Member Info for mole_man99

Fleccy chap, you mis-understand Tesla.

That's OK for you, but others, do a little unbiased research and you will understand the opportunity. May I suggest you absorb Munro Live teardowns of Teslas on that vid tube website. Munro is the engineers engineer that all automotive companies go to to find out how to do things better.

Tesla's potential does not fit neatly in a spreadsheet tickbox valuation. It's not surpsrising so many will miss out.

It's a fascinating thing to watch unfold.

The mult is 9.1x EBITDal, not EBITDA. EBITDal puts ‘special loses’ back into the figure. One of the reasons the market not that blown away by it.

The more letters a company keeps adding to EBIT, the more they are trying to deflect attention.

Keynote speech by JJ Strauble of Redwood and Tesla co-founder have copper market in supply deficit by next year and for remainder of the decade. Industry has no chance to keep up with the demand caused by batteries and the electrification of everything. Enjoy low copper prices while we can.

Given the recent large holdings taken by two activist investor types, any change of guard will be to reflect their preference, so it would be good to hear from them. If they want to leverage to pay themselves a div then VOD will continue to do so, until it can’t refinance old debt, then the bond holders will be laying down the law.
It’s not in Read’s or any CEO’s hands.

Do reinvest dividends back into the stock market.
Don’t reinvest VOD divs back into VOD.

I’ll withdraw from the Friday guess now.

Probably a bullish signal.

Oh it makes sense now, why the city held the price up to a certain date then let it dump.

On directors deals tab above. There are zero cost awards but also sells at 126p.

I see Nick and Marg are both selling shares.

They may do. US markets had a barnstormer after fed raised rates but said doubt US in a recession. Even the VOD ADR's tickled up.

I am chuffed I have such notariety

I merely drone on to attempt to make investors look a little deeper than the supposed safe dividend return, and decide if the stock is for them long term.

Hope is not part of fundamental analysis. A mole-man say so.

*Latest Accounts. Don't know what the stars were.

Payout too much cash they don't have in divs and buybacks. Have too much debt because of it. Simple.

The latest aco****s show the TSR is just 2% per annum last 10 years. You can get 3% on a 10yr treasury. Why risk the capital, is what the big money will be thinking, so the SP remains beached, since 1998.

On Cheaps comment
We'll find about the debt refinancing as the first bond is up in September. A cool billion dollars, current coupon 2.5%. You can get 3% on a 2yr US treasury so not sure why you would lend to VOD for less.

Not sure what you mean about Tesla. They have no debt so are ungeared.
Results for Q2 out later tonight. You can see if they managed to handle Shanghai being shut for a month and remain positive. Short term fun. Don't miss the dip buy opp.

Not sure why it’s nonsense to point out VOD’s refinancing figures. The bonds are all there on the VOD website. You can calculate it yourself.
It’s a point to consider for long term investors. VOD may do well as a company but that debt has the potential to erode earnings improvements.

Just something to consider, long term.

Gotta talk about something while VOD holders wait to see if debt has to be refinanced at much higher rates. First up is a billion dollars in Sept at a coupon of 2.5%. Probably have to double that coupon.

About 11 billion euro currently on low coupons has to be refinanced by 2025. They don’t seem able to pay them off so will have to roll them into higher coupon debt.

The gbp has some pep in it’s step, and a few things like property are drifting up. Maybe the bottom in markets is in. My 115p will look more like the ramblings of a madman it is.
Big earnings in US this week. We’ll see if all problems have been priced in already, or the next leg of blind panic begins.
Tesla Wednesday. You can all point and laugh at me.

I’ll wager you’ll get your money back faster by selling up VOD and rebuying your PSN.

The big one will be inflation falling but the June reading will still be high. Oil falling hard again today but that won’t show up in readings for a few months. Keeps the worry vibe going.

Meanwhile Heathrow is capping flights to cope with high demand. It’s the best recession we’ve ever had!

Euro just hit parity with the dollar. Just too much negative headwinds for VOD or most stocks to make gains over the summer now.