Member Info for johandesilva

"I’m fed up hearing the term months ahead what does that mean this year next year or year after that"
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jonbhoy, yes it means exactly that and we know that from our experience in the biopharma sector. If your invested there is no need to read these forums regularly. VAL look really strong. If no deal then small dilution for working capital is all that is needed depending on cash burn that you can work out from the finances. VAL will not go through the expensive phase 3 on AIM funding so chill and don't get fed up.

We should be clear of the sellers at some point in the year and the selling is due to 5% decline in revenues forecast, but because the Free Cash Flow (FCF - Bill on iii we will miss you) remains very strong then the 16% growth prospect is very much possible with ROI on transformation an acquisitions spend to boot. If you are happy with the time frame this remains a Strong Buy. I suspect many will sell too early but 280p and divi is possible IMHO if your time frame is longer.

Well tracked Bwgs. Good to see the buys on the other side of 3p.

18-Jun-18 09:08:18 2.88 1,060,630 shares Buy* 2.50 2.90 30.55k

AW100 wrote: "How long does everyone reckon it'll take to hit 2.20? Could be wrong but I don't see much growth potential with this stock." AW100 you are spot on this is not a growth stock and the dividend is what you can expect as your growth. However, we all know this and use the opportunity to trade high amounts in slow motion given the risk-reward is low*. But look where we are now and look at the "Consensus (broker) Target Price" that has always stayed around 240p to 260p yet the share price has fallen from 220p and this where the people I trust see fair value for Vodafone. What has caused the fall? I believe the successful transformation of the business has put VOD in a strong position and investors have sold on this success from about Christmas. What I need is to extend the timeframe for 220p. Set up an automated order and stop reading and contributing to these forums. VOD always comes good... usually after I become impatient and have sold some.

Billy, I agree it should rise in the long becuase nothing much has changed since the 400p days. However I desagree that ther will not be wild swings for reasons exressed by Bill on iii forum related to view on debt vs views on what the company is worth without it!

What has changed since the 300 to 400p levels to warrant this fall? Financials FCF look better with some cash to still pay a smaller divided. Market sentiment could change give it 2-3 years. No need to dilute cos of early payment charges. In the meantime shorters will be looking to get out even lower but such is stock's.

Compass007, I have just added too. But... quarterly performance tomorrow! Nailbiting stuff. I have a second batch just incase.

"Panr looks bettter I think 3/4 weeks could double with production " * 3 to 4 weeks no chance! Pehaps a year+ * Double with production - sorry that is not even close. Upside of at least 4 times with production. See recovery play of Genel.

Its not all LEK's oil. There is a seller. Afren assets LEK have are more exciting.

2reincarnated, buy in batches spread out monthly this year would be wise. But I suspect 160p to 320p within 2 years possible. Institutions paid as much as 400p and very little has changed other than insurance premium tax on the downside and on the upside increased membership numbers.

"Once it hits £1.50 - £1.45. Or 2 weeks before the 29th announcement. ...." James how can you know this? From the last significant low and the next high from this point a Fibonacci sequence is plotted on a graph shows a downside of 90p! and that is rubbish as well considering the dividend yield would be massive. How can you get £1.50 - £1.45? This is unplottable, unpredictable surely? "2 weeks before the 29th announcement" Agree this one would be better indicator. Divis, new CEO etc...

"When is the reversal likely to happen? After the next trading update perhaps?" When the market deems it ready and 4.1% or so short positions closed. Dunno when, but do know over the longer period...

2reincarnated, Why would they want to do a rights issue? There is no way on earth they need one now. They generate loads of cash. The debt can NOT be paid off imminently early. Pehaps in a couple of years time and from a position of strenght. Imagine how much the market cap would be without the debt. There is risk but the reward due to the gearing is one that is rarely ever seen. A very strong buy with a 2 year view to doubling your money.

Pretty shocking to read. Not sure about the impact it will have on PAF who don't need funding for the foreseeable. Rand falling is good. I am sure a comprise will happen.

They are cutting in fine but 2017 looking good.

Not easy to tell from the numbers considering the payments are later into the 6 month period and the cost of ramping up production.

The coal money was much needed to lessen diution to expand Elikhulu tailings project that will lower costs and increase margins significently. This is the right call for sure and shows the brains behind PAF had not left. Lovely £560,000 buy on Friday.

Couple of things in PAF favour regarding this. We already have growing SA ownership attracted by the higest dividend payout. Also we do not need further invetmet to grow.

realdeal2 that is incorrect. What Nigerian management was involved in Afren? The BOD was majority white doing the scamming. Also look at the growth success Afren had before the collapse. Yes the country is corrupt and that is factored intot the share price. But look at the positive news flow: 1) Massive GE Oil & Gas and LEK are drilling OPL310 at the end of the year or Q1. The CoS is high cos its appriasel. 2) Ministerial consent for Afrens complete share (outstanding) 3) Payments (check) 4) Ramp up production to 10,000 (in reletive short time) 5) Share price bottom reached. Once the seller is clear we ready to go. Obviousely dont put too much of your portfolio in this but its good for a 50%+ gain and then some by Q1.