Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Mrd5432, come in 154, your time is up! I have spoken , well, posted so it will be so. Or as Captain Kirk says "make it so"!
However dog walking to escape decorators and builders today might make for an extended break from the computer.
Fingers crossed for those waiting.
You could of course be right and time will tell on the liberty deal assuming price pressures don't upset the prospects.
I made no secret that I am out in any event until 2019 in equities regardless of opportunities in the next 9 ish weeks.
There is probably more happening than most Octobers though.
Personally, I agree about the debt reduction,but it is all about the b/s now. Corporate debt much like personal debt is the norm and sanity economics doesn't exist.
The high divi game at the expense of corporate governance. Vod is in a trap like companies such as GSK, BT and SAGA. They don't have the underlying figures to attract true growth investors (BT is enjoying the growth ether currently despite bolloxing up the monopoly they enjoy) so the funds who have to invest love the divis.
Even if vod does rise to the mythical broker 220 what would justify that valuation as the mythical asset valuation is fine as long as you are going to break the company up and actually realise the supposed book value. But the numbers aside from the debt mountain fueled divi don't in my opinion warrant 220.
The share is actually one of the "dog" shares in real terms every since the brown stuff hit the fan post tech bubble and again in the past 10 years. Still, at least it isn't a penny share like Lloyds yet.
Let's see if it bounces a little today.
The thing is you could be right. I'm not convinced and I like to buy with conviction whether it turns out to be right or wrong.
I simply don't buy in currently to the broker/newspaper pundit recommends.
This share should in reality be flying and at the very least stable with a decent but not too high divi.
My current gains have stopped me buying back in as i really can't see the wood for the trees on which way this market is heading. The swings are too frequent and for the most part on the back of commentary.
I am always happy for people to do well as it is a good sign for the rest of us and so all joking aside I hope it does turn around and hits at least 168,170 or even more by Xmas.
I really want to believe that there is one decent rally left but the clouds do seem to be gathering from all corners. The divi of course is a consolation that helps offset the capital and at this years' level it is good.
And when those assets are actually realised which could be one month 6 months, 1 year......then it becomes a reality. Until then it is simply an accountancy device for people to hang their hat on when making theories fit.
Vod hasn't been told the dow has risen for now. Will it stay up though.
It's a but like Flash Gordon at the Saturday Morning Pictures when Ming The Merciless had Dale Arden in a tight spot. Will vod break free of the clutches of "bear" the sp thief. Tune in next week for more exploits of vod the maybe, could be, might be, will it be, share price hero.
Aren't the indices already in downturn territory in the US though. There's a lot going on all at once that makes it neigh on impossible to shift through it. Well, for me anyway. People seem desperate to hang their hat on something that might be the catalyst for driving the sp higher.
I really don't know if the November sanctions on Iran and the countries who use their oil are the starting pistol for and wider swing in the markets or it is one of the myriad of other factors. But vod is far from being alone in this downturn.
But then Buffett is as rich as Croesus so he can take that approach. I wonder if he was Joe Public would that same philosophy apply.
There is some logic in my opinion in the wait and see approach sometimes but let's say that wait was when vod was at the tech bubble highs. You'd still be waiting nursing a loss that would never be recovered. As for the divi the FT has a piece on water companies that have unnecessarily taken on debt to reward shareholders. A bit like maintaining too high a divi at vod sustained by debt.
"My limited understanding of stock market operation is that for every buyer there has to be a seller. Orders have to match at the end of the day. Stocks can't create loads of new shares out of thin air." But they can hold some themselves without selling. That is my understanding. They can also use delays to "falsify" trading data.
The problem in proving a theory is that in this case we would need to be at the offices of the MM's/stockbrokers, fund managers, hedge funds......and be able to collate that information contemporaneously.
I understood that MM's took the data of thousands of trades to try and better their competition in making a profit. They have minimums they show which they are obliged to sell at but no maximum.
The whole buying and selling of shares is a bit of a fiddle and the biggest has to be shorters borrowing shares for a fee.
If only some of the theories are correct then making money from shares is mostly luck unless you have some inside knowledge or hold for a long time. Occasionally we get a lucky gift of patterns like last year in my case with Boohoo, Burford Capital and Lloyds. Sadly, they don't last otherwise I'd be driving my Bentley past my villa in the South of France instead of my Golf to Lidl.
Still, interesting information and times currently.
Don't take it out on me because you don't know what to do.
I merely stated the bizarre attacks on posts because some people are afraid and don't understand why the buying and selling theories won't make the share price do what they want it to do.
Take your own guidance only stop attacking people because you don't like what they say. You wouldn't do it to their face which is one genuine thing that is a certainty on here.
If you don't agree or even like what I have posted by all means disagree and explain why.
I don't get why so many on here keep attacking each other except fear and frustration at what is happening to the share price.
I see the holy trinity of wafer thin divi support mentioned; Lloyds, BT and Vod. Lloyds is a penny share A PENNY SHARE surviving on the ether of limited loan business. BT even with a monopoly on line infrastructure couldn't find their arse with both hands and a map and Vodafone has declined so much in real terms over the years that if its finances were your domestic budget you'd starve or be on universal credit while still buying that unaffordable Sky subscription.
People will see what they need to see to justify their stance and these divis and in the case of Lloyds maybe the prospect of serious capital increase.
What I struggle to understand is that few are prepared to accept on here at least that this is the norm now and that some sort of written conformation that new valuations may be here or even a correction and not just because it is around 10 years ago since the last fiasco of cowboy finance gamblers were allowed to hobble our country financially.
Are the answers in free cash flow, the dow, market makers, which way a share jumps in relation to the ftse,volumes, ceo promises or in the tea leaves, treasury yields, Italy's debt to gdp ration or trump and china each vying for power. Who really knows,no one,but one thing for sure is that when a downturn, recession, correction, call it what you want starts there won't be an advert on hoardings up and down the country warning people so they can make an orderly exit.
One absolute is certain and that is that the money system has been manipulated by credit subsidies of printing money.
Are people so wedded to this share that they might be missing the point.