Member Info for mole_man99

It will depend on the final outcome of the investigation colliding with market sentiment on the day. If they came back this week, SP would of been hammered I think.
Maybe they can string out the suspension till 2022, when all this has passed. Come back with all skeletons out and some blockbuster car sales. The main business does seem to be coping.

Bought in the Dividend reinvestment plan. I expect he gets a discount. Free shares pay free div, (paid for by borrowing), to buy more free shares.
At least the directors do well. What a relief.

Over in US, Amazon betting on an office based work future, expanding offices in 6 cities. Virtual team work not as spontaneous.
'We are looking forward to returning to the office'. Ardine Williams, VP of workforce development.

WKP is being offered at 50% off NAV at the moment, unless you think London working is finished.

Long termers have seen it all before. WKP generally lags behind other property companies. It was only just getting going to stella highs before COVID hit after a few years wait.

The recent rise came at the same time as the pound appreciating sharply. My suspicion is the market gained some confidence in UK and UK property assets and started to mark them up. This effect has now stalled, so WKP drifts.

I found the best way to deal with WKP is to work out where you think London property is heading next 5 years, check the current NAV for WKP, mark it down a bit, buy if it is under this price, then don't look at your holding for at least 5 years.

It is a pension cornerstone, not a share to make you smile daily.

The underlying business is well run and a good product, especially once normal service resumes, but it is all really about the value of the property, and right now, the market thinks offices in London are worth 50% less than they really are.

Pounds for 50p. 5 years from now, you'll wonder why you didn't buy more. For the rest of this year, you'll wonder why you bothered buying any.

Why would anyone buy someone else's assets now? OXY Anadarko burns brightly as a reminder in most board rooms I would think.

OXY $6.6bn write-down of onshore assets plus losing $1.6bn in the quarter.
They will have one rig operating in the Permian. Amazing decline really.

VOD's all about the div, which is odd as the div is part of the problem. Bet the MD wishes he could cancel it, but the institutions won't let him, and so the debt will grow and grow. Just be ready to see the SP decline by div amount each year. Zero sum game.
In fact last 5 years, VOD has declined by much more than the div amount, so holding is a long term risk.

Everything will be the same again as soon as a vaccine is available. During lockdown, lots of people were being all philosophical about not using their cars as much after lockdown. The roads were rammed today. The new years resolution lasted about a week.

How long EZJ can last on lean burn without having to raise more funds is the critical point. As soon as this thing passes, it will be back to fighting your way on-board just about any flight.

Enjoy it while you can. My son got £15 flight to France and 3 rows of seats to himself. It won't last forever.

Since the divi payment, it is in a descending channel, pointing at 110p
https://www.tradingview.com/x/y9pGvUIa/

It would certainly be the most interesting on the FTSE 100, and basically a UK manufacturer. Make a change from the plethora of commodities and charlatan traders domiciled in other countries.

>>A 35 quid for a squad of marines that must be a massive return.

It is harder, and alot more expensive, to develop and manufacture these things than people think. This is great as it gives GW a decent moat. Some bloke in a shed with some moulding materials can't threaten GW overnight, or ever.

As long as GW don't drop the ball on imagination and design, they are assured a good future. They are the only pure play in this sector on the market, London, and possibly USA too. Funds will keep flowing into it securing the SP, as long as GW keep pumping out relevant product.

Tesla of the hobby world.

The hope of the Towers (for the markets) is paying down debt. If they retain 80%, the remainder 20% will barely be noticed. The market won't add any premium to the SP for the 80% left, that they currently own anyway so is already in the SP.
It's the debt and the losses the market does not like. On average, since 1988 (Racal Telecom) Vodafone Group has lost 3.6bn each year. It pays abut that in Divi. The market has figured out it pays a divi by borrowing the same amount each year.

Came here for my quarterly checkup to warn others away. I saw the price and went to live RNS tab, looking for the share consolidation news, as the only sensible reason for the rise.
It's a shame as some new folk will surely end up buying not knowing the history of the company, and from these giddy heights it has 80% loss potential in a short time.
Hopefully they visit this chat room first.

No love for WKP in the market. Think we'll have to wait for the next financial update to show the market that vacancies have not spiraled.

USA fell off a cliff in afternoon trading. All eyes on USA.

US market is strong. They are liking tech style companies and 5g offerings. It should be pulling VOD up, not down.
I suspect the heavy debt comes to play again.
They need to cancel the divi and get serious on paying it down.

The smaller office revolution is coming. Fuzitsu in Japan introduce new permanent work from home policy to reduce size of head office. Twitter done this in US. Others will follow.
WKP is a slow burn. It was same in the 08 downturn. It will take the market a while to realise first their offering and proterites are different to larger office REITS trying to rent out whole floors of skyscrapers, then second they can keep increasing the value of the property assets under management beyond any basic market in crease in property.
A certain portion will go mad working from home. We will still need offices, just smaller and more flexible.

I found to my cost, holding FXPO is too risky just for a tasty Divi. From Russia invading to scandals at collapsed banks. Something always comes along to nobble them and the SP falls away taking your divi gain with it.
Keep your investment under 5% of your portfolio, then you won't be too hurt when the next black swan turns up.
It's a real shame, as the operating company does a good job and I like owning good makers of things.
It's the owner that's the problem, and the Russian threat still lingers.

Beginning to wonder if WKP are sitting on a boom for their style of business. Larger companies may just want a smaller more flexible space, and continue on with many working from home. It's the tall buildings in central London letting off whole floors that will suffer.

The excessive debt forces them to sell the family silver, wrapped up as a good idea to release value for shareholders. The debt will just drag on VOD in this market, which is starting to look like it will take a some time to get back to full normal.