Member Info for Longish

Thanks Mikeyh

Hi Jack,

I agree, the macro climate and timing could have been better. US China sentiment would help. I hope NR delivers everything in guidance and maybe a cherry on the cake, something everyone can cheer for. Vod SP has been a long drag.

Re special category database. I doubt anyone on the BB will get a visit from Pamela Anderson LoL

Good luck over the next few trading days..

Support 138
Resistance 144
https://www.marketscreener.com/VODAFONE-GROUP-15867071/charts/

Anyone know which is the last day of own share purchases? Be good if the last day was also results day and a large purchase to make up the balance?

Quick, call The Doctor. If two turn up, that will be a pair'o'docs

Hi Jack,
Looks like they lifted all data off the LSE database. LC was banging on about his job as a muppet working on search engine optimisation. That made me look for a data source. Maybe you can buy the LSE data for trading programmes etc? Maybe LC is an algorythmic bot LoL

' I don't know how char got in the frame though, & as for moniman??!!'
Char Moniman, come on own up. Are you talking the SP down for your CFDs or to get a cheap long. Keep your response short otherwise you will move up the leader board!!

Dan, LoL. I think I write too many long posts. Apparently you have to be careful of that..

'pumped or dumped'
I was surprised to see our names recorded on this AIM tracker..

DJ it could be partly down to you. Be careful when reading these Rampers posts on pumped or dumped LoL

1 Longish
2 danielh
3 jackdawsson
4 char333
5 Compass007
6 Djones21476
7 H-hi
8 Gerry557
9 OFAH
10 moniman
11 fleccy
12 doze
13 Mikeyh

http://pumpedordumped.com/rampchecker/rampcheckbytidm.php?search=vod

Support 138
Resistance (is futile) 147
https://www.marketscreener.com/VODAFONE-GROUP-15867071/charts/

Hi Jack,

For me the FCF and the div are key decision metrics on 14 May. I know your concerns on debt. My thoughts on debt are that Vod is required to build network out to 90% of its regulated geographies when a rational economic business would build to say 40% ie where the population is. In this view, Vod is underwritten by governments and nations who subscribe to WTO rules and GATT in relation to the long run incremental cost of telecommunication networks, the EU in particular as sentiment in the US and China is still (re)forming. Low EU interest rates are locked in. Ideally we should look out for an announcement how NR will pay down some debt proportionate to the whole Vod portfolio of risks.
Rgds

Hi Jack,

I expect it is legal disclosure to cover the period up to BoD approval. 'Events after Reporting Period occur between the end of the reporting period and when the financial statements are authorized for issue.The date of authorization for issue is usually taken to be the date when the board of directors authorizes the issue of financial statements'.

I expect both new and old auditors will be all over this for the current FY. Its a formal review for all company accounts. If everyone has done their job properly it shouldn't be a surprise but it is a strong control procedure.

Moniman,

That's not funny. Please write out 100 times 'I would pay £3.50 per share for Vod if I was Warren Buffett'

Dan, Jack,
I think the results aren't 'final' until they have been approved in (annual) general meeting by the BoD and signed off by the auditors etc. Copy sent 21 days before the AGM which is 3rd/4th week of July.
Must report on post balance sheet events and impact between year end and AGM eg 9th July Liberty clearance etc

CITI seem comfortable that FCF is sufficient to maintain div after spectrum costs etc
https://www.hl.co.uk/shares/share-research/share-tips/stockbroker-tips/citi-reiterates-buy-for-vodafone,-says-dividend-cut-not-its-base-case

Hey Moniman, we are all learning. Good that Vod has moved above BHP in the FTSE all share index ranking. One scalp at a time. Glencore and R&B next ;-).

I guess this (remedy) is a signal Vod will get clearance for the Liberty deal. The combination along with mvno 5g acces over Telefonicas network looks like BT EE combination in the UK. Maybe unlock incremental value?
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=VOD&ArticleCode=5dtpjdfs&ArticleHeadline=CABLE_WHOLESALE_AGREEMENT__TELEFNICA_DEUTSCHLAND

The mobile network operator (mno) who concentrates on delivering value to existing (and new) customers without raising prices drives incremental cashflow. Lower value propositions at lower prices are less competitive.

Look out for evidence NR is 'sweating' the Vod assets in the same way when we see FY results shortly. That will be a good sign as to Vods competitive and operational health and therefor casflow systainability.
https://www.telecompaper.com/news/orange-leads-growth-in-belgian-mobile-market-in-q1-as-telenet-proximus-struggle--1291544?utm_source=headlines_-_english&utm_medium=email&utm_campaign=07-05-2019&utm_content=textlink

Moniman, you are such a worrier and your concern admirable. You could try bonds for a decent yield if Vod is too racey for you. Risk is that interest rates may go up and drive bond prices down.

comsman,

Since the start of the year, Broker forecasts have turned more positive. This may be significant for PIs as the current triangle pattern reaches its apex and signals a breakout. Coincident with this is the end of the MCBs, FY financial results, div declaration/ signal div sustainability and Liberty clearance. Underpinning all this is FCF and allaying concerns over spectrum costs and other capital reinvestment items.

I guess the question is, will the SP breakout to the upside or the downside. Recent prices have crossed the upper edge of the triangle signalling a breakout to the upside and it may be (as you think) brokers are better informed than we are!?