Member Info for Longish

'Vod can do something right.'

Actually, Vod has done alot right recently. What we need is mr market to ask why everyone else isnt as progressed in their plans.

Please God, Vod can do something right. Let us pray.

Slarti, yes it's looking positive. This extract in an april article refers to the April report by the Department for Science, Innovation and Technology (DSIT).

'The nudge-nudge, wink-wink bit about Vodafone and Three falls under Chapter 4 with its leading headline of "Strengthening the investment environment." And while it clearly stops short of urging the CMA to rubberstamp the deal, it does point out that neither Vodafone nor Three have been able to cover their cost of capital since 2018 – that is, according to independent regulatory body Ofcom.

That reference to 2018 is critical, furnishing CMA with the justification it would need to wave through the telco plans when a previous merger attempt involving O2 and Three was shot down by the European Commission (EC) back in the Remainer paradise of 2016. This data finding comes about three years after the General Court of the European Union decided – at the prodding of Hutchison, Three's parent – that the EC had probably made a mistake in blocking the deal between O2 and Three in the first place (tough luck, guys).

https://www.lightreading.com/regulatorypolitics/uk-govt-identifies-big-reason-to-bless-vodafone-three-merger/a/d-id/784291

Mr Long, yes you pay tax along the way, over the 25% tax free.

If you are a 40% tax payer and retire on an income less than the 40% tax threshold, you are only paying 20% tax month on month. The state pension is £10k too, when you can get it

In the meantime, some good news today.

https://www.reuters.com/markets/deals/vodafone-hutchison-announce-uk-merger-soon-friday-sources-2023-06-07/

Mr Long.

There is no right or wrong between ISAs or SIPPS until the benefit of hindsight or, perhaps, whatever tax scheme you currently work with, so good luck.

I avoid the highest rates of tax using a SIPP. The fact that VOD has dropped more than the highest rate of tax in the last 5 years is small comfort, but I also get the dividends and, while you cant be right all the time, selling and buying back lower when its obvious, also helps. The tax benefit and the regulated telecom business model is a compromise and a buffer imho..

VOD is not alone in its performance with many value/div stalwarts also hitting multi year lows. But in the end, the market corrects, we rebalance and life goes on. Not many hold all the way from the top to the bottom and back up. But that generally works too.

From experience, as a simple private investor, its best to ignore the traders at the watering hole preying on nervous retail investors day to day, but thats also part of the price search process...

So, ex div on Thursday I think? Woohoo, thats my september european holiday money :-)

'Excellent. With a drop like that, get your buying boots on and shop this share like a maniac!'

I am buying to hold in my sipp for nursing fees. If it doesnt come good by then, I will have dementia ;-)

'....Therefore, the IDEA share price jumped because the going concern challenges that most analysts were expecting have now improved. It also gives the company more breathing space as it battles stiff competition....'
https://invezz.com/news/2023/02/06/vodafone-idea-share-price-surge-could-be-short-lived/

I havent got mine yet but in no rush.
I will be using the dividend to pay for additional years on my wifes state pension which when in payment will produce £10k per annum for 35 years nic contributions.

104.5p for me please

97p for me please.
Good week just gone. I think Nov GDP surprise was in driven in part by telecoms according to Darren Morgan at the ONS. Further GDP improvement may lift the SP again?. Enough pressure now from interest rates to make VOD a great hold and bòokend to a portfolio imo

87.67p for me please

A victory for technical analysis! Going forward suggests 77 support, 93 resistance. Personally, 93 more likely imho. 117 in February/ March and my reason to hold. I will be using February dividend to pay for additional years on my wifes state pension which when in payment will produce £10k per annum for 35 years nic contributions.

I would also like to thank Velo for posting me a paper on Candle analysis which I no longer need to refer having learnt the patterns :-)

'Salvato leads M&A and other business development activities at Liberty Global, a company involved in a massive transaction with Vodafone for various European assets which completed in 2019.
The executive is also on the board of Vodafone UK rival Virgin Media O2, an operation jointly owned by Liberty Global and Telefonica.'
https://www.mobileworldlive.com/featured-content/home-banner/liberty-global-ma-expert-linked-to-vodafone-top-job/

85.90 for me please

Trained in investment banking and consulting at Bain and with Liberty deal background could hit the ground running I imagine.
Can only speculate what deals he would do. Will depend on the running it past the institutional shareholders I suspect

https://www.thisismoney.co.uk/money/markets/article-11549349/Liberty-dealmaker-Andrea-Salvato-tipped-Vodafone.html

Come on VOD

Interesting slarti. I notice Deutsche Bank have VOD as a BUY and target 215p. I will take that, yes please.

Very good news building across the vod portfolio. Lots of interest and news articles weekly. Brooklands put a value of £15Bn on vantage earlier this year. Happy days!

'the Ministry of Magic' LoL