Oh dear, shows that ain’t attracting big ad spend should be axed. The comparison with BBC / Chanel 4 must stop asap and focus should be on competing with Sky. The blind fools here kept defending the clueless CEO, 100p is on the way before we crash through 50p........so many fools just keep believing in entitled fools.
Vod’s revenue is appalling, should be over £60 billion by now but the company has not moved into growth sectors. Why they wasted billions in India is beyond stupid when they can clearly see that digital advertising and fintech was growing rapidly. I always discount all their EM businesses in countries with weak / unstable currencies. EU has 400 million people, add Russia and other countries with stable currencies. Apple, Facebook, google have made so much money because of 3G / 4g capabilities while we are stuck in the rot.
Most new firms have higher revenues than this old school dumb company. A company that didn’t move with time but got greedy overpaying its execs with bonds and intentionally wasting billions in India and other dumb EMs with $hit currencies. You can’t lie about poverty and weak currencies in EM countries, only miners and oil companies make money there.
Divi cut was agreed when the new MCBs was issued, only a fool would think that wasn’t the case. FCA would find trail of email, memos between VOD and the syndicate buyers who snapped up the convertibles.
The city is allowed to engage in daylight robbery because regulators are ex-employees. I’m not trading or buying individual shares / bonds anymore........just low cost equity / bond ETFs for now until we get a honest stock exchange. Amazon effect will come into stock exchange business one day and retail traders will be treated same way as brokers..........10p - 20p per trade, low annual account fee, shares / bonds in buyer’s name.
Most U.K CEOs work for big shorters, very stupid not to be clear about the divi last year. The FCA is the most useless regulator in the world. SEC might be a bit over the top but a 60% of SEC would have jailed most MMs and hedgefunds operating in London. This market is stupid, private investors need their own simple stock exchange with real ownership, online voting, digital share wallets......no dumb custody / nominee ownership crap.
Divi had to be cut in this fake economy, telecoms can’t increase prices because of socialist regulators. With all the social media boom and smartphones usage......most telecoms are in a bear market. I was expecting a fat juicy divi but now need to cry! Some fools here kept saying divi won’t be cut, haha..........
How much trading commissions & stamp duty are you willing to pay before making any money in this garbage company. They produce good shows then give it to bbc who are not a commercial company. It’s like working closely with Cuba / Venezuela and expecting to get rich. Advertising revenue keeps going down because ........line of duty, Poldark, bodyguard were all on bbc instead of sky. I bet sky would pay us more for those shows.
Not defensive, not a bond proxy, not a blue chip, not value, not essential, not growth........this company is just a debt trader. Not sure many retail traders shorted VOD while above 200p and most would have opted to short Ocado back then.
The dame is clueless but it seems some here are so blind to see that she’s moving in the wrong direction. She’s from easyJet and doesn’t understand advertising market, she thinks she can compete against Netflix with $hyte britbox.............no way ma’am, just get cosy with ad buyers and work with streaming giants while slashing pay from useless broadcasting unit. Ant & Dec, holly, this morning freaks......all their salaries need to be slashed as they are money losers.
The recent MCBs conversion price was favourably massaged lower already, we have to be within / above the conversion price for the next two years.
Pension funds are happy collecting divi as they don’t intend to sell VOD shares anyway, only retail traders worry about SP. Stop looking at the SP, focus on future potential and telecoms sector in general. The market knows how to rob retail traders.
He wants to do deals in the UK, has over $100 billion in cash..........The U.K is blessed with lazy / over compensated dumb CEOs, Buffett and his smart team must see huge scope to improve efficiency and profit. Same laziness and foolishness can be seen at the leadership of both ruling and opposition parties.
Vod must be on Buffett’s radar, divi savings alone will be huge along with execs cull and customer service automation.
That was a much improved post but you still don’t have a genuine opinion to share about VOD and the SP. I can promise you 300% SP increase within 5 years if I am the CEO. NR and his gang are only looking after themselves and planning for a lavish retirement.
Big businesses are useless and less accountable after signing up customers. All they want to do is take payments and back it up with great service. Execs and managers are overpaid but they live in a different planet..........report British Gas to Ofgem and the relevant ombudsman as you are a due a compensation. Most U.K companies are $hyte but can do better if not for lazy, clueless, entitled bastards running.
Issue new mega long dated euro bonds (1% - 2% coupon) to payoff expensive bonds since profit margin is thin in a tough regulatory / competitive market. Massive job cuts in head office / call centres (allow switching / ending contracts via online or automated calls) Buy a fintech / payment startup in Europe (the hype alone will help this zombie SP) Launch VodaCoin crypto currency on a new / faster blockchain (SP will rocket 1000%) Launch a peer-to-peer lending / online marketplace