Member Info for meshtrader

"I would hardly call myself a day trader I can post some of the positions I closed out last month one is dating back to October of last year. If you can’t see the tea cup in a storm brewing situation then more fools you. With tapering, inflation, cop26 and covid I guess they are just noise too? In a short span of 3-4 months you’ll see what I was saying. In any case it doesn’t affect you you’re a 5-10 year investor so it is noise but good luck I’m with Zack on the fact that divi doesn’t make up capital growth on this share at best you may break even if you were the unfortunate ones who bought in above 4 quid."
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I am disappointed in your response as it reveals to me you lack the basic thesis for both investing and trading. Wish you all the best.

"Don't worry charlie don't have to believe quad witching is coming to a forum near you on Friday prepare for lower highs. Majority of the market will be rocked till late December there's a storm coming and it's not GOM."
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Apart from the fact that the US markets are ridiculously priced vs Europe, and FTSE in particular, what is your thesis? Why would FTSE tank until December, based on which factors and why BP?

Also, you mention quad witching. Sure, it may cause some volatility (meaning prices equally likely to move up as well as down), but then again, what is your calculation as to why BP, as we are in this forum, will be tanking based on this options expiry date? I suppose what would help is if you can present the historical Qwitching dates in the past overlapped with the BP share price. If we are going to cover the topic, we will need to qualitatively as well as quantitatively do conduct an analysis on the topic. Would you agree?

Mesh

Fleccy, you are up against the mob and a cult. There is ZERO financial rational other than the next fool theory in virtual token nonsense.

They will all huff and puff, because of ignorance, but that's how the agents operate in times of mania and euphoria. At least Tulips are beautiful to look at.

Rather mesmerised by the sheer irrational and ignorant reactions by some comments.

I really don't give a hoot what is posted here, but really, during these times where you have almost infinite amount of information ready at your finger tip, why do you feel compelled in making foolish comments?

If vod is a disappointment to you and your wallet, either take it as a man or move on. If you, on the other hand have a strategy,. then you should not be sweating one bit.

Putting the share price aside, as far as a mobile operator is concerned, what in their business and operational performance is underwhelming compared to its peers? What? Provide facts and links and not emotional reactions.

It's more about the US indices being on the frothy side than Powell's comments. As has been remarked earlier, the FED and other CBs are cornered. They can't do much!

A few years ago, the topics evolved around whether the rates would increase. These days the chatter is about wether they should reduce the pace of QE. In other words, QE can't be stopped as governments literally depend on it.

Any weakness in this market is a buying opportunity as CBs are destroying any perceived value in fiat.

"back in with my short term trade at sub 290. You simply grab the opportunity."
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Booked the profits for the above short term trade at 299.70 as I see a degree of volatility ahead of this afternoon's FED announcement.

@Mojo

"Bought some at 306 huge bulk and sold last week on the rise then bought bp at 289 and sold this morning for 292.7. The 3.19 ones I bought were only like 5000 shares off set that with the 306 buys. No deramps here but the sp is below the 200ma and struggling to get back over it with the negative news flow atm it looks like the weekly target of 280 on the 50ma is there. Anyway good luck all my own views not telling anyone to sell or buy but for me I can’t see myself coming back into this share when there are other plays out there."
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Do you trade actual shares?

"Sainsbury 's (LON:SBRY) - Private equity names are reportedly considering bidding for the supermarket chain for in excess of £7 billion. Apollo is one of the PE firms said to be interested. (Times)"
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And my cousin is also interested in putting in a bid;-)

On a second thought, why would a potential investor leak such news? To pump the price up before bidding for it? lol

back in with my short term trade at sub 290. You simply grab the opportunity.

The Aussie stock exchange is a Mickey Mouse compared to the FTSE100. It's almost equivalent to deciding to delist a stock from Nasdaq and move it over to FTSE.

It will be a matter of time before another US/UK listed miner is pumped up and encouraged to gobble up the Aussie listed entity. You simply can't fight gravity of "money".

"The unstable situation Afghan could stir and spike the oil price considerably.
In my opinion, we are going to see crazy spike in oil prices very soon."
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Sorry, but there is zero material and rational correlation between what's happening in Afghanistan (btw nothing new for a country that has been raped by multiple stakeholders for decades).

The Afghan situation will have ZERO impact on oil or anything else. The major groups being impacted right now are drug dealers lol.

Chinese will be signing a long term contract to secure their untapped natural resources.

