Member Info for mole_man99

Wallstreetbets just been shut down anyway. The man always wins.

GME float had churned 6 times, before the markets even opened. So if you have £174bn free you can get the same effect with VOD.

See why it's an impossible dream for VOD? Too big for retail to effect, too much debt for institutions to love.

You need to read deeper. Imports down by 7m barrels, most of the decline. Gasoline stocks up despite refinery inputs down.

Give it a few hours and the market will figure it out. Low demand is still the story, and now Biden has made sure oil never makes a comeback.

It's super crazy stuff, but they are targeting high short interest stuff, so VOD an unlikely target. I had a tiny flutter with AMC buying a few hundred bucks last week. It's fun but take care not to get sucked in with FOMO and end up holding the bag at the top.

VOD is more for investing, if only they can sort out the cash generation side of things.

Trading is not for everyone but it does make money if you approach it in the right way. The right way is the way that's right for you. Takes a good year of trying to find yer style, and there are many styles from scalping in minutes to swinging over a few days or weeks.

Buy and hold forever is still a good tactic though, but in the right shares. You have probably guessed I don't think much of VOD as a buy and hold. That divi goes on capital rot.

Good news.
Cash genertive companies that have uses for cash that grow the value for stakeholders always do well. Special div's and even normal divs suggest companies that have run out of ideas and ambition.

Time to walk away from Ireland though. It will suck money spent better elsewhere.

Reminds me of Dragon Oil. No debt, single asset to concentrate on, eventually got bought out.

Any old Dragoneers here?

Watch the EIA products supplied and gasoline/distilate stocks figures today for signs of increasing pressure. China is beginning to get gummed up again, reducing global demand somewhat.

That will be the reason next few weeks for Brent and WTI weakness.

I lost very little dibs as my ownership period was short. I had the posters are at the iii boards to thank at the time who openened my eyes to the Conroy way. Since then a merry band of us posted once or twice a year, for 15 years now for me, to help the current crop of new holders realise they were in for a long ride downhill. It's a hard habit to break.

Even with the JV I see it happening again. Holders will pile in to watch their holding dwindle as it is watered down to pay salaries over the next 4, and most probably longer, years.

Have a flutter, but keep allocation below 0.5% of portfoio.

On a business level, I can't see the point of AAZ entering a JV now, with so many resources to go at in the Caucuses following the RNS. Much easier to scar the landscape with an open pit there, and the salaries will be lower.

You may also like Intel over in US. It's been spanked the last few quarters for missing production target on 7nm CPU's, but it has led to long time CEO Bob Swan being ousted and replaced by former insider Pat Gelsinger, which has been well received.

Intel have big investment in 5g for networking and data centres. All that 5g accessed cloud stuff of the future will rely on Intel most likely.

You have just missed some run down prices on Intel stock, but monitor it. It tends to go in waves of optimism and despair, mostly linked to who is seen as having the fastest CPU at the time.

Pays a good divi too. I know VOD'ers like a divi.

Not sure where you get the 30%. New car sales were down 29% in 2020.

Used car sales rose by 4.9% in December according to the latest INDICATA used car insights report.
But that was not enough to prevent the market falling by 12.3% in 2020 compared with 2019.
https://www.motortrader.com/motor-trader-news/automotive-news/used-car-sales-end-2020-high-despite-overall-decline-21-01-2021

New car sales
https://www.whatcar.com/best/2020-new-car-sales-revealed-who-were-the-winners-and-losers/n17053

With lots of resources in our back yard, why are we going to Ireland?

Doubters, or the conroy casualities of old, are still here dibs. Enjoying the rise in AAZ instead which I feel is a safer bet.

Old Conroydians have long memories. The prof watered holders down to nothing whilst taking a fat salary every year. It's hard to fogive. £45 to 40p. Well done.

You may not of got date wrong. There are probably terms allowing the bonds to be converted early. It could happen at any time. Not privvy to the fine print so can't say for sure.

Regarding dilution, VOD have some options. They could use shares in treasury (but not sure how many they have) which won't increase the total shares, just the float. They could use cash from the masts sale to buy back share. They could issue new debt to buy back the shares. Dilution may not be too much of a worry, but a shame to see the masts cash go to this.

From when they issued them;

Maturing no later than March 2021 and March 2022.

€2bn each time converted to stock. Convert at 131.31pence if price is not above that on the day. Approx 1.36bn shares depending on exchange rate. 5.067% of float.

Dan, I am former holder who learnt the hard way how VOD can harm your wealth, when you fall into trap of chasing a div. Just ramble out my nonsense and maybe it will help others at least consider both sides and control exposure.

The words are only depressing if you are too exposed to the stock. 1% of portfolio, and it's not too much of a worry. I think you mentioned being 100% VOD. That can't be right?

I think VOD will struggle to remain relevant. Something will come to threaten their way of providing comms and data, and lumbered with debt, they won't be able to respond. Years of narrow margins in a cut throat industry await them, so no chance to bump up prices and pay down debt.

VOD is looking like a value trap. Cheap share (compared to it's div), but it's cheap for a reason. Possibly one of the Black Holes Cathy Woods mentions (ARK CEO and stock picker supreme). she wrote in Dec

Where are the black holes associated with technologically enabled innovation? In our view, any company not investing aggressively in one or more of five major innovation platforms and 14 technologies evolving today will lose its way. In harm’s way are companies that have spent the last 10-20 years engineering their financial results to satisfy the short-term demands of short-sighted investors. Those that have leveraged their balance sheets to buy back shares and pay dividends are at particular risk because deflation can ravage debt holders: technologically enabled innovation is deflationary. Stretching for yield, fixed income investors have enabled this behavior and, at some point, will have to pay for it.

Hi Dibs. I said Dalradian is in N.Ireland.
It's view. Consider it or ignore, but do relax.
Cheers
Mole

Certainly not safe is my view.

Nothing can be safe really. You can, and should, look for dangers in any investment. It's why I think good portfolio management is key, and within that portfolio VOD shoud be restricted to 1%, as there are many alternatives with better chances of overall gain.

A div is pointless if it is lost in SP decline. With all the various issues for VOD and it's big debt pile, I think SP decline will continue.

The prof better hurry up and make his usual dilutive placing to pay this years wages, while the shares have a high value.