..... 150 was a peak 10 years ago dropping to a quid.

Still its nice to see the strapline "Delivering a more valuable Vodafone" next to the falling SP graph on the investor relations page!

I dont mind a lower SP ..... chance to compound those divis

Its a good question and might depend on which broker you use.

Will there be a mass sell off from index funds and the like?

It would be nice if it created a buying opportunity but somehow I see them managing things through the period.

They have been issuing more and more shares to grow the overall size of the company not divi growth per share. The cynic in me sees the fees paid to management growing, as its based on a percentage, whilst the owners have seen little benefit from this policy apart from the security of being bigger, if you can really call that.

Captain, hopefully the divi will rise a tad every year, at least to cover inflation. Then with efficiencies, the company should be able to add more, so that over time your "running yield" keeps growing over time.

Five years ago it was only 40p! The risk is the SP could fall and erode capital but the hope is that it will get dragged up in time too so the buy yield stays around the 5 percent mark. Hence the saying buy the dips, it gives you the chance to lock in a higher yield.

The yield is based on the SP not the ability to pay. As for reducing debt they are/have done the opposite to fund the Liberty deal. At this size they are leveraging the debt to increase the return. If debt is cheap and you can get a better return ....

Still they have to see that return so much will depend on the execution, hopefully they have under promised and over deliver.

A billion pound problem, still its much cheaper than the alternative. That will be why no divi increase in the pipeline.

Lets hope the new parts fair much better, if so 2020 looks good

I was wondering what RGL were building a war chest for after the bond and sales but it looks like they are buying more English properties. Still selling for greater prices and buying with high divis should help the cash flows keep coming.

The Fool will be saying sell tomorrow most likely, so they are always right no matter what happens.

I'll be collecting divis until I can sit on santa's knee and tell him what I want for xmas ..... a rise in the divi would be nice!

Liberty would be the most obvious choice but the reverse is on the cards in part. Manx telecom looks constrained and voda would fit if they want to go on a global buying spree, SP might have to fall a tad though......