Member Info for mole_man99

I don't know about the offer, but I do know we inch ever closer to March, daffodils and the hospitality sector reopening.

Hopefully the offer will set the low price for the stock, even if it falls through. Perhaps we can get to 150p with a sunny summer blowing the sector along.

Hold for sure.

Just to correct, AAZ funds the JV separate company, not Conroy. Conroy has to find a way to fund itself for 4 to 10 years while waiting for income from JV mine.
AAZ is quite clear about protecting the JV from Conroy's 'corporate activities'.

Volume I expect. The ADR's are thinly traded, so in some minute candles there may be so few trade to record the candlestick narrower than the UK counterpart.
It's been about Marijuana in US trading today. Nobody really interested in cell phones.
Gotta trade what's moving.

I guess new management needs to go through a proving phase to convince the market and win back trust.

Long term, physical dealers have their issues too, in the brave new tech online world. Order your Tesla plaid online, pay with bitcoin, have an autonomous lorry drop it off. Yikes.

I think you need to just have a go at some basic diversification Dan. You don't need trading, constant buying and selling, but do spread your holdings a bit beyond VOD.
Limit any holding to 10% of your portfolio, and maybe a sector to 20%.
I am skeptical though of getting good gains while focusing solely on UK market. You may have to get a little bit adventurous.
Here is Divi payer fund focused on Europe. You can scroll down to holdings and sector allocation to get some ideas.
https://oshares.com/oeur-europe/

VOD not in the fund, and UK ones only a small percent holding.

Returns of this divi payer fund are not that impressive. Their USA focused divi payer fund has done much better, but if you enter the US you do want to start thinking how to hedge against a falling dollar. There are various ways.

My pop is more directed at hedge funds who usually treat retail with contempt. Dumb money as we are known. They had a torrid January as they all crowd into the same trades which went wrong, when they are supposed to be 'hedging' and protecting clients money in any market for their fees. January was actually a very good month for returns on the market, if you are in the right places.

At the very least, they lack imagination.

https://www.ft.com/content/1ed2b0de-ea10-4a50-8f33-9f0a1cd38be9

It's not a pop as such, it's designed to make us challenge a belief that highly paid fund managers know more than we do or act more intelligently. Have confidence and grow your own abilities. Chart your progress against those of fund managers, and save the fees.

It's quite easy really. If I can do it, anyone can. You just have to find your style.

A slight positive for you.

I like to convert investments to annualised ROI to see how I'm doing. I added VOD to my recent round out of interest.

July 3rd 2020 close to Feb 4th 2021 close, 217 days

VOD 11.19% annualised ROI, including 4.5p divi
FTSE 100 9.39% annualised ROI

So there you are. You are beating the index, and probably most fund managers focused on UK, which is always the aim.

Of course there is a sting in the tail

S&P500 43.56% annualised ROI not including divi's
Nasdaq 57.39% annualised ROI not including divi's

UK market is a bit dour for sure. Go west young man.

I don't think they will put more than €1bn to debt reduction of the projected €4bn to raise from the 20% listed. About 1% of issued debt.

It's not the aim of vantage. The aim is to have the value recognised in the VOD sp (some analysts say it already is) and then their borrowing ability is increased so they can create more debt.

My suspicion only, looking at their track record. They will certainly use Vantage to raise more debt, the CEO in waiting has said so.

Touching the bottom of the post results lack of interest I think. Bimble about in the 900's for a bit maybe, then back up.

I don't think I am sophisticated Dan. Just applying all the stuff I have read and learnt past 20 years, and YOY returns seem to suggest it works.
Never stop learning.

Oh no. He's found more gold. Usually means the placing RNS is coming.
Still got to cover the wages JV or no JV.

I read the recent RNS and saw revenue decling 4.7% when it should be an obvious pandemic win. I'm out, or still not in.

'organic service revenue' tiny increase is a distraction away from the ongoing issues within. It's one of those accountancy tools where management can pull out all the stuff they want to ignore and look at the highlights only.

Germany growth is cancelled out x2 by the rest of Europe for example. You can't ignore the drag those unwisely aquired assets create, which left VOD with all that debt.

Those over shorted stocks like GME, the brokers lend out the shares, and then whoever borrowed can lend them out again. A bit like when they were selling on those toxic house loans over and over again in repackaged products before that crash.

There is no limit to how dumb sophisticated professional investors can be. More than 100% it appears.

A lowly price will just be an interesting anecdote once it becomes clear the world will return to the gold standard.

Dollar is toast so gold will rise anyway. Gold standard will be icing on the cake.

VW making exaggerated claims about their cars? Surely not?

'Dumb redditors' are fighting a battle against Wall Street corrupt hedge funds. Super shorted US stocks of most interest. I doubt VOD has even registered, just because it is valued to give a high percent div.

A great old cramer interview has surfaced where he details what his hedge fund would have to do at the end of a qtr to meet its figures. Basically pick on some stock and attack it for no reason other than to flatter their own returns, spreading false rumours to the press, placing random buys/sells to back up the rumours. That's what Redditors are going at. Hedgers tried every tactic last week, even stopping robinhood from trading. Robinhood business model relies on the hedge funds for it's income, hence the no fees transactions, so they can pull the strings of all these free trading apps now.

It's a rare case where the mass mob ain't dumb.

Short position is not big enough to be of interest. Company also too large for a merry band of men to have the same impact as on GME etc.
VOD is going to have to do it all by itself the old fashioned way. Improve margins, reduce debt, come up with a new product.
Management is the key here.

If you're holding overnight you are swing trading not day trading really. Longer than a few weeks and it's core trading.

A good return for day trade, selling and buying on same day, is 2R. Two times the amount you risked (R is difference between purchase and stop price)

It's been a great Jan for trading. Feb is looking dodgy for shares, historically it always is, but trading gives you something to do with your trigger finger. I find I don't fret about the long term account since getting into trading. I go weeks without even logging in to see how it's doing. I'll check it in 5 years. You also get tuned to a share price, and can see great times to add a few to the long term hold.

No need to get personal.
It was shut down along with the discord then message appeared to say overwhelmed and they moved somewhere else and has since restarted. All live commentry whilst listening to Tesla earnings call. Lots goes on after midnight UK time.