"How does Vodafone ensure Ethiopia investment of many billions doesn’t go to zero. Looks like civil war there."
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A fair question!

As per the latest annual report, Ethiopia is not even part of the composite of "other markets", which generates ca €3.3billion of the total service revenues. See further page 134 at; https://bit.ly/3AINbQj. Which countries make up this category? Turkey, Egypt and Ghana.

A press release, however, was published on the 24th May this year about Vodafone'e winning bid and ambition in building out the network infrastructure of the country. See here; https://bit.ly/3g1TTt2

Factually speaking, the current developments in Ethiopia will not have any impact other than a potential delay in commencing investment. I would further assume, given the size of the investment, that the project will be adequately insured to hedge against potential tail events.

"Still feel that the sp is totally irrational though. I can't really see what's changed between the sp at 140 and 113."
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https://knowledge.wharton.upenn.edu/article/is-that-a-100-bill-lying-on-the-ground-two-views-of-market-efficiency-2/

Fleccy, sorry about that lol. I guess my auto predictive function prefers the greedier output haha.

Even the good old Buffett is holding 3 major holdings [APPL, BoA and AMEX] ;-)

Fleecy

Good input.

As for the net debt to EBITDA ratio, the company's objective is to keep this at 2.7x, which is generally an accepted level of leverage. Vod generates heaps of cash from its operations to the tunes of 17+bln/yr (in fact they achieved this during the pandemic year!)

Personally, I am rooting for the shares to remain subdued so I can keep adding on a monthly basis. Just keep going with the the Nash equilibrium strategy and really don't care what and how the sheep think or behave:)

Have a good Sunday.

"Markets won’t be making any moves today until job numbers are revealed. A lot of mixed messages as to what the numbers will do atm."
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You are correct and it's all a scam (sadly).

These days, markets are HFT-driven and events such as employment, inflation etc are hard coded to maximise transactional profits as a result of induced Pavlovian behaviour. This is one part.

Another part, whatever happens with these numbers whether it's PMI, Employment, the FED and the rest of the central bankers are cornered. There is absolutely nothing they can do to escape the mess they have created. If rates are increased, they will create a crash. And even if they could reduce asset purchases, which they can't, because US government wouldn't be able to fund its budget otherwise, the market collapses leading to more joblessness.

So the bankers, big trading houses, governments, through their clown proxies like CNBC , Bloomberg & Yahoo Finance are all trying to create a narrative that fits their agenda and to keep milking the cow for as long as they can.

Hyper inflation and a loss of trust in monopoly currencies is inevitable in my opinion. In essence we are in an unstable state and the bankers and governments are trying to play God with endless money printing.

We have never witnessed a global money printing at such scales, but historically, currencies' shelf life is around 50 years. And guess what? 15th August is the USD's 50th anniversary since it came off the Gold standard. Look at the historical US m1 money supply and what happened to it as soon as Nixon was pushed by bankers to decouple the USD from Gold - the rate of change went exponential! https://tradingeconomics.com/united-states/money-supply-m1#:~:text=Money%20Supply%20M1%20in%20the%20United%20States%20averaged%201360.36%20USD,Billion%20in%20January%20of%201959.

And here is the historical purchasing power of the USD. Pay attention to the tail-end, meaning 1971 onwards; https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/

Stay safe!

"Vodafone are buying up there shares because they fear a bid stateside but good luck to getting rich on your Vodafone stake they will be 81p on New Year’s Day"
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Let's assume you are correct in your prediction - Will you be buying at 81p?

As I am always eager to learn, could you please explain your calculation as to what 81p represents that the current price doesn't?

Thank you, Mesh

haha, just hit the wires that the HOOD insiders have filed to sell 100m shares to the sheep. You couldn't make this nonsense up - really! Only in the country of the wild wild west is a company allowed to literally front run both its customers and shareholders lol

The SEC should really bring these cowboys down, but then again, these bureaucrats whose role it is to ensure the rules are followed and investors protected have a vested interest. Many of these people end up working for hedge funds and banks, therefore, they will never bring down the hand that keeps feeding them. Sadly, the system is corrupt beyond repair.

https://www.ft.com/content/93ed950e-4420-420f-9ad5-0a932230468b

A week or so old article, but it sheds light on the hidden gem - M-Pesa and what the market is currently underpricing.
Just keep accumulating and embrace these low levels.

PS all based on my own opinion so DYOR.