Stock market crash alert: these 2 FTSE 100 stocks are too risky for me right now2 Sep 2020 14:16
"The group is lining up a £2.5bn rights issue to boost its balance sheet. It’s little choice, as it’s been burning through cash at a rate of £178m a week. However, this looks set to dilute existing shareholders by at least 50%."
Is Vodafone’s share price a bargain?28 Aug 2020 18:45
"As mentioned, the current EPS forecast for this year is 6.7 eurocents. This means that at the current share price, Vodafone’s P/E ratio is 19.4.
That seems high to me. I don’t see a lot of value right now.
Vodafone shares: I think you can do better Putting it all together, I don’t see Vodafone shares as a ‘buy’ right now. To my mind, there’s not enough growth and the dividend looks risky."
The current woes are hitting the balance sheet hard. Moody’s, the US credit agency, has cut Rolls-Royce’s rating to that of junk. It expects “substantial” cash outflows as the engine-maker takes a hit from the coronavirus pandemic. Moody’s cut the long-term senior unsecured rating of Rolls-Royce to Ba2 from...