Member Info for mole_man99

I think you'll find the odds of 5%-10% pa are very much more in favour of a balanced diversified portfolio than a single stock.
You don't have to constantly buy and sell stocks, just find 10 or so high conviction stocks you like and build those positions. Over time you will notice a stinker in there and you can weed it out. At no more than 10% of your holding it's damage will be limited.
100% VOD last 36 months would of returned you about -20% pa. It's a dangerous game to play with all your savings.

ROO has a slow puncture. Liquidate your funds and just pile into Coinbase next week. That will be proper IPO fun with price action you can tell yer grandkids about.

Is it a good idea to put it all in one company/sector?

Did get mentioned on a US trading show today, but I doubt it will hit the reddit radar, until the short positions gets over 30%.

£5.5bn for some rusting bicycles and a stroppy underpaid workforce seems a bit toppy. The shorts will gather, so maybe reddit will come when the shorts have chased it down to 50p

Weakening GBP against Euro, though that is reversing now, and over in states the 10yr treasury yield fell rather than continued to rattle up on the headline jobs rate. VOD will get pushed around by macro stuff, maybe until next earnings so market can see if earnings continue to improve.

The headline US jobs number was a blockbuster, so 10yr yields may spike up Monday as markets assume FED will have to raise rates sooner, which makes divi stocks less attractive, to the big money.
Deeper analysis of the jobs number shows lots of hidden issues still, so it is unlikely the Fed will raise rates sooner, but it all makes for some volatility in stocks on the US side which may come across the pond, particularly with VOD having ADR's over there.
VOD can be traded Monday on NYSE.

Maybe Dan was also Mikey?

If you buy and forget VOD, the danger is you come back and find all your divs went on capital declines. That has been the theme for the past 7 years. Still can't see what has changed for the next 5 years to be different.

It's not a buy and forget stock.

VTWR is back to the float price that the insiders got in at, if you want to join them.

Demir will figure it out as AAZ did. Conroy own nothing and have no expertise to offer. Just outbid them for the licences at the next licence round, or get some other licences. Ireland is covered in gold. Getting planning permission for a mine anywhere will be the issue.

?

I thought it was a decent explanation for you. You did ask. Been trading since '86, but you gotta operate in today's environment, whatever it is.

Market probably disappointed in the level of the buyback. Leaves behind alot of dilution from the convertible bond.

€24 was the placing price. The price at which insiders and institutions got shares for. The IPO then goes live and the MM's match up buys and sells in an auction before releasing the stocks to market. If there are more buys than sells it will push up the first price the stock prints at.

The first print was at €24.80. This being the first time normals can buy the stock.

For placing buyers, the IPO rose from €24 to close at €24.34. For everyone else, it opened at €24.80 and fell to €24.35.

I believe the sum they suggested to pay out is for the whole year, so 2.3% yearly yield right now. They aim for 60% payout ratio each year.

I don't invest in bonds. Not suggesting they are better or worse, but if you are an institution and looking to park £1bn, then a 2% safe as houses yield on a 10yr US bond is attractive compared to dividend stocks and the risks they pose. The rule of thumb is 2.5% 10yr US bond yield and stocks in general become less appealing for big money. It has bumped up to over 1.73% today. It's on it's way so is spooking the US market. That feeling may filter across to Europe. Or it may all reverse tomorrow. It's fast moving.

That 10yr US Bond yield keeps rising despite what the FED said yesterday. It makes divi paying stocks across the globe less attractive.

It's not manipulation, just evidence that nobody knows anything Expert pro or retail. We are all just on a random rollercoaster and you trade according to what you know today.

The first dividend is approx 2.3% at today's close price.

€280m proposed
504m shares, of which VOD retain 408.3m
Div per share €0.55
Yield at €24.30 = 2.26%

Approx because the final actual total dividend payment for FY is not known.

Anyone bought any today?

From the Q3 update
The company is on track for 4.0x leverage at year end FY21, enabling Vantage Towers to balance growth, investments and returns with a 60% dividend payout ratio, including a €280m dividend for FY21

€11.5bn listing would give approx 2.5% div which would be attractive I guess.

There is a 416mhz cap on any one provider in UK to ensure competition, so pricing suggests VOD could spend up to £2bn getting it's full allocation. Germany spectrum prices seem to be higher where VOD will want alot. WIth Spain and Italy too they may want to spend over £10bn on spectrum.

DT have estimated the total bill for all 5g rollout across Europe will be between €300bn and €500bn.

No debt payoff yet if VOD want to remain competitive.

No way this is £10. 10p maybe after 10 years of dilutive placings to stay solvent while the JV fights the locals over planning consent.
If it is signed that is.