Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Would MDV take a Musk pay packet I wonder?
ZERO pay or perks, but 5% of the company if it reaches a market cap of 250bn by 2030? That would be Ā£9.25 a share!
This is the deal that got cancelled in Delaware. No pay while you 10X the company cap. Zero if you only 9.99X the cap
Would she b6ll0ks
I hold both sides. Have done since 1990 for BDEV. About 10 years for RDW.
I think the combined entity will do well long term. Short term, because of the way this deal is done, you are left wondering if you are winning or losing. If the sp goes down 20% next few months, is it the deal or is it the macro? You'll never know.
I am keeping both and will keep the combined shares, myself.
VOD would use cash from asset sales to buyback stock. The reduction of shares in issues is negated by the drop in assets on the books. Zero sum.
Rob gets it, so does the Market it seems.
Maybe I am, but I just like to occasionally post so new potential investors can know they havenāt found a plucky early stage explorer, but a 20 year old gofundme campaign centred around the promise of a mine which never gets fleshed out.
Researching the facts they can better decide if a mine will ever be attempted or not and allocate according to the risk they see.
To be so devoid of ideas that theyāll use asset sale cash for buybacks tells long term investors everything they need to know.
If you want, Play the trade for short term gamed eps figures that help directors hit pay targets, but long term it will suffer with this strategy.
Have a good read of the posts hear, and the balance sheet, then decide if you want to join the agony.
I have a long barge pole if you want to borrow it.
Long term bond yields are running up as the market absorbs the higher for longer rhetoric. Yield focused div stocks like VOD do suffer.
Rather worrisome disconnection trend in Germany.
āThe prof also said there are other interested parties if Demir didn't want to continue although I'd say that is unlikely.ā
You are not suggesting surely that the prof fluffs up reality, so he can keep this going and pay himself with investors money, regardless of success or failure?
Maybe thatās why DS likes to point out the history of this thing, so new investors can make a choice and balance out the no brainier 10 bagger buy side analysis.
Do you see a better place to invest Ā£20000 today than VOD. If yes then why keep it in VOD.
If an investor is going to pick individual stocks then you need to be prepared to assess the likely future fortunes of those companies and be prepared to book loss if your thesis does change and reallocate.
Most PI I reckon end up with a collection of lost causes as they sell off their winners and put the money into losers to average down. The winners then keep on winning and the losers lose.
Itās an irrational emotional attachment.
BP LLOY VOD probably are the foundation of most underperforming UK PI portfolios.
Is that world class? Thatās what the prof says.
Canāt be long till the Demir cash runs out.
They donāt have any Geologists on payroll I think. The prof of sleep, a hospital radiologist and a son in law for some reason.
When an iPad gets close to full memory it can get very slow.
Nothing going on so it ends up in snipping, so here's an extract of an interview with Nikola Tesla in 1926 to distract.
"When wireless is perfectly applied the whole earth will be converted into a huge brain, which in fact it is, all things being particles of a real and rhythmic whole. We shall be able to communicate with one another instantly, irrespective of distance. Not only this, but through television and telephony we shall see and hear one another as perfectly as though we were face to face, despite intervening distances of thousands of miles; and the instruments through which we shall be able to do his will be amazingly simple compared with our present telephone. A man will be able to carry one in his vest pocket."
So there you have it, Tesla invented the smartphone.
Probably little to non immediately as it is known and in the price. Long term down as VOD give away share of their Star growth market.
Orange man bad. Must worry and panic because mainstream media told me to.
Fun fact, Bill Clinton who was president to 2001, is younger than both Biden and Trump.
We expect to sustain our profit growth in the year ahead, despite the arrival of a new entrant in Italy and competitive pressure in Spain, supported by the third year in a row of lower net operating costs. Our primary focus continues to be to accelerate the āDigital Vodafoneā programme, which we believe is a unique opportunity to enhance our customersā experience, generate incremental value and improve cost efficiency.ā
Sounds like a solid investment for profits and dividend growth?
It was Vittoria Colao, 2018
Beware CEO predictions. What investors need is the solid strategy and plans, and then you can make your own analysis.
Sounds like the sort of stuff you tell your bank manager, whilst at the same time trying to explain why trading was harder last year than you said it was going to be.
Given the price the market is prepared to pay today, it suggests there is a dim view of FCF prospects, whatever the CEO says.
That is the retail investors chance though, to spot an opportunity the spreadsheet driven big money can not. I don't have that much confidence in VOD though, given track record and current strategy which is all driven by dealing with the debt overhang.
Last years eps included asset sales. That big money is going to be looking at ongoing business.
If you use a FCF per share figure instead, then from 23 accounts it was 4.6p. Put that in with zero growth and comparing it to sp long term average you get 45p
You put zero growth cause it canāt cope with negative. VOD FCF was down 22 to 23 and they are guiding lower again.
Just trying to shine light on what may be keeping big money away.
Real FCF is on page 25 of annual report.