Member Info for johandesilva

From my local town...

Aldershot man battling to keep vital lung cancer treatment
https://www.eagleradio.co.uk/news/local-news/2679139/aldershot-man-battling-to-keep-vital-lung-cancer-treatment/

"Why ?? whats changed ??"
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brexit's sense of humour :-)

So what is it we are missing here about the products. Or simply are VAL missing somebody on the BOD to do these fundraisings who also have some skin the game who would have done a deal at 2.5p not 1.5p.

They did today announce they raised over a million pounds so there must be something there. We are all missing somthing though.

harley24,

The risk-reward ratio favoured this outcome as much as we liked to have believed otherwise. I knew they had to raise money and taken the gamble. The 1.5p is way too much of a discount from the 6-month average and the cheek of the new buyer to offer so low is an indicator that they too are in it for the long run cos it ain't going up at 1.5p, had the placing been at 3p then the share price would have soured.

I do support the BOD but I can't wait for the BOD to receive a grilling in interviews. They need someone in the BOD to drive the share price and take a large stake.

Time to switch off.

Goldman Sachs Communacopia Conference 2018
Nick Read, CEO Designate, presents at the Goldman Sachs Communacopia Conference in New York
https://www.vodafone.com/content/index/investors/investor_information/presentations.html

32 minutes in: Dividend cover through FCF confidence. Reflects my views and I retain a Strong Buy.

I should add, when a buyer is found the buys are reported and the sell is not reported until the buy order is filled. I believe, imho etc...

No manipulation. When a large seller wants to dump a large amount a seller or sellers but be found. They drop the price to attract larger buyers. As the price falls small PI's panic sell and small PI's like me buy those panic sells.

On larger stocks such as FTSE250 when there is a seller, the only manipulation is done buy other holders and shorters. Instead of buying the sellers stock they sell their own to flood the market (or go short) and then send the share price and their own holdings lower only to try and buy at the bottom.

Its all games, but not MM games.

" i'm expecting 1.25p - 1.5p placing"
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What was the share prices of the 4 placings in the last FY ending April 2018 (sorry I am a relatively new investor running short on time)

"As at year-end, the Group had cash and cash equivalents of £701,410" 10 Apr 2018
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Six months on they do need money hence the fall in share price and a derisking of one investor who dumped a large amount. A deal is binary but you would think something has to have leaked out for this deal to be positive.

I added a small 700 pound to my holding this morning (yes I know last of the big spenders but I have balanced risk-reward to stake).

Interesting to read some personal relationships with cancer, you are not alone here.

Interesting that Elliot was accusing Telecom Italia of "short-termism" when media reports had hinted that Elliot believed the Liberty deal payback was too long for Vodafone!

"so..why can you sayt that ?...as surely..you do not know that for sure....either "
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Poker chips, I do as markets are somewhat cycles and sectors are out of favour eventually recover and I totally agree with fleccy's points in the other thread. This is how funds like Linseed Investment Trust have done so well following the smart money into Amazon and US stocks. The problem with many of us is we are stuck with UK stocks. The current trend is buying global funds who can buy into these sectors (PIN is another great fund).

A dividend cut is an option sure but not certain as is not really the Vodafone way of thinking long-term and nothing fundamentally has changed for the worse other than slower EU growth. Rather than a dividend the potential for dividend growth over the coming years is possible and claims that the FCF is needed just to keep afloat and is under threat is not a new story here. The reason for the drop is the sectors of value stocks, UK PLC, EU stocks.

Before the Verizon deal I was piling in on the fall to 190p and yes I was down on my investment for a few months, but it came good.

The only self-deprecating thing I can say is that my timing is often no good.

"That's a totally erroneous statement and needs retracting or at least correcting."
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Velo, I will retract it because it was not totally accurate. What I meant to say is that the dividend cover since the financial crisis has not been better. For the first time in 2018, it was covered. Equally, you can not claim that "this can not continue" you don't know that for sure. While it is always an option to cut the dividend VOD can also cut back on acquisitions and capital expenditures and a couple of accountants that have consulted agree there is enough headroom in the FCF and there is nothing new to indicate an imminent and significant dividend cut sending the share price lower from here.

The majority of the fall is down to the sector along with BT but also in profit generating UK PLC in general. These areas are down and given time they will recover.

Mishmosh, I am not sure I do understand you when I was writing to someone else. Perhaps view the forums on a computer where you can view "thread view"

"I bailed and went to Baillie Gifford US Growth Trust for now"

This is interesting because I am slowly reducing my US funds (ATT, Scottish Mortgage eventually IBT) for UK and Euro-focused fund and VOD exposure. OK I admit I have started too early with VOD at 195p as don't claim to catch the bottom and top of things but this time next year after brexit has settled I am confident buying Vodafone and certain UK finds like ITT and specialist adventurous UK funds such as the Cancer Research one (Syncona) is the right direction.

Velo, while you understand trends and various valuation models and write really well, you do not understand Vodafone balance sheet and FCF. Vodafone's dividend has never been better covered.

For some reason, my buy order went through out of hours on Friday at 163.8p. Happy with that. Europe and UK PLC has been hammered for too long under the dark cloud of Brexit, let's see some positive movement within 12 months.

Hi Pokerchips, and everyone.

It is about momentum and punishment. In smaller mid-caps, you can observe punishment. For example, if a fund decides to sell other funds some who even own the stock don't buy the selling stock like you would expect, after all VOD is an exceptional value and why would you want your holdings to go down, no, instead, those who own the stock decide to flood the market meaning the large selling fund gets a low price. This is a punishment. The stock can be bought again in the long run cheaper.

This is usually done when momentum is low and in VOD's case the director selling is a massive reason to punish the seller and flood the market.

Those who do not hold the stock go short or wait for momentum to change direction (hence why charts work when the momentum direction is going one way).

Bank of America, Merrill Lynch etc... are punishing and the drop has nothing to do with VOD being cheap. But value does win in the end for example when Buffet bought Bank of America at 7 cents.

Unfortunately, this is why forum trolls with inside information and no intelligence are proved right in the short run because they follow this momentum. I have been here before with VOD. The trolls vanish when momentum changes direction.

Dont worry this will be back to 200-260p for those happy to wait.

Earlswood is most likely a fake post, motives unclear but we know before the end of August where the chance of news is low is the ideal time to try and create some volatility. While I hold VAL I have promised myself not to buy any more individual stocks and I confident success will come.

But there is strong performance in Germany and a recovery in the U.K., coupled with continued growth in its Africa, Middle East and Asia. Germany must be key as being the centre of Europe.

Biotech and funds only tend to focus on holding US biotecs. So I am proud of yet another UK success in this sector. We are at the extreme end of this value gap from 620 million to 15 million, why the heck don't investors other than us and Slater have faith in Valirx.