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So basically a massive 10p drop since going ex divi. Wow, almost unprecedented I would say!
When you do the maths, there is absolutely no advantage to the SP decline except perhaps a that re-investing the dividend will give you more shares. The special divi and 15 for 19 shares evens itself out and in theory, the SP reduction should have been zero. Must be market forces at work.
Bit of a no brainer buying this share IMHO. Worse case within 2 years as follows: Price will go up to a minimum 400p at some stage. Dividends will be at least 5% per annum. 20% return minimum, sure beats a bank account!
It certainly makes me smile that anyone is prepared to buy a share that has plummeted in value from well over £3 a share to under £1. If people really believe that the "fantastic yield" compensates for such huge losses, they are delusional. Stick to the main FTSE 100 companies and trade the highs and lows of those would be my advice.
If the big supermarkets took their card selling a little more seriously, then this shambolic Company would-be wiped-out IMHO.
Totally not oversold, IMHO an appalling Company with a correspondingly appalling sp performance. As with Thomas Cook and Debenhams, probably best to get out while your shares are still worth some money even if you have lost a small or even large fortune. DYOR as they say!
So another British retail disaster, M & s next maybe or in a few years? So glad I Cut my losses at a massive 3.4p per share. A mere 63% loss! I’ll stick to long established boring dividend stocks in future!
Only one way this disastrous share is going IMHO. £1 next then 50p then who knows?
Well if it carries on losing 3 to 4p per day, it will be worth nothing in 40 working days time. Zero valuation just in time for Christmas. Mind you I remember when TW just a few pence per share and look at them now! Probably worth averaging down but waiting for 30% reductions each time. In t0 years if you’re not dead, you’ll probably be quids in!
Well if it carries on losing 3 to 4p per day, it will be worth nothing in 40 working days time. Zero valuation just in time for Christmas. Mind you I remember when TW just a few pence per share and look at them now! Probably worth averaging down but waiting for 30% reductions each time. In t0 years if you’re not dead, you’ll probably be quids in!
Let’s just hope this is a 2018 storm in a teacup and we are back to a more rational assessment of VOD in 2019. Agreed a shorter’s dream but I am not one of them. To think, some believed VOD would be a star performer in 2018!
Forget 120’s. I’m now waiting for 50p.
Cannot see this company surviving long term.
The dead cat bounce shouldn’t convince anyone. I’m waiting til the 120’s.
This share appears to be in free fall but I have a hunch it will settle in the 120’s before long. Assuming a halving of the dividend as a worst case scenario, will be well worth investing in then.
Got mine on Friday and Halifax bought more shares today as re invest dividends. I assume the market is treating it as a virtual certainty that special dividend won’t be paid this year as yield would be 12% + based on current ludicrous share price!